Procurement Agreements definition
Examples of Procurement Agreements in a sentence
Agreements and Procurement Agreements, no agreement will be made by the Managing Broker-Dealer with any person permitting the resale, repurchase or distribution of any Bonds purchased by such person.
Procurement Agreements will be periodically reviewed to insure compliance with these principles.
As the highest applicable percentage ratio (as defined in the Listing Rules) exceeds 0.1% but is less than 5% on an aggregated basis, the transactions contemplated under the Procurement Agreements are subject to the reporting, announcement and annual review requirements, but are exempt from the circular (including independent financial advice) and the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.
All applicable percentage ratios set out in Rule 14.07 of the Listing Rules in respect of (i) the annual cap under the Procurement Framework Agreement and (ii) the total consideration under the Procurement Agreements, when aggregated, are less than 5%.
Sellers shall cause SS/L to amend the Purchased Satellite Procurement Agreements as provided in the SS/L Agreement.
This Agreement and all conditions and provisions hereof are intended to be for the sole and exclusive benefit of the Agents, the Forward Purchasers and the Company and their respective successors, and said affiliates, selling agents, controlling persons and officers and directors and their heirs and legal representatives, and for the benefit of no other person, firm or corporation.
Accordingly, Sun Technology is an associate of Hydropower Group and therefore a connected person of the Company under Rule 14A.07 of the Listing Rules and the transactions contemplated under the Equipment Procurement Agreements constitute connected transactions of the Company pursuant to Chapter 14A of the Listing Rules.
Accordingly, the transactions contemplated under the Procurement Agreements constitute continuing connected transactions of the Company pursuant to Chapter 14A of the Listing Rules.
Since all applicable percentage ratios in respect of the September Equipment Purchase Arrangement and the Equipment Procurement Agreement in aggregate exceed 0.1% but less than 5%, the entering into of the Equipment Procurement Agreements is subject to the reporting and announcements requirements but is exempt from the circular and Shareholders’ approval requirements pursuant to Rule 14A.76(2) of the Listing Rules.
Accordingly, Sun Technology is an associate of Hydropower Group and therefore a connected person of the Company under Rule 14A.07 and the transactions contemplated under the Equipment Procurement Agreements constitute connected transactions of the Company pursuant to Chapter 14A of the Listing Rules.