Recreation Centre definition

Recreation Centre a recreation centre, namely 飄 渺 莊 (Piao Xxxx Xxxxxx) situate at 中國福建省福州市鼓樓區溫泉支路 60號 (No.60 Hot Spring Branch Road, Gulou District, Fuzhou City, Fujian Province, The PRC)
Sample 1
Recreation Centre a recreation centre, namely 飄渺莊 (Piao Xxxx Xxxxxx) situate at 中國福建省福州市鼓樓區溫泉支路00號 (Xx.00 Xxx Xxxxxx Xxxxxx Xxxx, Xxxxx Xxxxxxxx, Xxxxxx Xxxx, Xxxxxx Xxxxxxxx, The PRC)
Sample 1
Recreation Centre a recreation centre, namely 飄渺莊 (Piao Xxxx Xxxxxx) situate at 中國福建省福州市鼓樓區溫泉支路00號 (No. 00 Xxx Xxxxxx Xxxxxx Xxxx, Xxxxx Xxxxxxxx, Xxxxxx Xxxx, Xxxxxx Xxxxxxxx, xxx XXX) “Renewal Recreation Centre Agreement” the recreation centre service agreement entered into between Fuzhou 851 and TQ Digital on 25 April 2012, pursuant to which Fuzhou 851 agreed to provide the Services at the Recreation Centre to the Group and its staff (excluding 91 Group and its staff) for a period from 25 April 2012 to 24 April 2015 at an annual fee of RMB5,000,000 (equivalent to approximately HK$6,166,000) “NetDragon(BVI)” NetDragon Websoft Inc., a limited liability company incorporated in the British Virgin Islands, being a direct wholly-owned subsidiary of the Company “NetDragon (Fujian)” Fujian NetDragon Websoft Co., Ltd. (福建網龍計算機 網絡信息技術有限公司) formerly known as Fuzhou NetDragon Websoft Co., Ltd. ( 福州網龍計算機網絡信息技術有限公司), a company established in the PRC with limited liability and through the Structure Contracts, TQ Digital and TQ Online are able to control NetDragon (Fujian) and accordingly, regarded as a subsidiary of the Company “New Recreation Centre Agreement” “Recreation Centre Agreements” the recreation centre service agreement entered into between Fuzhou 851 and Fujian Bo Rui on 25 April 2012, pursuant to which Fuzhou 851 agreed to provide the Services at the Recreation Centre to 91 Group and its staff for a period from 25 April 2012 to 24 April 2015 at an annual fee of RMB1,500,000 (equivalent to approximately HK$1,850,000) the Renewal Recreation Centre Agreement and the New Recreation Centre Agreement “RMB” Reminbi, the lawful currency of the PRC
Sample 1

Examples of Recreation Centre in a sentence

  • Accordingly, Xx. Xxx Xxxxxx has abstained from voting on the Board resolution in relation to the transaction contemplated under the Renewal Recreation Centre Agreement.

  • For each of the three years ended 31 December 2012, 31 December 2013 and 31 December 2014, the total sum of service fee paid by the Group to Fuzhou 851 under the Existing Recreation Centre Agreement amounted to RMB6,341,000, RMB6,125,000 and RMB5,000,000 respectively (equivalent to approximately HK$8,020,000, HK$7,750,000 and HK$6,330,000).

  • Since the nature of the transaction contemplated under the Tenancy Agreement (being leasing of premises) is different from the transaction contemplated under the Renewal Recreation Centre Agreements (being provision of the Services), the transactions contemplated under the Tenancy Agreement and the Renewal Recreation Centre Agreement will not be aggregated and Rule 14A.81 of the Listing Rules will not apply.

  • Except for Xx. Xxx Xxxxxx, no Directors have a material interest in the transaction contemplated under the Renewal Recreation Centre Agreement.

  • Based on the provision of variety of recreational facilities with larger recreational area, the service fee charged by Fuzhou 851 under the Renewal Recreation Centre Agreement is fair and reasonable; and the terms of the Renewal Recreation Centre Agreement are on normal commercial terms after arm’s length negotiations.

  • Given that the transaction amounts under the Renewal Recreation Centre Agreements on annual basis fall within the threshold prescribed in Rule 14A.76(2) of the Listing Rules, the entering into the Renewal Recreation Centre Agreement is only subject to the reporting, announcement and annual review requirements under Chapter 14A of the Listing Rules and is exempt from the independent shareholders’ approval requirement.

  • The terms of the Renewal Recreation Centre Agreement were determined after arm’s length negotiations between the parties and with reference to (i) the service fee charged of comparable services; and (ii) the previous service fee paid by the Group under the Existing Recreation Centre Agreement.

  • Based on the above reasons, the Directors (including the independent non-executive Directors) consider that the Renewal Recreation Centre Agreement was entered into in the ordinary and usual course of business of the Group and on normal commercial terms (or terms no less favourable to the Group than terms available to independent third parties) and is fair and reasonable and in the interests of the Company and the Shareholders as a whole.

  • The transaction contemplated under the Renewal Recreation Centre Agreement constitutes continuing connected transaction on the part of the Company under Chapter 14A the Listing Rules.

  • The Aggregate Annual Cap for the Renewal Recreation Centre Agreement based on the total annual service fee payable under the Renewal Recreation Centre Agreement for each of the financial years ending 31 December 2015, 2016 and 2017 will not exceed RMB7,000,000 (equivalent to approximately HK$8,860,000).


More Definitions of Recreation Centre

Recreation Centre means the enclosed area of a building and grounds surrounding where recreation activities take place that is owned, controlled, or operated by the District;
Sample 1
Recreation Centre means the recreational area and facilities comprising approximately 10,350 square feet of Leasable Area and forming part of the Shopping Centre which the Landlord proposes to continue to lease as an independent facility for the use and enjoyment of the residents of certain nearby residential buildings known as Arbutus Village.
Sample 1
Recreation Centre means the recreational facility constructed on the common property;
Sample 1

Related to Recreation Centre

  • Reception center means a business that:

  • Convention center means a facility that is:

  • Data Centre or "DC" means the primary centre where data, software, computer systems and associated components, such as telecommunication and storage systems, redundant or backup power supplies, redundant data communications, environment controls and security devices are housed and operated from;

  • Recreation means an activity such as:

  • Recreational area means areas, excluding private single family residential areas, designated for active play, recreation or public assembly in parks, sports fields, picnic grounds, amphitheaters or golf course tees, fairways, roughs, surrounds and greens.

  • Center means the center for educational performance and information created in section 94a.

  • Recreational vehicle park means any tract of land used for parking five or more self-contained recreational vehicles and includes any roadway, building, structure, vehicle, or enclosure used or intended for use as part of the park facilities and any tract of land that is subdivided for lease or other contract of the individual lots for the express or implied purpose of placing self-contained recreational vehicles for recreation, vacation, or business purposes.

  • townsite in relation to the townsite to be established near the harbour means a townsite (whether or not constituted and defined under section 10 of the Land Act) primarily to facilitate the Company’s operations in and near the harbour and for employees of the Company and in relation to the mining areas means such a townsite or townsites or any other townsite or townsites which is or are established by the Company for the purposes of its operations and employees on or near the mining areas in lieu of a townsite constituted and defined under section 10 of the Land Act;

  • Recreational Services means (unless otherwise defined in this document) services that consist of participation in:

  • Tourism destination project means a qualified non-gaming business facility that will be among the most visited privately owned or operated tourism or recreation sites in the State, and which is located within the qualified incentive area and has been determined by the authority to be in an area appropriate for development and in need of economic development incentive assistance, including a non-gaming business within an established Tourism District with a significant impact on the economic viability of that District.

  • Sailboat means the same as that term is defined in Section 73-18-2.

  • Shopping Centre means a grouping of commercial retail outlets which have been designed, developed and managed as a unit by a single owner or group of owners or tenants located on the same lot or lots with a frontage not less than 45 metres and having common on-site parking;

  • Study Centre means a centre established and maintained or recognized by the University for the purpose of advising, counselling or for rendering any other assistance required by the students in the context of distance education;

  • Retail marijuana store means an entity licensed to purchase Retail Marijuana from a Retail Marijuana Cultivation Facility and to purchase Retail Marijuana Product from a Retail Marijuana Products Manufacturing Facility and to sell Retail Marijuana and Retail Marijuana Product to consumers.

  • Bouquet or “bouquet of channels” means an assortment of distinct channels offered together as a group or as a bundle and all its grammatical variations and cognate expressions shall be construed accordingly;

  • Village means a village specified by the Governor by public notification to be a village for the purposes of this Part and includes a group of villages so specified.

  • Airport lounge means a business location:

  • Airport means public-use airport open to the public without prior permission and without restrictions within the physical capacities of available facilities.