Total Current and On-going Interested Person Transactions Sample Clauses

Total Current and On-going Interested Person Transactions. The current total value of all interested person transactions (including the DMA and excluding transactions which are less than S$100,000) between SHG Group and HHPL, Xx Xxxxxx Xxxx and Mdm Chen Huaidan and their respective associates, which also represent the total interested person transactions of SHG Group, for the current financial year commencing on 1 April 2015 up to the date of this announcement (“Relevant Period”) are as follows S$’000 1 Transactions with American Pacific International Capital Inc (“APIC”)(1) 298(2) 2 Transaction with HHPL 134,400 (3) 3 Transaction with Cove Wealth Limited (“CWL”)(4) 45,521(5) 4 Transaction with PMPL for the DMA 6,500 Total 186,719 1 In this Announcement, the term “SHG Group” means the Company, its subsidiaries and associated companies. (1) APIC is an entity controlled by Xx Xxxxxx Xxxx and Xxx Xxxx Xxxxxxx. (2) This amount represents the consultancy fees to APIC. APIC provided consultancy services to the Company’s subsidiaries. (3) This amount represents PPL’s committed equity participation in respect of its 35% equity interest in the Joint Venture. This transaction falls under Rule 916(2) of the Listing Manual. Please refer to the Company’s announcement dated 30 June 2015 for further details. (4) CWL is a special purpose vehicle 100 per cent. owned by Xx Xxxxxx Xxxx and Mdm Chen Huaidan. (5) This transaction falls under Rule 916(2) of the Listing Manual. Please refer to the Company’s announcement dated 24 June 2015 for further details.
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Related to Total Current and On-going Interested Person Transactions

  • Related Person Transactions Except for indemnification, compensation or other employment arrangements in the ordinary course of business, there are no Contracts, transactions, arrangements or understandings between the Company or any of its Subsidiaries, on the one hand, and any Affiliate (including any director or officer) thereof, but not including any wholly owned Subsidiary of the Company, on the other hand, that would be required to be disclosed pursuant to Item 404 of Regulation S-K promulgated by the SEC in the Company’s Form 10-K or proxy statement pertaining to an annual meeting of stockholders.

  • Interested Transactions An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.7 because the Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted by the terms of this Agreement.

  • 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.

  • Affiliated Transactions The Company shall cause each of the Initial Stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Initial Stockholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the Initial Stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary or contractual obligations the Initial Stockholders might have.

  • Acquisition Transactions The Company shall provide the holder of this Warrant with at least twenty (20) days’ written notice prior to closing thereof of the terms and conditions of any of the following transactions (to the extent the Company has notice thereof): (i) the sale, lease, exchange, conveyance or other disposition of all or substantially all of the Company’s property or business, or (ii) its merger into or consolidation with any other corporation (other than a wholly-owned subsidiary of the Company), or any transaction (including a merger or other reorganization) or series of related transactions, in which more than 50% of the voting power of the Company is disposed of.

  • Formation Transactions The Formation Transactions shall have been or shall be consummated substantially concurrently in accordance with the timing set forth in the respective Formation Transaction Documentation.

  • CONTINUING CONNECTED TRANSACTIONS NEW LEASE AGREEMENT

  • Prohibition of Short Sales and Hedging Transactions The Investor agrees that beginning on the date of this Agreement and ending on the date of termination of this Agreement as provided in Section 11, the Investor and its agents, representatives and affiliates shall not in any manner whatsoever enter into or effect, directly or indirectly, any (i) “short sale” (as such term is defined in Rule 200 of Regulation SHO of the Exchange Act) of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock.

  • Interested Person 2 (l) Investment Adviser.............................................. 2 (m) Series.......................................................... 2

  • No Speculative Transactions No Credit Party shall engage in any transaction involving commodity options, futures contracts or similar transactions, except solely to hedge against fluctuations in the prices of commodities owned or purchased by it and the values of foreign currencies receivable or payable by it and interest swaps, caps or collars.

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