Examples of Initial Property in a sentence
The Initial Property of the Company shall consist of cash, product inventory, dairy herd, livestock, greenhouses, machinery and milking equipment as shown on the balance sheet and equipment list attached to this Agreement as Exhibit B and Exhibit C, respectively and any assets, which from time to time may be transferred to or purchased by the Company.
According to the applicable PRC laws and regulations, the tender evaluation process and the composition of the tender evaluation committee must comply with the requirements set out in Temporary Measures on the Tendering and Bidding for Initial Property Management Services (《前期物業管理招標投標管理暫行辦法》) (Xxxx Xxx Xxxx (2003) No. 130) promulgated by the Ministry of Housing and Urban-Rural Development of PRC (中華人民共和國住房和城鄉建設部) on 26 June 2003.
Licensor anticipates acquiring the Initial Property and entering into the Subsequent Purchase Agreement in September 2023 and thereafter acquiring the Remaining Property in 2024.
Licensor also intends to enter into a separate purchase agreement (the “Subsequent Purchase Agreement”) to acquire the remaining twenty-one (21) unsold agricultural condominium units in the Project (the “Remaining Property” and together with the Initial Property, the “Property”).
Initial Property Insurance for Retrofit Projects – for all 2003 model year or newer vehicles in an amount of not less than the insurable value of Project Sponsor’s vehicles, covering all risks of loss, damage or destruction of such vehicles, engines or equipment.