Master Sale and Purchase Sample Clauses

Master Sale and Purchase. (2019) Agreement On 25 April 2019, the Company and TCL Industries entered into the Master Sale and Purchase (2019) Agreement. The terms of the Master Sale and Purchase (2019) Agreement are substantially similar to Master Sale and Purchase (2018 Renewal) Agreement, save and except (i) for the change of contracting party; (ii) that the TCL Associates Products that the Group may source from TCL Industries Group cover those manufactured not only in the PRC but also outside the PRC; and (iii) that the respective scopes of Electronics Products that the Group may sell to TCL Industries Group and TCL Associates Products that the Group may source from TCL Industries Group are expanded to cover not only parts and components and accessories but also finished goods. Set out below are the major terms of the Master Sale and Purchase (2019) Agreement and the pricing policy and price determination thereunder or otherwise adopted by the Group in respect of the transactions contemplated thereunder: Date: 25 April 2019 Parties: (i) the Company (for itself and on behalf of its Subsidiaries)
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Master Sale and Purchase. (2019-2021) Agreement The market of electronic consumer products is dynamic and ever-changing. A holistic customer experience is of growing importance and that there is an increasing number of customers who may look for multiple types of electronic products at the same time. Meanwhile, the products produced or manufactured by the Group and TCL Holdings Group are of different types (with the former focusing on TVs while the latter focusing on home appliances). Thus, in order to swiftly cope with market changes, to strengthen the synergy within TCL Holdings Group and the operating capability of the Group both in terms of overseas and PRC products, and to share the operation and sales channels within TCL Holdings Group, the Group has together with certain TCL Associates established a PRC sales centre and an overseas sales centre so that customers may be able to purchase products produced or manufactured by the Group and TCL Holdings Group at the same time. As a result, the products of TCL Holdings and its associates would first be sold to the Group, and subsequently the Group would re-sell such products to third party customers, while at the same time the Group would first sell its products to members of the TCL Holdings Group for them to re-sell such products to third party customers. Such arrangement under the Master Sale and Purchase (2019-2021) Agreement would consolidate the whole product business of TCL Holdings Group, enhance customer experience, provide smart health related products and services to customers and thus enhance the overall profitability of the Group. Following the change of Company name of the Company in May 2018, the Group has diversified its business. The Group has conducted R&D in smart home system with smart TV as the terminal to build an open smart platform. Recently, the Company has entered into memorandum of understanding with various PRC property developers to launch smart home business, including but not limited to having strategic cooperation with Sunshine 100 China Holdings Ltd to launch a leading smart apartment project in PRC. In this regard, the Company would consolidate the products within the TCL Holdings Group and to realize all-round experience for customers through a combination of hardware and software.
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Master Sale and Purchase. (2017) Agreement The Company has entered into the Master Supply (2014 Renewal) Agreement and the Master Electronic and Electrical Goods Sourcing (2014 Renewal) Agreement on 11 November 2014 with TCL Corporation, both of which will be expired on 31 December 2017. As the Company wishes to continue and consolidate the continuing connected transactions contemplated thereunder, the Company entered into the Master Sale and Purchase (2017) Agreement, the terms of which are substantially incorporated from the Master Supply (2014 Renewal) Agreement and Master Electronic and Electrical Goods Sourcing (2014 Renewal) Agreement. Set out below are the major terms of the Master Sale and Purchase (2017) Agreement and the pricing policy and price determination thereunder or otherwise adopted by the Group in respect of the transactions thereunder: Date: 29 September 2017 Parties: (i) the Company (for itse lf and on behalf of its Subsidiaries)
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Master Sale and Purchase. (2017) Agreement The Directors consider that the transactions under the Sourcing of Goods will continue to facilitate the smooth operation of the Group’s business by providing a stable and reliable source of supply of the necessary materials manufactured in the PRC for the Group’s manufacture of the Multimedia Products and the necessary finished goods for the Group’s operations. The Sale of Goods will also allow the Group to better manage its level of raw materials by providing additional flexibility to the Group for managing its surplus materials (if any) and will allow the Group to widen its revenue base by supplying Goods to TCL Corporation Group. The Master Sale and Purchase (2017) Agreement would also enable the Group to source TCL Products from TCL Corporation Group on normal commercial terms with a view to distributing such TCL Products for profits. It will continuously provide the Group with an additional source of revenue and margin by capitalising upon its established distribution network of the Group of TCL Products without incurring significant additional overheads; the Group will also benefit by securing a reliable source of high quality TCL Products for re-sale to customers and an additional income will be derived from re-selling the TCL Products to customers by utilising the Group’s existing distribution network in the territories concerned.
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Master Sale and Purchase. (2019) Agreement On 10 April 2019, the Company, TCL Industries and the various TCL Associates as identified below had entered into the Master Sale and Purchase (2019) Agreement. The terms of the Master Sale and Purchase (2019) Agreement are substantially similar to Master Sale and Purchase (2017) Agreement. Set out below are the major terms of the Master Sale and Purchase (2019) Agreement and the pricing policy and price determination thereunder or otherwise adopted by the Group in respect of the transactions contemplated thereunder: Date: 10 April 2019 Parties: (i) the Company (for itself and on behalf of its Associates)
Sample 1

Related to Master Sale and Purchase

  • Sale and Purchase Upon the basis of the representations and warranties and subject to the terms and conditions herein set forth, the Company agrees to issue and sell Ordinary Shares in the form of Firm ADSs, and each of the Selling Securityholders agrees to sell, in each case severally and not jointly, to the respective Underwriters and each of the Underwriters, severally and not jointly, agrees to purchase the number of Firm ADSs set forth opposite the name of such Underwriter in Schedule A attached hereto, subject to adjustment in accordance with Section 11 hereof, in each case at a purchase price of $[ ] per Firm ADS. The Company and the Selling Securityholders are advised by you that the Underwriters intend (i) to make a public offering of their respective portions of the Firm ADSs as soon after the effective date of the Registration Statement as in your judgment is advisable and (ii) initially to offer the Firm ADSs upon the terms set forth in the Prospectus. You may from time to time increase or decrease the public offering price after the initial public offering to such extent as you may determine. In addition, the Company and the Selling Securityholders, in each case severally and not jointly, hereby grant to the several Underwriters the option (the “Over-Allotment Option”) to purchase, and upon the basis of the representations and warranties and subject to the terms and conditions herein set forth, the Underwriters shall have the right to purchase, severally and not jointly, from the Company Ordinary Shares in the form of Firm ADSs and the Selling Securityholders Firm ADSs, ratably in accordance with the number of Firm ADSs to be purchased by each of them, all or a portion of the Additional ADSs as may be necessary to cover over-allotments made in connection with the offering of the Firm ADSs, at the same purchase price per share to be paid by the Underwriters to the Company and the Selling Securityholders for the Firm ADSs. The Over-Allotment Option may be exercised by the Representatives on behalf of the several Underwriters at any time and from time to time on or before the thirtieth day following the date of the Prospectus, by written notice to the Company and the Selling Securityholders. Such notice shall set forth the aggregate number of Additional ADSs as to which the Over-Allotment Option is being exercised and the date and time when the Additional ADSs are to be delivered (any such date and time being herein referred to as an “additional time of purchase”); provided, however, that no additional time of purchase shall be earlier than the “time of purchase” (as defined below) nor earlier than the second business day after the date on which the Over-Allotment Option shall have been exercised nor later than the tenth business day after the date on which the Over-Allotment Option shall have been exercised. The number of Additional ADSs to be sold to each Underwriter shall be the number which bears the same proportion to the aggregate number of Additional ADSs being purchased as the number of Firm ADSs set forth opposite the name of such Underwriter on Schedule A hereto bears to the total number of Firm ADSs (subject, in each case, to such adjustment as the Representatives may determine to eliminate fractional ADSs), subject to adjustment in accordance with Section 11 hereof. [Upon any exercise of the Over-Allotment Option, the number of Additional ADSs to be purchased from the Company shall be the number which bears the same proportion to the aggregate number of Additional ADSs being purchased as [# of company Additional ADSs] bears to [# of Additional ADSs], and the number of Additional ADSs to be purchased from each Selling Securityholder shall be the number which bears the same proportion to the aggregate number of Additional ADSs being purchased as the number of Additional ADSs set forth opposite the name of such Selling Securityholder in Schedule C annexed hereto bears to [# of Additional ADSs], subject, in each case, to such adjustment as the Representatives may determine solely to eliminate fractional ADSs.] [To be updated depending on over-allotment allocation.] Pursuant to powers of attorney (the “Powers of Attorney”) granted by each Selling Securityholder (which Powers of Attorney shall be satisfactory to the Representatives), [ ] and [ ] shall act as representatives of the Selling Securityholders. Each of the foregoing representatives (collectively, the “Representatives of the Selling Securityholders”) is authorized, on behalf of each Selling Securityholder, among other things, to execute any documents necessary or desirable in connection with the sale of the Offered ADSs to be sold hereunder by such Selling Securityholder, to make delivery of the certificates of such Offered ADSs, to receive the proceeds of the sale of such Offered ADSs, to give receipts for such proceeds, to pay therefrom the expenses to be borne by such Selling Securityholder in connection with the sale and public offering of the Offered ADSs, to distribute the balance of such proceeds to such Selling Securityholder, to receive notices on behalf of such Selling Securityholder and to take such other action as may be necessary or desirable in connection with the transactions contemplated by this Agreement.

  • Purchase and Sale Agreement The Participating Investors and the selling Key Holder agree that the terms and conditions of any Proposed Key Holder Transfer in accordance with Subsection 2.2 will be memorialized in, and governed by, a written purchase and sale agreement with the Prospective Transferee (the “Purchase and Sale Agreement”) with customary terms and provisions for such a transaction, and the Participating Investors and the selling Key Holder further covenant and agree to enter into such Purchase and Sale Agreement as a condition precedent to any sale or other transfer in accordance with this Subsection 2.2.

  • WITHDRAWAL OF SALE AND RESALE 7.1 The Bank at its absolute discretion through the Auctioneer reserves the right to suspend, withdraw, postpone and/or call off the Auction Sale of the Property for any reason whatsoever at any time before the fall of the hammer.

  • Purchase Closing Section 2.1 Purchase 5 Section 2.2 Closing 5 Section 2.3 Closing Conditions 6

  • Agreement to Sell and Purchase Subject to and in accordance with the terms and conditions of this Agreement, Buyer agrees to purchase the Assets from Seller, and Seller agrees to sell the Assets to Buyer.

  • Sale Area Map The boundaries of “Sale Area” and any subdivision thereof, are as shown on the at- tached “Sale Area Map” that is made a part hereof, and were, before timber sale advertisement, designated on the ground by Forest Service to meet the anticipated needs of the parties. The location of Sale Area and its approximate acreage are stated in A1. Subdivisions may be revised and additional ones may be established only by written agreement. Subdivisions or cutting units may be eliminated from Sale Area under conditions described in B6.36. Catastrophically Damaged areas may be re- moved from Sale Area under B8.32. Where applicable, the following are also identified on Sale Area Map:

  • Agreement of Purchase and Sale Subject to the terms and conditions hereinafter set forth, Seller agrees to sell and convey and Purchaser agrees to purchase the following:

  • Agreement to Purchase and Sell On the terms and subject to the conditions set forth in this Agreement, each Originator, severally and for itself, agrees to sell to the Buyer, and the Buyer agrees to purchase from such Originator, from time to time on or after the Closing Date, but before the Purchase and Sale Termination Date (as defined in Section 1.4), all of such Originator’s right, title and interest in and to:

  • Acceptance; Purchase Buyer shall accept the goods and pay a total sum of $26,390.00 for the goods in accordance with the terms of this Agreement.

  • Sale Area When portions of the sale area become subject to a foreign or domestic governmental regulation or order that will likely prevent timber harvest for a period that will exceed the expiration date of this contract, and Purchaser has complied with this contract, the following shall apply:

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