Examples of Aircraft Purchase Agreement in a sentence
As the applicable percentage ratio of the Aircraft Purchase Agreement is above 5% but below 25%, the acquisition constitutes a discloseable transaction of the Company and is therefore subject to the reporting and announcement requirements but exempt from Shareholders’ approval requirements in Chapter 14 of the Listing Rules.
All principal terms and conditions of the 2014 Aircraft Purchase Agreement shall apply to the Aircraft Purchase Agreement, unless otherwise agreed by the parties.
The Directors are of the view that completion of the Aircraft Purchase Agreement is not only in line with the growth strategy of the Group, but also demonstrates the ability of the Group to source new aircraft to match customer demand under dynamic market conditions.
IMPLICATIONS OF THE LISTING RULES Since the 2014 Aircraft Purchase Agreement was executed more than 12 months before the Aircraft Purchase Agreement, no aggregation is required pursuant to Rule 14.22 of the Listing Rules.
The Directors consider that the terms of the Aircraft Purchase Agreement are fair and reasonable and in the interest of the Shareholders as a whole.