Existing Annual Caps definition

Existing Annual Caps means the annual caps for the Exclusive Operation of Passenger

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Existing Annual Caps means, as the case may be, (i) the annual cap for the year ended 31

Existing Annual Caps the anticipated maximum annual value of the transactions contemplated under, as the case may be, (i) Master Services Agreement for the years ended 31 December 2022 and 2023 and the year ending 31 December 2024 as stated in the 18 January 2022 Announcement, the 29 June 2023 Announcement and the 11 July 2023 Announcement and (ii) Brand License Agreement for the years ended 31 December 2022, 2023 and the year ending 31 December 2024 as stated in the 18 January 2022 Announcement “Greater China” the geographic region comprising the PRC, Hong Kong, Macau and Taiwan

Examples of Existing Annual Caps in a sentence

Furthermore, as at the date of this announcement, the aggregate transaction amounts of the Transactions under the 2024-2026 Mutual Supply Agreement for the year ending 31 December 2025 did not exceed the relevant Existing Annual Caps as set out in the Announcement.
Pursuant to Rule 14A.54(2) of the Listing Rules, if the Company proposes to revise the Existing Annual Caps, the Company will have to re-comply with the relevant announcement and Independent Shareholders’ requirements under Chapter 14A of the Listing Rules.
Assuming that both the demand for the Group’s air freight forwarding services and the air freight forwarding rates shall increase by 10% in November, the service fees payable by the EV Cargo Group would exceed the Existing Annual Caps by end of November.
Accordingly, the Existing Annual Caps in respect of the bill discounting services shall be revised and bill acceptance services and guarantee services shall be included under the Supplemental Agreement in order to sustain the continuing development of the Company, future expansion of business by the Company and to meet the anticipated demand and operating requirements of the Company.
On 20 October 2016, the Board approved the board resolution to enter into the Supplemental Agreement to revise the Existing Annual Caps to the Revised Annual Caps and to revise the extent of the existing financial services to include bill acceptance services and guarantee services and other terms provided therein.

More Definitions of Existing Annual Caps

Existing Annual Caps the annual caps of the transaction amounts of the Chips Purchase Transactions under the Existing Framework Agreement;

Existing Annual Caps the original annual caps in respect of the aggregate amounts payable by SAIL to the Group under the Master Services Agreement for the four financial years ended 31 March 2024, 2025, 2026 and 2027 as set out in the 2023 Supplemental Announcement “Existing Services” the Aircraft Sourcing Services, the Aircraft Lease Management and Technical Services, the Aircraft Remarketing Services, the Aircraft Repossession and Non-Scheduled Events Services and the Aircraft Deal Advisory Services, collectively “Group” the Company and its subsidiaries

Existing Annual Caps the original annual caps for the continuing connected transactions under the 2019 Financing Services Agreements for the three years ending 31 December 2021 “GEM” GEM operated by the Stock Exchange

Existing Annual Caps means the maximum cumulative annual amount connected with

Existing Annual Caps the maximum amounts of daily outstanding deposits balance placed by the Group with BE Group Finance (including the corresponding interest accrued thereon) on any given day during the term of the 2023 Deposit Agreement;

Existing Annual Caps the existing annual caps for the transactions contemplated under the Existing CE Framework Agreements and the ARI Shareholders’ Loan and Guarantee Agreement

Existing Annual Caps the existing annual caps for the transactions contemplated under the Existing Framework Agreements “Existing Framework Agreements” collectively, the Amended and Restated Assignment of Finance Lease Receivables Framework Agreement, the Deposit Services Framework Agreement and the Loan Services Framework Agreement “First Supplemental Assignment of Finance Lease Receivables Framework Agreement” the agreement entered into between the Company and CE Group on 8 April 2016 to amend certain terms of the Amended and Restated Assignment of Finance Lease Receivables Framework Agreement