Existing Cap definition

Existing Cap has the meaning ascribed to it under the section headed “Basis and reasons for the Transaction and the New Cap” of this announcement;
Existing Cap means each interest rate cap hedging agreement entered into before the date of this Agreement in respect of interest rate exposures relating to the Existing Facility.
Existing Cap means ISDA Master Agreement entered into by Borrower with ▇▇▇▇▇ Fargo Bank, dated as of June 28, 2011, and the rate confirmation letter, dated July 8, 2011, referring to trade number 8671012.

Examples of Existing Cap in a sentence

  • With the revision of the Existing Cap and the New Cap, the Group will continue to benefit from the stable electricity supply at a fair, reasonable and competitive price, which in turn will assist in stabilizing the operating cost of the Group.

  • Save for the revision of the Existing Cap to the Revised Cap, all other terms and conditions of the Procurement of Cement Admixtures (Grinding Aids) Contract as disclosed in the April 2021 Announcement remain the same and in full force and effect.

  • Since the New Electricity Transaction Agreement will supersede the Original Electricity Transaction Agreement as supplemented by the Supplemental Agreement and its term will expire on 30 June 2022, the Existing Cap for 2023 will cease to apply.

  • Reference is made to the announcement of the Company dated 30 December 2021, which announced that GDH Zhongyue, a wholly-owned subsidiary of the Company, entered into the Original Electricity Transaction Agreement with GDH Energy Service, a subsidiary of GDI, where the Existing Cap was set.

  • Reference is made to the announcement of the Company dated 29 December 2022, which announced that GDH Zhongyue, a wholly-owned subsidiary of the Company, entered into the Old Electricity Transaction Agreement with GDH Energy Service, an indirect subsidiary of GDI, in relation to the purchase of electricity by GDH Zhongyue (through the power grid operated by Guangdong Power Grid) from GDH Energy Service, where the Existing Cap was set.

  • Where Service Provider increases functionality in the Services, such functionality shall be provided to SVCE without any increase in the Services Fees.

  • Revision of the aggregate transaction amount as contemplated under the Supplemental Contract relate only to the revision of the maximum transaction amount for the period from 1 April 2021 to 31 December 2021 from RMB600,000,000, i.e. the Existing Cap, to RMB770,000,000, i.e. the Revised Cap.

  • The contractual amount of service fees in relation to the Existing Property Management Services Agreements entered into between the Group and the Yuehai Property Management Group under the Existing Framework Agreement payable for the period from 1 January 2024 to 9 May 2024 was approximately RMB105,437,000, representing 88% of the relevant Existing Cap for that period under the Existing Framework Agreement, but has not exceeded the relevant Existing Cap for that period (i.e. RMB120,000,000).

  • The Board announces that on 28 April 2023, GDH Zhongyue and GDH Energy Service have entered into the New Electricity Transaction Agreement for the Transaction pursuant to which the Existing Cap is revised and New Cap is set.

  • Seller shall be responsible for paying such Existing Cap Ex Obligations which work will be performed by or on behalf of Buyer.


More Definitions of Existing Cap

Existing Cap the existing maximum transaction amount of

Related to Existing Cap