Examples of Current Partnership Agreement in a sentence
Partnership Agreement The current business relationship between DC Group and IIPC regarding the IBM Purchases Transactions was governed by the Current Partnership Agreement.
As contemplated under, and pursuant to, the Current Partnership Agreement, DC Group entered into an underlying framework agreement with IIPC in March 2005 setting out the annual sales target and the bonus programme for the year ended 31 December 2005.
The Current Partnership Agreement mainly governs the operational aspects of the IBM Purchases Transactions.
When the Group was in the course of preparing the interim report for the six months ended 30 September 2005 in or around October 2005, the Group first became aware of the underlying framework agreement (being part and parcel of the Current Partnership Agreement) which was due to expire on 31 December 2005.
It is contemplated under the Supplemental Master Purchases Agreement that the Current Partnership Agreement and the underlying framework agreements will continue to govern the operative aspects of the IBM Purchases Transactions and further contracts or agreements may be entered into from time to time for the purpose of implementing the transactions contemplated under, and pursuant to the terms of, the Supplemental Master Purchases Agreement.
Therefore, the IBM Purchases Transactions conducted between IIPC (which has since the Initial Closing become a subsidiary of the Company) and DC Group pursuant to the Current Partnership Agreement had since then become continuing connected transactions of the Group under Chapter 14A of the Listing Rules.
Immediately before and after the Initial Closing, the IBM Purchases Transactions were governed by the Current Partnership Agreement (entered into between IIPC and DC Group in February 2003) when IIPC (the vendor of the IBM Products) was then a subsidiary of IBM and was independent from the Group.
Midstream Holdings and MLP GP LP shall amend and restate the Current Partnership Agreement by executing the Partnership Agreement in substantially the form included in Appendix A to the Registration Statement, with such changes as Midstream Holdings and MLP GP LP may agree.
The Prior Partnership Agreement was in 2003 superseded by the Current Partnership Agreement (signed in February 2003) with a term of 24 months commencing from February 2003, which was subsequently automatically extended for another 24 months up to around February 2007.
If the shareholders’ approval of either DC or the Company is not obtained, it is the current intention of both DC and the Group to continue the Purchases Arrangements and the IBM Purchases Transactions pursuant to the Master Purchases Agreement and the Current Partnership Agreement respectively (both of which shall continue to be in full force and effect) subject to compliance with the Listing Rules.