Xxxxxxxx Technology Master Agreement Sample Clauses

Xxxxxxxx Technology Master Agreement. As of the date of this announcement, the Company directly holds approximately 23.25% of the issued share capital of Longyuan Technology. The Company is the substantial shareholder of Longyuan Technology. Hero Asia (BVI) Company Limited, a wholly-owned subsidiary of Longyuan Power, owns approximately 18.75% of equity interests in Longyuan Technology. Given that Longyuan Power is a subsidiary of CHN Energy, Longyuan Technology is the Company’s connected person. Therefore, the transactions between the Group and Longyuan Technology constitute connected transactions of the Company under the Listing Rules. As one or more of the applicable percentage ratios are more than 0.1% but all are less than 5.0%, the proposed annual caps for the transactions in relation to the provision of goods and services by the Group to Longyuan Technology and its subsidiaries under Longyuan Technology Master Agreement are subject to the reporting and announcement requirements but exempt from the Independent Shareholders’ approval requirement as set out in Chapter 14A of the Listing Rules. As one or more of the applicable percentage ratios for the proposed annual caps in respect of the transactions in relation to the provision of goods and services by Longyuan Technology and its subsidiaries to the Group under Longyuan Technology Master Agreement exceed 5%, the proposed annual caps are subject to the reporting, announcement and Independent Shareholders’ approval requirements under Chapter 14A of the Listing Rules. An Extraordinary General Meeting will be held to seek the approval from the Independent Shareholders on entering into Longyuan Technology Master Agreement and the proposed annual caps for the transactions thereunder in relation to the provision of goods and services by Longyuan Technology and its subsidiaries to the Group. CHN Energy and its associates (including GD Power) will abstain from voting at the Extraordinary General Meeting on resolutions to approve Longyuan Technology Master Agreement and certain proposed annual caps for the transactions thereunder. An Independent Board Committee comprising all the independent non- executive Directors will be established by the Company to advise the Independent Shareholders with regard to the fairness and reasonableness of entering into Longyuan Technology Master Agreement and certain proposed annual caps for the transactions thereunder, taking into account the recommendations of an independent financial adviser. Gram Capital has b...
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Related to Xxxxxxxx Technology Master Agreement

  • License Agreement The Trust shall have the non-exclusive right to use the name "Invesco" to designate any current or future series of shares only so long as Invesco Advisers, Inc. serves as investment manager or adviser to the Trust with respect to such series of shares.

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  • End User License Agreement This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License. xxxx://xxxxxxxxxxxxxxx.xxx/licenses/by-nc-nd/3.0/ You are free to: Share: to copy, distribute and transmit the work Under the following conditions: Attribution: You must attribute the work in the manner specified by the author (but not in any way that suggests that they endorse you or your use of the work).

  • Research, Science and Technology Cooperation 1. The aims of cooperation in research, science and technology, carried out in the mutual interest of the Parties and in compliance with their policies, will be: (a) to build on existing agreements already in place for cooperation on research, science and technology; (b) to encourage, where appropriate, government agencies, research institutions, universities, private companies and other research organizations in the Parties to conclude direct arrangements in support of cooperative activities, programs or projects within the framework of this Agreement, specially related to trade and commerce; and (c) to focus cooperative activities towards sectors where mutual and complementary interests exist, with special emphasis on information and communication technologies and software development to facilitate trade between the Parties. 2. The Parties will encourage and facilitate, as appropriate, the following activities including, but not limited to:

  • SOFTWARE LICENSE GRANT Where Product is acquired on a licensed basis the following shall constitute the license grant:

  • SOFTWARE LICENSE GRANT Where Product is acquired on a licensed basis the following shall constitute the license grant:

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