RENEWAL OF EXISTING CONTINUING CONNECTED TRANSACTIONS Sample Clauses

RENEWAL OF EXISTING CONTINUING CONNECTED TRANSACTIONS. Reference is made to the Company’s announcements dated 31 March 2021, 3 November 2021 and 31 March 2022, respectively, and the Company’s circular dated 21 May 2021, in respect of, inter alia, certain Continuing Connected Transactions of the Company where the existing annual caps for such Continuing Connected Transactions were set. Each of the 2023 CNHTC CCT Agreements and the 2023 MTB Parts Sales Agreement is due to expire on 31 December 2023. A. CNHTC Continuing Connected Transactions 1. 2026 CNHTC Sale of Goods Agreement
Sample 1
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RENEWAL OF EXISTING CONTINUING CONNECTED TRANSACTIONS. Reference is made to the prospectus of the Company dated December 6, 2021 in respect of the 2021 CCT Agreements. As the term of each of the 2021 CCT Agreements is due to expire on December 31, 2023, the Company had on October 17, 2023 (after trading hours), entered into the 2023 Property Leasing and Administrative Services Framework Agreement and the 2023 Game Cooperation Framework Agreement to continue the transactions contemplated thereunder, respectively. 1.1. The 2023 Property Leasing and Administrative Services Framework Agreement
Sample 1
RENEWAL OF EXISTING CONTINUING CONNECTED TRANSACTIONS. Reference is made to the announcements of the Company dated 3 December 2012, 16 July 2013, 27 October 2014 and 25 January 2016 (the “Announcements”) in relation to certain continuing connected transactions between the Group and certain connected persons of the Company. On 28 December 2018 (after trading hours), the Company entered into the 2018 Ningbo Storage Agreement (Renewed). On 3 December 2012, Xxxxxx Xxxxxxxxx and Ningbo FTZ Dragon Crown entered into the Ningbo Storage Agreement, pursuant to which Ningbo Ningxiang agreed to provide Ningbo FTZ Dragon Crown with terminal and storage services at the Group’s terminal in Ningbo for the three years ended 31 December 2015. On 25 January 2016, Xxxxxx Xxxxxxxxx and Ningbo FTZ Dragon Crown entered into the 2016 Ningbo Storage Agreement (Renewed), pursuant to which Ningbo Ningxiang agreed to provide Ningbo FTZ Dragon Crown with terminal and storage services at the Group’s terminal in Ningbo for the period of three years from 1 January 2016 to 31 December 2018. On 28 December 2018 (after trading hours), Xxxxxx Xxxxxxxxx and Ningbo FTZ Dragon Crown entered into the 2018 Ningbo Storage Agreement (Renewed), pursuant to which Ningbo Ningxiang agreed to provide Ningbo FTZ Dragon Crown with terminal and storage services at the Group’s terminal in Ningbo. The term of the 2018 Ningbo Storage Agreement (Renewed) is for the period of three years from 1 January 2019 to 31 December 2021. Ningbo FTZ Dragon Crown is a wholly-owned subsidiary of DC Investments which in turn is owned as to 98% by Xx. Xx, a Director and a Controlling Shareholder and as to 2% by Xx. Xxxxx Xxx Xxxx, a Director. It is principally engaged in trading of chemicals. According to the Listing Rules, Ningbo FTZ Dragon Crown is an associate of Xx. Xx and thus a connected person. As Ningbo FTZ Dragon Crown is a connected person of the Company, the transactions contemplated under the 2018 Ningbo Storage Agreement (Renewed) will constitute continuing connected transactions of the Company under Rule 14A.31 of the Listing Rules. As each of Xx. Xx and Xx. Xxxxx Xxx Xxxx has an indirect and material interest in the proposed transaction, they have abstained from voting on the relevant board resolutions approving the 2018 Ningbo Storage Agreement (Renewed) and the transactions contemplated thereunder. The fees payable by Ningbo FTZ Dragon Crown to the Group for the services provided are principally determined by (i) the quantity of the liquid chemical products hand...
Sample 1
RENEWAL OF EXISTING CONTINUING CONNECTED TRANSACTIONS. Reference is made to the announcements of the Company dated 22 January 2019 and 30 December 2019 in relation to certain continuing connected transactions between the Group and its connected person, Xxxxxx Xxxxxxx. On 29 December 2020 (after trading hours), Xxxxxx Xxxxxxxxx and Xxxxxx Xxxxxxx entered into the 2020 Ningbo Port Loading, Discharging and Storage Agreement (Renewed). On 22 January 2019, Xxxxxx Xxxxxxxxx and Xxxxxx Xxxxxxx entered into the Ningbo Port Loading, Discharging and Storage Agreement pursuant to which Ningbo Zhenhai agreed to provide Ningbo Ningxiang with loading, discharging and storage services at the terminal in Ningbo for the period from 22 January 2019 to 31 December 2019. On 30 December 2019, Xxxxxx Xxxxxxxxx and Xxxxxx Xxxxxxx entered into the 2019 Ningbo Port Loading, Discharging and Storage Agreement (Renewed) pursuant to which Xxxxxx Xxxxxxx agreed to provide Ningbo Ningxiang with loading, discharging and storage services at the terminal in Ningbo for the period from 1 January 2020 to 31 December 2020. On 29 December 2020 (after trading hours), Xxxxxx Xxxxxxxxx and Xxxxxx Xxxxxxx entered into the 2020 Ningbo Port Loading, Discharging and Storage Agreement (Renewed), pursuant to which Ningbo Zhenhai agreed to provide Ningbo Ningxiang with loading, discharging and storage services at the terminal in Ningbo. The term of the 2020 Ningbo Port Loading, Discharging and Storage Agreement (Renewed) is for the period from 1 January 2021 to 31 December 2021. Ningbo Port is a substantial shareholder of Xxxxxx Xxxxxxxxx and Xxxxxx Xxxxxxxx, owning 40% equity interests in Ningbo Ningxiang and Xxxxxx Xxxxxxxx. Each of Ningbo Ningxiang and Ningbo Xinxiang is deemed to be a subsidiary of the Company under the Listing Rules by virtue of being a subsidiary undertaking as defined in schedule 1 to the Companies Ordinance (Cap 622). Ningbo Port, being a substantial shareholder of subsidiaries of the Company, is considered as a connected person of the Company under the Listing Rules. Xxxxxx Xxxxxxx, being a branch company of Ningbo Port, is also considered as a connected person of the Company under the Listing Rules. The principal business of Ningbo Zhenhai includes the development, operation and management of terminal; loading and discharging, storage, packaging of goods at port, international logistics agency services; port information and technical consultancy services, etc.. As Xxxxxx Xxxxxxx is a connected person of the Company, the transaction...
Sample 1

Related to RENEWAL OF EXISTING CONTINUING CONNECTED TRANSACTIONS

  • CONTINUING CONNECTED TRANSACTIONS NEW LEASE AGREEMENT

  • Termination of Existing Agreements Any previous employment agreement between Executive on the one hand and Employer or any of Employer’s Affiliates (as hereinafter defined) on the other hand is hereby terminated.

  • Termination of Existing Agreement The Existing Agreement is hereby terminated and replaced and superseded by this Agreement, effective August 1, 2001. All payments, of Base Salary or otherwise, made by the Company under the Existing Agreement with respect to any period commencing on or after August 1, 2001 shall be credited against the corresponding payment obligations of the Company under this Agreement.

  • Restricted Transactions From the date hereof until the earlier of i) 120 days after the date of this Agreement or ii) the date that the Holder holds less than 10% of the Securities being sold to the Buyer in this offering remain outstanding, including Conversion Shares, neither the Company nor any of its affiliates or subsidiaries, nor any of its or their respective officers, employees, directors, agents or other representatives, will, without the prior written consent of the Buyer, directly or indirectly, solicit, accept, enter into, announce, or otherwise cooperate in any way, assist or participate in or facilitate or encourage, any exchange (i) of any security of the Company or any of its subsidiaries for any other security of the Company or any of its subsidiaries, except to the extent (x) consummated pursuant to an exchange registered under a registration statement of the Company filed pursuant to the 1933 Act and declared effective by the SEC or (y) such exchange is exempt from registration pursuant to an exemption provided under the 1933 Act (other than Section 3(a)(10) of the 0000 Xxx) or (ii) of any indebtedness or other securities of the Company or any of its subsidiaries relying on the exemption provided by Section 3(a)(10) of the 1933 Act. Notwithstanding the foregoing or anything contained herein to the contrary, neither the Company nor any of its affiliates or subsidiaries, nor any of its or their respective officers, employees, directors, agents or other representatives, will, without the prior written consent of the Buyer (which consent may be withheld, delayed or conditioned in the Buyer’s sole discretion), directly or indirectly, cooperate in any way, assist or participate in, facilitate or encourage any effort or attempt by any third party to effect any acquisition of securities of the Company by such third party from an existing holder of such securities in connection with a proposed exchange of such securities of the Company (whether pursuant to Section 3(a)(9) or 3(a)(10) of the 1933 Act or otherwise).

  • Termination of Existing Credit Agreement Receipt by the Administrative Agent of evidence that the Existing Credit Agreement concurrently with the Closing Date is being terminated and all Liens securing obligations under the Existing Credit Agreement concurrently with the Closing Date are being released.

  • Permitted Transactions The Member is free to engage in any activity on its own or by the means of any entity. The Member’s fiduciary duty of loyalty, as it applies to outside business activities and opportunities, and the “corporate opportunity doctrine,” as such doctrine may be described under general corporation law, is hereby eliminated to the maximum extent allowed by the Act.

  • Termination of Existing Tax Sharing Agreements Any and all existing Tax sharing agreements (whether written or not) binding upon the Company shall be terminated as of the Closing Date. After such date neither the Company nor any of its Representatives shall have any further rights or liabilities thereunder.

  • Waiver of Existing Defaults Subject to Section 9.02, the Holders of a majority in principal amount of the outstanding Securities of a Series on behalf of all the Holders of the Series by notice to the Trustee may waive an existing Default on such Series and its consequences. When a Default is waived, it is cured and stops continuing, and any Event of Default arising therefrom shall be deemed to have been cured; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereon.

  • Excluded Transactions The Company shall not be obligated to effect any registration of Registrable Securities under this Section 2.1 incidental to the registration of any of its Securities in connection with: (i) the IPO; (ii) a registration statement filed to cover issuances under employee benefits plans or dividend reinvestment plans; or (iii) any registration statement relating solely to the acquisition or merger after the date hereof by the Company or any of its Subsidiaries of or with any other businesses.

  • DESCRIPTION OF EXISTING INDEBTEDNESS AND OBLIGATIONS Among other indebtedness and obligations which may be owing by Borrower to Bank, Borrower is indebted to Bank pursuant to a loan arrangement dated as of June 11, 2003, evidenced by, among other documents, a certain Loan and Security Agreement dated as of June 11, 2003 between Borrower and Bank, as amended from time to time (as amended, the "Loan Agreement"). Capitalized terms used but not otherwise defined herein shall have the same meaning as in the Loan Agreement.

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