Examples of Cooperation Agreement in a sentence
The transactions contemplated under the Cooperation Agreement and the Equity Transfer Agreement provide the Company with an opportunity to acquire phase one of the Project, which is located in An’hui Province of the PRC, a location considered by the Company to be favourable for the development of its photovoltaic business.
On 26 September 2016, the Subsidiary, the Owner, the Phase One Project Company and the Phase Two Project Company entered into the Cooperation Agreement pursuant to which, among other things, the parties agreed to collaborate in relation to phase one of the Project.
In view of the above, the Directors are of the view that the terms of the Cooperation Agreement, the Debt Settlement Agreement, the Equity Transfer Agreement and the Equity Transfer are fair and reasonable and in the interests of the Company and the Shareholders as a whole.
The Framework Agreement shall take effect from the date of signing of the Framework Agreement and shall terminate and be of no legal force and effect (whichever is earlier) (i) on the date of the Formal Cooperation Agreement; or (ii) after the expiry of two years from the date of the Framework Agreement or such later date as the Parties may agree to renew the Framework Agreement; or (iii) on the intended date of termination of the Framework Agreement upon any Party serving three months’ written notice.
The terms of the Cooperation Agreement, the Equity Transfer Agreement and the Debt Settlement Agreement were determined after arm’s length negotiations between the parties thereto.