BECEE definition

BECEE. 北控清潔能源電力有限公司 (Beijing Enterprises Clean Energy Electricity Company Limited*), a company established in the PRC with limited liability and an indirect 60%-owned subsidiary of the Company as at the date of this announcement “Board” the board of Directors
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Examples of BECEE in a sentence

  • At the end of the lease period and subject to payments by ▇▇▇▇▇ of (i) all amounts due under the Finance Lease Agreement; and (ii) a nominal consideration of RMB10,000 for the Leased Assets, the ownership of the Leased Assets will be vested in the BECEE Group.

  • Pursuant to the Finance Lease Agreement, CRCC Leasing agreed to lease the Leased Assets to the BECEE Group for a term of 8 years.

  • The BECEE Group is principally engaged in the investment, development and operation of photovoltaic power generation projects.

  • The obligations of the Lessees under the Finance Lease Agreement shall be secured by, among others, (a) pledges of the 100% equity interests in the Lessees (apart from BECEE); (b) a corporate guarantee from the Company; and (c) pledges on the electricity bill receivables by the Lessees (apart from BECEE).

  • Pursuant to the Finance Lease Agreement, the total estimated aggregate lease payments payable by BECEE to CRCC Leasing shall be RMB571,109,043, being the principal lease cost of RMB450,000,000 plus the estimated aggregate interest of RMB121,109,043.

  • The Leased Assets would then be leased to the BECEE Group for a term of 8 years.

  • BECEE shall pay to CRCC Leasing handling and other fees in the sum of RMB25,942,500, among which, an amount of RMB13,500,000 shall be settled prior to the payment of the consideration for the Leased Assets by CRCC Leasing, and the remaining balance of RMB12,442,500 shall be settled in seven equal annual instalments during the lease period.

  • Pursuant to the Finance Lease Agreement, CRCC Leasing shall purchase the Leased Assets from the BECEE Group for a total consideration of RMB450,000,000.

  • The obligations of BECEE under the Finance Lease Agreement shall be secured by, among others, (a) pledges of the entire equity interests in each of the companies under the BECEE Group; (b) a corporate guarantee from the Company; (c) pledges on the Leased Assets; and (d) pledges on the electricity bill receivables by the BECEE Group.

  • BECEE is principally engaged in the investment, development, construction, operation and management of photovoltaic power plants and other power-related businesses.

Related to BECEE

  • Becquerel (Bq) means the SI unit of activity. One becquerel is equal to 1 disintegration or transformation per second (dps or tps).

  • PEI means Petroleum Equipment Institute.

  • IMRO means the Irish Music Rights Organisation CLG.

  • CEE means “Canadian exploration expense” as such term is defined in subsection 66.1(6) of the Tax Act;

  • POPIA means the Protection of Personal Information Act 4 of 2013;