Examples of Brand Licence in a sentence
The licence fee for each of the Brand Licence Agreements is a nominal one-off amount of HK$100.
The Brand Licence Agreements would therefore be fully exempt from the reporting, announcement and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.
The Brand Licence Agreements constitute a special deal in relation to the Partial Offer under Rule 25 of the Takeovers Code and requires the consent of the Executive.
An application has been made by the Company to the Executive for its consent to proceed with the Brand Licence Agreements.
As the licence fee is nominal, the aggregate amounts to be paid by the Company and KE Thailand (as the case may be) to the Licensor under the Brand Licence Agreements will not be, on an annual basis, more than the de minimis threshold of 0.1% during the term of the Brand Licence Agreements.