Purchase Caps definition

Purchase Caps for the purpose of Chapter 14A of the Listing Rules, means the annual caps of HK$1,700 million, HK$2,200 million and HK$2,700 million for each of the three financial years ending 31 December 2019, 2020 and 2021 respectively in respect of the Purchase Transactions; “Purchase Transactions” the purchases of electronic components and distribution of SHARP products and distribution of other brand products under the Hon Hai Group by the Group under the Conditional Master Agreement;
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Purchase Caps the maximum annual purchases amounts as set out in the Master Purchases Agreement
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Purchase Caps for the purpose of Chapter 14A of the Listing Rules, means the annual caps of HK$2,600 million, HK$3,000 million and HK$3,500 million for each of the three financial years ending 31 December 2022, 2023 and 2024 respectively in respect of the Purchase Transactions; “Purchase Transactions” the purchases of electronic components and products made by SHARP and other brand products under the Hon Hai Group by the Group from Hon Hai Group under the Conditional Master Agreement; “S.A.S. Microelectronics” S.A.S. Microelectronics Company Limited (時保晶電有限公司), a limited company incorporated in Hong Kong and a wholly owned subsidiary of the Company; “Sale Caps” for the purpose of Chapter 14A of the Listing Rules, means HK$3,200 million, HK$3,700 million and HK$4,300 million for each of the three financial years ending 31 December 2022, 2023 and 2024 respectively in respect of the Sale Transactions;
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Examples of Purchase Caps in a sentence

  • As the highest applicable percentage ratios in respect of the Proposed Purchase Caps is higher than 0.1% but less than 5%, the New Master Purchase Agreement and the transactions contemplated thereunder are subject to the reporting, announcement and annual review requirements but are exempt from the circular (including independent financial advice) and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.

  • The Purchase Caps for each of the three years ending 31 December 2013 will be HK$155 million, HK$202 million and HK$263 million respectively.

  • Employee agrees that for a period of three months commencing on the date of this Agreement, Employee shall make himself available to act in an advisory capacity for Employer in connection with various areas of Employer's business, including advising Employer on a search for a new Chief Executive Officer.

  • The Independent Board Committee will form its view in respect of the Purchase Transactions contemplated under the 2025-2027 Mutual Supply Agreement and the 2025-27 Purchase Caps after obtaining and considering the advice from Gram Capital.

  • The Company will convene the EGM for the Independent Shareholders to consider and, if thought fit, approve the New Framework Agreement and the New PMM Purchase Caps thereunder.

  • As the Continuing Connected Transactions constitute continuing connected transactions and the applicable Percentage Ratios for the Purchase Caps and the Sale Caps are expected to exceed 5% on an annual basis, the Continuing Connected Transactions constitute non-exempted continuing connected transactions of the Company and the Conditional Master Agreement and the Caps are subject to the announcement and the reporting and independent shareholders’ approval requirements under Rule 14A.35 of the Listing Rules.

  • As such, CRH and its associates shall abstain from voting on the ordinary resolution(s) approving the New Framework Agreement and the New PMM Purchase Caps thereunder at the EGM.

  • An Independent Board Committee has been formed to advise the Independent Shareholders on the Supplemental Master Purchases Agreement and the Revised Annual Purchase Caps and an independent financial adviser will be appointed to advise and make recommendations to the Independent Board Committee and the Independent Shareholders in this regard.

  • A SGM will be convened and held to approve the Master Sales Agreements and the Sales Caps, the Master Purchases Agreement and the Purchase Caps, and the transactions contemplated thereunder.

  • As the Continuing Connected Transactions constitute continuing connected transactions and the applicable percentage ratios for the Purchase Caps and the Sale Caps are expected to exceed 5% on an annual basis, the Continuing Connected Transactions constitute non- exempted continuing connected transactions of the Company and the Conditional Master Agreement and the Caps are subject to the announcement, reporting and independent shareholders’ approval requirements under Rule 14A.35 of the Listing Rules.

Related to Purchase Caps

  • Purchase Contract means, with respect to any Unit, the contract forming a part of such Unit and obligating the Company to (i) sell, and the Holder of such Unit to purchase, shares of Common Stock and (ii) pay the Holder thereof Contract Adjustment Payments, in each case on the terms and subject to the conditions set forth in Article 5 hereof.

  • Purchase Contract Agreement has the meaning specified in the Recitals.

  • Purchase Commitment has the meaning set forth in Section 1.02(a).

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.