Examples of Acquisition Agreement in a sentence
The Master Agreement, this Agreement, the Founder’s Rights Agreement, the Addenda, the Program Acquisition Agreement, the Construction Agreement, and the Multiparty Agreement, constitute the entire agreement between, and the reasonable expectations of, the parties pertaining to the subject matter hereof and thereof.
Owner agrees to cause an Owner Party to acquire each Property pursuant to the terms and conditions of the applicable Program Acquisition Agreement.
On 11 December 2024, the Purchaser and the Vendor entered into a supplemental agreement (the “Supplemental Agreement”) to amend and/or supplement the relevant terms of the Acquisition Agreement.
The principal terms of the Supplemental Agreement are as follows: Date: 11 December 2024 Parties: (i) Vendor: Zhejiang Taiguang Construction Technology Co., Ltd.*（浙江台廣建築科技有限公司） (ii) Purchaser: Trendzon Industrial Limited（卓航產業有限公司） Pursuant to the Acquisition Agreement, 30% of the Consideration, being the third tranche of the Consideration is payable on or before 30 August 2025 upon Completion and shall be determined in accordance with the applicable formulae.
In view of the actual performance of Zhejiang Taiding in FY2023 as aforementioned and the overall cost and benefit for performing audit on its financial statements, the Board considers that the amendments on the relevant terms of the Acquisition Agreement as supplemented by the Supplemental Agreement are fair and reasonable and in the best interest of the Company.