Science City Group definition

Science City Group. Science City together with its subsidiaries but excluding the “Share(s)” ordinary share(s) of HK$0.10 each in the share capital of the Company “Shareholder(s)” holder(s) of the Shares
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Science City Group. Science City together with its subsidiaries but excluding the “Sellers” Guangzhou Yufa and Guangzhou Royal, each being a seller under the respective Furniture Sales Agreements and collectively the “Sellers”
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Science City Group. Science City together with its subsidiaries but excluding the Group
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Examples of Science City Group in a sentence

  • In any event, the terms on which the furniture products (together with installation and other ancillary services) sold by the Group to members of the Science City Group shall be no less favourable to the Group than those on which comparable products are sold by the Group to independent third parties or those prevailing in the market.

  • Despite these, the Group will continue to expand its business and develop new businesses models, including undertaking projects from the member companies of the Science City Group for bulk furniture sales.

  • The Group will at its best effort further negotiate with the Science City Group for more favourable terms in order to comply with the pricing principles of the Company as disclosed above.

  • We noted that the Product Sales is non-exclusive and is carried out in accordance with the terms and conditions as stipulated under the Product Sales Agreement where members of the Group can also sell furniture products (together with installation and other ancillary services) to third parties not being a member of the Science City Group and not a connected person of the Group as they think fit.

  • The quotations to be submitted are subject to the internal approval procedures and procurement policies and conditions of the Science City Group.

  • The prices of the products (together with ancillary services) to be sold by the Group to the Science City Group shall be determined by reference to (and in any event no less favourable to) the prices of relevant comparable products (together with ancillary services) of similar quality, type and quantity in the trading database of the Group from time to time and generally applicable to all independent third parties on arm’s length basis and normal commercial terms.

  • After tke end of tke embargo regime, tke estabIisked ckanneIs continued to operate under new conditions.

  • We noted that, under the Product Sales Agreement, the Science City Group shall purchase furniture products (together with installation and other ancillary services) on a non-exclusive basis.

  • A senior management personnel in the sales department of the Group will review the prices for Decoration Services offered by the Group to the Science City Group before the entering into of individual contracts pursuant to the Master Decoration Services Agreement.

  • Further to our review, we note that the aforesaid schedule has taken into account the pipeline of property development projects of the Science City Group, with details on the estimated gross floor area, project completion date, and indicative purchase volume for each of the property development projects.

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  • Group the Company and its subsidiaries

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