INFORMATION ON THE GROUP AND THE CONNECTED COUNTERPARTIES Sample Clauses

INFORMATION ON THE GROUP AND THE CONNECTED COUNTERPARTIES. The Group is principally engaged in development and operation of theme parks and ancillary commercial properties in the PRC. Haichang China is an indirect wholly-owned subsidiary of the Company, which is also principally engaged in development and operation of theme parks and ancillary commercial properties in the PRC. East Water City is principally engaged in real estate development and holding in the PRC, and is an indirect wholly-owned subsidiary of Haichang Corporation Development. Haichang Corporation Development is principally engaged in real estate development in the PRC.
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INFORMATION ON THE GROUP AND THE CONNECTED COUNTERPARTIES. The Group is principally engaged in development and operation of theme parks and ancillary commercial properties in the PRC. All of Haichang China, Tianjin Polar, Wuhan Polar and Yantai Fishermen are indirect wholly-owned subsidiaries of the Company, which are also principally engaged in development and operation of theme parks and ancillary commercial properties in the PRC. Shibo Real Estate, Tianjin Real Estate and Wuhan Real Estate are principally engaged in real estate development and holding in the PRC, all of which are indirect wholly-owned subsidiaries of Haichang Enterprise Development. Yantai Tourism Development is principally engaged in real estate development and holding in the PRC, and is a wholly-owned subsidiary of Haichang Group Co.
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INFORMATION ON THE GROUP AND THE CONNECTED COUNTERPARTIES. The Group is principally engaged in development and operation of theme parks and ancillary commercial properties in the PRC. All of Haichang China and Yantai Fishermen are indirect wholly-owned subsidiaries of the Company, which are also principally engaged in development and operation of theme parks and ancillary commercial properties in the PRC. East Water City is principally engaged in real estate development and holding in the PRC, and is indirect wholly-owned subsidiary of Haichang Enterprise Development. Yantai Tourism Development is principally engaged in real estate development and holding in the PRC, and is a wholly-owned subsidiary of Haichang Group Co.
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INFORMATION ON THE GROUP AND THE CONNECTED COUNTERPARTIES. The Group is principally engaged in development and operation of theme parks and ancillary commercial properties in the PRC. Shanghai Decoration Co and Suzhou Mozoo Co are wholly- owned subsidiaries of the Company which are engaged in building decoration, engineering design and construction and provision of display services, respectively. Dalian B&O is principally engaged in the provision of commercial property management service in the PRC and is a wholly-owned subsidiary of Haichang Group Co. IMPLICATIONS UNDER THE LISTING RULES As at the date of this announcement, Xx. Xx, a non-executive Director and a controlling shareholder of the Company, holds approximately 60% equity interests in Haichang Group Co. As Dalian B&O is a wholly-owned subsidiary of Haichang Group Co, it is an associate of Xx. Xx and thus a connected person of the Company. Accordingly, the transactions contemplated under the agreements constitute connected transactions for the Company under Rule 14A.25 of the Listing Rules. In accordance with Rule 14A.76 of the Listing Rules, as the highest applicable percentage ratio as defined under the Listing Rules in aggregate for the transactions under the four agreements is more than 0.1% but less than 5%, the transactions are subject to the reporting, announcement and annual review requirements but exempt from the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules. As Xx. Xx, a non-executive Director and a controlling shareholder of the Company, has material interests in the transactions contemplated under the four agreements, he has abstained from voting on the Board resolutions. Furthermore, Xx. Xxxx Xxxxxxx, an executive Director, has also abstained from voting on the above resolutions as he is a non-executive director of Haichang Group Co. Save as disclosed above, no Director has a material interest in the transactions and is required to abstain from voting on the Board resolutions approving the four agreements.
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Related to INFORMATION ON THE GROUP AND THE CONNECTED COUNTERPARTIES

  • INFORMATION ON THE GROUP The core business of the Group is property development and investment in Western China and treasury investment.

  • INFORMATION ON THE PARTIES 4.1. The Group and the Tenant The principal activities of the Group are the operation and management of a network of department stores in the PRC. The Tenant is an indirect wholly-owned subsidiary of the Company mainly participating in retail business.

  • INFORMATION OF THE GROUP The Group is principally engaged in the provision of high quality and comprehensive range of liquid petrochemical terminal and storage services in the PRC. Ningbo Ningxiang is an indirect jointly controlled entity of the Company.

  • COOPERATION WITH THIRD PARTIES The Contractor shall be responsible for fully cooperating with any third party, including but not limited to other Contractors or Subcontractors of the Authorized User, as necessary to ensure delivery or performance of Product.

  • Reliance on Third Party Service Providers Each Party may allow Reporting Financial Institutions to use third party service providers to fulfill the obligations imposed on such Reporting Financial Institutions by a Party, as contemplated in this Agreement, but these obligations shall remain the responsibility of the Reporting Financial Institutions.

  • Cooperation on Tax Matters Acquiror, the Company and the Securityholders’ Representative shall cooperate fully, as and to the extent reasonably requested by the other party, in connection with the filing of Tax Returns pursuant to this Agreement and any action or other proceeding with respect to Taxes. Such cooperation shall include the retention and (upon the other party’s request) the provision of records and information which are reasonably relevant to any such action or other proceeding and making employees available on a mutually convenient basis to provide additional information and explanation of any material provided hereunder. Acquiror, the Company and the Securityholders’ Representative agree to retain all books and records with respect to Tax matters pertinent to the Company and the Company Subsidiaries relating to any Pre-Closing Tax Period until the expiration of the applicable statute of limitations (and, to the extent notified by Acquiror, any extensions thereof), and to abide by all record retention agreements entered into with any Governmental Entity. Acquiror and the Securityholders’ Representative further agree, upon request, to use their reasonable best efforts to obtain any certificate or other document from any Governmental Entity or any other Person as may be necessary to mitigate, reduce or eliminate any Tax that could be imposed (including, but not limited to, with respect to the transactions contemplated hereby).

  • Contact with Third Parties In the event that Supplier receives a request from a third party (including an individual) to access any Personal Information in Supplier’s possession, Supplier will promptly forward a copy of such request to DXC and will cooperate with DXC in responding to any such request. Upon DXC’s request, Supplier will make Personal Information in its possession available to DXC or any Third Party designated in writing by DXC and will update Personal Information in Supplier’s possession in accordance with DXC's written instructions. If any government or competent authority requests Supplier to disclose or allow access to Personal Information, Supplier shall, unless legally prohibited, immediately notify DXC of such request and shall not disclose or allow access to such Personal Information without first giving DXC an opportunity to consult with the requesting government or authority to seek to prevent such disclosure or access. Supplier will respond to any such government or enforcement authority request only after consultation with DXC and at DXC’s discretion, unless otherwise required by law. Supplier shall promptly notify DXC if any complaints are received from Third Parties about its Processing of Personal Information, and Supplier shall not make any admissions or take any action that may be prejudicial to the defense or settlement of any such complaint. Supplier shall provide DXC with such reasonable assistance as it may require in connection with resolving any such complaint.

  • Business Associate’s Subcontractors and Agents BA shall ensure that any agents and subcontractors that create, receive, maintain or transmit Protected Information on behalf of BA, agree in writing to the same restrictions and conditions that apply to BA with respect to such Protected Information and implement the safeguards required by paragraph 3.4 above with respect to Electronic PHI [45 C.F.R. Section 164.504(e)(2)(ii)(D); 45 C.F.R. Section 164.308(b)] BA shall implement and maintain sanctions against agents and subcontractors that violate such restrictions and conditions and shall mitigate the effects of any such violation [45 C.F.R. Sections 164.530(f) and 164.530(e)(1)].

  • Reliance on Third Parties The Administrative Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing believed by it to be genuine and to have been signed or sent by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to be made by the proper Person, and shall not incur any liability for relying thereon. The Administrative Agent may consult with legal counsel (who may be counsel for any Loan Party), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.

  • Information and Services Required of the Owner § 3.1.1 The Owner shall provide information with reasonable promptness, regarding requirements for and limitations on the Project, including a written program which shall set forth the Owner’s objectives, constraints, and criteria, including schedule, space requirements and relationships, flexibility and expandability, special equipment, systems, sustainability and site requirements.

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