Master Procurement Agreement definition
Examples of Master Procurement Agreement in a sentence
Delivery of any such Additional Satellite shall occur no later than the dates specified in Article 4.2(iii) (Options and Additional Satellites) of the Master Procurement Agreement.
None of the provisions of this Contract shall be construed to mean that either Party is appointed or is in any way authorized to act as an agent of the other Party, except as provided for under the Master Procurement Agreement, and limited to the scope contemplated therein.
This option shall remain valid until the dates indicated on Exhibit B (Option Exercise Dates and Pricing) to the Master Procurement Agreement (the “Additional Satellite Exercise Period”), subject to extension as provided in the Master Procurement Agreement.
With the exception of the Master Procurement Agreement dated the date of this Contract, this Contract, including all its Exhibits, represents the entire understanding and agreement between the Parties hereto with respect to the subject matter hereof, and supersedes all prior negotiations and agreements with respect to the subject matter hereof, which cease to have any further force or effect.
The allocation of optional satellites between Customer and the Other Customer shall be determined as set forth in the Master Procurement Agreement.
As one or more of the applicable percentage ratios relating to the Annual Caps for the continuing connected transactions contemplated under the Master Procurement Agreement is more than 5%, the continuing connected transactions contemplated under the Master Procurement Agreement are subject to the reporting, announcement, annual review and independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.
Boeing hereby grants to Customer an option to purchase up to four additional satellite(s) (less the number of additional satellites purchased by the Other Customer), each substantially similar to the Satellite (each an “Additional Satellite”) in accordance with Article 4 of the Master Procurement Agreement.
Customer may also assign its rights to the F4 Satellite to be provided under this Contract in accordance with the terms of Article 2.3(b) of the Master Procurement Agreement.
As such, the transactions contemplated under the Master Procurement Agreement constitute continuing connected transactions of the Company for the purpose of Chapter 14A of the Listing Rules.
The price for any such Additional Satellite shall be determined in accordance with Exhibit B (Option Exercise Dates and Pricing) of the Master Procurement Agreement, which includes LOPS/MOPS on a dual manifest Falcon 9, training, Deliverable Data, other Deliverable Services, and one set each of DSS Software and SCIP Software.