Examples of Second Supplemental Lease Agreement in a sentence
If there shall be any conflict between the terms of this Second Supplemental Lease Agreement and the terms of the First Supplemented Lease Agreement (as in effect on the day prior to the effective date of this Second Supplemental Lease Agreement), the terms of this Second Supplemental Lease Agreement shall prevail.
This Second Supplemental Lease Agreement and all of the terms and provisions herein contained shall form part of the First Supplemented Lease Agreement as fully and with the same effect as if all such terms and provisions had been set forth in the First Supplemented Lease Agreement.
This Second Supplemental Lease Agreement shall become effective on October , 2020.
This Second Supplemental Lease Agreement may be executed in any number of counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.
Based on internal estimates and historical transaction amounts, the Board also proposed new annual caps for the continuing connected transactions contemplated under the United Power Second Supplemental Agreement, the United Power Second Supplemental Lease Agreement and the Longyuan Technology Fourth Supplemental Agreement, details of which are set out below.
The list below provides a high-level summary of progress in delivering the key proposals identified in the transport strategy.
The Directors (including the independent non-executive Directors) confirm that terms of the United Power Second Supplemental Lease Agreement (including the proposed annual caps for the transactions contemplated thereunder) are on normal commercial terms that are fair and reasonable, and the transactions contemplated thereunder were entered into in the ordinary and usual course of business of the Company and on normal commercial terms and are in the interest of the Company and its shareholders as a whole.
As the United Power Lease Agreement will expire on December 31, 2016, the Company and United Power entered into the United Power Second Supplemental Lease Agreement on February 4, 2016 to extend the current term of the United Power Lease Agreement to December 31, 2019.
The 1978 Lease Agreement, as amended by the First Supplemental Lease Agreement, was subsequently amended by a Second Supplemental Lease Agreement dated effective as of December 1, 1981, the Third Supplemental Lease Agreement dated effective as of January 1, 1985, and the Fourth Supplemental Lease Agreement dated December 20, 1988 (as amended, the “First Lease”).
Approve the Second Supplemental Lease Agreement with Butler County Area Vocational-/Technical School Authority.