Miscellaneous financial services Sample Clauses

Miscellaneous financial services. Wanxiang Finance shall also provide certain other miscellaneous financial services to the Group under the Financial Services Agreement. As such miscellaneous financial services shall be conducted on normal commercial terms or better to the Group, and the Group expects that all the percentage ratios (if applicable) of such relevant financial services to be engaged by the Group from Wanxiang Finance in aggregate will be less than 5% and the total consideration or value of financial assistance (as the case may be) will be less than HK$3,000,000, the provision of such financial services by Wanxiang Finance to the Group will be exempt from the reporting, announcement and independent shareholders’ approval requirements under the Listing Rules according to Rule 14A.76 of the Listing Rules. For completeness, the major terms of the provision of such financial services to be provided by Wanxiang Finance to the Group are set out below for the Shareholders’ information:
Sample 1
AutoNDA by SimpleDocs
Miscellaneous financial services. As the relevant percentage ratios in respect of the maximum amount of service fees to be payable by CRECG to China Railway Finance for the provision of miscellaneous financial services to be provided by China Railway Finance to CRECG under the Financial Services Framework Agreement on an annual basis will not exceed 0.1%, the miscellaneous financial services to be provided by China Railway Finance to CRECG constitute exempt continuing connected transactions of the Company under the Listing Rules and are exempt from the reporting, announcement and independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.
Sample 1
Miscellaneous financial services. Pursuant to the Financial Services Framework Agreement, China Railway Finance shall also provide miscellaneous financial services within its business scope to CRECG in accordance with the latter’s instructions and requirements. Such miscellaneous financial services include, but not limited to, financial and financing consultation, credit verification and related consultation, agency business, provision of assistance in payment and receipt of transaction proceeds, handling entrusted loans, bill acceptance and discounting, internal fund transfer and settlement and planning of relevant settlement and clearing proposals. The fees charged by China Railway Finance for the provision of the miscellaneous financial services to CRECG shall comply with the relevant prescribed rates for such services as determined by the People’s Bank of China or the CBRC. In addition, such fees shall be no less than those charged by the major commercial banks in the PRC for the provision of comparable financial services. Implementation agreement Subject to compliance with the Financial Services Framework Agreement, CRECG and China Railway Finance shall enter into further specific contracts/agreements to set out detailed transaction terms with regard to the relevant specific financial services. Such specific contract/agreements shall comply with the principles and terms set out under the Financial Services Framework Agreement and applicable laws. Non-exclusivity CRECG utilizes the services of China Railway Finance on a voluntary and non-exclusive basis and CRECG has the right to choose the financial services offered by other financial institutions. China Railway Finance also has the right to offer financial services to other companies other than CRECG. ANNUAL CAPS
Sample 1
Miscellaneous financial services. As the relevant percentage ratios in respect of the maximum amount of service fees to be payable by CRECG to China Railway Finance for the provision of miscellaneous financial services to be provided by China Railway Finance to CRECG under the Financial Services Framework Agreement on an annual basis will not exceed 0.1%, the miscellaneous financial services to be provided by China Railway Finance to CRECG constitute exempt continuing connected transactions of the Company under the Listing Rules and are exempt from the reporting, announcement and independent shareholders’ approval requirement under Chapter 14A of the Listing Rules. INFORMATION ABOUT THE PARTIES CRECG, a state-owned enterprise, is the controlling shareholder of the Company holding approximately 56.10% interest in the Company. Its principal activities are construction works and related technological research, survey, design and consulting services, manufacturing of specialised equipment, operation and development of real estate. The Group is primarily engaged in infrastructure construction, survey, design and consulting services, engineering equipment and component manufacturing, property development and other businesses. China Railway Finance is a non-banking financial institution legally established with the approval of the CBRC received on 27 February 2014. It is a subsidiary of the Company which is held as to 95% by the Company and 5% by CRECG. It’s principal businesses include financial and financing consultation, credit verification and related consultation, agency business, provision of guarantees, provision of entrusted loans and entrusted investment services, bill acceptance and discounting, internal fund transfer and settlement and planning of relevant settlement and clearing proposals as well as provision of loans and finance lease to members of the Group.
Sample 1
Miscellaneous financial services. Shandong Finance shall also provide certain other miscellaneous financial services to the Group under the New Financial Services Agreement. In respect of the provision of such financial services by Shandong Finance to the Group, as the Group expects that all the percentage ratios (if applicable) of the relevant annual fees payable by the Group to Shandong Finance in aggregate will be below 0.1%, the provision of such financial services by Shandong Finance to the Group will be exempt from the reporting, announcement and independent shareholders’ approval requirements under the Listing Rules according to Rule 14A.76. For completeness, the major terms of the provision of such financial services by Shandong Finance to the Group are set out below for shareholders’ information:
Sample 1
Miscellaneous financial services. CEC Finance shall also provide certain other miscellaneous financial services to the Group pursuant to the Financial Services Agreement. In respect of the provision of such financial services by CEC Finance to the Group, as the Company expects that all the percentage ratios (if applicable) of the relevant annual fees payable by the Group to CEC Finance in aggregate will be below 0.1%, the provision of such financial services by CEC Finance to the Group will be exempt from the reporting, announcement and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules. For completeness, the major terms of the provision of such financial services by CEC Finance to the Group are set out below for shareholders’ information:
Sample 1
Miscellaneous financial services. Shandong Finance shall also provide certain other miscellaneous financial services to the Group under the New Financial Services Agreement. In respect of the provision of such financial services by Shandong Finance to the Group, as they are conducted on normal commercial terms or better to the Group, and the Group expects that all the percentage ratios (if applicable) of the relevant annual fees payable by the Group to Shandong Finance in aggregate will be below 0.1%, the provision of such financial services by Shandong Finance to the Group will be exempt from the reporting, announcement and independent shareholders’ approval requirements under the Listing Rules according to Rule 14A.76 of the Listing Rules. For completeness, the major terms of the provision of such financial services to be provided by Shandong Finance to the Group are set out below for the Shareholders’ information:
Sample 1
AutoNDA by SimpleDocs
Miscellaneous financial services. Founder Finance will provide, apart from the Deposit Services and the Loan Services, financial services to the Group including settlement services, discounted note services, and other related consultancy and agency services, to the Group in accordance with the permitted scope prescribed under the PRC financial policies and the Management Methods for Group Finance Companies ( 企業集團財務公司管理辦法) pursuant to the Financial Services Agreement. Handling fees will be charged by Founder Finance for the Miscellaneous Financial Services provided to the Group pursuant to the Financial Services Agreement, to be determined with reference to the market rates of similar services as promulgated by PBC and will not be higher than those offered by other PRC financial institutions to the Group. The handling fees payable by the Group to Founder Finance in connection with the Miscellaneous Financial Services in aggregate for the three years ending 31 December 2013 shall not exceed RMB5.5 million, RMB6.6 million and RMB7.8 million, respectively.
Sample 1

Related to Miscellaneous financial services

  • Miscellaneous Services INSURER shall provide such other administrative support to the Fund as mutually agreed between INSURER and AIM or the Fund from time to time. INSURER shall, from time to time, relieve the Fund of other usual or incidental administration services of the type ordinarily borne by mutual funds that offer shares to individual members of the general public.

  • New Financial Services Each Party shall permit a financial service supplier of the other Party to provide any new financial service of a type similar to those services that the Party would permit its own financial service suppliers to provide under its domestic law in like circumstances. A Party may determine the juridical form through which the service may be provided and may require authorisation for the provision of the service. Where such authorisation is required, a decision shall be made within a reasonable time and the authorisation may only be refused for prudential reasons.

  • Financial Services The aim of cooperation shall be to achieve closer common rules and standards in areas including the following:

  • Miscellaneous Rules 1. The provisions of this Convention shall not be construed to restrict in any manner any exemption, allowance, credit or other deduction accorded:

  • MISCELLANOUS 31.1 The Agreement constitutes the entire agreement between the parties and supersedes all previous discussions, correspondence and negotiations between them relating to the Deliverables.

  • Miscellany This Agreement represents the entire agreement between the Artist and The Gallery. If any part of this Agreement is held to be illegal, void, or unenforceable for any reason, such holding shall not affect the validity and enforceability of any other part. A waiver of any breach of any of the provisions of this Agreement shall not be construed as a continuing waiver of other breaches of the same provision or other provisions hereof. This Agreement shall not be assigned, nor shall it inure to the benefit of the successors of The Gallery, whether by operation of law or otherwise, without the prior written consent of the Artist. In any proceeding to enforce any part of this contract, the aggrieved party shall be entitled to reasonable attorney's fees in addition to any available remedy.

  • Miscellaneous Leaves L31.1 Application for Miscellaneous Leave shall be made to the Executive Superintendent of Employee Services or designate. The Teacher shall notify the principal at the time the application is made and whenever possible shall make the application at least five days prior to the day for which the leave is requested.

  • Special Services Should the Trust have occasion to request the Adviser to perform services not herein contemplated or to request the Adviser to arrange for the services of others, the Adviser will act for the Trust on behalf of the Fund upon request to the best of its ability, with compensation for the Adviser's services to be agreed upon with respect to each such occasion as it arises.

  • Information and Services 2.1.1 The Owner shall provide full information in a timely manner regarding the requirements of the Project, including the Owner’s objectives, constraints and criteria, space requirements and relationships, flexibility and expandability requirements, special equipment and systems, and site requirements as reasonably requested by Construction Manager in writing.

  • Miscellaneous Expenses Board members may seek reimbursement for other expenses incurred while attending a meeting sponsored by organizations described herein by fully describing the expenses on the expense form, attaching receipts.

Time is Money Join Law Insider Premium to draft better contracts faster.