BOC Sample Clauses
The BOC (Bank of China) clause typically designates the Bank of China as a party involved in a financial transaction, often as the issuing or advising bank in letters of credit or other banking arrangements. In practice, this clause specifies the roles and responsibilities of the Bank of China, such as handling payments, confirming creditworthiness, or managing documentation for international trade. Its core function is to clearly identify the Bank of China’s involvement, ensuring all parties understand which institution is responsible for key banking actions, thereby reducing confusion and facilitating smooth financial operations.
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BOC. 1.1.1 act as the forum for collaborative, open exchange and coordination between the Parties with respect to Schedule B (Business Opportunities) and report as required to the Implementation Committee;
1.1.2 develop as a first priority an implementation and monitoring plan outlining the process and timing for the implementation and monitoring of Schedule B and deliver such to the Implementation Committee;
1.1.3 implement the decisions of the Implementation Committee and any directives issued jointly by the Parties;
1.1.4 provide advice to AEM and KIA on mechanisms which may be used by AEM to promote the objectives of Schedule B (Business Opportunities);
1.1.5 review the information and notices provided to it from time to time pursuant to the process to pre-qualify firms and the Tendering Process;
1.1.6 review the pre-qualification process and Tendering Process and make recommendations to the Implementation Committee for improvements; and
1.1.7 carry out any other duties and responsibilities attributed to it by the terms and conditions of the Agreement or as may be assigned to it from time to time by the Implementation Committee or as may be agreed by the Parties.
BOC. Each Partner agrees that neither it nor any of its Controlled Affiliates shall take any action that causes such Partner to become a BOC.
BOC. The evaluation team used guided interviews, as listed in Annexes 3.4.1-2. (We also submitted a detailed questionnaire, to which we received no response.) The evaluation team used a standard in-depth interview questionnaire for all eighteen respondents, as exhibited in Annexes 3.11. Eleven were interviewed alone, seven in two separate unstructured focus group discussions (one female and one male).
BOC. BOC is a joint stock limited company incorporated in the PRC with limited liability. It mainly engages in businesses such as RMB deposit absorption, money lending and settlement. BOC is owned as to 64.02% and 27.82% by Central Huijin Investment Ltd.* (中央匯金投資有限責任公司) and HKSCC NOMINEES LIMITED. Save for the above, no shareholder of BOC holds more than 10% equity interests. Central Huijin Investment Ltd. is a wholly-owned subsidiary of China Investment Corporation* (中國投資有限責任公司), which is wholly owned by the State Council of the PRC. HKSCC NOMINEES LIMITED is wholly owned by HONG KONG SECURITIES CLEARING COMPANY LIMITED, the ultimate beneficial owner of which is Hong Kong Exchanges and Clearing Limited. China Merchants Securities is a joint stock limited company incorporated in the PRC with limited liability. It mainly engages in securities brokerage, securities investment consultancy, underwriting and sponsorship businesses. As at the date of this announcement, China Merchants Securities is a subsidiary of China Merchants, and therefore is a connected person of the Company.