Examples of Coal Contracts in a sentence
A circular containing further information of the Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts and the continuing connected transactions thereunder, a letter from the Independent Board Committee and an advice letter from the independent financial adviser will be despatched to the Shareholders in accordance with the Listing Rules on or before 10 May 2012.
The Company will convene a general meeting of the Shareholders in a timely manner and will submit the relevant resolutions relating to the Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts and the continuing connected transactions (including the proposed caps on the transactions) contemplated thereunder for independent Shareholders’ approval.
An Independent Board Committee of the Company will be formed to advise the independent Shareholders on the terms of the transactions (including the proposed caps on the transactions) under the Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts.
An independent financial adviser will be appointed to advise the Independent Board Committee and the independent Shareholders on the terms of the transactions (including the proposed caps on the transactions) under the Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts.
Therefore, CDC and its associates should abstain from voting on the consideration and approval of the Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts at the general meeting of the Company.
The Directors (excluding the independent non-executive Directors whose views will be set out in the circular after considering the advice from the independent financial adviser) are of the view that the relevant terms of the Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts are fair and reasonable and are in the interests of the Company and the Shareholders as a whole.
Any Shareholders and their associates who have a material interest in Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts, will abstain from voting at the general meeting of the Company to be held for (including but not limited to) the consideration and approval of the Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts.
Upon completion of the relevant procedures for changing the business and commercial registration of Beijing Datang Fuel Co. under the Capital Contribution Agreement, Beijing Datang Fuel Co. and Inner Mongolia Fuel Co. will become connected persons of the Company and the transactions contemplated under the Framework Agreement for the Purchase and Sale of Coal and the Inner Mongolia Purchase of Coal Contracts will become continuing connected transactions of the Company.
The parties may, from time to time during the term of the agreement, enter into specific purchase and sales contracts in respect of the supply of coal by Inner Mongolia Fuel Co. provided that such specific purchase and sales contracts shall be subject to the terms of the Inner Mongolia Purchase of Coal Contracts.
Upon the termination of this Agreement, CES shall promptly deliver to CTH all documents, files, and books and records received from CTH or generated by CES with respect to the Coal Contracts (collectively, the “Coal Contract Records”).