Proposed Annual Caps and Basis for the Proposed Annual Caps Sample Clauses

Proposed Annual Caps and Basis for the Proposed Annual Caps. Set out below are the proposed annual caps under the New Construction and Installation Services Framework Agreement for the three years ending 31 December 2024: For the year ending 31 December For the year ending 31 December For the year ending 31 December 2022 2023 2024 RMB0’000 RMB0’000 RMB0’000 Service fees payable by the Group for the construction and installation services provided by Andre Construction and Installation 3,000 3,000 3,000 The annual caps for the continuing connected transactions contemplated under the New Construction and Installation Services Framework Agreement have been determined based on the following factors: (i) the increase in the demand for construction and installation services as compared to the historical transaction amounts due to the establishment of production line project of Dalian Andre Juice Co., Ltd.* (大連安德利果蔬汁有限公司), a subsidiary of the Company and taking into account the repair and renovation of the manufacturing plants and the construction of additional cold storage of certain subsidiaries of the Company; and (ii) the prevailing market prices of construction and installation services.
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Proposed Annual Caps and Basis for the Proposed Annual Caps. The Directors propose the annual caps for the three years ending 31 December 2024 in respect of the continuing connected transactions under the China Power Master Purchase Agreement as set out in the table below: Proposed Annual Caps For the year ending 31 December 2022 For the year ending 31 December 2023 For the year ending 31 December 2024 (RMB’000) (RMB’000) (RMB’000) Maximum fees payable by the Group to China Power and its associates under the China Power Master Purchase Agreement 2,700 Nil 4,000 The proposed annual caps for the continuing connected transactions contemplated under the China Power Master Purchase Agreement have been determined primarily based on the following factors:
Sample 1
Proposed Annual Caps and Basis for the Proposed Annual Caps. The Directors propose the annual caps for the three years ending 31 December 2024 in respect of the continuing connected transactions under the IRICO Group Master Sales Agreement as set out in the table below: Proposed Annual Caps For the year ending 31 December 2022 For the year ending 31 December 2023 For the year ending 31 December 2024 (RMB’000) (RMB’000) (RMB’000) Maximum fees payable to the Group by IRICO Group and its associates under the IRICO Group Master Sales Agreement 52,165 52,165 52,165 The proposed annual caps for the continuing connected transactions contemplated under the IRICO Group Master Sales Agreement have been determined primarily based on the following factors:
Sample 1

Related to Proposed Annual Caps and Basis for the Proposed Annual Caps

  • Proposed Annual Caps The proposed annual caps for the transactions contemplated under the Packaging Material Supply Master Agreement for the three years ending 31 December 2020 and the five months ending 31 May 2021 are set out below: Year ending 31 December 2018 Year ending 31 December 2019 Year ending 31 December 2020 Five months ending 31 May 2021 Transactions RMB (million) RMB (million) RMB (million) RMB (million)

  • ANNUAL CAPS Proposed Annual Cap For the financial year ending 31 December 2019 2020 Master ITOCHU Supply Agreement US$4 million (approximately HK$31.3 million) US$8 million (approximately HK$62.6 million) The above annual caps have been determined by reference to (i) the value of the historical sales for the eight months ended 31 August 2019; and (ii) the increase in the overall sales volume of the CPP Supply Products to the ITOCHU Group which the Group projects for the remaining part of 2019 and for the financial year ending 31 December 2020. 2 MASTER ITOCHU PURCHASE AGREEMENT

  • Evaluation Cycle: Annual Orientation A) At the start of each school year, the superintendent, principal or designee shall conduct a meeting for Educators and Evaluators focused substantially on educator evaluation. The superintendent, principal or designee shall:

  • WORKING TEST PERIOD Section One. The Working Test Period shall be deemed an extension of the examination process. Therefore, a determination of unsatisfactory performance during a Working Test Period shall be tantamount to a failure of the competitive exam.

  • PAYMENT TERMS/PRE-PAYMENT/QUANTITY DISOUNTS If discounts for accelerated payment, pre-payment, progress payment, or quantity discounts are offered, they must be clearly indicated in the Contractor’s submission prior to contract award. The applicability or acceptance of these terms is at the discretion of the Customer.

  • Average Log Length and Payment Reduction If the average log length for all logs delivered under this contract is less than the average log length specified in the table in clause G-024.2, The amount of allowable payment reduction shall be calculated by multiplying the payment rate in P-028.2 by the total volume delivered, and the difference between the average length of logs delivered and the average log length specified in G-024.2, times 1% as follows: Log Length Payment Reduction = (B x V x L) x (.01) 1/10th) Where: B = Bid rate from P-028.2 clause V = total delivered log Volume L = Length in feet below specified average (rounded to nearest Average log length payment reductions calculated by the Purchaser must be approved by the State, prior to payment for the final billing period. Third-party scaling organization information is required to determine Xxxxxxxx mbf and Average log length for payment reduction purposes. Average log length is determined on a piece count basis. Value of log length price reduction will be derived from the applicable sort value as described in this contract. Scale information for determining Average log length for payment reduction eligibility must be obtained from roll-out scale. Truck-ramp, sample scaling, and/or bundle scaling information is not acceptable for determining eligibility. Purchaser’s exclusive remedy for below average log lengths shall be the payment reduction described in this clause, notwithstanding other provisions in the Uniform Commercial Code.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation.

  • RELIEVING IN HIGHER AND LOWER-RATED POSITIONS 23.01 In the event of an employee relieving in a higher-rated job, the employee shall receive the hourly rate of the position they are relieving for any and all hours relieving.

  • Venue Limitation for TIPS Sales Vendor agrees that if any "Venue" provision is included in any TIPS Sale Agreement/contract between Vendor and a TIPS Member, that clause must provide that the "Venue" for any litigation or alternative dispute resolution shall be in the state and county where the TIPS Member operates unless the TIPS Member expressly agrees otherwise. Any TIPS Sale Supplemental Agreement containing a “Venue” clause that conflicts with these terms is rendered void and unenforceable.

  • Minimum Shipping Requirements for TIPS Sales Vendor shall ship, deliver, or provide ordered goods and services within a commercially reasonable time after acceptance of the order. If a delay in delivery is anticipated, Vendor shall notify the TIPS Member as to why delivery is delayed and provide an updated estimated time for completion. The TIPS Member may cancel the order if the delay is not commercially acceptable or not consistent with the Supplemental Agreement applicable to the order.

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