Hang Seng Facility definition

Hang Seng Facility means the Facility Agreement, dated October 11, 2001, between QPL and Hang Seng.
Sample 1

Examples of Hang Seng Facility in a sentence

  • Certain applicable percentage ratios under Rule 14.07 of the Listing Rules in respect of the aggregate of the Hang Seng Facility and the HSBC Facility exceed 5%.

  • The Board (including the Independent Non-Executive Directors) have confirmed that the terms of the Facility Agreement and the Security Documents are fair and reasonable, the Facility (including the Hang Seng Facility and the HSBC Facility) is on normal commercial terms, in the ordinary and usual course of business of the Hysan Group and in the interests of the Hysan Group and its shareholders as a whole.

  • REASONS FOR THE FACILITY AGREEMENT The Facility serves to finance the costs of land premium, construction cost and all related costs to be incurred for the Project.The terms of the Facility Agreement (covering the terms of the Hang Seng Facility and the HSBC Facility) and the Security Documents have been determined after arm’s length negotiations with the Lenders and on normal commercial terms.

  • None of the Directors has a material interest in the Hang Seng Facility or the HSBC Facility.

  • The Hang Seng Facility and the HSBC Facility under the Facility Agreement constitute connected transactions of the Company.

  • DESCRIPTION OF OTHER MATERIAL INDEBTEDNESS The following is a description of the Group’s material indebtedness other than the Notes, the Hang Seng Facility Agreement and the NCB Loan, which are to be repaid on or prior to closing of the offering.

Related to Hang Seng Facility

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Tanning facility means a place that provides access to tanning devices for compensation.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Clean coal SNG facility means a facility that uses a

  • Outsourcing facility means a facility that is engaged in the compounding of sterile drugs and is currently registered as an outsourcing facility with the U.S. Secretary of Health and Human Services and that complies with all applicable requirements of federal and state law, including the Federal Food, Drug, and Cosmetic Act.

  • Holding facility means a designated area for the retention of

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Dry cleaning facility means an establishment with one or more dry cleaning systems.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Recycling Facility means equipment used by a trade or business solely for recycling:

  • Cannabis processing facility means a person that:

  • Qualifying Facility means an electric energy generating facility that complies with the qualifying facility definition established by PURPA and any FERC rules as amended from time to time (18 Code of Federal Regulations Part 292, Section 292.203 et seq.) implementing PURPA and, to the extent required to obtain or maintain Qualifying Facility status, is self-certified as a Qualifying Facility or is certified as a Qualified Facility by the FERC.

  • Wireless facility means equipment at a fixed location that enables wireless communications

  • Micro wireless facility means a small cell facility that is not larger in dimension than 24 inches in length, 15 inches in width, and 12 inches in height and that has an exterior antenna, if any, not longer than 11 inches.

  • Air navigation facility means any facility, other than one owned and operated by the United States, used in, available for use in, or designed for use in aid of air navigation, including any structures, mechanisms, lights, beacons, markers, communicating systems, or other instrumentalities or devices used or useful as an aid, or constituting an advantage or convenience to the safe taking off, navigation, and landing of aircraft, or the safe and efficient operation or maintenance of an airport, and any combination of any or all of such facilities.

  • Processing facility means an establishment that prepares, treats, or converts tangible personal property into finished goods or another form of tangible personal property. The term includes a business engaged in processing agricultural, aquacultural, or maricultural products and specifically includes meat, poultry, and any other variety of food processing operations. It does not include an establishment in which retail sales of tangible personal property are made to retail customers.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Marijuana testing facility means an entity licensed to analyze and certify the safety and potency of marijuana.

  • Composting facility means a site, location, tract of land, installation, or building used for composting of solid waste in accordance with Chapter 3734. of the Revised Code and rules adopted thereunder. The composting facility includes the area of materials placement and any leachate management system structures.

  • Cogeneration facility means a power plant in which the heat or steam is also used for industrial or commercial heating or cooling purposes and that meets Federal Energy Regulatory Commission standards for qualifying facilities under the Public Utility Regulatory Policies Act of 1978 (16

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Generating Facilities means Interconnection Customer’s device for the production and/or storage for later injection of electricity identified in the Interconnection Request, but shall not include the Interconnection Customer’s Interconnection Facilities. Generation Interconnection Customer:

  • Cannabis testing facility means an entity registered by

  • Nursing facility means an institution as defined in Iowa Code chapter 135C. This definition does not include acute care settings.

  • Stand Alone System Upgrade Facilities means System Upgrade Facilities that a Developer may construct without affecting day-to-day operations of the New York State Transmission System during their construction. NYISO, the Connecting Transmission Owner and the Developer must agree as to what constitutes Stand Alone System Upgrade Facilities and identify them in Appendix A to this Agreement.