Entrustment Loan Services definition

Entrustment Loan Services the provision of entrustment loans among members of the Group through COFCO Finance, which will only act as agent of the Group, under the 2021 Financial Services Agreement “Existing Agreements” the 2018 Mutual Supply Agreement (together with the 2019 Supplemental Mutual Supply Agreement and the 2021 Supplemental Mutual Supply Agreement), the 2018 Beijing Property Leasing Contract, the 2018 Beijing Property Management Contract, the 2018 Administrative Services Agreement and the 2018 Financial Services Agreement (together with the 2021 Supplemental Financial Services Agreement)
Sample 1
Entrustment Loan Services the provision of entrustment loans among members of the Group through COFCO Finance, which will only act as an agent of the Group, under the 2024 Financial Services Agreement “Existing Agreements” the 2021 Mutual Supply Agreement, the 2021 Financial Services Agreement, the 2021 Property Leasing and Property Management Contract and the 2021 Administrative Services Agreement
Sample 1
Entrustment Loan Services. COFCO Finance serves as a financial agent for loans advanced from certain subsidiaries of the Company to Supply Chain (Tianjin) through entrustment loan arrangements under the 2021 Financial Services Agreement
Sample 1

Examples of Entrustment Loan Services in a sentence

  • COFCO Finance will not require the Group to provide any type of guarantees or securities with respect to the Entrustment Loan Services.

  • In order to ensure that the pricing terms of individual transactions contemplated under the Deposit Services, the Entrustment Loan Services and the Other Financial Services will be made in accordance with the pricing principles as stated above, the Group and COFCO Finance shall carry out the measures below: The Group has established an internal assessment mechanism on the COFCO Deposit Interest Rate and the COFCO Handling Fees based on fair market principle.

  • In order to ensure that the pricing terms of individual transactions under the Deposit Services, the Loan Services, the Entrustment Loan Services and the Other Financial Services will be made in accordance with the pricing principles as stated above, the Group and COFCO Finance shall carry out the measures below: With respect to the Group, an internal integrated assessment mechanism on the deposit and lending rates, handling fees and other services fees will be established based on fair market principle.

  • In determining the handling fees of Entrustment Loan Services and the handling fees and other services fees of Other Financial Services, the Company will seek the rates quotation from the Major PRC Commercial Banks in advance in comparison with the rates charged by COFCO Finance.

  • As each of the applicable percentage ratios in respect of the handling fees and other services fees in connection with the Entrustment Loan Services and the Other Financial Services is on an annual basis less than 0.1%, the Entrustment Loan Services and the Other Financial Services are exempt from the reporting, announcement, annual review and the Independent Shareholders’ approval requirements under the Listing Rules.

  • The handling fees to be charged by COFCO Finance in connection with the Entrustment Loan Services shall not be higher than those offered by other PRC financial institutions to the Group for similar type of services.

  • The Deposit Services that will be provided by COFCO Finance to the subsidiaries of the Company under the New Financial Services Agreement are primarily for the purpose of facilitating the Fund Transfer Services and the Entrustment Loan Services among the subsidiaries of the Company as provided under the New Financial Services Agreement.

  • CTS Finance will only act as an agent of PRC Subsidiaries and charge handling fees in connection with the Entrustment Loan Services.

  • CTS Finance will only act as an agent of the PRC Subsidiaries and charge handling fees in connection with the Entrustment Loan Services.

  • The handling fees to be charged by CTS Finance to PRC Subsidiaries in connection with the Entrustment Loan Services shall not be higher than 0.05% of the entrustment loan amount and the fees offered by at least two other PRC financial institutions to PRC Subsidiaries for providing services of similar nature.


More Definitions of Entrustment Loan Services

Entrustment Loan Services. COFCO Finance serves as a financial agent for loans advanced from certain subsidiaries of the Company to Supply Chain (Tianjin) through entrustment loan arrangements under the New Financial Services Agreement
Sample 1
Entrustment Loan Services the provision of entrustment loans through CTS Finance, which will only act as agent of PRC Subsidiaries, under the 2018 Financial Services Framework Agreement and the 2019 Financial Services Supplemental Agreement “First Shanghai” or “Independent Financial Adviser” First Shanghai Capital Limited, the independent financial adviser appointed to advise the Independent Board Committee and the Independent Shareholders in respect of the 2019 Financial Services Supplemental Agreement and the revision of the Deposit Caps of the continuing connected transactions under the 2018 Financial Services Framework Agreement
Sample 1

Related to Entrustment Loan Services

  • Beta Services means Xxxxxx services or functionality that may be made available to Customer to try at its option at no additional charge which is clearly designated as beta, pilot, limited release, developer preview, non-production, evaluation, or by a similar description.

  • Administration Services means the services required for the effective and efficient administration of Bonitas and includes, but are not necessarily limited to, member record management, contribution management, benefit option management, claims processing and management, management of members’ personal, claims and financial information and any other services that are required for the administration of Bonitas;

  • Corporate Services Agreement means the Corporate Services Agreement dated as of the date hereof between the Borrower and the Services Provider, as amended from time to time in accordance with the terms hereof and thereof.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • Master Services Agreement means the master services agreement among the Service Providers, the Partnership, BRELP, the Holding Entities and others;

  • Administrative Services Agreement has the meaning set forth in Section 2.1(d).

  • Extra Services means those services set forth in Schedule “B” that are requested by the Municipality for itself or on behalf of its citizens and provided by the Company in accordance with paragraph 7 of this Agreement;

  • Multiphase professional services contract means a contract for the providing of professional

  • Investment Services means the Investment Services under the Company’s CIF license which can be found in the document “Company Information”.

  • Education Services means training services performed or delivered by Company.

  • Residential services means a complete range of residences

  • Information Services means the Municipal Securities Rulemaking Board’s Electronic Municipal Market Access System; or, such other services providing information with respect to called municipal obligations as the District may specify in writing to the Paying Agent or as the Paying Agent may select.

  • Commercial Services means any waste management service, relating or connected to accumulating, collecting, managing, recycling, sorting, storing, treating, transporting, disposing, buying or selling of waste or any other manner of handling waste excluding services rendered by the municipality;