Examples of Guarantee Fee Agreement in a sentence
As such, the Guarantee Agreement, the Equity Pledge Agreement, the Guarantee Fee Agreement and the transactions contemplated thereunder constitute connected transactions under Chapter 14A of the Listing Rules.
The provision of the Equity Pledge under the Equity Pledge Agreement and the payment of the Guarantee Fee under the Guarantee Fee Agreement comprising the Counter Guarantee constitute connected transactions in the form of financial assistance provided by the Company in favour of Yunnan Investment Group.
As stipulated in the Memorandum of the Guarantee Fee Agreement between Oji Holdings Corporation Company Limited with its subsidiary at the rate of 0.20% per annum of the outstanding loan balance at each quarter.
On the same day, in consideration for the Parent Guarantee, the Company and Yunnan Investment Group entered into the Guarantee Fee Agreement, pursuant to which the Company shall pay an annual guarantee fee calculated at 1.0% per annum based on the actual drawdown amount of the Loan under the Entrusted Loan Contract for the relevant year to Yunnan Investment Group as part of the Counter Guarantee.
The Guarantee Fee Agreement will be in substantially the form of Annexure O-2 “Guarantee Fee Agreement”.
As none of the Directors has any material interest in the Guarantee Agreement, the Equity Pledge Agreement, the Guarantee Fee Agreement and the transactions contemplated thereunder, no Director was required to abstain from voting on the relevant resolutions of the Board.
As stipulated in the Memorandum of the Guarantee Fee Agreement between Oji Holdings Corporation Limited and the Company and its subsidiary at the rate of0.20% per annum of the outstanding loan balance at each quarter.
In consideration of CKHH agreeing to enter into the Guarantee Amendment Deed, the Company entered into the confirmation to the CKHH Guarantee Fee Agreement (“Confirmation”) with CKHH on 17 December 2021 to confirm that the Company will continue to pay guarantee fee to CKHH under the CKHH Guarantee Fee Agreement for so long as any amount is outstanding under the Amended and Restated Facility Agreement.
However, the hardware related complaints for theequipment under warranty have to be forwarded to the OEM 1.7 Those PCs and Laptops, which are not under warranty, will be covered under comprehensive hardware contract by way of which the vendor to whom comprehensive AMC is awarded shall be required to replace all the defective parts of the equipment with genuine original spare parts.
Under the Listing Rules, the transactions contemplated under the Guarantee Agreement, the Equity Pledge Agreement and the Guarantee Fee Agreement constitute connected transactions of the Company, and the provision of the Parent Guarantee and the Counter Guarantee subject to the approval of the Independent Shareholders at the EGM.