Examples of Land Use Rights in a sentence
The Project Company shall sign the State-owned Land Use Rights Grant Contract and pay the relevant fees as required by the government within 20 days from the date of expiry of the notice period of the grant under the state-owned land use rights agreement.
Pursuant to the Agreements, the Partner will be given priority in receiving a fixed profit after tax of RMB65 million (the “Fixed Profit After Tax”) from the Project Company, which shall be allocated by the Project Company to the Partner within 8 months from the date of signing the State-owned Construction Land Use Rights Grant Contract between the Project Company and relevant government departments.
GPTL Group is principally engaged in securities trading and investment and holding of the Land Use Rights.
Pursuant to State-owned Land Use Rights Grant Contracts dated 1 February 2018, land use rights in respect of 3 land parcels of a total site area of approximately 36,405 square metres situated at Meiyuan Road, Xin’an Community, Xxxxx’an Town in Dongguan, Guangdong province, the PRC (collectively, “Property”) are to be granted to Project Company for terms with expiry dates of 31 January 2088 for residential use and 31 January 2058 for commercial use (collectively “Land Use Rights”).
As the Agreement was entered into within 12 months of the signing of the Transfer Contract of State-owned Land Use Rights, which was entered into by China Triumph with Bengbu XXX (another subsidiary of Triumph Group), each of the Disposal and the Acquisition will be aggregated with the Past Transaction pursuant to Rule 14A.81 of the Listing Rules.