Examples of Assets Purchase Agreement in a sentence
Completion for the purchase of the said assets will take place upon the payment in respect of such assets by the Group to the BYD Group, subject to the condition that the representations and warranties set forth in the Assets Purchase Agreement in relation to due and proper working conditions of the relevant assets remain true and accurate at that time.
The Directors, including the independent non-executive Directors, believe that the Transactions have been entered into in the ordinary and usual course of the business of the Company on normal commercial terms and the terms of each of the Assets Sale Agreement and Assets Purchase Agreement are fair and reasonable and in the interests of the Company and the Shareholders as a whole.
Xx. XXXX Xxxxx-xx, being a non-executive Director of the Company, is also an executive director and chairman of the board of directors of BYD and is interested in approximately 18.96% of the total issued share capital of BYD as at the date of the Assets Sale Agreement and the Assets Purchase Agreement.
Delivery: Delivery shall take place within 30 days after (i) the execution of the Assets Purchase Agreement and (ii) the relevant approval (if required) has been obtained from the relevant PRC government authority, including the PRC customs authority (as the case may be).
For purposes of this Agreement, capitalized terms used in this Agreement have the meanings specified in the Assets Purchase Agreement, and the terms listed below have the following meanings.
Accordingly, the Land Acquisition Agreement, the Property Disposal Agreement, the Assets Purchase Agreement, the TX4 Agreement and the transactions contemplated thereunder (together, the Connected Transactions) constitute connected transactions of the Company pursuant to Rule 14A.13 of the Listing Rules.
Delivery: Delivery shall take place by the end of the calendar month immediately after (i) the execution of the Assets Purchase Agreement or (ii) the relevant approval (if required) has been obtained from the relevant PRC government authority, including the PRC customs authority (as the case may be).
Mr. XX Xxxx-xxxxx, who is a non-executive Director of the Company, is also the vice president and chief financial officer of BYD and is interested in approximately 0.16% of the total issued share capital of BYD as at the date of the Assets Sale Agreement and the Assets Purchase Agreement.
Pursuant to a business assets purchase agreement dated 31 March, 2000 (the ”Business Assets Purchase Agreement”), the TENANT acquired from the LANDLORD certain Business Assets (all capitalised terms used herein shall have the same meaning as defined in the Business Assets Purchase Agreement unless otherwise defined herein) located at the LANDLORD’s Production Site.
Delivery shall take place within 30 days after (i) the execution of the Assets Purchase Agreement and (ii) the relevant approval (if required) has been obtained from the relevant PRC government authority, including the PRC customs authority (as the case may be).