Examples of Master IT Services Agreement in a sentence
In the event that the Company fails to make timely payments for the services rendered by the Consultant as per the terms of this Master IT Services Agreement, the Consultant shall be entitled to collect any outstanding amounts, including all fees, costs, and expenses incurred in the process of collection.
Therefore, the transactions contemplated under the 2021 Master IT Services Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules.
The term of the Master IT Services Agreement is three years from 1st January 2016 to 31st December 2018.
As the Proposed Annual Caps exceed HK$3,000,000 and the highest of the applicable percentage ratios in respect of the Proposed Annual Caps is more than 0.1% but less than 5%, the transactions contemplated under the 2021 Master IT Services Agreement and the Proposed Annual Caps are subject to the announcement, reporting and annual review requirements, but are exempt from the circular and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.
The 2021 Master IT Services Agreement As at the date of this announcement, Mr. Fong is the chairman, the non-executive Director and a controlling shareholder of the Company.
Title to a derivative work created pursuant to the Master IT Services Agreement shall be determined solely pursuant to the Master IT Services Agreement and shall not be deemed a derivative work under this Agreement.
The annual caps of the Master IT Services Agreement for the years ended 31st December 2016, 2017 and 2018 are HK$8,000,000, HK$8,000,000 and HK$8,000,000 respectively.
Sevenich to take staff’s recommendation of the Administration Committee to forward to Common Council the OnTech Systems Master IT Services Agreement.
As all the applicable percentage ratios for the New Master IT Services Agreement are more than 0.1% but less than 5%, the transactions under the New Master IT Services Agreement are therefore expected to continue to be subject to the reporting and announcement requirements as set out in Chapter 14A of the Listing Rules, but are exempt from the requirements of independent shareholders’ approval under the Listing Rules.
Except to the extent set forth in the Master IT Services Agreement (in which case the Master IT Services Agreement shall be determinative), if a Licensee Party (or its sublicensee hereunder) of a Patent invents an improvement thereon, whether patented, patent pending or maintained as a trade secret, then such Licensee Party or its sublicensee shall be the owner of such improvement (but not the owner of the underlying Patent).