Master IT System Support Services Agreement Sample Clauses

Master IT System Support Services Agreement. On [●], our Company (for ourselves and on behalf of our other subsidiaries) entered into a master information technology system support services agreement with Xxxxxxxxx Xxxxxxx (the “Master IT System Support Services Agreement”), pursuant to which Xxxxxxxxx Xxxxxxx agreed to provide information technology system support services to our Group, including but not limited to (i) development, operation, maintenance and upgrade of online intelligent platform for property management; and (ii) maintenance and upgrade of online office system, business process management system and internal control management system (the “IT System Support Services”). The Master IT System Support Services Agreement has a term commencing from the Listing Date until December 31, 2022. Since Xxxxxxxxx Xxxxxxx was a wholly-owned subsidiary of our Group before the Reorganization, no fee was charged by Xxxxxxxxx Xxxxxxx in respect of the services provided by Xxxxxxxxx Xxxxxxx to our Group for the three years ended December 31, 2017, 2018, and 2019. As part of the Reorganization, Xxxxxxxxx Xxxxxxx was disposed of by our Group and fee will be charged by Xxxxxxxxx Xxxxxxx for services to be provided to our Group by Xxxxxxxxx Xxxxxxx. The fees to be charged for the IT System Support Services will be determined on arm’s length basis with reference to the labor costs, the administrative expenses, and the prices charged by Xxxxxxxxx Xxxxxxx for similar services provided to Independent Third Parties. Our Directors estimate that the maximum annual fee payable by our Group in relation to the IT System Support Services to be provided by Xxxxxxxxx Xxxxxxx for each of the three years ending December 31, 2022 will not exceed RMB5.8 million, RMB9.6 million and RMB11.8 million, respectively. In arriving at the above annual caps, our Directors have considered the following factors which are considered to be reasonable and justifiable in the circumstances: • the estimated expenses of the development plan for the online intelligent platform and the maintenance and upgrade schedule of the information technology systems used by our Group for the three years ending December 31, 2022; and • the estimated demand of our Group for the IT System Support Services. As of the Latest Practicable Date, Xxxxxxxxx Xxxxxxx was indirectly controlled by Excellence Real Estate which was owned as to 95.0% by Xx. Xx Xx. Xx. Xx Xx is one of our Controlling Shareholders and Xxxxxxxxx Xxxxxxx is therefore a connected person of ou...
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Related to Master IT System Support Services Agreement

  • Transition Services Agreement Seller shall have executed and delivered the Transition Services Agreement.

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

  • Transitional Services Agreement Buyer shall have executed and delivered to Seller, for execution by Seller, the Transitional Services Agreement.

  • Services Agreement “Services Agreement” shall mean any present or future agreements, either written or oral, between Covered Entity and Business Associate under which Business Associate provides services to Covered Entity which involve the use or disclosure of Protected Health Information. The Services Agreement is amended by and incorporates the terms of this BA Agreement.

  • End User Agreement This publication is distributed under the terms of Article 25fa of the Dutch Copyright Act. This article entitles the maker of a short scientific work funded either wholly or partially by Dutch public funds to make that work publicly available for no consideration following a reasonable period of time after the work was first published, provided that clear reference is made to the source of the first publication of the work. Research outputs of researchers employed by Dutch Universities that comply with the legal requirements of Article 25fa of the Dutch Copyright Act, are distributed online and free of cost or other barriers in institutional repositories. Research outputs are distributed six months after their first online publication in the original published version and with proper attribution to the source of the original publication. You are permitted to download and use the publication for personal purposes. All rights remain with the author(s) and/or copyrights owner(s) of this work. Any use of the publication other than authorised under this licence or copyright law is prohibited. If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the University Library know, stating your reasons. In case of a legitimate complaint, the University Library will, as a precaution, make the material inaccessible and/or remove it from the website. Please contact the University Library through email: xxxxxxxxx@xxx.xx.xx. You will be contacted as soon as possible. University Library Radboud University

  • Administrative Services Agreement The Administrative Services Agreement has been duly authorized, executed and delivered by the Company and is a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.

  • TAX SUPPORT SERVICES BNY Mellon shall provide the following tax support services for each Fund: § Provide various data and reports as agreed upon in the SLDs to support TRP’s tax reporting and tax filing obligations, including: · Wash sales reporting; · QDI reporting; · DRD reporting; · PFIC analysis; · Straddle analysis; · Paydown adjustments; · Equalization debit adjustments · Tax compliance under §851, §817(h); · Foreign bond sale analysis (§988); · Troubled debt analysis; · Estimation of income for excise tax purposes; · Swap analysis; · Inflation adjustments; · §1256 adjustments; · Market discount analysis; · OID adjustments; · CPDI analysis; · Shareholder tax reporting information (e.g. FTC, UGG income, foreign source income by country, exempt income by state); § Provide data, and reports based on such data, maintained by BNY Mellon on its fund accounting platform as reasonably requested by TRP to support TRP’s obligations to comply with requests from tax authorities and TRP’s tax reporting and tax filing obligations. § Assist with other tax-related data needs as mutually agreed upon in writing from time-to-time.

  • Technical Support Services 2.1 The technical support services (the "Services"): Party A agrees to provide to Party B the relevant services requested by Party B, which are specified in Exhibit 1 attached hereto ("Exhibit 1").

  • Administrative Support Services Fees Within forty-five (45) days of the end of each calendar quarter or at such other period as deemed appropriate by the Distributor, the Fund will make payments in the aggregate amount of up to 0.25% on an annual basis of the average during the period of the aggregate net asset value of the Shares computed as of the close of each business day (the “Service Fee”). Such Service Fee payments received from the Fund will compensate the Distributor for providing administrative support services with respect to Accounts. The administrative support services in connection with Accounts may include, but shall not be limited to, the administrative support services that a Recipient may render as described in Section 3(b)(i) below.

  • Customer Agreement In the event of a conflict between this Agreement and any other agreement between the Bank and the Grantor, the terms of this Agreement will prevail.

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