Examples of Initial Supply Agreement in a sentence
Although the Interested Major Shareholders have disposed of all their Anzo Shares and the Initial Supply Agreement has been replaced and superseded by the Supply Agreement, the Interested Major Shareholders are still deemed interested in the Supply Agreement as the meaning of “major shareholder” pursuant to Paragraph 10.02(f) of the Listing Requirements includes any person who is or was a major shareholder within the preceding 6 months prior to the date of a transaction was agreed upon.
Development and Initial Supply Agreement dated November 19, 2003, between BioMarin Pharmaceutical Inc.
On 5 October 2020, Anzo Trading entered into the Supply Agreement with CSTME to replace and supersede the Initial Supply Agreement.
Portions of this document have been redacted pursuant to a Request for Confidential Treatment filed pursuant to the Freedom of Information Act.10.23 Development and Initial Supply Agreement dated November 19, 2003, between BioMarin Pharmaceutical Inc.
On 25 June 2020, our Company announced that our Group had entered into the Initial Supply Agreement with CSTME.
Nevertheless, PolyOne argues that even if the IAC Terms potentially control, those terms do not apply in this case because 2/Contrary to the Plaintiff’s contention, this interpretation does not render meaningless the entire Initial Supply Agreement.
Pursuant to Paragraph 10.02(g) of the Listing Requirements, the highest percentage ratio applicable to the Initial Supply Agreement is 908.22% based on the estimated total contract value of the Initial Supply Agreement of approximately RM1.30 billion compared against the audited consolidated NA of our Group for the FYE 31 July 2019 of RM143.14 million.
The Initial Supply Agreement was deemed as a related party transaction with the highest percentage ratio exceeding the threshold ( > 5%) set out in Paragraph 10.08(2) of the Listing Requirements, therefore Anzo is required to obtain its shareholders’ approval for the Initial Supply Agreement in general meeting.
Notwithstanding the foregoing, any recall, market suspension or market withdrawal that relates to the Manufacture and supply of a Compound or Licensed Product by VistaGen to EverInsight shall be governed by the terms and conditions of the Initial Supply Agreement.
The Court finds neither of these arguments persuasive.PolyOne’s best argument is that the Final Supply Agreement served as an umbrella contract for all the parties’ dealings except where another agreement existed and that the Initial Supply Agreement is such a pre-existing agreement, applying to the sale of a specific color concentrate.