Definitions and Explanations Sample Clauses

Definitions and Explanations. 1.1 In this Agreement, the words below mean the following:
AutoNDA by SimpleDocs
Definitions and Explanations. In these Terms and Conditions these words and phrases have the following meanings:
Definitions and Explanations. In the Contract, the following terms have meanings as below.
Definitions and Explanations. 1.1 Revolving Line of Credit referred to in the Contract is the maximum amount of the credits (including but not limited to such on-or-off balance sheet businesses as a loan, a commitment of loan, an acceptance, a discount cash, a bond buy-back, a business financing, a factor, a letter of credit, a letter of guarantee, an overdraft, an inter-bank lending, a guaranty, etc.) that will be determinated in succession during a given term (i.e. Claim-determinating Term). It is the summation of the balances of a credit Party A grants Party B during a given term, including the following two portions of undue balances of claim and due but unpaid balances of claim:
Definitions and Explanations. Unless otherwise defined or interpreted herein, the following terms in this Agreement shall have the following meanings:
Definitions and Explanations. In this agreement, the words and expressions set out below have the following meaning: Interest means the charge paid by the borrower to the lender for using the loan amount; Interest rate means the amount of interest expressed as a percentage; Final date of use means the day on which the borrower must have repaid in full, in accordance with the payment schedule submitted to them, the credit amount drawn by them; User limit means the maximum amount that the borrower determines by agreement with the lender and within which the lender makes a loan available to the borrower; Customer account means the borrower’s personal account that is created via the lender’s website and through which the borrower can submit loan applications within the credit limit and user limit made available to them; Customer agreement means these and future general terms and conditions of the loan agreement as established by the lender; Account management fee means the fee for the management of the customer account. The borrower pays the account management fee on a monthly basis if the borrower has drawn down the credit amount or has outstanding interest or service fees; Total cost of credit means the credit limit, the interest payable until the final date of use and the account management fee. The total cost of credit does not include the fees arising from the breach of the obligations arising from the agreement and payable by the borrower to the lender. The total cost of credit is calculated as of the moment of entry into the agreement on the presumption that the borrower draws down the credit limit without delay and in full and repays it on the final date of use; Annual percentage rate is stated as a percentage of the credit limit and it expresses the burden of the costs arising from using the credit limit and placed on the borrower per year. The annual percentage rate set out in the agreement is calculated as of the moment of entry into the agreement or an amendment to the agreement and it is only in effect if the borrower performs their obligations arising from the agreement by the agreed deadlines and under the agreed terms and conditions. The annual percentage rate is calculated on the presumption that the borrower draws down the credit limit without delay and in full. The lender calculates the annual percentage rate using the formula approved by the Minister of Finance of the Republic of Estonia and rounds off the obtained result to the accuracy of two decimals; Credit limit or...
Definitions and Explanations. 1.1 Definition In this circular, unless the context requires otherwise, the following expressions have the following meaning: “Agreement provision” The Company provides Yankuang Group with products and materials “Existing Continuing Connected Transaction AgreementsThe agreement in relation to the Existing Continuing Connected Transactions entered into between Yankuang Group and the Company on 10 January 2006, namely, the Provision of Products and Materials Agreement
AutoNDA by SimpleDocs
Definitions and Explanations. Unless otherwise provided herein:
Definitions and Explanations. 1.1 Unless otherwise specified or with different meaning explained by the above or below statements in this Agreement, the following terms in this Agreement have the meanings stated in below: This Agreement Refer to This shares-trading agreement, including the timely amendments and complementary Target Company, Company Refer to Jyong Biotech Ltd. Jyong Biotech Refer to Jyong Biotech Ltd. (Taiwan), an effectively existing Co., Ltd. incorporated in Taiwan, currently XXX XX-XXXX is the chairman and actually controls the company. Actual controlling person, shares-holder Refer to XXX XX-XXXX Investor, Party A Refer to Taizhou City Optimization Upgrading Partnership (Limited) Corporation, a subsidiary of Taizhou Financial Investment Co., Ltd. Rules Refer to The rules of Target Company, including the timely amendments and complementary Overseas framework Refer to For the purpose of listing Jyong Biotech outside of Taiwan, transfer Jyong Biotech's shareholders' equity to an overall corporate framework directly or indirectly held by the Target Company In-framework company Refer to Except for the shareholders of the Target Company, all companies that form an overseas framework, including but not limited to Jyong Biotech and the Target Company This investment Refer to Party A plans to acquire a total of 1,794,258 shares of the Target Company held by Party B at a price of RMB 112.5 million. After the completion of the investment, Party A will hold 2.446% of the equity of the Target Company. Targeted shares Refer to According to the provisions of this Agreement, Party A has acquired 1,794,258 shares of the Target Company Share-transfer payment, transfer payment Refer to The total price paid by Party A to Party B for the transfer of the targeted shares is RMB 112.5 million Value calculation Refer to The value of this investment is based on the premise that the Target Company will hold 100% of Jyong Biotech's equity, and the Target Company is valued at RMB 4.6 billion. Loan date Refer to The date on which the investment funds are paid by Party A to the designated account of Party B Delivery Refer to Party A shall pay Party B all the investment funds Delivery date Refer to The day when Party A pays Party B all the investment funds Transition period Refer to The period from the signing date of this agreement to the delivery date Qualified issuance and listing, IPO Refer to "Qualified Issuance and Listing" refers to the Target Company's public offering of shares and listing...
Definitions and Explanations. 16.1 Clause 1.1: “vice versa” means “the other way around”.
Time is Money Join Law Insider Premium to draft better contracts faster.