Transaction Description Sample Clauses

Transaction Description. Xxxx Pay debits from your checking account will be identified online and on your periodic statement as a “Descriptive Withdrawal” along with Payee information.
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Transaction Description. Bidders are required to submit their Proposals in individually sealed envelopes/packages comprising (1) a Technical Proposal and (2) a Financial Proposal, along with all further documentation required in Section 4; • Xxxxxxx organized as a Consortium have to submit a Consortium agreement signed amongst all Consortium Members designating the Consortium Leader and specifying the roles of each Consortium Member. A notarized power of attorney by virtue of which each Consortium Member authorizes the Consortium Leader to represent the Consortium and the Consortium Members, sign on their behalf and bind them jointly and severally should be submitted with the Consortium agreement. The notarized power of attorney should be established before a Public Notary in Lebanon and, if established abroad, should be legalized and authenticated by the Lebanese Embassy in the country where it was established; 1 The Business Plan will not be scored in the frame of the award process, however, as a technical Qualification Criterion, it is expected that Bidders outline their respective approaches to the different fields of the envisaged container terminal management, operation and maintenance contract. It should therefore reflect a description of Bidders’ understanding of the scope and their approach to delivering the management, operation and maintenance services. • After the Submission Deadline, the Evaluation Committee will conduct a transparent evaluation process by assessing, successively, the fulfillment of the Eligibility Criteria, the Qualification Criteria, the Technical Proposal and the Financial Proposal; • In the frame of the assessment of the technical Qualification Criteria, the Business Plan submitted by Bidders will be assessed upon its plausibility, reasonable approach and development, mission and vision of the Bidder and although not being subject to a scoring exercise, it should reflect the understanding of the Bidders of the scope of expected services and their approach to meet the expectations; • The Evaluation Committee will establish a ranking of all Proposals which will be headed by the one containing the lowest Container Handling Fee proposed by the Bidders; • Based on the established ranking, the Preferred Bidder will be identified and invited to initiate the procedure leading to the signature of the Contract; • The effectiveness of the Contract is subject, inter alia to the incorporation of a joint stock company in accordance with Section 5.5, the submiss...
Transaction Description. 1.1 Subject to the terms and conditions of the Lease to be negotiated and entered into between the parties, CommerceFirst will lease approximately SEVEN THOUSAND EIGHT HUNDRED FIFTY (7,850) square feet (exclusive of the Boiler Room) of space, more or less (the exact square footage to be determined upon execution of a final Lease Agreement) (the "Demised Space") on the first floor in the building located at 0000 Xxxx Xxxxxx xx Xxxxxxxxx, Xxxxxxxx (the "Building"). The Demised Space will be located at the easterly end of the building at the front corner and will correspond approximately to the space identified on the attached Exhibit 1.1, "PROPOSED FIRST FLOOR PLAN as prepared by Alt Breeding Xxxxxxx Architects. The Demised Space will be used by CommerceFirst for general corporate offices and for branch and other banking activities of the Bank.
Transaction Description description delivered to the Customer by the Bank constituting an appendix to these Terms and Conditions, containing description of specific Transactions selected by the Customer executed under the Master Agreement.
Transaction Description. The Fund shall, through the Underlying Agreements, engage PREA to (1) complete construction of the Building; (2) sublease the office space therein to good and reputable Tenants; and (3) manage the Building.
Transaction Description. The Borrower intends to directly or indirectly acquire the Target. In order to effect the foregoing: 1. the Borrower intends to (a) issue multiple series of debt securities with an aggregate principal amount of up to $19,000,000,000 (or at the Borrower’s option, the US Dollar equivalent thereof) through one or more private placements or public offerings (the “Notes”), (b) obtain term loans under the Credits, (c) obtain in lieu of some or all of the financings and amendment described in clauses (a) and (b) above, a senior unsecured bridge loan facility in an aggregate principal amount of $19,000,000,000 (or at the Borrower’s option, the US Dollar equivalent thereof) (the “Bridge Facility”) and (d) obtain a new unsecured revolving credit facility in an aggregate principal amount of $4,000,000,000 (the “Revolving Facility”); 2. the Borrower will apply the proceeds of the financings described in clauses (a) through (c) of paragraph 1 above, together with cash on hand, to (i) pay, directly or indirectly, the aggregate cash consideration for its direct or indirect acquisition of all of the issued and outstanding equity interests of the Target in accordance with the terms of the Acquisition Agreement and (ii) to repay in full, directly or indirectly, existing indebtedness of the Target and its Subsidiaries outstanding under the Target Credit Agreement (such repayment collectively, the “Refinancing”); 3. the Borrower will, directly or indirectly, pay the costs and expenses related to the Acquisition and the other Transactions referred to in this Schedule I; and 4. the Borrower may elect, at its sole option, as soon as practicable following the consummation of the Acquisition to effect one more of the foregoing steps: (a) the Target and any intermediate holding companies may be continued into British Columbia; (b) if continued as described in item (a) above, the Target and any such intermediate holding companies may be amalgamated pursuant to one or more amalgamations to form an amalgamated entity under the laws of British Columbia; and (c) if amalgamated pursuant to such amalgamation or amalgamations described in item (b) above, the amalgamated entity formed pursuant thereto may be amalgamated with or wound up into the Borrower or a direct or indirect wholly owned subsidiary of the Borrower. (the foregoing transactions, collectively, the “Transactions”).
Transaction Description. Under this transaction, New Oriental Group shall provide goods to our Group, including education materials (such as published books and reading materials, teaching materials, tutorial questions and examination materials and student learning materials) and other resources (such as intelligent learning products and learning machines). For clarity, these transactions were previously described as falling into “provision of educational materials” and the portions of “provision of resources related to the livestream commerce business” and “provision of resources related to the intelligent learning products business” that are expenses in nature under the 2021 EDU Framework Agreements. Please refer to the Former Announcements for details of these former transactions. Pricing policy Our Group shall pay the New Oriental Group fees agreed between the parties on a fair and reasonable basis, based on factors including the costs of producing and licensing the materials, fees charged to third-party customers and fees charged by competitors for similar or comparable materials. Historical amounts and annual caps RMB Historical Amounts Annual caps FY 2020 FY 2021 FY 2022 FY 2023 Paid/payable by us 1,800,000 9,600,000 59,000,000 39,127,000 Reasons and basis for the FY 2023 annual cap In FY 2022, we began operating our new livestream commerce business. Certain of the education materials sold on, and resources used to help operate, our livestream commerce platform are sourced from New Oriental Group. The FY 2023 annual cap for this transaction is based on historical amounts and the availability of various materials from New Oriental Group, considering the anticipated business needs of our Group for the year and the product of: (i) the goods procured; (ii) the fixed item catalogue price; (iii) a bulk procurement discount, if any; (iv) the expected order volume for each type of goods procured; (v) the estimated projected market growth for our livestream commerce platform and intelligent learning products business; (vi) the fees charged, and change in rates of fees charged, by New Oriental Group to third-party customers for the same or similar resources (where applicable); and (vii) estimated increase in demand for a larger range of products offered through our livestream commerce platform and intelligent learning products business, as our product and service lines grow and improve.
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Transaction Description. Term Sheet ----------------------------------------------------------------------------------------------------------------------------- Structure: Merger of equals Tax-free exchange of common stock accounted for as a "pooling of interest" Cross options granted to each company for 19.9% of the other partner Exchange Ratio: Fixed exchange ratio of 1.50 Fidelity shares for each share of Glenway; Fidelity shares remain outstanding (FFOH - NMS) Pro Forma Diluted Shares Outstanding: 9 million
Transaction Description. On the Financial Closing Date (as defined below) (i) Highstar will acquire from ENA 100% of the ownership interests in NCPH (the “LLC Interests”) and (ii) the following agreements among ENA, Highstar and/or NCPH will also become effective (and notwithstanding anything herein to the contrary, such agreements shall be deemed to be economically effective from May 1, 2001): (A) certain financial xxxxxx to reduce Highstar's exposure to external market fluctuations in connection with the ownership and operation of the Assets; (B) an asset management agreement, whereby ENA will manage the Assets and market all available power generated thereby into the wholesale market; and (C) a brokerage agreement, whereby ENA will act as sole agent in connection with the Sale (as defined below) (collectively, the “Transactions”).
Transaction Description. On 19 January 2021, Cai Xxx Xxx Pharmacy, a wholly-owned subsidiary of our Company (as licensee), entered into a trademark licensing agreement (the “Cai Xxx Xxx Trademark Licensing Agreement”) (as supplemented by a supplemental agreement dated [●] 2021) with Xxx Xxx Xxx, a wholly-owned subsidiary of Baiyunshan (as licensor), pursuant to which Xxx Xxx Xxx agreed to irrevocably xxxxx Xxx Xxx Xxx Pharmacy a non-transferable license and to allow Xxx Xxx Xxx Pharmacy to use certain trademarks registered in China, principally under “Xxx Xxx Xxx ( 采 芝 林 )” series (the “Cai Xxx Xxx Trademarks”), at a consideration of 0.06% of the audited annual revenue of Xxx Xxx Xxx Pharmacy from the date of completion of the registration of change of shareholders of Xxx Xxx Xxx Pharmacy (i.e. 30 December 2020) until 31 December 2021. The consideration was determined in accordance with the trademark licensing management policies of Baiyunshan. For details of the licensed trademarks, please refer to sub-section headed “Appendix VI – Statutory and General Information – 2. Further Information about our Business – (B) Our Intellectual Property Rights” in this Document.
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