Examples of Retained Properties in a sentence
In any sale, disposal, liquidation, transfer or dealing pursuant to this Clause or the Agreement, if less than all the Retained Properties are to be sold, disposed of, liquidated or transferred, the Bank shall in its absolute discretion select which part of the Retained Properties are to be sold, disposed of, liquidated, transferred or dealt with at any time and from time to time.
In any sale, disposal, liquidation, transfer, trading or dealing pursuant to this Clause or the Agreement, if less than all the Retained Properties are to be sold, disposed of, liquidated or transferred, BS Securities shall in its absolute discretion select which part of the Retained Properties are to be sold, disposed of, liquidated, transferred, traded or dealt with at any time and from time to time.
The carrying value of the Retained Properties as at 29 February 2012 is approximately HK$62.76 million, which will be accounted for as investment properties in the Company’s accounts upon completion of the transfer.
Without limiting the generality of the foregoing, BS Securities is hereby specifically authorized to dispose of, liquidate, transfer, trade and/or deal with the Securities Account and all Securities comprised in the Retained Properties or held in the Securities Account without notice to the Client.
In light of the positive outlooks of the property market in Hong Kong, the Board considers it appropriate to keep the Retained Properties to generate a stable rental income.