Examples of New Service Agreement in a sentence
These residual payment services do not include, in any case, payments resulting from the New Service Agreement.
A circular containing, among other things, (i) further details of the Supplemental Agreement to Service Agreement I and the New Service Agreement; (ii) a letter of recommendation from the Independent Board Committee; (iii) a letter of advice from Gram Capital to both the Independent Board Committee and the Independent Shareholders, together with the notice of the EGM will be dispatched to the Shareholders on or before 24 March 2020.
Huobi Global (Seychelles) and its associates who are Shareholders and all other Shareholders who have or regarded as having a material interest in the transactions contemplated under the Supplemental Agreement to Service Agreement I and the New Service Agreement are required to abstain from voting in respect of the proposed resolutions to approve the transactions and revised caps contemplated under the Supplemental Agreement to Service Agreement I and the New Service Agreement.
The internal accounting department of the Company is responsible for reviewing and assessing the internal control procedures of the Group, including but not limited to the relevant information in relation to the Supplemental Agreement to Service Agreement I and the New Service Agreement on an annual basis.
The New Service Agreement was entered into in the ordinary and usual course of business of the Company.
The particular type cloud-based software and database services provided by Win Techno to Huobi Global (Seychelles) under the New Service Agreement are customized services in relation to data storage and data centre maintenance services.
In respect of the service fees payable to Win Techno by Huobi Global (Seychelles) for the services provided under the New Service Agreement, such service fees will be charged on the basis of cost plus a fixed percentage of premium.
Provision of Cloud-based Software and Database Services Pursuant to the New Service Agreement, Win Techno shall continue to provide service on usage of cloud-based software and database services to Huobi Global (Seychelles).
However, the management of the Group will continue to monitor the rate of premium charged through the business department of the Company to ensure that the services fees charged under the New Service Agreement will not be less favourable for any identical or similar services provided by Win Techno to other Independent Third Parties.
The applicant must complete an application for a New Service Agreement.