Examples of Tenancy Agreement B in a sentence
Accordingly, the transactions contemplated under the Tenancy Agreement B constitute continuing connected transactions for the Company under Chapter 14A of the Listing Rules.
Pursuant to the Tenancy Agreement B, New Era China agreed to lease to Boss China an office premise for a term of 48 months commencing on 1 January 2010, Boss China shall pay a deposit of RMB90,000 (equivalent to approximately HK$115,000) and a monthly rental of RMB43,000 to New Era China with no rent free period.
As the highest applicable percentage ratio relating to the Annual Cap for the continuing connected transactions contemplated under the Tenancy Agreement B, when aggregated with the Previous Jiangxi Transactions, exceeds 0.1 % but is less than 5%, the continuing connected transactions under the Tenancy Agreement B are subject to the reporting, announcement and annual review requirements but exempt from circular and independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.
Tenancy Agreement B As at the date of this announcement, Jiangxi Jingxing is a connected subsidiary of the Company.
Rental deposit : A rental deposit of approximately HK$0.16 million,under Tenancy Agreement B in respect of Lease B.
Given that the Existing CCT Agreements will expire on 31 December 2021 and the continuing connected transactions contemplated thereunder will continue on an on-going basis, on 31 December 2021, the 2022 Lesso Master Supply Agreement, the 2022 Tenancy Agreement A, the 2022 Tenancy Agreement B, the 2022 Tenancy Agreement C and the 2022 Engineering Service Agreement were entered into by the respective parties thereto.
The estimated values of the right-of-use assets to be recognized by the Group under the Renewal Tenancy Agreement A and Renewal Tenancy Agreement B are approximately HK$5,223,939 and HK$4,542,556 respectively (HK$9,766,495 in total).
The Directors (including the independent non-executive Directors) are of the view that the terms of each of the New Master Supply Agreement, the Tenancy Agreement A and the Tenancy Agreement B are on normal commercial terms, in the ordinary and usual course of business of the Group and are fair and reasonable to the Group and in the interests of the Shareholders and the Group as a whole.
These configurations are not always exclusive, and the same digital music platform can use several of these at the same time.73On-demand streaming services allow consumers to choose when and where to consume music, either selecting an individual track, a playlist or letting the digital music service carry out the selection in an enterprise playlist according to data derived from the consumer’s profile or marketing campaigns.
The monthly rent under Tenancy Agreement B is HK$128,000 and the term will end on 16 June 2023.