THE CONSTRUCTION AGREEMENT Sample Clauses

THE CONSTRUCTION AGREEMENT. Upon the formation of the JV after the execution of the JV Agreement, the JV will be responsible for the demolition of the Buildings and relocation of the Land, as well as applying to Shenzhen government together with XX Xxxx for land modification of the Land pursuant to the Relocation Compensation Agreement. The land modification involves the de-registration of the title certificate of the Land and re-registration of the Land for general industrial and emerging industrial uses with the relevant authority of Shenzhen government. Once the Land has been upgraded for general industrial and emerging industrial uses, XX Xxxx will be granted part of the Land (i.e., the Snow Brewery Land) while the JV will be granted with another part of the Land (i.e., the JV Land). XX Xxxx will use the Snow Brewery Land as the headquarters, R&D centre, craft brewery and employees’ dormitories of XX Xxxx, as well as for the construction of the beer museum. XX Xxxx will appoint CR Land Shenzhen as the project manager on its behalf in relation to the construction and development of the Snow Brewery Land (excluding the craft brewery) pursuant to the Construction Agreement. The JV will use the JV Land as a complex consisting of offices, commercial properties, factories, recreational facilities, supermarkets, restaurants and bars etc., which will be subject to sale and leasing. LISTING RULES IMPLICATIONS By virtue of CRC being the controlling shareholder of both the Group and CR Land Group, CR Land Group is an associate of a connected person of the Group under the Listing Rules. Accordingly, the Agreements and the Transactions contemplated thereunder constitute connected transactions of the Group under Chapter 14A of the Listing Rules. As the applicable percentage ratios stipulated under Rule 14.07 of the Listing Rules in respect of the JV Agreement on a standalone basis is more than 5% but less than 25%, the transactions contemplated under the JV Agreement constitutes a discloseable and connected transaction, which is subject to annual reporting, announcement and the Independent Shareholdersapproval requirements under Chapter 14 and Chapter 14A of the Listing Rules. As the applicable percentage ratios stipulated under Rule 14.07 of the Listing Rules in respect of the Relocation Compensation Agreement on a standalone basis is more than 5% but less than 25%, the transactions contemplated under the Relocation Compensation Agreement constitutes a discloseable and connected transaction...
AutoNDA by SimpleDocs
THE CONSTRUCTION AGREEMENT. Date : 11 November 2004 Parties : Xxxxx Xxxxx Xxxx as main contractor Contents of the Project : construction of onshore crude oil storage tanks; multi- purpose office building; installation of fire prevention facilities; and reconstruction and expansion of oil transmission station to be carried out in Dayawan Development Zone, Huizhou Municipality, Guangzhou Province. Scope of the services to be : including: provided by Xxxxx Xxxx (i) managing, constructing, subcontracting, coordinating, supervising and testing the Project according to the technological standards lately promulgated by the State and Sinopec Group;
THE CONSTRUCTION AGREEMENT. The principal terms of the Construction Agreement are set out below: Date : 30 November 2023
THE CONSTRUCTION AGREEMENT. Reference is made to the Announcements. Unless otherwise stated, terms used in this announcement shall have the same meanings as those defined in the Announcements. On October 27, 2023, Jiaxing Branch entered into the Construction Agreement in addition to the Jiaxing Service Area Construction Agreement with Jiaogong Underground Construction to specify the rights and obligations in respect of construction of projects in certain parts of the north section of Jiaxing Service Area which is within a 30-meter range adjacent to the Shanghai-Kunming High-Speed Railway. Listing Rules Implications Pursuant to Rule 14A.81 and Rule 14A.82 of the Listing Rules, as the transaction contemplated under the Construction Agreement and transactions under the agreements set out in the Announcements were entered into or completed within a 12-month period with Jiaogong Underground Construction, a connected person of the Company, the transaction contemplated under the Construction Agreement and transactions under the agreements set out in the Announcements are required to be aggregated for the calculation of the relevant percentage ratios to determine the classification of the transaction contemplated under the Construction Agreement. As one or more of the applicable percentage ratios in respect of the transaction contemplated under the Construction Agreement, after aggregating with those transactions under the agreements set out in the Announcements, are more than 0.1% but less than 5%, the transaction contemplated under the Construction Agreement is subject to the reporting, announcement and annual review requirements but exempt from the independent Shareholdersapproval requirement under Chapter 14A of the Listing Rules.
THE CONSTRUCTION AGREEMENT. Reference is made to the Announcements. Unless the context otherwise requires, capitalized terms used herein shall have the same meanings as those defined in the Announcements. In addition to the Jiaxing Service Area Construction Agreement, on October 27, 2023, Jiaxing Branch entered into the Construction Agreement with Jiaogong Underground Construction to specify the rights and obligations in respect of construction of projects in certain parts of the north section of Jiaxing Service Area which is within a 30-meter range adjacent to the Shanghai-Kunming High-Speed Railway (the “Project in Proximity to Railway”). The material additions to the terms of the Jiaxing Service Area Construction Agreement as a result of the Construction Agreement are summarized below: Subject matter: Jiaogong Underground Construction will undertake the construction work of Project in Proximity to Railway including but not limited to the railway boundary wall and lightweight concrete projects for expansion of Jiaxing Service Area.
THE CONSTRUCTION AGREEMENT. The principal terms of the Construction Agreement are set out below: Date : 28 January 2022 (after trading hours) Parties : (i) Chengdu BOE (ii) the Contractor Construction Works : The Contractor is appointed as the contractor responsible for the construction of factory plant and ancillary facilities located at the Construction Area.
THE CONSTRUCTION AGREEMENT. On May 13, 2022, Jiaxing Branch entered into the Construction Agreement with Jiaogong Group and Jiaogong Underground Construction being a Consortium as the contractor, and Zhejiang Commercial as the contracting party, pursuant to which the Consortium agreed to undertake the construction work for the renovation of Jiaxing Service Area Plaza of Shanghai-Hangzhou Expressway. Principal terms of the Construction Agreement are summarized below: Date: May 13, 2022 Parties: (a) Jiaxing Branch (as the investor); (b) Jiaogong Group (as the contractor); (c) J ia og o ng U n de r gr ou n d C on st r uc ti o n ( as th e contractor); and (d) Zhejiang Commercial (as the contracting party) Subject Matter: The Consortium will undertake the construction work for the renovation of the Jiaxing Service Area Plaza of Shanghai-Hangzhou Expressway, including but not limited to road renovation and construction work relating to water supply and drainage pipelines (including outdoor water supply and drainage, fire-fighting pipelines, water supply and drainage structures, etc.), intelligentization (including outdoor integrated pipelines), bridges, electrical works and landscape.
AutoNDA by SimpleDocs
THE CONSTRUCTION AGREEMENT. On 1 June 2023 (after trading hours), Shanghai Shineroad, an indirect wholly-owned subsidiary of the Company, entered into the Construction Agreement with Shanghai Changyi in relation to the construction of the Factory Premises at an aggregate Consideration of RMB156.5 million. The principal terms of the Construction Agreement are set out below: Date: 1 June 2023 Parties: (a) Shanghai Shineroad; and
THE CONSTRUCTION AGREEMENT. Date 16 December 2013 Parties

Related to THE CONSTRUCTION AGREEMENT

  • Agreement Construction Headings or captions to the provisions of this Agreement are solely for the convenience of the parties, are not part of this Agreement, and shall not be used to interpret or determine the validity of this Agreement. Any ambiguity in this Agreement shall not be construed against the drafter, but rather the terms and provisions hereof shall be given their reasonable interpretation.

  • General construction 20.2.1. Binding Nature.............................................. 20.2.2. Entire Agreement............................................ 20.2.3. Governing Law............................................... 20.2.4. Indulgences Not Waivers..................................... 20.2.5. Titles Not to Affect Interpretation......................... 20.2.6.

  • FAIR CONSTRUCTION & INTERPRETATION The provisions of this Master Contract shall be construed as a whole according to their common meaning and not strictly for or against any party and consistent with the provisions contained herein in order to achieve the objectives and purposes of this Master Contract. Each party hereto and its counsel has reviewed and revised this Master Contract and agrees that the normal rules of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be construed in the interpretation of this Master Contract. Each term and provision of this Master Contract to be performed by either party shall be construed to be both a covenant and a condition.

  • Contract Construction 6.27.1 The parties acknowledge that each party and its counsel have reviewed this CONTRACT and that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this CONTRACT or any amendment or exhibits hereto.

  • Liberal Construction The Covenants hereof shall be liberally construed to promote and accomplish the objectives set forth in the Recitals.

  • Governing Law; Construction This Agreement and any claim, counterclaim or dispute of any kind or nature whatsoever arising out of or in any way relating to this Agreement (“Claim”), directly or indirectly, shall be governed by, and construed in accordance with, the laws of the State of New York. The section headings in this Agreement have been inserted as a matter of convenience of reference and are not a part of this Agreement.

  • DAF Construction The DAF shall be designed and constructed in accordance with Good Utility Practice. Within one hundred twenty (120) Calendar Days after the Commercial Operation Date, unless the Developer and Connecting Transmission Owner agree on another mutually acceptable deadline, the Developer shall deliver to the Connecting Transmission Owner and NYISO “as- built” drawings, information and documents for the DAF, such as: a one-line diagram, a site plan showing the Large Generating Facility and the DAF, plan and elevation drawings showing the layout of the DAF, a relay functional diagram, relaying AC and DC schematic wiring diagrams and relay settings for all facilities associated with the Developer’s step-up transformers, the facilities connecting the Large Generating Facility to the step-up transformers and the DAF, and the impedances (determined by factory tests) for the associated step-up transformers and the Large Generating Facility. The Developer shall provide to, and coordinate with, Connecting Transmission Owner and NYISO with respect to proposed specifications for the excitation system, automatic voltage regulator, Large Generating Facility control and protection settings, transformer tap settings, and communications, if applicable.

  • Special Construction If, after an order is placed, Xxxxxxx finds that third-party special construction services are needed to build, configure or install any additional facilities and/or equipment necessary for Verizon to provide Access service, Verizon will notify the Customer of any such special construction charges. If Customer does not accept the special construction charges, Customer may terminate the order(s) affected by the special construction charges, with no cancellation fee(s).

  • ICIF Construction The ICIF shall be designed and constructed in accordance with Good Utility Practice. Within one hundred twenty (120) Calendar Days after the Commercial Operation Date, unless the Parties agree on another mutually acceptable deadline, Interconnection Customer shall deliver to Transmission Provider and Transmission Owner “as-built” drawings, information and documents for the ICIF, such as: a one-line diagram, a site plan showing the Generating Facility and the ICIF, plan and elevation drawings showing the layout of the ICIF, a relay functional diagram, relaying AC and DC schematic wiring diagrams and relay settings for all facilities associated with the Interconnection Customer’s step-up transformers, the facilities connecting the Generating Facility to the step-up transformers and the ICIF, and the impedances (determined by factory tests) for the associated step-up transformers and the Generating Facility. Interconnection Customer shall provide Transmission Provider and Transmission Owner with Interconnection Customer’s specifications for the excitation system, automatic voltage regulator, Generating Facility control and protection settings, transformer tap settings, and communications, if applicable.

  • Legal Construction If one or more of the provisions contained in this Agreement shall for any reason be held invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions and this Agreement shall be construed as if it did not contain the invalid, illegal, or unenforceable provision.

Time is Money Join Law Insider Premium to draft better contracts faster.