Annual Caps. The annual caps for the transactions under the New Procurement Agreement for each of the three years ending 31 December 2016 are RMB3,000,000, RMB3,800,000 and RMB4,500,000. Such annual caps are determined based on (i) the historical transaction value of the fabric products purchased by Haosha Industry from Haosha Garments; (ii) the prevailing market price of similar products; and (iii) the expected increase in demand for such products by Haosha Industry in the coming three years.
Annual Caps the maximum aggregate annual value under the New Licence Agreement
Annual Caps annual caps in respect of the fees payable by Four Seas to HK Four Seas for the provision of the Services “associate” has the meaning ascribed to it in the Listing Rules
Examples of Annual Caps in a sentence
Annual Caps Based on the current rentals payable under the Leases and taking into account possible fluctuations in exchange rates, the annual caps for the rental expenses in connection with the Leases for the three years ending December 31, 2012 have been set at RMB3.0 million, RMB3.5 million and RMB3.3 million, respectively.
More Definitions of Annual Caps
Annual Caps with respect to any New Master Services Agreement, the estimated maximum aggregate annual amounts in respect of the Services Transactions contemplated thereunder for each of the FY2024, FY2025 and FY2026 “associate” has the meaning ascribed to it under the Listing Rules
Annual Caps the annual cap amounts payable by the CTFJ Group to the Group, and vice versa, in respect of the Transactions for each of the three financial years ending 30 June 2020
Annual Caps the annual cap amounts in respect of each of the Continuing Connected Transactions for the three financial years ending 30 June 2010, 2011 and 2012, the particulars of which are set out in the section titled “Annual Caps” in this announcement “associate” has the meaning ascribed to it in the Listing Rules
Annual Caps has the meaning ascribed to it in Clause 4.1; "BSC" has the meaning ascribed to it in Recital (A);
Annual Caps means the proposed annual caps for each of years ending 31 December 2011, 2012 and 2013 of the Master Sales Agreement and the Master Supplies Agreement respectively
Annual Caps means the proposed annual caps for deposit services provided by the Eastern Air Finance Entities to the Group pursuant to the Financial Services Renewal Agreement for each of the three years ending 31 December 2017, 2018 and 2019, respectively, which is subject to Independent Shareholders’ approval at the EGM;
Annual Caps the annual cap(s) for supply of steam by the Group to the Shandong Xiwang Sugar Group under the New Steam Supply Agreement for the period commencing on 1 January 2017 and ending on 31 December 2019 “associate(s)” has the meaning ascribed to it in the Listing Rules