Service Framework definition
Examples of Service Framework in a sentence
In the event that any agreement between Party A and Party B is terminated or expires, Party A shall have the right (but shall not be obligated) to terminate all the agreements between Party A and Party B, including but not limited to the Exclusive Technology Consulting and Service Framework Agreement.
Therefore, Beijing CDT and Shenzhen CDT are connected persons of the Company and the transaction contemplated under the Service Framework Contract constituted a continuing connected transaction of the Company pursuant to the Listing Rules.
Unless otherwise specified, capitalized terms used herein shall have the same meaning as those defined in the Service Framework Agreement.
As at the date of this announcement, Rizhao Port Group and its associates are interested in 840,000,000 Domestic Shares, representing approximately 50.6% of the total issued share capital of the Company, and are required to abstain from voting on the relevant resolution approving the 2020–2022 Financial Service Framework Agreement, the proposed annual caps and the transactions contemplated thereunder at the AGM.
An Independent Board Committee comprising the independent non-executive Directors has been formed to advise the Independent Shareholders in respect of the 2020–2022 Financial Service Framework Agreement, the proposed annual caps and the transactions contemplated thereunder.
Party A and Party B have established certain business relation by execution of the Exclusive Technology Consulting and Service Framework Agreement and other relevant agreements, and Party B’s daily business activities will materially affect its ability to make corresponding payments to Party A.
In the event that the Parties agree for the Client to pay any of its fees under this Service Framework Agreement in Digital Currency, Client shall pay such amount of Digital Currency which, if converted into USD using the spot rate at the time of such payment (the “Return Spot Rate”), would be no less than the amount that the Service Provider would receive in USD.
Notwithstanding the above, the Service Provider shall have, at any time, the sole and absolute discretion to determine whether to accept a certain form of Fiat Currency, Digital Currency or other property for payment for any of the fees under this Service Framework Agreement.
The Directors (including the independent non-executive Directors) are of the view that the Service Framework Contract was entered into (i) in the ordinary and usual course of business of the Group; (ii) on normal or better commercial terms after arm’s length negotiation; and (iii) on terms that are fair and reasonable and in the interests of the Company and its shareholders as a whole.
This Change Order shall be subject to the terms and conditions of that certain Service Framework Agreement between BDI Pharmaceuticals and Sponsor.