SALE AND PURCHASE AGREEMENTS Sample Clauses

SALE AND PURCHASE AGREEMENTS. A summary of the parties and the scope of the Target Equity Interests to be disposed of by the Vendors is set out as follows.
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SALE AND PURCHASE AGREEMENTS. Prior to April 30, 2002, Group and the Borrower shall have provided to the Lenders true and complete copies of sale and purchase agreements, in form and substance satisfactory to the Administrative Agent, fully executed by Group or one or more of its Subsidiaries and one or more independent third party buyer(s) with respect to the sale(s) of stock or assets of Group or a Subsidiary thereof to such independent third party buyer(s) on terms that provide for: (a) aggregate net cash sale proceeds to be paid to Group, or any of its Subsidiaries, in an amount not less than $200,000,000, (b) consideration, timing of closing and other conditions which represent a bona fide effort of Group and/or a Subsidiary thereof to consummate the sale of the assets or stock to be sold, and (c) not less than 50% of the consideration therefor to be in cash payable to Group or one of its Subsidiaries. In addition, prior to June 30, 2002, Group and the Borrower shall have provided to the Lenders true and complete copies of sale and purchase agreements, in form and substance satisfactory to the Administrative Agent (and in any event to include terms that provide for requirements set forth in subclauses (b) and (c) above), fully executed by Group or one or more of its Subsidiaries and one or more independent third party buyer(s) with respect to the sale(s) of stock or assets of Group or a Subsidiary thereof to such independent third party buyer(s) such that the aggregate net cash proceeds thereof would be sufficient to enable the Borrower to repay (and provide cash collateral in respect of all Letters of Credit) the entire amount of the Facilities and all post petition administrative claims and such proceeds shall be used for such purposes. The Administrative Agent may in its sole reasonable discretion extend the foregoing dates for compliance with this Section 7.16. Notwithstanding the foregoing, the provisions of Section 8.4 are applicable to each Asset Sale and nothing herein shall be construed as the Lenders having consented or agreed to consent to any Asset Sale.
SALE AND PURCHASE AGREEMENTS. As disclosed in the 2011 Announcement, on 23rd March, 2011, AP Pearl as the vendor, Lanwa as the purchaser and Xx. Xxxx as the guarantor has entered into the Sale and Purchase Agreement I, pursuant to which, AP Pearl agreed to sell and Lanwa agreed to purchase the entire issued share capital of Green Village and all shareholder’s loan owed by Green Village to AP Pearl as at the completion date of the Sale and Purchase Agreement I for the total consideration of RMB450,000,000.00 (equivalent to approximately HK$529,412,000.00 by then). Green Village was indirectly interested in 50% of a wholly foreign owned enterprise incorporated in the PRC with limited liability, which in turn, owned the land use and development rights of the Danshui Land. As at the date of this announcement, AP Pearl has received from Lanwa part of the consideration payable under the Sale and Purchase Agreement I in the equivalent sum of RMB200,000,000.00 (equivalent to approximately HK$238,095,000.00) and the interest in the equivalent sum of RMB51,451,197.17 (equivalent to approximately HK$61,251,000.00), totalling RMB251,451,197.17 (equivalent to approximately HK$299,346,000.00). As disclosed in the 2012 Announcement, on 12th June, 2012, Best Advantage as the vendor, Lanwa as the purchaser and Xx. Xxxx as the guarantor entered into the Sale and Purchase Agreement II, pursuant to which, Best Advantage agreed to sell and Xxxxx agreed to purchase the entire issued share capital of Best Diversity and all shareholder’s loan owed by Best Diversity to Best Advantage as at the completion date of the Sale and Purchase Agreement II for the total consideration of RMB476,000,000.00 (equivalent to approximately HK$587,654,000.00 by then). Best Diversity was indirectly interested in 50% of a wholly foreign owned enterprise incorporated in the PRC with limited liability, which in turn, owned the land use and development rights of the Tianjin Land. As at the date of this announcement, Best Advantage has received from Lanwa part of the consideration payable under the Sale and Purchase Agreement II in the equivalent sum of RMB122,000,000.00 (equivalent to approximately HK$145,238,000.00) and the interest in the equivalent sum of RMB13,694,426.23 (equivalent to approximately HK$16,303,000.00), totalling RMB135,694,426.23 (equivalent to approximately HK$161,541,000.00).
SALE AND PURCHASE AGREEMENTS. On 14 May 2010, 21 June 2010 and 15 July 2010, Scud Shenzhen, a wholly-owned subsidiary of the Company entered into the First Sale and Purchase Agreement, Second Sale and Purchase Agreement and the Third Sale and Purchase Agreement, respectively, with Fujian Netcom, an associate (as defined in the Listing Rules) of Xx. Xxxx, our Director and controlling Shareholder. Pursuant to the Sale and Purchase Agreements, Scud Shenzhen agreed to sell and Fujian Netcom agreed to purchase various types of batteries for a total consideration of RMB4,999,225 (equivalent to approximately HK$5,799,101) inclusive of the PRC value added tax. The specific terms of the Sale and Purchase Agreements are set out as follows: First Sale and Purchase Agreement Second Sale and Purchase Agreement Third Sale and Purchase Agreement Date: 14 May 2010 21 June 2010 15 July 2010 Consideration RMB2,000,000 RMB2,000,000 RMB999,225 (inclusive of (equivalent to (equivalent to (equivalent to the PRC value approximately approximately approximately added tax): HK$2,320,000) HK$2,320,000) HK$1,159,101) Save for the abovementioned terms, the principal terms of each of the Sale and Purchase Agreements were the same and are as follows: Parties: (i) Scud Shenzhen as vendor
SALE AND PURCHASE AGREEMENTS. Commercial Property; Income property; Investment property forms; Purchase agreements real estate; Seller, income property; RPA-CA; SES; TAL; WHSD; WPA; 2019-01: sort-purchase: 160: 160: Offer to Grant an Option And Option Money Receipt: Sale and Purchase Agreements Realty Publications, Inc. – RPI Forms Download | first ... The California lease agreement outlines the arrangement between a landlord and a tenant in regard to occupying a property for a specified time period. Certain stipulations and disclosures are made within the document providing legal protection for the lessor and lessee in the event that one party violates one of the written provisions. Both sides of the transaction must sign off on the ...
SALE AND PURCHASE AGREEMENTS. Date of the Sale and Purchase Agreements 23rd September 2003, with the supplemental agreement entered into on 29th September 2003 Parties to the Sale and Purchase Agreements Vendor : Hon Po Investment Limited, a company incorporated in the British Virgin Islands with limited liability Purchaser : Cipla Ltd., a company incorporated in the British Virgin Islands and is beneficially owned as to 50% by Xx. Xxxxxx Xxx Foo and as to 50% by Xx. Xxx Xxx Xxxx. The Purchaser, Xx. Xxxxxx Xxx Foo and Xx. Xxx Xxx Xxxx are independent third parties and are not connected persons of the Company (as defined in the Listing Rules).
SALE AND PURCHASE AGREEMENTS. Yaomeng Power Plant, a wholly-owned subsidiary of the Company, just entered into the Production Quota Sale and Purchase Agreements to sell part of its Power Generation Quota for the year 2019. Principal terms of the three Production Quota Sale and Purchase Agreements Date 30 July 2019 Parties, Power Generation Quota and Consideration
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SALE AND PURCHASE AGREEMENTS. Date: 28th March, 2014 (after trading hours of the Stock Exchange) Parties Purchaser: Happy Crowd Godown Limited, a wholly-owned subsidiary of the Company Vendors: Xx Xxx Tor Xxxxxxx, Xxxx Xxx Xxxxx Xxxx Xxx Xxxx, Xxxx Xxx Xxxxx Xxxx Xxx Xxxx, Xxxx Xxx Xxxxx, Xx Xxx Tor Xxxxxxx Xxxx Xxx Xxxxx, Xx Xxx Xx, Xxx Xx Che Tor Xxxxxxx, Xxxx Xxx Xxxx Target Companies: State Good Inc Limited Triumph Time Inc Limited Joint Easy Limited Citron Holdings Limited First Cosmos Limited Properties: Property A Property B Property C Property D Property E To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, the Vendors are Independent Third Parties.
SALE AND PURCHASE AGREEMENTS. The Administrative Agent hereby acknowledges for the purposes of Section 7.16 of the Credit Agreement that the sale and purchase agreements relating to the GJM Sale and the Penhaligon's Sale previously provided to the Administrative Agent are satisfactory.
SALE AND PURCHASE AGREEMENTS. Edition Ltd. ("Company"") has today entered into sale and purchase agreements ("SPAs") for the disposal of shares in its subsidiary, Onion Holdings Co., Ltd ("Onion"). Pursuant to the SPAs, the Company has disposed:
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