SALES AND SERVICES FRAMEWORK AGREEMENT Sample Clauses

SALES AND SERVICES FRAMEWORK AGREEMENT. On 8 December 2023 (after trading hours), LTO has also entered into the Sales and Services Framework Agreement with LTE in relation to the design, manufacturing, sales and distribution of Authorized Products by the LTO Group and the provision of the Sales Services by the LTE Group to the LTO Group in relation to such Authorized Products from time to time. The proposed annual caps for the aggregate service fees to be paid by the LTO Group to the LTE Group under the Sales and Services Framework Agreement will amount to US$1,500,000 (approximately HK$11,700,000), US$4,500,000 (approximately HK$35,100,000) and US$8,000,000 (approximately HK$62,400,000) for each of the years ending 31 December 2024, 2025 and 2026, respectively. The Sales and Services Framework Agreement and the proposed annual caps are subject to the approval of the Independent Shareholders. LISTING RULES IMPLICATIONS LTE is an indirect wholly-owned subsidiary of LTG. LTG is ultimately owned as to 30% by a discretionary family trust founded by Xx. Xxx Xxx Xxx, being an executive Director of the Company and he controls the composition of the board of directors of the discretionary trustee of the said family trust. Therefore, LTG is a connected person of the Company. LTE is a deemed associate of LTG, and hence a connected person of the Company. No other connected person of the Company holds any interest in the shares of LTG. As a result, the transactions contemplated under the OEM Services Master Agreement, the OBM Products Purchase Master Agreement and the Sales and Services Framework Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. Despite the relevant transactions contemplated under the OEM Services Master Agreement and the OBM Products Purchase Master Agreement on one hand and the Sales and Services Framework Agreement on the other are of income nature and expense nature respectively, the transactions under the Agreements are required to be aggregated pursuant to Rule 14A.81 to Rule 14A.83 of the Listing Rules on the basis that the transactions are entered into with the associates of the same connected person
AutoNDA by SimpleDocs
SALES AND SERVICES FRAMEWORK AGREEMENT. On 8 December 2023 (after trading hours), LTO has also entered into the Sales and Services Framework Agreement with LTE in relation to the design, manufacturing, sales and distribution of Authorized Products by the LTO Group and the provision of the Sales Services by the LTE Group to the LTO Group in relation to such Authorized Products from time to time. Principal Terms The principal terms of the Sales and Services Framework Agreement are as follows:

Related to SALES AND SERVICES FRAMEWORK AGREEMENT

  • Support and Services ISD and HC agree to the following conditions:

  • Implementation Services The Company and the Client have developed a plan for implementing the services to be provided hereunder, including with respect to the transition of responsibility for such services from the Client and its current administrator to the Company, which plan attached hereto as Schedule I (the “Implementation Plan”). The Company shall perform the services required to complete the Implementation Plan, as set forth therein (the “Implementation Services”). The Company and the Client shall comply with any applicable requirements agreed in the Implementation Plan.

  • Support Services HP’s support services will be described in the applicable Supporting Material, which will cover the description of HP’s offering, eligibility requirements, service limitations and Customer responsibilities, as well as the Customer systems supported.

  • Network Services Local Access Services In lieu of any other rates and discounts, Customer will pay fixed monthly recurring local loop charges ranging from $1,200 to $2,000 for TDM-based DS-3 Network Services Local Access Services at 2 CLLI codes mutually agreed upon by Customer and Company.

  • Broadband Services Notwithstanding any other provision of the Amended Agreement (but subject to and without limiting Section 2 above and Section 4.4 below), when XO seeks access to a Hybrid Loop for the provision of "broadband services," as such term is defined by the FCC, then in accordance with 47 C.F.R. § 51.319(a) and the Arbitration Orders, Verizon shall provide XO with nondiscriminatory access under the Amended Agreement to the existing time division multiplexing features, functions, and capabilities of that Hybrid Loop, including DS1 or DS3 capacity (where impairment has been found to exist, which, for the avoidance of any doubt, does not include instances in which Verizon is not required to provide a DS1 Loop under Section 3.4.1 below or is not required to provide a DS3 Loop under Section 3.4.2 below) on an unbundled basis to establish a complete transmission path between the Verizon central office serving an end user and the end user's customer premises. This access shall include access to all features, functions, and capabilities of the Hybrid Loop that are not used to transmit packetized information.

  • Content and Services Neither Licensor nor the provider of the wireless network is the provider of any financial services available through or related to the Software, and neither Licensor nor the provider of the wireless network or any contractor of the provider of the financial services available through or related to the Software, is responsible for any of the materials, information, products or services made available to you via the Software.

  • Additional Products and Services Subject to the allocation of funds, the CPO may add similar equipment, supplies, services, or locations, within the scope of this Agreement, to the list of equipment, supplies, services, or locations to be performed or provided by giving written notification to Contractor. For purposes of this Section, the “Effective Date” means the date specified in the notification from the CPO. As of the Effective Date, each item added is subject to this Agreement, as if it had originally been a part, but the charge for each item starts to accrue only on the Effective Date. In the event the additional equipment, supplies, services, or locations are not identical to the items(s) already under this Agreement, the charges therefor will then be Contractor’s normal and customary charges or rates for the equipment, supplies, services, or locations classified in the Fees and Costs (Exhibit “F”).

  • Prices and Services Billing 8.1 SCHEDULE OF PRICES AND TERMS Competitive Supplier agrees to provide Firm Full-Requirements Power Supply and other related services as expressly set forth herein in accordance with the prices and terms included in EXHIBIT A to this ESA, which exhibit is hereby incorporated by reference into this ESA.

  • Translation Services Translation services are available under this Contract for non-English speaking Members. Please contact Us at the number on Your ID card to access these services.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!