Examples of Relevant Property in a sentence
SFH will give written notice to the REIT Manager (in its capacity as manager of SF REIT) and the Trustee (in its capacity as trustee of SF REIT) of any proposed disposal of a Relevant Property by SFH (or SFH Relevant Subsidiaries, as the case may be) pursuant to the ROFR (the “Sale Notice”).
For each of the three years ending 31 December 2024, the annual cap for the annual rentals receivable by our Group regarding the leasing of the Relevant Property under the Master Tenancy Agreement (Landlord) is less than HK$3 million and the highest applicable percentage ratio is less than 5%.
The Relevant Property has been used by the Xxxxxxxx XX Group for the operation of a convenience store.
In addition, although the time to receive the title deeds for the Relevant Property will be delayed by two years to December 2021, the time for the commencement for pre-sales will only be delayed by one year to December 2018.
Similar to the reasons and benefits of entering into the Existing Contract, the Contract will continue to generate income to the Group as the Group will continue to receive the Service Charges with a guaranteed rate of mark up for profit for the Services (other than the Relevant Property Management Services, the Ordinary Rental Services and the Other Ordinary Services) which is favourable to the Group.