Examples of Transaction Framework Agreement in a sentence
Notwithstanding the foregoing, an Option shall be transferable to the Company or Baidu Holdings Limited to the extent required by the Transaction Framework Agreement dated as of June [24], 2011 among the Company, Baidu Holdings Limited and the other parties thereto.
The Connected Transaction Framework Agreement As each of the relevant applicable percentage ratios (other than the profits ratio) set out in Rule 14.07 of the Listing Rules in respect of the revised annual cap for the year ending 31 December 2009 for the transaction under the Continuing Connected Transactions Agreement is, on an annual basis, less than 2.5%, the transaction under such agreement is exempt from the independent shareholders’ approval requirements under Rule 14A.34 of the Listing Rules.
The warrants are exercisable at ZAR20.78 per share until September 2010 and Great Basin may require they be exercised under certain conditions.Both the Great Basin common shares and the warrants issued in connection with this transaction were valued by independent valuation specialists in order to determine the fair value for accounting purposes.On February 22, 2007, the date on which the Transaction Framework Agreement was announced, the value of the Great Basin shares was $38 million (R260 million).
In the event that this Agreement does not proceed to Closing as a result of any willful breach of this Agreement or the Transaction Framework Agreement by the Purchaser, the Purchaser shall bear all documented third party costs and expenses incurred by or on behalf of the Company in the preparation of the agreements(s) and all other documents up to a maximum aggregate amount of US$1,500,000.
Mineral property interests (continued) (b) Burnstone Property, Republic of South Africa (continued) (vi) Execution of the Transaction Framework Agreement (continued)The 19,938,650 common shares represented approximately 9.3% of the fully diluted issued share capital of the Company.
The Purchaser has, or will have as of the Closing, sufficient funds available to consummate the transactions completed by, and to perform its obligations to be performed as of the Closing, including payment of the Purchase Price and any Contribution Amounts due under this Agreement or the Transaction Framework Agreement.
To the Knowledge of the Company, no Equity Holder has (A) refused or indicated (orally or in writing) that it will refuse to sign the Transaction Framework Agreement, or (B) taken any action to dissent against or challenge any of the transactions contemplated by any of the Transaction Documents, or allege breach of fiduciary duty relating to any of the transactions contemplated by any of the Transaction Documents.
Upon approval of the Allocation Certificate by the Purchaser prior to the date of the Closing, the Allocation Certificate shall be deemed the definitive calculation of such all amounts payable by the Company to each of the Equity Holders pursuant to, and subject to the terms of, the Transaction Framework Agreement.
In the event that this Agreement does not proceed to Closing as a result of any willful breach of this Agreement or the Transaction Framework Agreement by any of the Company or the Key Shareholders, the Company shall bear all documented third party costs and expenses incurred by or on behalf of the Purchaser in the preparation of the agreements(s) and all other documents up to a maximum aggregate amount of US$1,500,000.
Based on the expected demand of our Group for the Hardware Procurement and Maintenance Services, our Directors estimate that the annual caps of fees to be generated for the Hardware Procurement and Maintenance Services under the Connected Transaction Framework Agreement for each of the three years ending 31 December 2021 will not exceed RMB3.0 million, RMB5.0 million and RMB6.0 million, respectively.