Basis of Pricing. The pricing of incentive rate work shall be based on wages that are in turn based on the job classification. Pricing provision
Basis of Pricing. The base interest rate = the arithmetic average of the overnight TAIBOR over the past three months + the margin determined, where “the arithmetic average of the overnight TAIBOR over the past three months” is based on the arithmetic average of the overnight TAIBOR published by “the Taipei Interbank Discount Center” and “the margin determined” will be the rate determined and subject to adjustment by the Bank in consideration of the funding cost, operational cost and interest risk. The Bank may in its sole discretion adjust the foresaid calculation to reflect the change of prevailing market environment.
Basis of Pricing. The terms of the Services (including the price) will be on normal commercial terms and will be determined between the Group and Duosiwei Companies on an arm’s length basis. Duosiwei Companies have covenanted that the terms of the Services to be provided by them to the Group will be no less favourable than those provided by them to their independent third parties. The exact pricing of each order shall be subject to the Group’s acceptance of the quotation of each order made by the relevant Duosiwei Companies. Historical figures The following is a summary of the historical figures for the provision of Services by Duosiwei Companies to the Group for each of the three years ended 31 December 2016 and the six months ended 30 June 2017: For the six months For the year ended 31 December ended 2014 (audited) 2015 (audited) 2016 (audited) 30 June 2017 (unaudited) HK$’000 HK$’000 HK$’000 HK$’000 20,255 15,523 16,622 7,029 Proposed annual cap amounts The Group estimates that the transactions contemplated under the Master Agreement would not exceed the following annual cap amounts for the three financial years ending 31 December 2020 respectively: For the year ending 31 December 2018 2019 2020 HK$ ’000 HK$ ’000 HK$ ’000 33,000 33,000 33,000 Existing annual cap amounts As set out in the Company’s announcement dated 22 December 2014, the existing annual cap amounts of the transactions under the Existing Master Agreement for each of the three years ending 31 December 2017 are as follows: Year ended 31 December Year ending 2015 2016 31 December 2017 HK$ ’000 HK$ ’000 HK$ ’000 33,000 33,000 33,000 As at the date of this announcement, the Group has not exceeded any of the above annual cap amounts. Basis for the annual cap amounts The Group will engage the Duosiwei Companies to provide the Services when new retail stores, concessionary counters or sales areas are being set up or when other ad hoc decoration work is required at retail stores, concessionary counters or sales areas, and new moulds are required for the production of brassieres and mannequins. The Group will also engage the Duosiwei Companies to provide the Services when the Group launches a new decoration theme for its retail stores, concessionary counters and sales areas. Generally, the Group’s retail stores, concessionary counters and sales areas launch a new decoration theme every two to three years. The annual cap amounts for the transactions contemplated under the Master Agreement for each of the three years...
Basis of Pricing. The basis for the Fees in this Schedule 3 include the following: Data Center • Pricing for hot site includes 300 MIPS, 1.2GB DASD, one hundred twenty (120) shared servers, one (1) email retention server, disaster recovery analyst travel and seventy-two (72) hours annual test time.
Basis of Pricing. The parties acknowledge and agree that the pricing set out in this Agreement is limited to the tests performed under the PRIME study protocol, and may not be used to set any future reimbursement amounts for the PreTRM® test. The parties further acknowledge and agree that the aggregate services hereunder do not exceed those that are reasonable and necessary for a legitimate business purpose, and that the compensation to be provided hereunder has not been determined in a manner that takes into account the volume or value of any referrals or other business generated between the parties.
Basis of Pricing. The selling price of LNG shall be agreed by both Xi’an Civigas Haihui and Xianyang Haihui in writing. Pursuant to the LNG Master Sales Agreement, the pricing for the sale and purchase of LNG is to be determined based on the following:
Basis of Pricing. The issue price of the Placement Shares shall be determined and fixed by the Board at a later date (“Price Fixing Date”), after the receipt of Bursa Securities’ approval for the Proposed Private Placement. The Placement Shares will not be priced at more than 10% discount to the 5-day volume weighted average market price (“5D-VWAP”) of Anzo Shares immediately before the Price Fixing Date. For illustrative purposes, the 5D-VWAP of the Anzo Shares up to and including the LPD is RM0.0932 per Anzo Share. Hence, for the purpose of this announcement, the indicative issue price of the Placement Share will be assumed at RM0.084 per Anzo Share, representing a discount of approximately RM0.0092 or 9.87% to the 5D-VWAP of Anzo Share up to and including the LPD.
Basis of Pricing. The prices of the products under the agreement will be determined by Market Price.
Basis of Pricing. The terms of the Transactions will be determined with reference to the prevailing market prices at the material time when the Purchase Transactions, Sales Transactions, Provisions, Labour Services or Entrusted Processing, Use of Trademarks Under Licence, Asset Leasing From GPHL or Asset Leasing to GPH are entered into between the Company and its subsidiaries (or GPHL and its subsidiaries) on the one hand and the Independent Third Parties on the other hand (“Similar Transactions”) and will be determined on normal commercial terms or not less favourable terms than those available to the Group from the Independent Third Parties (or to the Independent Third Parties). The prevailing market prices under the specific contracts regarding the various connected transactions described in section 3 of this announcement will be determined at the prices of the Similar Transactions conduct on arm’s length basis obtain by the Group from Independent Third Parties in China (or provide to the Independent Third Parties) and on normal commercial terms and in the ordinary course of business of the Group. In addition to the above basis of pricing stipulated under the New CCT Agreement, the Group will consider the following principles (“Pricing Principles”) in order of priority before determining whether to enter into the actual transactions under the New CCT Agreement:
Basis of Pricing. Prices of services provided by Xxxxx Construction and Installation shall be determined according to the market price. The “market price” shall be determined in the following order: (1) the prevailing price charged by the independent third parties in the ordinary course of business for the provision of the same type of services at the place where services are provided, or its nearby regions; or (2) the prevailing price charged by the independent third parties in the ordinary course of business for the provision of the same type of services in the PRC. Upon receipt of quotation of the services, the equipment department of the Company and its designated persons will ascertain the pricing offered by other independent third parties, generally by way of obtaining quotations for a comparable volume and similar services from at least two independent third parties via emails, fax, phone or tenders by publishing tender notice via various media resources (for instance, the local newspapers), and take average of such quotations as the market price. The service fee of each service shall be reviewed and approved by the head of the equipment department of the Company. Accordingly, the Directors believe that the above methods and procedures can ensure that the relevant continuing connected transactions will be conducted in accordance with the terms (including pricing policy) provided under the New Construction and Installation Services Framework Agreement, and such transactions will be conducted on normal commercial terms and in the interest of the Company and Shareholders as a whole. Historical Figures For the year ended 31 December For the year ended 31 December For the eleven months ended 30 November 2019 2020 2021 RMB0’000 RMB0’000 Unaudited RMB0’000 – 477.65 1,404.12 The historical transaction amounts of the construction and installation services provided by Xxxxx Construction and Installation to the Group for the two years ended 31 December 2020 and the eleven months ended 30 November 2021 are set out below: Service fees paid by the Group for the construction and installation services provided by Andre Construction and Installation
