Property Agency Services Framework Agreement Sample Clauses

Property Agency Services Framework Agreement. On [●], our Company (for ourselves and on behalf of our other subsidiaries) entered into a property agency services framework agreement with Excellence Real Estate (for itself and on behalf of other members of the Excellence Group and its associates) (the “Property Agency Services Framework Agreement”), pursuant to which our Group agreed to provide property agency services in respect of (i) the sales of residential and commercial properties developed by Excellence Group and its associates, (ii) the unleased units in the office buildings and unleased ancillary commercial units in the residential communities owned by Excellence Group and its associates and managed by us (the “Property Agency Services”). The Property Agency Services Framework Agreement has a term commencing from the [REDACTED] until December 31, 2022. For each of the three years ended December 31, 2017, 2018 and 2019, the total amount of commission fee payable by the Excellence Group and its associates for the Property Agency Services amounted to approximately RMB1.6 million, RMB0.1 million and RMB1.0 million, respectively. The decrease in the total amount of commission fee payable for the Property Agency Services in 2018 was primarily due to the decrease in demand for the properties which was in line with the downturn of the market. The commission fee to be charged for the Property Agency Services shall be determined after arm’s length negotiations with reference to (i) the rental or selling price and GFA of the properties to be leased or sold through our Property Agency Services, and (ii) a certain commission rate which is comparable to the market rate provided by Excellence Group to other independent property agency service providers for similar services. Our Directors estimate that the maximum annual fee payable by the Excellence Group and/or its associates in relation to the Property Agency Services under the Property Agency Services Framework Agreement for each of the three years ending December 31, 2022 will not exceed RMB1.1 million, RMB1.2 million and RMB1.5 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 historical transaction amounts during the Track Record Period; • the estimated GFA of office units and ancillary commercial units to be leased and properties to be developed by the Excellence Group which require the Property Agency Servic...
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Related to Property Agency Services Framework 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.

  • Agency Service Fee Section 1. Each employee who elects not to join or maintain membership in the Union shall be required to pay as a condition of employment, beginning thirty (30) days following the commencement of his/her employment, an agency service fee to the Union in an amount that is equal to the amount required to become and remain a member in good standing of the exclusive bargaining agent.

  • Emergency Services The parties recognize that in the event of a strike or lockout, situations may arise of an emergency nature. To this end, the Employer and the Union will agree to provide services of an emergency nature.

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

  • Mobile Banking Services Mobile Banking is a personal financial information management service that allows you to access account information and conduct transactions using compatible and supported mobile phones and/or other compatible and supported wireless devices (including phones, "Wireless Devices"). We reserve the right to modify the scope of the Mobile Banking services at any time. We reserve the right to refuse to make any transaction you request through Mobile Banking. You agree and understand that Mobile Banking may not be accessible or may have limited utility over some mobile telephone networks, such as while roaming.

  • Servicing Agreement General Summary The Sellers and the Purchasers intend this Agreement to amend and restate that certain “Servicing Agreement,” dated March 23, 2021, for purposes of the Purchase Agreement and wish to set forth herein the terms upon which each Purchaser will, to the fullest extent permitted by applicable Law and the applicable Corporate Trust Contract, and subject to the applicable provisions of this Agreement, assume the responsibility (as agent of the applicable Seller) to supervise, manage, administer and otherwise discharge the duties of the applicable Seller in a Corporate Trust Capacity under (a) any Restricted Appointment and (b) any Excluded Appointment (collectively, the “Serviced Appointments”), and the Purchasers will discharge and perform when due, and indemnify the Sellers for, the Assumed Servicing Liabilities.

  • 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.

  • Transfer Agency Services In accordance with procedures established from time to time by agreement between the Trust and each Portfolio, as applicable, and the Transfer Agent, the Transfer Agent shall:

  • Emergency Services Leave 6.17.1 Subject to operational requirements, paid leave of absence shall be granted by the Employer to an Employee who is an active volunteer member of State Emergency Service, St Xxxx Ambulance Brigade, Volunteer Fire and Rescue Service, Xxxx Fire Brigades, Volunteer Marine Rescue Services Groups or FESA Units, in order to allow for attendances at emergencies as declared by the recognised authority.

  • Online Banking Services We may provide Online Banking Services to you during the Term from time to time as described in this Agreement. You understand and agree that we may, and you authorize us to, provide Online Banking Services through one or more third party vendors. This Agreement does not apply to services provided under separate agreements with third party vendors that do not specifically reference this Agreement or that are not specifically referenced in this Agreement. Please refer to the online help and instructions on how to use our Online Banking Services. Such instructions are part of this Agreement. Please note that during your use of Online Banking Services, we may provide you with additional requirements and limitations regarding the use of Online Banking Services through the system by which we may provide Online Banking Services. You agree to be bound by any and all such additional requirements and limitations. You also agree to be bound by any and all of our published policies and procedures, whether published on the Web Site, through the Online Banking Services, or otherwise. Any and all such policies and procedures shall be a part of this Agreement.

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