FINANCIAL SERVICES AGREEMENT. The financial services agreement for the Year of 2017 between the Finance Company and Magang Group signed on 29 December 2016 will expire on 31 December 2017. On 27 December 2017, the Finance Company and Magang Group entered into the Financial Services Agreement for the Year of 2018, pursuant to which, the Finance Company agreed to provide Magang Group and its subsidiaries with deposit services, loan services and other financial services subject to the terms and conditions provided therein. The principal terms of the New Agreement are set out below: Date
FINANCIAL SERVICES AGREEMENT. Date 10 December 2010 Parties The Company and Shenhua Finance (as provider of financial services) Major Terms • the term of the Financial Services Agreement is from 1 January 2011 to 31 December 2011; • the services to be provided by Shenhua Finance to the Group include financial consultation, credit appraisal and other relevant advice and agency services; assistance in receiving transaction proceeds; provision of security; provision of loans, entrusted loans and entrusted investment services; bill acceptance and discount services; settlement services and planning of settlement scheme; deposit services; loans and finance leasing; underwriting of company bonds; consumer credit facilities, buyer’s credit and finance leasing for the products of the members of the Group; • subject to compliance with the terms and conditions of the Financial Services Agreement, Shenhua Finance shall be appointed as one of the financial institutions to provide financial services to the Group. The Group may obtain financial services from other financial institutions in addition to or instead of Shenhua Finance, as it sees fit; • the terms and conditions for the provision of financial services to the Group at any time shall be no less favourable than those provided by Shenhua Finance to other members of Shenhua Group and shall be no less favourable than the same type of financial services provided by other financial institutions to the Group; • the interest rate for the Group’s deposits with Shenhua Finance shall not be lower than the lowest rate allowed by the PBOC for the same type of deposit and, subject to the above, the interest rate payable shall be (1) the same as or higher than the rate payable by Shenhua Finance to other members of Shenhua Group and (2) the same as or higher than the rate payable by normal commercial banks in the PRC for comparable deposits (whichever is higher); • the interest rate for loans provided to the Group by Shenhua Finance shall not be higher than the highest rate allowed by the PBOC for the same type of loan and, subject to the above, the interest rate charged on the loans to the Group shall be (1) the same as or lower than the rate charged by Shenhua Finance to other members of Shenhua Group for comparable loans and (2) equal to or lower than the rate charged by normal commercial banks in the PRC for comparable loans (whichever is lower); and • the fees charged by Shenhua Finance for the provision of other financial services shall be fixed acc...
FINANCIAL SERVICES AGREEMENT. Date 5 September 2014 Parties
FINANCIAL SERVICES AGREEMENT. Date 1 November 2019 Parties
FINANCIAL SERVICES AGREEMENT. Date : 11 May 2015 Parties : The Company RGL Xx. Xx, an executive Director, is the controlling shareholder of RGL. Terms : The Financial Services Agreement shall become effective from the date when the Independent Shareholders approve the Financial Services Agreement and the transactions contemplated thereunder and the relevant proposed annual caps and for a term up to 31 December 2017. The parties may renew the Financial Services Agreement subject to the compliance with applicable laws and the Listing Rules.
FINANCIAL SERVICES AGREEMENT. The principal terms of the Financial Services Agreement are summarised as follows:
FINANCIAL SERVICES AGREEMENT. The Group utilises from time to time financial services provided by CNOOC Finance and, therefore, entered into the Financial Services Agreement with CNOOC Finance on 18 October 2023, pursuant to which CNOOC Finance will provide to the Group a range of financial services that the Group may require, including the following:
FINANCIAL SERVICES AGREEMENT in view of PBOC’s liquidity regulation policies over domestic banks in the PRC, it is very important for the Group to be able to secure timely and sufficient financings from CNOOC Finance. There are two types of loans granted by CNOOC Finance to the Group: (1) loans where security over the Group’s assets is required to be created in favour of CNOOC Finance; and (2) loans where no security over the assets of the Group is required to be created in favour of CNOOC Finance. As no type (1) loan had been obtained since 2012 and the Group does not anticipate that any type (1) loan will be granted by CNOOC Finance to the Group in the future, all loans granted by CNOOC Finance to the Group (which were previously referred to as the transactions in respect of the provision of loans to the Company) now do not require any security over the Group’s assets. Therefore, these transaction contemplated thereunder constitute financial assistance provided by CNOOC Group to the Group which will be fully exempt from reporting, announcement and Independent Shareholders’ approval requirements under Rule 14A.90 of the Listing Rules. If any loan to be granted by CNOOC Finance to the Group in the future requires any security over the Group’s assets to be given in respect of such loan, the Group will duly comply with the Listing Rules and make the relevant disclosures as appropriate.
FINANCIAL SERVICES AGREEMENT. Date: 2 December 2020 Parties: (1) the Company; and
FINANCIAL SERVICES AGREEMENT. On 27 December 2013, the Finance Company and Magang Group entered into the Financial Services Agreement, pursuant to which, the Finance Company agreed to provide Magang Group and its subsidiaries with deposit services, loan services and other financial services subject to the terms and conditions provided therein. The principal terms of the Financial Services Agreement are set out below: Date : 27 December 2013 Parties : The Finance Company; and Magang Group Term : The Financial Services Agreement shall be for a term commencing from 1 January 2014 to 31 December 2014.
