Industrial Cracking C9 Supply Agreement Sample Clauses

Industrial Cracking C9 Supply Agreement. On 4 April 2023 (after trading hours), Sanjiang Chemical (an indirectly wholly-owned subsidiary of the Company) and Xxx Xx Petrochemical entered into the Industrial Cracking C9 Supply Agreement pursuant to which Sanjiang Chemical has agreed to supply Industrial Cracking C9 to Xxx Xx Petrochemical for the approximately three years ending 31 December 2025. LISTING RULES IMPLICATION Xxx Xx Petrochemical is owned as to approximately 82.85% by Xx. Xxxx indirectly through a number of investment-holding companies controlled by Xx. Xxxx. As Xx. Xxx is an executive Director and the spouse of Xx. Xxxx and Xx. Xxxx is a director and a controlling shareholder of Xxx Xx Petrochemical and a controlling Shareholder of the Company, Xxx Xx Petrochemical is therefore an associate of Xx. Xxxx and Xx. Xxx and is thus a connected person of the Company. As such, the transactions contemplated under each of the Propylene Sale and Purchase Agreement, Propane Sale and Purchase Agreement, Naphtha Sale and Purchase Agreement, Commissioned Processing and Rental Agreement, Liquefied Petroleum Gas Sale and Purchase Agreement, Mixed C4 Supply Agreement and Industrial Cracking C9 Supply Agreement constitute a continuing connected transaction of the Company under Chapter 14A of the Listing Rules. Pursuant to Rule 14A.81 of the Listing Rules, each of the proposed annual caps under each of the Propylene Sale and Purchase Agreement, Propane Sale and Purchase Agreement, Naphtha Sale and Purchase Agreement, Commissioned Processing and Rental Agreement, Liquefied Petroleum Gas Sale and Purchase Agreement, Mixed C4 Supply Agreement and Industrial Cracking C9 Supply Agreement are aggregated as (i) they were entered into between members of the Group and a connected person (i.e. Xxx Xx Petrochemical); and (ii) they are of a similar nature relating to the sale and purchase of chemical products for the ordinary business of the Group. As one or more of the applicable ratios in respect of the aggregated proposed annual caps of each of the Propylene Sale and Purchase Agreement, Propane Sale and Purchase Agreement, Naphtha Sale and Purchase Agreement, Commissioned Processing and Rental Agreement, Liquefied Petroleum Gas Sale and Purchase Agreement, Mixed C4 Supply Agreement and Industrial Cracking C9 Supply Agreement is more than 5%, the transactions contemplated under the Propylene Sale and Purchase Agreement, Propane Sale and Purchase Agreement, Naphtha Sale and Purchase Agreement, Commissioned Processi...
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Industrial Cracking C9 Supply Agreement. Date 4 April 2023 (after trading hours) Parties

Related to Industrial Cracking C9 Supply Agreement

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  • Interconnection Agreement On or before December 31, 2015, Wholesale Market Participant must enter into an Interconnection Agreement with the Transmission Owner in order to effectuate the WMPA. Wholesale Market Participant shall demonstrate the occurrence of each of the foregoing milestones to Transmission Provider’s reasonable satisfaction. Transmission Provider may reasonably extend any such milestone dates, in the event of delays that Wholesale Market Participant (i) did not cause and (ii) could not have remedied through the exercise of due diligence. If (i) the Wholesale Market Participant suspends work pursuant to a suspension provision contained in an interconnection and/or construction agreement with the Transmission Owner or (ii) the Transmission Owner extends the date by which Wholesale Market Participant must enter into an interconnection agreement relative to this WMPA, and (iii) the Wholesale Market Participant has not made a wholesale sale under this WMPA, the Wholesale Market Participant may suspend this WMPA by notifying the Transmission Provider and the Transmission Owner in writing that it wishes to suspend this WMPA, with the condition that, notwithstanding such suspension, the Transmission System shall be left in a safe and reliable condition in accordance with Good Utility Practice and Transmission Provider’s safety and reliability criteria. Wholesale Market Participant’s notice of suspension shall include an estimated duration of the suspension period and other information related to the suspension. Pursuant to this section 3.1, Wholesale Market Participant may request one or more suspensions of work under this WMPA for a cumulative period of up to a maximum of three years. If, however, the suspension will result in a Material Modification as defined in Part I, Section 1.18A.02 of the Tariff, then such suspension period shall be no greater than one (1) year. If the Wholesale Market Participant suspends this WMPA pursuant to this Section 3.1 and has not provided written notice that it will exit such suspension on or before the expiration of the suspension period described herein, this WMPA shall be deemed terminated as of the end of such suspension period. The suspension time shall begin on the date the suspension is requested or on the date of the Wholesale Market Participant’s written notice of suspension to Transmission Provider, if no effective date was specified. All milestone dates stated in this Section 3.1 shall be deemed to be extended coextensively with any suspension period permitted pursuant to this provision.

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  • End User License Agreement This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License. xxxx://xxxxxxxxxxxxxxx.xxx/licenses/by-nc-nd/3.0/ You are free to: Share: to copy, distribute and transmit the work Under the following conditions: Attribution: You must attribute the work in the manner specified by the author (but not in any way that suggests that they endorse you or your use of the work).

  • Client Agreement 2.1. The Company may unilaterally change any terms of this Client Agreement for any of the following reasons:

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