RATIONALE FOR THE PROPOSAL Sample Clauses

RATIONALE FOR THE PROPOSAL. The Proposal will enable DNeX to benefit from Ping’s future earnings in view of Ping’s potential to grow organically with its well balanced portfolio of production, development and exploration assets. Ping is estimated to have proved and probable (“2P”) oil reserve of 24.8 million barrels equivalent (“MMboe”). Upon completion of the Proposal, Ping will be a wholly owned subsidiary of DNeX and DNeX will be able to fully consolidate the revenue and earnings of Ping, which is expected to enhance DNeX’s financial performance in the future.
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RATIONALE FOR THE PROPOSAL. The Proposal is in line with E&O Group’s continuous effort in sourcing new landbank and property development opportunities to improve and sustain its earnings growth. The Proposed Development to be undertaken by way of joint venture represents E&O Group’s first foray into a property development project in Nusajaya and as such, the Proposal will allow for further product and income stream diversification to the E&O Group.
RATIONALE FOR THE PROPOSAL. KPJ views the signing of the MOU as beneficial to the KPJ and its subsidiaries (“KPJ Group”) for the following reasons:
RATIONALE FOR THE PROPOSAL. The joint participation of Titijaya and TLA in RCSB will provide Titijaya an opportunity for growth expansion as well as to access to new markets and distribution networks especially to the Japanese with the advantage of having TLA’s international presence and experience. The joint participation with TLA will also further enhance RCSB’s development which is currently being carried out to develop one tower of office suites and two towers of serviced apartments development on top of the car park/lobby/shop podium comprising 784 office suites, 1,398 serviced apartments, 24 shop lots, and 2,246 vehicle parking lots with the total built-up area of approximately 2,921,984 square feet built across a leasehold land which is approximately 3.05 acres situated in Brickfields in xxx xxxxxxxx xx Xxxxx Xxxxxx (“Project XXXXXXX”). Further, the Board are of the view that the collaboration with TLA in Project XXXXXXX will enhance Titijaya’s credibility, prestige and reputation, and accords Titijaya with greater recognition amongst investors. From the collaboration with TLA, Titijaya will be able to work with TLA’s associates and their associated company to leverage on their vast project expertise in particular to the benefit of Project XXXXXXX. This will in turn enhance the attractiveness and marketability of Project XXXXXXX which will be beneficial to Titijaya. Moreover, the collaboration with TLA in Project XXXXXXX is also expected to enhance the confidence of Titijaya Land Berhad Group’s stakeholders especially customers, business associates, and shareholders, through its profile as a public company listed on the Main Market of Bursa Malaysia Securities Berhad.
RATIONALE FOR THE PROPOSAL. KPJ views the SSPA as beneficial to KPJ and Lablink for the following reasons:

Related to RATIONALE FOR THE PROPOSAL

  • Announcement Explanation School District Board Member Vacancy The School District is accepting applications to fill the vacancy resulting from [reason for vacancy] of [former Board member's name]. The contents of a vacancy announcement, how it is announced, and where it is posted are at the Board's sole discretion. The Board may want to announce the vacancy and its intent to fill it by appointment during an open meeting. The announcement may be posted on the District's website and in the local newspaper(s). The individual selected will serve on the School Board from the date of appointment to [date]. The length of the appointment depends upon when during the term of office the vacancy occurred. See 105 ILCS 5/10-10 and Board policy 2:70, Vacancies on the School Board - Filling Vacancies, to determine the length of the appointment. The School District [School District's philosophy or mission statement]. See Board policy 1:30, School District Philosophy, for the District's mission statement that is specific to the community's goals. Applicants for the Board vacancy must be: [Board's list of qualifications]. See checklist item titled Develop a list of qualifications for appointment of a person to fill the vacancy above. Applicants should show familiarity with the Board's policies regarding general duties and responsibilities of a Board and a Board member, including fiduciary responsibilities, conflict of interest, ethics and gift ban. The Board's policies are available at [locations]. Listing this along with the Board's list of qualifications assists candidates in understanding a Board member's duties and responsibilities and may facilitate a better conversation during the interview process. See Board policies: 2:20, Powers and Duties of the School Board; Indemnification; 2:80, Board Member Oath and Conduct; 2:100, Board Member Conflict of Interest; 2:105 Ethics and Gift Ban; and 2:120, Board Member Development. Applications may be obtained at [location and address and/or website] beginning on [date and time]. Completed applications may be turned in by [time and date] to [name and title of person receiving applications]. See action item titled Decide who will receive completed vacancy applications above. Publicize the vacancy announcement by placing it on the District's website, announcing it at a meeting, and/or advertising it in the local newspaper(s). Accept and review applications from prospective candidates (see Decide who will receive completed vacancy applications above). Contact appropriate applicants for interviews (see Decide who will receive completed vacancy applications above). Develop interview questions.

  • Financial Proposal Tender Forms – prices By submitting this tender, the tenderer commits to performing this public contract in conformity with the provisions of the Tender Specifications/ – and explicitly declares accepting all conditions listed in the Tender Specifications and renounces any derogatory provisions such as his own general sales conditions. The unit prices and the global prices for each item in the inventory are established relative to the value of these items in relation to the total value of the tender. All general and financial costs as well as the profits are distributed between the various items in proportion to their weight. The value added tax is dealt with on a separate line in the summary bill of quantities or the inventory, to be added to the tender's value. The tenderer commits to performing the public contract in accordance with the provisions of the Tender Specifications for the following prices, given in euros and exclusive of VAT: Should this tender be approved, the performance bond will be constituted under the conditions and deadlines stipulated in the Tender Specifications. The confidential information and/or the information relating to technical or business secrets is indicated clearly in the tender. In order to correctly compare the tenders, the duly signed information or documents mentioned under Preparation of Tenders.

  • Proposal Proposal means any information supplied by or on behalf of the insured, deemed to be a completed proposal form and medical questionnaire and other relevant information that the insurer may require.

  • Consideration of proposals 6. (1) In respect of each proposal pursuant to subclause (1) of Clause 5 the Minister shall —

  • Evaluation of Proposals 29.1 UNDP shall examine the Proposal to confirm that all terms and conditions under the UNDP General Terms and Conditions and Special Conditions have been accepted by the Proposer without any deviation or reservation.

  • Technical Proposal The technical proposal may be presented in free format. It shall not exceed ten pages, not counting the CVs. It shall respect the following page limit and structure: • Technical methodology (max. 7 pages) • Quality management (max. 1 page) • Project management (max. 1 page) • Resource management (proposal (max. 1 page) + CVs of experts)

  • Additional proposals If the Company at any time during the continuance of this Agreement desires to modify expand or otherwise vary its activities carried on pursuant to this Agreement beyond those specified in any approved proposal, it shall give notice of such desire to the Minister and within 2 months after giving such notice shall submit to the Minister detailed proposals in respect of such modifications expansions or variations and such other matters as the Minister may require. The provisions of clause 4 and 5 (including (for the avoidance of doubt) clause 5(9)) shall apply, the necessary changes being made, to proposals submitted pursuant to this clause.

  • Clarification of Proposals Evaluations will be in accordance with the selection criteria set forth in the proposal request. Upon completion of evaluations, the CO will issue a task order to the contractor whose proposal provides the best value to the Government.

  • Rejection of Proposals The County reserves the right to reject any and all proposals or to accept the proposal or any part thereof which it determines to best serve the needs of the County and to waive any informalities or irregularities in the proposals. While cost is a factor in any contract award, it is not the only factor and may not be the determining factor.

  • Bidding and Proposal Phase 1.5.1 In conjunction with the development of the Guaranteed Maximum Price and at other times as appropriate to the Project, the Architect/Engineer shall assist the Owner and Construction Manager by receiving and recording requests for Bid and Request for Proposal (“RFP”) Documents, receiving and resolving questions about Bid and RFP Documents; preparing addenda, issuing addenda, and accounting for addenda issued; attending pre-bid and pre-proposal conferences and HUB meetings; evaluating bids and proposals; and assisting in preparing and awarding multiple contracts for construction. Architect/Engineer shall answer inquiries from bidders and proposers at Owner’s request, and shall prepare and issue any necessary addenda to the bidding or proposal documents.

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