Procurement Agreement. Subject to the terms and conditions set forth herein, Hitachi and OpNext Japan shall, simultaneous with the execution of this Agreement, enter into a definitive procurement agreement on commercially reasonable terms pursuant to which Hitachi may purchase Optronic Components from OpNext Japan (the “Procurement Agreement”). The Procurement Agreement will contain the definitive terms for Hitachi’s purchase of any Optronic Components from OpNext Japan, including but not limited to the following: (i) price and payment terms; (ii) establishment of a rolling forecast of demand by Hitachi for its Optronic Components needs; (iii) shipment and delivery terms; (iv) title and risk of loss; (v) inspection rights; (vi) quality control; (vii) warranty(ies); (viii) intellectual property rights; and (ix) modification and cancellation of purchase orders. The Procurement Agreement and any other procurement agreement entered into between Hitachi and any other member of the OpNext Group shall in all cases be subject to the terms and conditions set forth in Section 2.1 hereof. The Procurement Agreement shall be governed by the laws of Japan and any dispute arising therefrom shall be arbitrated in accordance with Section 8 and Exhibit A hereof. In the event that Optronic Components are offered for sale by any other member of the OpNext Group (other than OpNext Japan), Hitachi and such other member of the OpNext Group will enter into a definitive procurement agreement on substantially the same terms as the Procurement Agreement (except that the governing law shall be the jurisdiction of organization of such other member of the OpNext Group).
Procurement Agreement. The principal terms of the 2021 Master Procurement Agreement are summarized as follow: Date 7 April 2021 (after trading hours) Parties
Procurement Agreement. The Council will: • inform the trade unions of any proposed new service reviews which may subsequently result in a procurement process and will fully consult and engage with the trade unions throughout the service review, service transformation and/or procurement process (this will not apply to the purchase of goods); • carry out an equality impact assessment on any significant proposed reorganisation of services, including the impact on the workforce; • carry out an options appraisal before any formal procurement process is commenced; • ensure that an in-house service improvement plan will precede and inform any procurement process, and be included in the options appraisal exercise; • ensure that the trade unions have an opportunity to make an input into, and comment on, all aspects of the procurement process before key decisions are made; • consult the trade unions on the drafting of any OJEU notice it proposes to issue; • invite the trade unions to make an input into the design and content of the PQQ process, including the development of specific “weighting” factors; • assess social, economic, equality and environmental impact at both options appraisal and bid evaluation stages. The assessment and evaluation of all proposals will take into account the costs, loss of direct management control and any risks to service provision from the potential out-sourcing of services; • arrange for the trades unions to be given timely access to all relevant information at each stage of the service review, options appraisal, and procurement process; • provide assistance to the trades unions in the interpretation of information and proposals, including where appropriate financial support to enable the trade union to have complex information analysed; • invite the trade unions to make an input into design and content of the process for selecting the successful contractor/s; • facilitate meetings between the trade unions and potential service providers and short listed bidders at key stages of process; where requested, the Council will facilitate visits by trade union representatives to sites where the bidders have contracts; and • provide information to the trade unions on the basis that the trades unions may use it for reasonable communication of relevant issues with their members, advisers and the Council, subject to the need for some information being treated on a confidential basis support its own compliance with statutory public sector equality duties and its own Eq...
Procurement Agreement. The Board further announces that Hangzhou Aurora and Alipay (Hangzhou) entered into the Cash Vouchers Procurement Agreement on July 30, 2019, pursuant to which Hangzhou Aurora agreed to sell, and Alipay (Hangzhou) agreed to purchase, Cash Vouchers at total consideration of RMB440,000. LISTING RULES IMPLICATIONS As at the date of this announcement, AGH is the ultimate sole shareholder of Ali CV, which is a substantial shareholder and a connected person of the Company holding approximately 50.64% of the issued share capital of the Company. As Ant Financial is indirectly held by AGH as to 33% of its equity interest and Alipay (Hangzhou) is a wholly-owned subsidiary of Ant Financial, each of Ant Financial and Alipay (Hangzhou) is an associate of Ali CV and thus a connected person of the Company as at the date of this announcement. The entering into of the Procurement Framework Agreement and the transactions contemplated thereunder constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules, while the entering into of the Cash Vouchers Procurement Agreement constitutes a connected transaction of the Company under Chapter 14A of the Listing Rules. As one or more of the applicable percentage ratios set out in Rule 14.07 of the Listing Rules in respect of the highest annual cap for the transactions contemplated under the Procurement Framework Agreement are more than 0.1% but less than 5%, the entering into of the Procurement Framework Agreement and the transactions contemplated thereunder are subject to the reporting, announcement and annual review requirements but exempt from independent shareholders’ approval requirements under Chapter 14A of the Listing Rules. As all the applicable percentage ratios set out in Rule 14.07 of the Listing Rules in respect of the total consideration under the Cash Vouchers Procurement Agreement are less than 0.1%, the entering into of the Cash Vouchers Procurement Agreement was, pursuant to Rule 14A.76(1) of the Listing Rules, fully exempt from independent shareholders’ approval, annual review and all disclosure requirements at the time of signing. Pursuant to Rule 14A.81 of the Listing Rules, the transactions contemplated under the Procurement Framework Agreement shall be aggregated with the connected transactions contemplated under each of the AGH Procurement Framework Agreement and the Cash Vouchers Procurement Agreement as if they were one transaction as they are of similar nature and were...
Procurement Agreement. Com21 shall sell to Com21 Israel certain parts and components identified on SCHEDULE 4.11 and on such terms as described on SCHEDULE 4.11.
Procurement Agreement. Buyer shall have executed and delivered to Seller a Procurement Agreement in substantially the form attached hereto as EXHIBIT E.
Procurement Agreement. The procurement agreement between the City of Edmonton and The Xxxxx Street Service Society relates to the provision of outreach services through the City-wide Street Outreach Program (Attachment 1). Budget/Financial Implications The maximum amount payable by the City to The Xxxxx Street Service Society will not exceed $2,312,450 (including GST) for a term of four years and two months from November 1, 2020 - December 31, 2024. The Xxxxx Street Services Society would be paid up to the maximum of $112,450 (including GST) in 2020, for November and December, and $550,000 annually for a period of four years beginning January 2021 to December 2024. Payments will be made quarterly each calendar year for the provision of Street Outreach services. For the period of November 1 to December 31, 2020, the sum of $112,450 (including GST) will be paid on December 31, 2020. The sum of $137,500 (including GST) will be paid quarterly on March 31, June 30, September 30, and December 31 of each calendar year from 2021 to 2024. The City of Edmonton’s procurement agreement would enable The Xxxxx Street Service Society to provide outreach services through the City-wide Street Outreach Program, including staffing the Street Outreach Program team, which includes one team lead and eight street outreach workers and associated expenses including client and administrative costs. The procurement agreement would be funded each year from the operating budget, subject to budget approval by City Council in 2023 and beyond. Legal Implications As per the City Administration Bylaw 16620, agreements over $500,000 that do not arise from a competitive procurement process must be approved by the appropriate Committee of Council. Due to exceptions in each applicable trade agreement that the City is subject to, a competitive procurement process is not required for this contract. Public Engagement Public engagement did not take place for this report as a decision regarding the proposed procurement agreement does not require input from residents or stakeholders. Corporate Outcomes and Performance Management Corporate Outcome(s): Edmonton is a Safe City Outcome(s) Measure(s) Result(s) Target(s) Increase in level of support provided to clients/persons identified as homeless Number of interactions with clients / persons identified as homeless 2019: 3,838 interactions with 286 unique participants 2,855 interactions with anonymous participants Increase interactions year-over-year Demonstration of the City...
Procurement Agreement. On 30 September 2021, Golden Eagle (China) on one part, and Golden Eagle International Group and Nanjing Zhantai on the other part, entered into a Procurement Agreement, pursuant to which Golden Eagle International Group, Nanjing Zhantai and their respective subsidiaries will purchase the Products from Golden Eagle (China) and/or its subsidiaries, for a term of 3 years commencing from 1 January 2022 to 31 December 2024. REVISION AND RENEWAL OF ANNUAL CAPS OF CONTINUING CONNECTED TRANSACTIONS The Company proposes to revise and/or renew the annual caps in respect of the following agreements:
Procurement Agreement. The Directors anticipated that all the applicable percentage ratios in respect of the aggregate consideration to be received by the Group under the Procurement Agreement calculated on an annual basis with reference to the annual caps available represent more than 0.1% but are less than 5%. Accordingly, the entering into of the Procurement Agreement and the transactions contemplated thereunder are subject to announcement, reporting and annual review requirements but are exempt from the Independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.
Procurement Agreement. Subject Matter Pursuant to the Procurement Agreement to be entered into between SODH, WHSO and CITIC China, SODH shall procure WHSO to dispose of and CITIC China shall establish and procure CITIC A1 Project Company to purchase the A1 Property.
