SUPPLEMENTAL AGREEMENT TO THE SALE AND PURCHASE AGREEMENT Sample Clauses

SUPPLEMENTAL AGREEMENT TO THE SALE AND PURCHASE AGREEMENT. The Board is pleased to announce that, on 16 December 2015 (after trading hours), the parties to the Sale and Purchase Agreement (i.e. the Vendor, the Purchaser, the Company and Xx. Xxx) entered into the SPA Supplemental Agreement to amend and modify certain terms of the Sale and Purchase Agreement as set out in this announcement. Save as specifically amended, varied or modified by the SPA Supplemental Agreement, all other terms of the Sale and Purchase Agreement remain in full force and effect.
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SUPPLEMENTAL AGREEMENT TO THE SALE AND PURCHASE AGREEMENT. On 24 March 2016 (after trading hours), the Company, the Vendor and the Vendor Guarantor entered into the third supplemental agreement (the “Third Supplemental Agreement”) to the Sale and Purchase Agreement (as supplemented by the two supplemental agreements (the “Supplemental Agreements”) dated 29 September 2014 and 31 August 2015 to the Sale and Purchase Agreement) to further amend certain terms thereof. Pursuant to the Third Supplemental Agreement, the parties to the Sale and Purchase Agreement agreed that, among others, the Second Promissory Note issued on 31 August 2015 shall be cancelled on 24 March 2016 and replaced by a new promissory note to be issued by the Company to the Vendor on the same date (the “Third Promissory Note”), in which the principal amount of the Third Promissory Note shall be HK$10,946,830 (representing the outstanding principal amount of the Second Promissory Note as at 24 March 2016), and the Maturity Date will be further extended to 31 December 2016 (or such later date as agreed among the parties to the Sale and Purchase Agreement in writing). Accordingly, on 24 March 2016, the Second Promissory Note was cancelled and the Third Promissory Note in the principal amount of HK$10,946,830 was issued by the Company to the Vendor Guarantor (as the Vendor’s nominee). Save and except the amendments under the Third Supplemental Agreement, all the terms and conditions of the Sale and Purchase Agreement (as supplemented by the Supplemental Agreements) remain unchanged. By Order of the Board Sino Resources Group Limited (carrying on business in Hong Kong as Sino Gp Limited) Zhaog Xiaobin Chairman Hong Kong, 24 March 2016 As at the date of this announcement, the executive Directors are Xx. Xxxxx Xxxxxxx, Xx. Xxx Feng and Xx. Xxxx Xxx Xxxxx, the non-executive Directors are Xx. Xxxx Ying, Xx. Xxxx Zili and Mr. Xx Xx, and the independent non-executive Directors are Xx. Xxx Xxxxxxxxxx, Xx. Xxxxx Wing Xxxxx Xxxxxxx, Xx. Xxxx Xxx Xxxx and Xx. Xxx Xxx X.
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SUPPLEMENTAL AGREEMENT TO THE SALE AND PURCHASE AGREEMENT. On 1 June 2018, Baofeng Photovoltaic, a wholly-owned subsidiary of the Company, entered into a supplemental agreement with Longi Leye for the sale and purchase of the Solar Modules and connectors (the “Supplemental Agreement”), pursuant to which the following terms are amended:- Amendment to the number of Solar Modules and connectors to be purchased Pursuant to the Supplemental Agreement, the number of Solar Modules to be purchased shall be decreased from 97,415 units to 83,631 units and the number of connectors to be purchased shall be decreased from 6,050 sets to 5,550 sets. Consideration Due to the reduction of number of units of Solar Modules and connectors to be purchased, the overall total consideration under the Supplemental Agreement shall be decreased to RMB82,000,000 (approximately HK$100,367,197) as compared to the original consideration RMB95,699,463.50 (approximately HK$117,135,207) under the Sale and Purchase Agreement. As at the date of the Supplemental Agreement, Baofeng Photovoltaic has already fully paid a consideration of RMB82,000,000 to Longi Leye and 83,631 units of Solar Modules and 5,550 sets of connectors had been delivered to Baofeng Photovoltaic. Save and except for the aforesaid amendment and other incidental changes, all other terms and conditions to the Sale and Purchase Agreement remain unchanged and shall remain in full force and effect in all aspects. In view of the reduction of the number of Solar Modules and connectors to be purchased pursuant to the Supplemental Agreement, the Group would source the remaining Solar Modules and connectors from other suppliers so as to continue to develop its own infrastructure for the photovoltaic power generation. The Board is of the view that entering into the Supplemental Agreement would not have any material adverse effect on the financial position or the operations of the Group.
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SUPPLEMENTAL AGREEMENT TO THE SALE AND PURCHASE AGREEMENT. FOR A MAJOR TRANSACTION Reference is made to the announcements of BEP International Holdings Limited (the “Company”) dated 20 July 2015, 6 August 2015, 16 November 2015, 7 December 2015 and 21 December 2015 in relation to, among other things, the acquisition of the entire equity interests of the Power Company. Capitalised terms used herein shall have the same meanings as those defined in the said announcement dated 16 November 2015 (the “S&P II Announcement”) unless otherwise defined herein. THE SUPPLEMENTAL AGREEMENT As additional time is required for Vendor II to obtain certain approvals/licences/ recordal confirmation for the Power Company (the “Relevant Documents”) which are required to be provided by Vendor II to Purchaser II as condition precedent to Power Completion (at which Hong Kong dollar equivalent of RMB14,262,000, being 10% of the consideration (the “1st Instalment of Consideration”) shall be paid by Purchaser II to Vendor II as the payment deadline is the Power Completion Date), on 8 January 2016 (after trading hours), Purchaser II entered into a supplemental agreement (the “Supplemental Agreement”) to the S&P II with Vendor II to amend certain terms and conditions of the S&P II. Changes to the Terms of the S&P II It was agreed under the Supplemental Agreement that
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SUPPLEMENTAL AGREEMENT TO THE SALE AND PURCHASE AGREEMENT. The Board was notified by the Vendors, that on 17 September 2012, the Vendors and the Guarantors entered into the Third Supplemental Agreement with the Investor. As stated in the announcement dated 15 July 2012, one of the conditions precedent of the Completion is to obtain confirmation from the SFC that no general offer obligation will arise on the Investor as a result of the acquisition of the Sale Shares pursuant to the Takeovers Code. Pursuant to the Third Supplemental Agreement, the parties agreed to replace such condition precedent in its entirety with “from the date of the Sale and Purchase Agreement to the date of Completion, no advice or notice is received from the SFC that the general offer obligation will arise on the Investor as a result of the acquisition of the Sale Shares pursuant to the Takeovers Code”. COMPLETION OF DISPOSAL OF SALE SHARES The Board also announces that as informed by the Vendors, namely, Kingom Power and Xxxxxxx Investments, the conditions precedent to the Sale and Purchase Agreement have been fulfilled by the relevant parties and Completion took place on 17 September 2012 after the trading hours. Immediately after Completion, Kingom Power and Winwett Investments are interested in 643,720,000 Shares and 413,820,000 Shares, respectively, representing 28.0% and 18.0% of the issued share capital of the Company as of the date of this announcement, and have ceased to be controlling shareholders of the Company. After Completion, the Investor is interested in 666,710,000 Shares, representing 29.0% of the issued share capital of the Company and has become the single largest shareholder of the Company.
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SUPPLEMENTAL AGREEMENT TO THE SALE AND PURCHASE AGREEMENT. On 29 September 2014 (after trading hours), the Company, the Vendor and the Vendor Guarantor entered into a supplemental agreement to the Sale and Purchase Agreement (the “Supplemental Agreement”) to amend certain terms of the Sale and Purchase Agreement. The principal amendments contemplated under the Supplemental Agreement are set out as follows:
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Related to SUPPLEMENTAL AGREEMENT TO THE SALE AND PURCHASE AGREEMENT

  • Amendment to Purchase Agreement The Purchase Agreement is hereby amended as follows:

  • Supplemental Agreement If the State finds that the work does constitute additional work, the State shall so advise the Engineer and a written supplemental agreement will be executed as provided in General Provisions, Article 6,

  • Amendments to the Purchase Agreement The Purchase Agreement is hereby amended as follows:

  • The Purchase Agreement This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.

  • Asset Purchase Agreement The transactions contemplated by the Asset Purchase Agreement shall have been consummated.

  • Sales and Supplemental Agreements The terms of the specific TIPS order, including but not limited to: shipping, freight, insurance, delivery, fees, bonding, cost, delivery expectations and location, returns, refunds, terms, conditions, cancellations, order assistance, etc., shall be controlled by the purchase agreement (Purchase Order, Contract, Invoice, etc.) (hereinafter “Supplemental Agreement”) entered into between the TIPS Member Customer and Vendor only. TIPS is not a party to any Supplemental Agreement. All Supplemental Agreements shall include Vendor’s Name, as known to TIPS, and TIPS Contract Name and Number. Vendor accepts and understands that TIPS is not a legal party to TIPS Sales and Vendor is solely responsible for identifying fraud, mistakes, unacceptable terms, or misrepresentations for the specific order prior to accepting. Vendor agrees that any order issued from a customer to Vendor, even when processed through TIPS, constitutes a legal contract between the customer and Vendor only. When Vendor accepts or fulfills an order, even when processed through TIPS, Vendor is representing that Vendor has carefully reviewed the order for legality, authenticity, and accuracy and TIPS shall not be liable or responsible for the same. In the event of a conflict between the terms of this TIPS Vendor Agreement and those contained in any Supplemental Agreement, the provisions set forth herein shall control unless otherwise agreed to and authorized by the Parties in writing within the Supplemental Agreement.

  • Agreement to Purchase and Sell On the terms and subject to the conditions set forth in this Agreement, each Originator, severally and for itself, agrees to sell to the Buyer, and the Buyer agrees to purchase from such Originator, from time to time on or after the Closing Date, but before the Purchase and Sale Termination Date (as defined in Section 1.4), all of such Originator’s right, title and interest in and to:

  • Terms of the Purchase Agreement The terms of the Purchase Agreement, including but not limited to Assignor's representations, warranties, covenants, agreements and indemnities relating to the Assumed Liabilities, are incorporated herein by this reference. Assignor acknowledges and agrees that the representations, warranties, covenants, agreements and indemnities contained in the Purchase Agreement shall not be superseded hereby but shall remain in full force and effect to the full extent provided therein. In the event of any conflict or inconsistency between the terms of the Purchase Agreement and the terms hereof, the terms of the Purchase Agreement shall govern.

  • Amendments to Purchase Agreement 11. The parties agree that the Purchase Agreement shall be amended, solely with respect to the Mortgage Loans, as follows:

  • of the Purchase Agreement Section 2.5 of the Purchase Agreement is hereby amended and restated in its entirety to read as follows:

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