Examples of Property Management Services in a sentence
Pursuant to the Existing Framework Agreement, the Yuehai Property Management Group would provide Property Management Services to the Group for the period from 10 May 2021 to 9 May 2024 (both days inclusive).
As such, considering the Group’s future need for property management services, on 30 January 2024, the Company and Yuehai Property Management entered into the New Framework Agreement in relation to the provision of the Property Management Services by the Yuehai Property Management Group to the Group for the period from 30 January 2024 to 31 December 2026 (both days inclusive).
The New Framework Agreement sets out the principles for regulating the individual transactions in relation to the provision of the Property Management Services from the Yuehai Property Management Group to the Group so as to ensure the fairness and reasonableness of such transactions.
As such, the New Caps under the New Framework Agreement for the year ending 31 December 2024, 2025 and 2026 have considered the transaction amounts under the Existing Property Management Services Agreements and the Previous CCT Agreements, and shall apply to the whole of the three years ending 31 December 2024, 2025 and 2026, respectively.
For the avoidance of doubt, the New Caps under the New Framework Agreement for the year ending 31 December 2024, 2025 and 2026 have considered the transaction amounts under the Existing Property Management Services Agreements and the Previous CCT Agreements, and shall apply to the whole of the three years ending 31 December 2024, 2025 and 2026, respectively.