Continue to perform Notwithstanding the existence of a dispute, the parties agree to continue to perform their obligations under the Agreement, unless the nature of the dispute renders it impossible to do so.
Continue to consider the long-term ecological and biological impacts of plant species choice to ensure the functional, operational, environmental, and visual roles of the roadside. Specify species that provide quick canopy coverage and rapid cover of the ground.
Continue to fully leverage on the integrated strengths of coal and power businesses, synergy effects between companies and optimize resource allocation Upon two sets of 600,000 KW domestic supercritical coalfired air-cooling generating units for Phase I of Hudian Company and the project on quality advancement of lignite of Clean Coal Company are put into operation, the synergy effects in the coal and power business among Shenbao Company, Hudian Company and Clean Coal Company will be fully leveraged. Coal resources required by Clean Coal Company will be entirely provided by Shenbao Company while Hudian Company’s two power plants for the Phase I with a capacity of 600,000KW are proximate to the mouth of Opencast Mine of Shenbao Company. Coal required for power generation by such power plants will be entirely derived from the lignite produced by Shenbao Company, which will be directly transported into the mine-mouth power plants through conveyor belts. On the one hand, this approach could firmly secure the coal resources required by Clean Coal Company and Hudian Company, reduce the investments into, and expenditure on, the construction of coal mines, shorten the transportation distance, conserve transportation resources and enjoy a competitive edge in terms of the prices for coal procurement. On the other hand, the approach could also boost the development of lignite business for Shenbao Company, secure its long-term clients, reduce external sales pressure, enhance the quality of lignite, expand the applications of lignite, and promote the upgrading of coal business. The mode of synergistic operation between Shenbao Company and Hudian Company is in line with the Company’s business model to integrate coal and power business. Meanwhile, the cooperation among Shenbao Company, Hudian Company and Clean Coal Company will fully leverage on the synergy effects in the resources and lower the administrative cost of the parties, and will also generate additional revenue for the Company upon the completion of this acquisition and the commencement of operations of related projects.
Continue to. Balance Computation Method. For all dividend-bearing Accounts, dividends are calculated by the daily balance method which applies a daily periodic rate to the principal in Your Account each day. Accrual on Noncash Deposits. For all dividend-bearing Accounts, dividends will begin to accrue on the business day that You place noncash items (e.g. checks) into Your Account.
