Examples of Shenzhen Subsidiary in a sentence
On 4 February 2020, Shenzhen Subsidiary, Chengdu Partner and Chengdu Landlord entered into Supplemental Chengdu Tenancy Agreement to reduce the monthly rents under the tenancy agreement for Chengdu Property.
In order to secure places for establishment of the hotels, on 24 January 2020, Shenzhen Subsidiary, Chengdu Partner and Wuhan JV also entered into the Tenancy Agreements with Chengdu Landlord and Wuhan Landlord, for term of around 12 years and 15 years respectively.
As mentioned in the Company’s announcement dated 4 February 2020, Shenzhen Subsidiary, Chengdu Partner and Chengdu Landlord entered into a supplemental agreement (“Supplemental Chengdu Tenancy Agreement”) to reduce the monthly rents under the tenancy agreement for Chengdu Property.
Annual Report 2019二零一九年年報In addition, Shenzhen Subsidiary, Chengdu Partner and Wuhan JV also entered into the Tenancy Agreements with the landlord of a property (“Chengdu Property”) situated in Chengdu, the PRC, (“Chengdu Landlord”) and the landlord of a property (“Wuhan Property”) situated in Wuhan, the PRC, (“Wuhan Landlord”) for term of around 12 years and 15 years respectively.
External Unforced Capacity combined with UDRs and sold in a NYISO-administered Installed Capacity Auction will not require the allocation of External Installed Capacity Import Rights.
The amount of concession rights represents the fair value of contractual rights stated in the cooperation agreements that Shenzhen Subsidiary entered into with several lottery issuing centres for providing software system and technical service upon the acquisition of Pearl Sharp Limited as detailed in note 37(b).
Deposit : Shenzhen Subsidiary and Chengdu Partner shall pay RMB400,000 to Chengdu Landlord within 20 business days after the date of the Chengdu Tenancy Agreement and another RMB400,000 upon one year from the effective date of the Chengdu Tenancy Agreement as guarantee of the due performance and observance by Shenzhen Subsidiary and Chengdu Partner of their obligations throughout the term of the tenancy.
The Shenzhen Subsidiary is validly existing, authorized to exercise all its corporate powers and is in good standing in Shenzhen.
If the Wuhan Distributable Amount exceeds 24% of the total capital commitment of Wuhan JV, both parties shall share the Wuhan Distributable Amount (other than those amounts which will firstly be distributed to Shenzhen Subsidiary and Wuhan Partner under the aforesaid arrangement) according to their respective interests in Wuhan JV.
ENTERING INTO OF THE TENANCY AGREEMENTS In order to secure places for establishment of the Hotels, after the trading hours of the Stock Exchange on 24 January 2020, Shenzhen Subsidiary and JV Partners also entered into the Tenancy Agreements with the Landlords for two commercial properties located in Chengdu and Wuhan, the PRC, for term of around 12 years and 15 years respectively.