Procurement Agreement. Subject to the terms and conditions set forth herein, Hitachi and OpNext Japan shall, simultaneous with the execution of this Agreement, enter into a definitive procurement agreement on commercially reasonable terms pursuant to which Hitachi may purchase Optronic Components from OpNext Japan (the “Procurement Agreement”). The Procurement Agreement will contain the definitive terms for Hitachi’s purchase of any Optronic Components from OpNext Japan, including but not limited to the following: (i) price and payment terms; (ii) establishment of a rolling forecast of demand by Hitachi for its Optronic Components needs; (iii) shipment and delivery terms; (iv) title and risk of loss; (v) inspection rights; (vi) quality control; (vii) warranty(ies); (viii) intellectual property rights; and (ix) modification and cancellation of purchase orders. The Procurement Agreement and any other procurement agreement entered into between Hitachi and any other member of the OpNext Group shall in all cases be subject to the terms and conditions set forth in Section 2.1 hereof. The Procurement Agreement shall be governed by the laws of Japan and any dispute arising therefrom shall be arbitrated in accordance with Section 8 and Exhibit A hereof. In the event that Optronic Components are offered for sale by any other member of the OpNext Group (other than OpNext Japan), Hitachi and such other member of the OpNext Group will enter into a definitive procurement agreement on substantially the same terms as the Procurement Agreement (except that the governing law shall be the jurisdiction of organization of such other member of the OpNext Group).
Procurement Agreement. Subject Matter
Procurement Agreement. Com21 shall sell to Com21 Israel certain parts and components identified on SCHEDULE 4.11 and on such terms as described on SCHEDULE 4.11.
Procurement Agreement. The Board further announces that Hangzhou Aurora and Alipay (Hangzhou) entered into the Cash Vouchers Procurement Agreement on July 30, 2019, pursuant to which Hangzhou Aurora agreed to sell, and Alipay (Hangzhou) agreed to purchase, Cash Vouchers at total consideration of RMB440,000. As at the date of this announcement, AGH is the ultimate sole shareholder of Ali CV, which is a substantial shareholder and a connected person of the Company holding approximately 50.64% of the issued share capital of the Company. As Ant Financial is indirectly held by AGH as to 33% of its equity interest and Alipay (Hangzhou) is a wholly-owned subsidiary of Ant Financial, each of Ant Financial and Alipay (Hangzhou) is an associate of Ali CV and thus a connected person of the Company as at the date of this announcement. The entering into of the Procurement Framework Agreement and the transactions contemplated thereunder constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules, while the entering into of the Cash Vouchers Procurement Agreement constitutes a connected transaction of the Company under Chapter 14A of the Listing Rules. As one or more of the applicable percentage ratios set out in Rule 14.07 of the Listing Rules in respect of the highest annual cap for the transactions contemplated under the Procurement Framework Agreement are more than 0.1% but less than 5%, the entering into of the Procurement Framework Agreement and the transactions contemplated thereunder are subject to the reporting, announcement and annual review requirements but exempt from independent shareholders’ approval requirements under Chapter 14A of the Listing Rules. As all the applicable percentage ratios set out in Rule 14.07 of the Listing Rules in respect of the total consideration under the Cash Vouchers Procurement Agreement are less than 0.1%, the entering into of the Cash Vouchers Procurement Agreement was, pursuant to Rule 14A.76(1) of the Listing Rules, fully exempt from independent shareholders’ approval, annual review and all disclosure requirements at the time of signing. Pursuant to Rule 14A.81 of the Listing Rules, the transactions contemplated under the Procurement Framework Agreement shall be aggregated with the connected transactions contemplated under each of the AGH Procurement Framework Agreement and the Cash Vouchers Procurement Agreement as if they were one transaction as they are of similar nature and were all entered into within a ...
Procurement Agreement. The procurement agreement between the City of Edmonton and The Xxxxx Street Service Society relates to the provision of outreach services through the City-wide Street Outreach Program (Attachment 1). The maximum amount payable by the City to The Xxxxx Street Service Society will not exceed $2,312,450 (including GST) for a term of four years and two months from November 1, 2020 - December 31, 2024. The Xxxxx Street Services Society would be paid up to the maximum of $112,450 (including GST) in 2020, for November and December, and $550,000 annually for a period of four years beginning January 2021 to December 2024. Payments will be made quarterly each calendar year for the provision of Street Outreach services. For the period of November 1 to December 31, 2020, the sum of $112,450 (including GST) will be paid on December 31, 2020. The sum of $137,500 (including GST) will be paid quarterly on March 31, June 30, September 30, and December 31 of each calendar year from 2021 to 2024. The City of Edmonton’s procurement agreement would enable The Xxxxx Street Service Society to provide outreach services through the City-wide Street Outreach Program, including staffing the Street Outreach Program team, which includes one team lead and eight street outreach workers and associated expenses including client and administrative costs. The procurement agreement would be funded each year from the operating budget, subject to budget approval by City Council in 2023 and beyond. As per the City Administration Bylaw 16620, agreements over $500,000 that do not arise from a competitive procurement process must be approved by the appropriate Committee of Council. Due to exceptions in each applicable trade agreement that the City is subject to, a competitive procurement process is not required for this contract. Public engagement did not take place for this report as a decision regarding the proposed procurement agreement does not require input from residents or stakeholders. Increase in level of support provided to clients/persons identified as homeless Number of interactions with clients / persons identified as homeless 2019: 3,838 interactions with 286 unique participants 2,855 interactions with anonymous participants Increase interactions year-over-year Demonstration of the City and stakeholders ongoing commitment to connecting vulnerable individuals to resources and housing options Number of individuals connected to affordable housing through the Street Outreach Program 2019...
Procurement Agreement. On the same date, the Company and Hainan Cares also entered into the Procurement Agreement, pursuant to which Hainan Cares shall provide the Company the required software and hardware equipment for the departure information system of the Boao Airport. Further details of the Procurement Agreement are set out below: Date: 7 April 2016
(1) the Company; and (
Procurement Agreement. On 30 September 2021, Golden Eagle (China) on one part, and Golden Eagle International Group and Nanjing Zhantai on the other part, entered into a Procurement Agreement, pursuant to which Golden Eagle International Group, Nanjing Zhantai and their respective subsidiaries will purchase the Products from Golden Eagle (China) and/or its subsidiaries, for a term of 3 years commencing from 1 January 2022 to 31 December 2024. The Company proposes to revise and/or renew the annual caps in respect of the following agreements:
Procurement Agreement. The Directors anticipated that all the applicable percentage ratios in respect of the aggregate consideration to be received by the Group under the Procurement Agreement calculated on an annual basis with reference to the annual caps available represent more than 0.1% but are less than 5%. Accordingly, the entering into of the Procurement Agreement and the transactions contemplated thereunder are subject to announcement, reporting and annual review requirements but are exempt from the Independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.
Procurement Agreement. Buyer shall have executed and delivered to Seller a Procurement Agreement in substantially the form attached hereto as EXHIBIT E.
Procurement Agreement. The principal terms of the 2021 Master Procurement Agreement are summarized as follow: 7 April 2021 (after trading hours)
