Examples of Cooperation Agreement in a sentence
The Directors (including the independent non-executive Directors) are of the view that the terms of the Investment Cooperation Agreement are determined through arm’s length negotiation on normal commercial terms, and the transactions contemplated thereunder are fair and reasonable and are entered into in the ordinary and usual course of business of the Group, and in the interests of the Company and the Shareholders as a whole.
After the completion and acceptance filing of the Project and upon the allocation of houses to each of the Investors being determined among CNNC CNIH and the Investors in accordance with the Investment Cooperation Agreement, the Project Company will deliver such houses to the Investors or their designated entities in accordance with the determined delivery standards, respectively.
This Cooperation Agreement establishes the framework under which the Parties wish to promote and strengthen understanding of and cooperation in education, research and capacity building.
Therefore, the entering into of the Investment Cooperation Agreement and the transactions contemplated thereunder constitute a connected transaction of the Company under Chapter 14A of the Listing Rules.
Each of the Investors shall acquire the agreed size of the houses as stipulated under the Investment Cooperation Agreement by fulfilling its payment obligation, among which, the Company is expected to contribute a total investment of RMB90 million, and acquire 4,000 square meters of scientific research and office space and 1,000 square meters of ancillary residential space upon completion of the Project.