Examples of Confirmatory Deed in a sentence
As Mr. Yeung, Mr. Lee and Mr. Luk no longer intend to be bound by the acting in concert arrangement with each other for the purpose of family wealth and estate planning regarding their respective interests in the Company, they have on 9 July 2018 entered into a deed of termination (the “Termination Deed”) to terminate the acting in concert arrangement under the Confirmatory Deed.
Leung and Mr. Ho entered into the Concert Parties Confirmatory Deed to acknowledge and confirm, among other things, that they are parties acting in concert with each of the members of the Group and continue as at and after the date of the Concert Parties Confirmatory Deed, details of which are set out in the paragraphs headed “History, reorganisation and corporate structure — Parties acting in concert” in the Prospectus.
It affirms that, jointly considered, the 1878 Agreement and the 1903 Confirmatory Deed would constitute an instrument for the permanent cession of territorial sovereignty over certain territories of North Borneo by the Sultan in favour of both Messrs.
On 27 October 2017, the Controlling Shareholders, namely Mr. Poon Kwok Wah Allan and Mr. Chan Ying Leung, entered into the Concert Parties Confirmatory Deed to acknowledge and confirm, amongst other things, that they are parties acting in concert in respect of each of the members of the Company.
To enter into a Confirmatory Deed once the Developer has acquired an interest in the Site.
The Board has adopted a Charter for the Committee which reflects the matters set out in the commentary and guidance to recommendation 2.4, a copy of which is available on Caltex’s web site.
These 389,673,000 Shares in which Mr. Zou Kang is interested consist of (i) 372,393,000 Shares held by Sky Donna, a company wholly-owned by Mr. Zou Kang, in which Mr. Zou Kang is deemed to be interested under the SFO; and (ii) 17,280,000 Shares in which Mr. Zou Kang is deemed to be interested as a result of being a party acting-in-concert with Ms. Zou Jian pursuant to the Concert Parties Confirmatory Deed.
By virtue of the SFO and the Concert Parties Confirmatory Deed, AGL and Mr. Lee are deemed to be interested in all the Shares held by AGL and GMTL.
The coefficients associated with the interaction terms represent the incremental effect of missing out on a reward (penalty) while ranking first (last).28 When we examine the opportunity effect of subjective penalties (opportunity gain) controlling for being ranked last, we continue to find a significant incremental effect on subsequent performance (β2 = 10.426, p<0.01), which confirms our prior conclusions about the opportunity effect of managerial discretion on workers’ subsequent performance.
By virtue of the SFO and the Concert Parties Confirmatory Deed, GMTL and Mr. Cheng are deemed to be interested in all the Shares held by GMTL and AGL.