Annual Caps. The annual caps for the transactions under the New Processing Agreement for each of the three years ending 31 December 2016 are RMB50,000,000, RMB57,600,000 and RMB62,400,000. Such annual caps are determined based on (i) the historical transaction value of the dyeing and printing services purchased by Haosha Industry from Haosha Garments; (ii) the prevailing market price of similar processing services; and (iii) Haosha Industry’s production capacity and the expected sales increase in the coming three years.
Annual Caps the maximum aggregate annual value under the New Licence Agreement
Annual Caps annual caps in respect of the fees payable by Four Seas to HK Four Seas for the provision of the Services “associate” has the meaning ascribed to it in the Listing Rules
Examples of Annual Caps in a sentence
Accordingly, the Company and the Lessor have entered into the Master Lease Agreement to agree on the Annual Caps and set out a framework of the terms for the Leases to be made or renewed.
On 27 October 2014, the Company and the Lessor have entered into the Master Lease Agreement, pursuant to which, the Company and the Lessor agreed that any Group Company as lessee or licensee (as the case may be) may continue, amend or renew the Existing Leases or enter into new Leases with any Lessor Company as lessor or licensor (as the case may be) in respect of Lessor Properties from time to time during the Term subject to the Annual Caps.
More Definitions of Annual Caps
Annual Caps the annual cap amounts payable by the CTFJ Group to the Group in respect of the Transactions for each of the three financial years ending 30 June 2024, 2025 and 2026 “associate” has the meaning ascribed to it under the Listing Rules “Audit Committee” the audit committee of the Company
Annual Caps the annual cap amounts in respect of each of the Continuing Connected Transactions for the three financial years ending 30 June 2010, 2011 and 2012, the particulars of which are set out in the section titled “Annual Caps” in this announcement “associate” has the meaning ascribed to it in the Listing Rules
Annual Caps has the meaning ascribed to it in Clause 4.1; "BSC" has the meaning ascribed to it in Recital (A);
Annual Caps means the proposed annual caps for each of years ending 31 December 2011, 2012 and 2013 of the Master Sales Agreement and the Master Supplies Agreement respectively
Annual Caps means the proposed annual caps for deposit services provided by the Eastern Air Finance Entities to the Group pursuant to the Financial Services Renewal Agreement for each of the three years ending 31 December 2017, 2018 and 2019, respectively, which is subject to Independent Shareholders’ approval at the EGM;
Annual Caps the annual cap(s) for supply of steam by the Group to the Shandong Xiwang Sugar Group under the New Steam Supply Agreement for the period commencing on 1 January 2017 and ending on 31 December 2019 “associate(s)” has the meaning ascribed to it in the Listing Rules
Annual Caps the proposed annual maximum aggregate value for the sale of the Products by the Group to the Precious Dragon Group under the New Master Supply Agreement for three years from 1 January 2022 to 31 December 2024 (both days inclusive) “associates” has the meaning ascribed to it under the Listing Rules