Nature of transaction definition

Nature of transaction. Provision of the finance lease arrangement (the “Finance Lease Arrangement”) on any of the Lease Assets by the Lessors to the Lessee pursuant to the Finance Lease Master Agreement, upon reasonable requests of the Lessee. The Lessors and the Lessee will enter into a separate finance lease agreement (the “Finance Lease Agreement”) in respect of the Finance Lease Arrangement required by the Lessee in such form and on such terms to be negotiated on an arm’s length basis and agreed between the relevant parties from time to time subject to the provisions of the Finance Lease Master Agreement.
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Nature of transaction. Pursuant to the 2021 Master Supply Agreement, Taobao China (through members of Alibaba Affiliates) agreed to and shall procure Alibaba Affiliates to, purchase from the Group, and the Group agreed to supply to Alibaba Affiliates, the Relevant Supply Products and/or Relevant Supply Services (together with any other services and/or products as may be agreed in writing by the parties from time to time). Each of the Company and Taobao China shall, and shall procure the relevant entities within the Group and Alibaba Affiliates (as appropriate) to, enter into relevant agreements (as applicable) setting out the terms and conditions of the sales of the Relevant Supply Products and/or the Relevant Supply Services. Prices and fees : The selling price for the Relevant Supply Products and/or the Relevant Supply Services (inclusive of any value-added tax, customs duties, other relevant taxes payable by the Group, packaging and delivery costs, etc. included) will be determined at the time of the particular sale based on arm’s length negotiations with reference to (i) the selling price charged for the same category of services and/or products offered to independent purchasers at the time of a particular transaction; (ii) the gross profit margin expected by the Group in respect of the Relevant Supply Products and/ or Relevant Supply Services of the same categories; and (iii) the price of products and services of the same categories as the Relevant Supply Products and/ or Relevant Supply Services generally offered on the market by independent third parties. Payment arrangements : Payment of the relevant consideration of the Relevant Supply Products and/or the Relevant Supply Services shall be settled by Alibaba Affiliates in cash fortnightly on the 5th day and the 20th day of each calendar month, or any other dates as agreed by parties. Relationship with the 2019 Master Supply Agreement : With effect from the Effective Date (2021 MSA), the Parties agreed that the Subsisting Supply Agreements that used to be governed by the 2019 Master Supply Agreement shall instead be governed by and subject to the 2021 Master Supply Agreement and the annual caps of the Subsisting Supply Agreements have been incorporated into the Master Supply Annual Caps.
Sample 1
Nature of transaction. The Company agrees to subscribe for and SNC OIA agrees to grant to the Group the membership of SNC OIA. Pursuant to the Membership Agreement and the membership with SNC OIA, the Group will be able to, through the electronic platform operated by SNC OIA, purchase, on a non-exclusive basis, various products, including food, hygiene and perfumery products offered by the Auchan Countries Entities on the electronic platform of SNC OIA. SNC OIA will be responsible for the management and operation of the electronic platform, including the design of interactive and intuitive search tool as well as menus. Also, SNC OIA will regularly update the platform with new products according to the feedback of its members. As a member of SNC OIA, the Group will also be able to instruct SNC OIA to purchase the products on its behalf (the “Ancillary Services”). Consideration and payment arrangement : The fees payable by the Group under the Membership Agreement consists of three parts, namely:
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Examples of Nature of transaction in a sentence

  • Nature of transaction i.e. details of goods or property to be acquired/ transferred or services to be rendered/ availed – including description of functions to be performed, risks to be assumed and assets to be employed under the proposed transactions; b.

  • In the drop-down menu Nature of transaction, select and highlight the appropriate code.

  • Details of material contracts or arrangements or transactions at arm’s length basis: a) Name of the related party and nature of relationship: Refer to Note 35 Related Party Disclosures to the Standalone Financial Statements b) Nature of transaction: Refer to Note 35 Related Party Disclosures to the Standalone Financial Statements c) Duration of transaction: The Transaction is entered into in the ordinary course of business.

  • TRANSACTIONS AND BALANCES WITH RELATED PARTIES Relationship with the Company Nature of transaction i.

  • The build-up of the Equity Shareholding of our Promoters since the incorporation of our Company is set forth in the table below: Date of Allotment Nature of transaction All the Equity Shares held by our Promoters were fully paid-up on the respective dates of allotment or acquisition, as applicable, of such Equity Shares.

  • Sunright provides management services to the KESMI Group and charges a fee based on a cost plus formula.RRPTs shall be reviewed and authorised by the following parties within the Company:- Nature of transaction Where any Director has an interest (direct or indirect) in any of the RRPTs, such Director shall abstain from deliberating and voting on all matters pertaining to the RRPTs at the relevant meetings of the Audit Committee and/or the Board, as the case may be.

  • Nature of transaction (whether loan/ guarantee/security/ acquisition)Figures in bracket indicates balance as on 31st March, 2017 On Behalf of the Board of Directors, Place : Mumbai A.

  • Sl.No. Date of the transaction Nature of transaction No. of EquitySharesFace Value (INR)^Received 20,000 equity shares (physical form) of face value of INR 5 each of the Company on July 09, 2007 by way of gift from Raamdeo Agarawal.

  • Nature of transaction (whether loan/ guarantee/security/ acquisition)Figures in bracket indicate balances as on 31st March, 2019 On Behalf of the Board of Directors, Place : Mumbai A.

  • Reason for decision: Cabinet approval needed to allocate funding.


More Definitions of Nature of transaction

Nature of transaction means whether the Transaction is nonfirm, as set forth in Section 2.2 of this Agreement, or firm, as set forth in Section 2.3 of this Agreement.
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Nature of transaction means whether the Transaction is non-firm, as set forth in Article 2.2 of this Agreement, or firm, as set forth in Article 2.3 of this Agreement.
Sample 1
Nature of transaction means the different features (purchase/sale, work under contract, etc.) which are deemed to be useful in distinguishing one transaction from another, in particular for the purposes of Balance of Payments and National Accounts.
Sample 1

Related to Nature of transaction

  • Date of Transfer means the date of registration of transfer of the Property into the name of the Purchaser in the Deeds Registry in Pietermaritzburg;

  • Notice of Transfer With regard to Distressed Mortgage Loans that will become Transferred Mortgage Loans, the notice given by the related Prior Servicer (if such Prior Servicer is Aurora) to the Master Servicer, the applicable Custodian, the Trustee and the Special Servicer or by the Master Servicer (if the related Prior Servicer(s) are not Aurora) to the Prior Servicer(s), the applicable Custodian, the Trustee and the Special Servicer, in each case substantially in the form of Exhibit A hereto.

  • Spin-Off Transaction means a distribution by the Company to its shareholders of all or any portion of the securities of any Subsidiary of the Company.

  • means of transport means rail transport, road freight transport, inland waterway transport, maritime transport, air transport, and intermodal transport;

  • Deed of Transfer means the notarial deed of transfer for the Shares, substantially in the form as attached hereto as Schedule 3;

  • Transaction Size means Lot Size multiplied by number of Lots.

  • Termination of Trading means that the Common Stock or other securities into which the Securities are convertible is neither listed for trading on a U.S. national securities exchange nor approved for trading on an established automated over-the-counter trading market in the United States.

  • Tool of Trade means:a Vehicle that has tools, implements, machinery or plant attached to or towed by the Vehicle and is being used by You at Your premises or on any Worksite. Tool of Trade does not include any Vehicle whilst travelling to or from a Worksite or Vehicles that are used to carry goods to or from any premises.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Minimum Transaction Size means the minimum value of subsequent subscriptions,

  • Regulations of the U.S. Department of Transportation means the regulations in 49 CFR Parts 100-189.

  • In the course of transportation means in the course of transportation within the United States, or in the course of transportation outside the United States and any other nation, including handling or temporary storage incidental

  • Transaction Parties As defined in Section 5.3(o).

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Transaction Person with respect to a Transaction shall mean (i) any Person who (x) is or will become an Acquiring Person or a Principal Party (as such term is hereinafter defined) if the Transaction were to be consummated and (y) directly or indirectly proposed or nominated a director of the Company which director is in office at the time of consideration of the Transaction, or (ii) an Affiliate or Associate of such a Person.

  • Acquisition Transaction Announcement means (i) the announcement of an Acquisition Transaction or an event that, if consummated, would result in an Acquisition Transaction, (ii) an announcement that Counterparty or any of its subsidiaries has entered into an agreement, a letter of intent or an understanding designed to result in an Acquisition Transaction, (iii) the announcement of the intention to solicit or enter into, or to explore strategic alternatives or other similar undertaking that may include, an Acquisition Transaction, (iv) any other announcement that in the reasonable judgment of the Calculation Agent may result in an Acquisition Transaction, or (v) any announcement of any change or amendment to any previous Acquisition Transaction Announcement (including any announcement of the abandonment of any such previously announced Acquisition Transaction, agreement, letter of intent, understanding or intention). For the avoidance of doubt, announcements as used in the definition of Acquisition Transaction Announcement refer to any public announcement whether made by the Issuer or a third party.

  • Transaction Confirmation means a document, similar to the form of Exhibit A, setting forth the terms of a transaction formed pursuant to Section 1 for a particular Delivery Period.

  • Purchase Transaction means a purchase of scrap metal, or the purchase of property described in section 10 if the knowing purchase or offer to purchase that property is not prohibited by that section, by a scrap metal dealer. The term does not include any of the following:

  • Transaction means the transactions contemplated by this Agreement.

  • Nonissuer transaction or "nonissuer distribution" means a transaction or distribution not directly or indirectly for the benefit of the issuer.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Debt Purchase Transaction means, in relation to a person, a transaction where such person:

  • Transaction-Specific Hedge means any Transaction that is an interest rate cap, interest rate floor or interest rate swaption, or an interest rate swap if (x) the notional amount of the interest rate swap is “balance guaranteed” or (y) the notional amount of the interest rate swap for any Calculation Period otherwise is not a specific dollar amount that is fixed at the inception of the Transaction.

  • Merger Transactions means the Merger and the other transactions relating thereto or contemplated by the Merger Agreement.