Yida definition
Examples of Yida in a sentence
In consideration of the provision of the Loan to the Borrower under the Loan Agreement, the Guarantee Agreement was entered into in favour of the Lender, pursuant to which Yida Development (a wholly- owned subsidiary of the Company) agreed to provide a guarantee in favour of the Lender of the total guaranteed amount equivalent to the amount of the Loan.
The Yida Group is a conglomerate with interests in property development, construction and furnishing, equipment manufacturing, software park development, platform development for software and information services, and professional training and education.
As Yida (through its wholly-owned subsidiary) is a substantial shareholder of Richcoast, a subsidiary of the Company for the purposes of the Listing Rules, Yida is a connected person of the Company.
Pursuant to the Settlement Agreement, the Yida Parties have agreed, among others, to execute the Subordination Agreement under which Jiayu will covenant and agree that the obligation of any Yida Party to repay the shareholder loans lent by ▇▇▇▇▇ shall be subordinate and junior in right of payment to the prior payment in full of the Total Payment Obligation by the Obligors under the Settlement Agreement.
As Dalian Yida (through its wholly-owned subsidiary) is a substantial shareholder of Dalian Delan Software Development Co., Ltd., Dalian Jiadao Information Co., Ltd., Dalian Qiantong Science & Technology Development Co., Ltd.
The Company shall help to provide good business environment and shall not operate the same operation businesses as Yida Company does within the Service Areas.
Other than being a joint venture partner for the property development project of ▇▇▇▇▇▇ ▇▇▇▇▇▇ • Software Hub, to the best knowledge and belief of the Directors having made all reasonable enquiries, the Yida Group has no other relationship with the Group.
Pursuant to the Settlement Agreement, the Yida Parties have agreed to, among others, to execute the Company Share Charge by ▇▇▇▇▇▇, pursuant to which Jiayou will charge its 20% Shares in favour of the Aetos Parties.
Yida Company shall make the rental payment for the first half of the year to the Company before 31 January each year and make the rental payment for the second half of the year before 10 July each year.
Except for the managerial staff sent by the Company, Yida Company shall be responsible for recruiting its own staff and signing respective labour and employment contracts according to the relevant requirements of employment-related laws and regulations in Anhui Province.