Transaction values Sample Clauses

Transaction values. The Company confirms that since the Company did not have any historical transactions with CITIC Trust relating to entrusted services in the past, there are no historical transaction values relating to entrusted services. The historical maximum daily investment balance (including accrued investment returns) under the Old Investment and Wealth Management Cooperation Framework Agreement for the period from 3 December 2018 to 31 December 2019 and the financial year ending 31 December 2020 are as follows: For the period from 3 December 2018 to 31 December 2018 For the financial year ended 31 December 2019 For the financial year ending 31 December 2020 (RMB) (RMB) (RMB) Historical maximum daily investment balance (including accrued investment returns) 0 1,002,005,000 2,571,303,000 1 Note 1: The estimated maximum daily investment balance (including expected accrued investment returns) for the financial year ending 31 December 2020 was calculated with reference to the actual maximum daily investment balance (including accrued investment returns) for the eleven months ended 30 November 2020 (i.e. approximately RMB2,555,761,000) and the expected accrued investment returns for the one month ending 31 December 2020. Pursuant to the Renewed Investment and Wealth Management Cooperation Framework Agreement, the maximum daily investment balance (including expected accrued investment returns) of Party A with Party B under the Investment Products, the Entrusted Investment Services and the Other Investment Cooperation within the term of the Renewed Investment and Wealth Management Cooperation Framework Agreement should not exceed RMB6,000,000,000 (equivalent to approximately HK$7,095,386,000). 2021 (RMB) 2022 (RMB) 2023 (RMB) 6,000,000,000 6,000,000,000 6,000,000,000 For the financial year ending 31 December Maximum daily investment balance (including expected accrued investment returns) The maximum daily investment balance (including expected accrued investment returns) for the three financial years ending 31 December 2023 are determined with reference to the balance of cash and cash equivalents of the Group of approximately RMB41,079,476,000 (equivalent to approximately HK$48,579,121,000) as of 30 June 2020. Considering the Group’s financial resources, monetary funds and operation needs, including the balance of cash and cash equivalent of the Group as at 30 June 2020, the current debts of the Group as at 30 June 2020 and the monthly expenses of the Group, the Company inte...
Sample 1
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Transaction values. The historical maximum daily investment balance (including accrued investment returns) under the Old Investment and Wealth Management Cooperation Framework Agreement for each of the two financial years ended 31 December 2022 and the eleven months ended 30 November 2023 is approximately RMB2,585,735,000, RMB2,573,438,000 and RMB3,749,621,000, respectively. There is no historical transaction amount of the service fees paid by Party A to Party B in respect of the entrusted services under the Old Investment and Wealth Management Cooperation Framework Agreement for the same period. Pursuant to the Renewed Investment and Wealth Management Cooperation Framework Agreement, the maximum daily investment balance (including expected accrued investment returns) of Party A with Party B under the Investment Products, the Entrusted Investment Services and the Other Investment Cooperation in aggregate for each of the three financial years ending 31 December 2026 should not exceed RMB6,000,000,000 (equivalent to approximately HK$6,603,420,572). The maximum daily investment balance (including expected accrued investment returns) for the three financial years ending 31 December 2026 was determined with reference to the balance of cash and cash equivalents of the Group of approximately RMB29,776,735,000 (equivalent to approximately HK$32,771,384,077) as at 30 June 2023. Considering the Group’s financial resources, monetary funds and operation needs, including the balance of cash and cash equivalents of the Group as at 30 June 2023, the current debts of the Group as at 30 June 2023 and the monthly expenses of the Group, the Company intends to invest part of the cash and cash equivalents of the Group through the cooperation with Party B. The maximum daily investment balance (including expected accrued investment returns) of RMB6,000,000,000 (equivalent to approximately HK$6,603,420,572) represents approximately 20.15% of the balance of cash and cash equivalents of the Group as at 30 June 2023 and therefore the Directors are of the view that the maximum daily investment balance (including expected accrued investment returns) is set at a reasonable level and the remaining cash and cash equivalents of the Group will still be able to meet the Group’s operational needs. The Directors confirmed that before making decisions to enter into any specific purchase agreements or entrusted investment service agreements, the management of the Company will take into consideration a series of fa...
Sample 1

Related to Transaction values

  • Historical Transaction Amounts For each of the two years ended 31 December 2021 and 2022 and the six months ended 30 June 2023, the historical transaction amounts paid by Poly Developments and Holdings Group to the Group in respect of the pre-delivery services under the 2021-2023 Pre-delivery Services Framework Agreement were RMB993.2 million, RMB1,108.1 million and RMB538.0 million, respectively.

  • Foreign Transaction Fee If you make a Purchase or Cash Advance in a foreign currency, it will be billed to you in U.S. dollars. You will be billed the foreign transaction fee for these Purchases and Cash Advances made in foreign currency in the amount shown on page 1. This fee, which is a FINANCE CHARGE, is not a foreign currency conversion charge and is not based on our exchange cost.

  • Agreement Amount The Grantee acknowledges and agrees that, notwithstanding any other provision of this Agreement, the maximum amount payable by the City under this Agreement for the initial ## month term shall not exceed the amount approved by City Council, which is $ (dollar amount), and $ (dollar amount) per ## month extension option, for a total Agreement amount of $ . Continuation of the Agreement beyond the initial ## months is specifically contingent upon the availability and allocation of funding, and authorization by City Council.

  • Settlement Amount If the Non-Defaulting Party has declared an Early Termination Date pursuant to Section 7.2(b), the Non-Defaulting Party shall have the right to (i) accelerate all amounts owing between the Defaulting Party and the Non-Defaulting Party and to liquidate and terminate the undertakings set forth in this Agreement as between the Defaulting Party and the Non-Defaulting Party; and (ii) withhold any payments due to the Defaulting Party under this Agreement pending payment of the Termination Payment. The Non-Defaulting Party will calculate, in a commercially reasonable manner, the Settlement Amount with respect to the Defaulting Party’s obligations under the Agreement and shall net the Settlement Amount in the manner provided for in Section 7.3(c).

  • Arm’s Length Transaction The Bank acknowledges and agrees that the Underwriters are acting solely in the capacity of an arm’s length contractual counterparty to the Bank with respect to the offering of Notes contemplated hereby (including in connection with determining the terms of the offering) and not as a financial advisor or a fiduciary to, or an agent of, the Bank or any other person. Additionally, neither the Representative nor any other Underwriter is advising the Bank or any other person as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction. The Bank shall consult with its own advisors concerning such matters and shall be responsible for making their own independent investigation and appraisal of the transactions contemplated hereby, and the Underwriters shall have no responsibility or liability to the Bank with respect thereto. Any review by the Underwriters of the Bank, the transactions contemplated hereby or other matters relating to such transactions will be performed solely for the benefit of the Underwriters and shall not be on behalf of the Bank.

  • Failed or Returned Transactions In using the Service, you are requesting the Service to make payments for you from your Payment Account. If we are unable to complete the transaction for any reason associated with your Payment Account (for example, there are insufficient funds in your Payment Account to cover the transaction), the transaction will not be completed. In some instances, you will receive a return notice from the Service. In such case, you agree that:

  • Gross Settlement Amount Except as otherwise provided by Paragraph 9 below, Defendant promises to pay $510,000.00 and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 4.3 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendant.

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