THIRD SUPPLEMENTAL AGREEMENT Sample Clauses

THIRD SUPPLEMENTAL AGREEMENT. Pursuant to the Disposal Agreement (as amended and supplemented by the supplement agreement dated 27 February 2015 and 10 September 2015 and entered into among the Vendor, the Purchaser, the Company and the Guarantor (the “Supplemental Agreements”)), the Purchaser shall provide or procure the provision of the Properties as securities for its payment obligation of the Consideration Balance and the interest thereon. The registration of charges on the Properties has been completed on 26 February 2015 (the “Charge Date”). In support of the future development of the Group, the Purchaser agreed to early repay another sum of HK$100,000,000 on the date of signing the third supplemental agreement. Considered that the Purchase agreed to early repay the Consideration Balance before the due dates, the charges on the Properties for its payment obligation could be partially early released. Therefore, the Vendor, the Purchaser, the Company and the Guarantor entered into a supplemental agreement in respect of the Disposal Agreement (as amended and supplemented by the Supplemental Agreements) on 22 October 2015 to allow the Purchaser to partially release the charges on the Properties provided the value of the remaining charged Properties should at all times in excess of the outstanding Consideration Balance at a ratio not less than that as at the Charge Date. Save for the above, all other terms and conditions of the Disposal Agreement (as amended and supplemented by the Supplemental Agreements) shall remain unchanged and continue in full force and effect. The Purchaser has requested the Vendor to release the charge on the following properties:
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THIRD SUPPLEMENTAL AGREEMENT. The Board of the Company refers to the Company’s announcements on 3 August 2015 (the “SPA Announcement”), 30 May 2016 and 1 July 2016 in relation to the entry by the Company into a Share Purchase Agreement dated 30 July 2015, the Supplemental Agreement dated 30 May 2016 and the Second Supplemental Agreement dated 1 July 2016 with the Vendors in relation to the Proposed Acquisition (collectively, the “Previous Announcements”). Further to the Previous Announcements, the Board wishes to announce that the Company has on 3 October 2016 entered into a third supplemental agreement with the Vendors to amend certain terms of the Share Purchase Agreement (the “Third Supplemental Agreement”). The salient terms of the Third Supplemental Agreement are set out in the paragraphs below.
THIRD SUPPLEMENTAL AGREEMENT. Further to the Announcements, the Board of Directors of Sinobest Technology Holdings Ltd. wishes to announce that the Company and the Vendor (collectively, the “Parties”) had, on 27 December 2012, entered into a third supplemental agreement (the “Third Supplemental Agreement”) to vary the terms and conditions of the Conditional Sale and Purchase Agreement (“SPA”) dated 4 July 2011, inter alia, as follows:
THIRD SUPPLEMENTAL AGREEMENT. 2.1 Pursuant to the S&P Agreement, the Purchaser is obliged to pay: (a) by 24 November 2018, the Second Instalment of approximately RMB152.1 million1 (approximately S$30.1 million), out of which RMB15.1 million (approximately S$3.0 million) shall be paid by utilising part of the Replacement Deposit; and

Related to THIRD SUPPLEMENTAL AGREEMENT

  • 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,

  • 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.

  • Supplemental Agreements The TIPS Member entity participating in the TIPS Agreement and awarded Vendor may enter into a separate Supplemental Agreement or contract to further define the level of service requirements over and above the minimum defined in this Agreement such as but not limited to, invoice requirements, ordering requirements, specialized delivery, etc. Any Supplemental Agreement or contract developed as a result of this Agreement is exclusively between the TIPS Member entity customer and the Vendor. TIPS, its agents, TIPS Members and employees not a party to the Supplemental Agreement with the TIPS Member customer, shall not be made party to any claim for breach of such agreement unless named and agreed by the Party in question in writing in the agreement. If a Vendor submitting a Proposal requires TIPS and/or TIPS Member to sign an additional agreement, those agreements shall comply with the award made by TIPS to the Vendor. Supplemental Vendor’s Agreement documents may not become part of TIPS’ Agreement with Vendor unless and until an authorized representative of TIPS reviews and approves it. TIPS review and approval may be at any time during the life of this Vendor Agreement. TIPS permits TIPS Members to negotiate additional terms and conditions with the Vendor for the provision of goods or services under the Vendor’s TIPS Agreement so long as they do not materially conflict with this Agreement. Survival Clause All applicable sales, leases, Supplemental Agreements, contracts, software license agreements, warranties or service agreements that were entered into between Vendor and TIPS or the TIPS Member Customer under the terms and conditions of this Agreement shall survive the expiration or termination of this Agreement. All Orders, Purchase Orders issued or contracts executed by TIPS or a TIPS Member and accepted by the Vendor prior to the expiration or termination of this agreement, shall survive expiration or termination of the Agreement, subject to previously agreed terms and conditions agreed by the parties or as otherwise specified herein relating to termination of this agreement.

  • TIPS Sales and Supplemental Agreements If awarded, when making a sale under this awarded contract, 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, defects, order assistance, etc., shall be controlled by the purchase agreement (Purchase Order, Contract, AIA Contract, Invoice, etc.) (“Supplemental Agreement” as used herein) 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. The Supplemental Agreement shall dictate the scope of services, the project delivery expectations, the scheduling of projects and milestones, the support requirements, and all other terms applicable to the specific sale(s) between the Vendor and the TIPS Member.

  • Amendment and Supplement Any amendment and supplement of this Agreement shall come into force only after a written agreement is signed by both parties. The amendment and supplement duly executed by both parties shall be part of this Agreement and shall have the same legal effect as this Agreement.

  • AMENDMENT AGREEMENT The Global Custody Agreement of January 3, 1994, (the “Custody Agreement”), as amended from time to time, by and between each of the Entities listed in Schedule A, as amended thereto, severally and not jointly (each such entity referred to hereinafter as the “Customer”) and JPMorgan Chase Bank, whose contracts have been assumed by JPMORGAN CHASE BANK (the “Bank”) is hereby further amended, as of February 10, 2010 (the “Amendment Agreement”). Terms defined in the Custody Agreement are used herein as therein defined.

  • Execution of Supplemental Agreements In executing, or accepting the additional agencies created by, any supplemental agreement permitted by this Article or the modifications thereby of the agencies created by this Agreement, the Agent shall be entitled to receive and (subject to Section 7.1) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of such supplemental agreement is authorized or permitted by this Agreement. The Agent may, but shall not be obligated to, enter into any such supplemental agreement which affects the Agent's own rights, duties or immunities under this Agreement or otherwise.

  • Contents of Agreement; Amendment and Assignment (a) This Agreement sets forth the entire understanding between the parties hereto with respect to the subject matter hereof and cannot be changed, modified, extended or terminated except upon written amendment approved by the Board and executed on its behalf by a duly authorized officer and by Executive.

  • Rental Agreement All of the Roommates agree to be bound by all of the terms of the Rental Agreement.

  • Amendment and Assignment of Agreement This Agreement may not be amended or assigned without the affirmative vote of a majority of the outstanding voting securities of the Fund, and this Agreement shall automatically and immediately terminate in the event of its assignment.

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