Examples of Alipay Group in a sentence
The category of “Technical Services” is primarily governed by the Master Technical Services Agreement (details of which are set out in section I(2) of this announcement), which sets out the principal framework upon which the Group may purchase the Relevant Technical Services from the Taobao China Group and the Alipay Group.
The Alipay Caps include potential income generated from online activities and services on the Alipay Lottery Channel, calculated with reference to the traffic volume of and the income generated from comparable online platform(s) of the Alipay Group, and having considered that the business cooperation on the Alipay Lottery Channel will still be at a start-up stage and the potential income will be affected by the actual implementation of the cooperation model and the market conditions and reactions thereof.
The purchase price for the Relevant Technical Services may be in the form of software service charges, information service fees, delivery charges, rent, deposits, transaction processing charges and any other forms as agreed between (i) the Group and (ii) the Taobao China Group and/or the Alipay Group (as the case may be) in writing from time to time.
The Parties acknowledge and agree that (a) Alipay IT Company (Z53) and its Subsidiaries have fulfilled all of its and their obligations to perform Software Technology Services pursuant to the 2014 IPLA and (b) following the Amendment Date, neither Alipay IT Company (Z53) nor any of its Subsidiaries shall have any obligation to perform (or to continue to perform) any Software Technology Services or other services for the Alipay Group except as may be otherwise agreed to in writing by the Parties.
The Group will solicit at least two other quotations from unrelated third parties for the purchase of the Relevant Technical Services to determine if the purchase price quoted by the Taobao China Group and/or the Alipay Group (as the case may be) is fair and reasonable and comparable to those offered by unrelated third parties.
There are in total 9 Subsisting Technical Services Agreements, which cover purchases of three broad categories of technical services by members of the Group from certain members of the Taobao China Group and/or certain members of the Alipay Group (as the case may be), namely (i) payment services, (ii) services relating to online store operation and (iii) server hosting services.