Nature of the Transactions Sample Clauses

Nature of the Transactions. Lessee and the Funding Parties -------------------------- intend that the transactions evidenced by this Agreement and the other Operative Documents constitute an operating leases pursuant to FASB 13 for accounting purposes and loans secured by the Leased Property for all other purposes, including federal, state and local income tax purposes and commercial, real estate and bankruptcy law purposes. To the extent that this Agreement and the other Operative Documents reflect the lease form alone, they do so for convenience only. Lessee and the Funding Parties intend that the Operative Documents have the dual form referred to in the first sentence of this paragraph, notwithstanding the use of the lease form alone.
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Nature of the Transactions. Lessee and the Lessor Parties intend that the transactions evidenced by this Agreement and the other Operative Documents constitute operating leases for accounting purposes and loans secured by the Property for all other purposes, including federal, state and local income tax purposes and commercial, real estate and bankruptcy law purposes. To the extent that this Agreement and the other Operative Documents reflect the lease form alone, they do so for convenience only. Lessee and the Lessor Parties intend that the Operative Documents have the dual form referred to in the first sentence of this paragraph, notwithstanding the use of the lease form alone.
Sample 1Sample 2
Nature of the Transactions. Pursuant to the Framework Sale and Purchase Agreement, (1) the PRC Subsidiaries agreed to purchase from Billion Fujian, and Billion Fujian agreed to sell to the PRC Subsidiaries, polyester filament yarns and waste polyester filament yarns; and (2) Billion Fujian agreed to purchase from the PRC Subsidiaries, and the PRC Subsidiaries agreed to sell to Billion Fujian, non-woven materials.
Sample 1
Nature of the Transactions. Xxxxx Xxx agreed to purchase and King Fu agreed to supply tools and materials for formwork works to the Group. Pricing policy The selling price of the merchandises are to be separately negotiated for each purchase by the parties based on the principles that the purchase price payable shall be determined on normal commercial terms after arm’s length negotiation, and shall be no less favourable than the prevailing market price and the price offered by Independent Third Parties. The parties will have separate purchase order in respect of each purchase. To ensure the purchase price offered by King Fu are fair and reasonable and comparable to those offered by Independent Third Parties, the Group will obtain quotation in relation to the same product type and volume from at least two other independent companies prior to entering into purchase order with King Fu so as to know the prevailing market price. The Directors consider that the above procedures can ensure that the transactions under the Master Purchase Agreement will be conducted on normal commercial terms and not prejudicial to the interests of the Company and its Shareholders.
Sample 1
Nature of the Transactions and assets to be acquired Pursuant to the Capital Injection Agreement, Freetech Smart Road, an indirect subsidiary which is 51% owned by the Company, and Tianjin Expressway Group, being the existing shareholder of the Target Company, entered into the Capital Injection Agreement, pursuant to which Freetech Smart Road has agreed to acquire 55% equity interests in the Target Company by way of subscribing for an additional registered capital of RMB24,444,400 at the total consideration of RMB46,802,400 (representing RMB24,444,400 as payment for the additional registered capital of the Target Company and RMB22,358,000 as capital reserve of the Target Company). The Capital Injection will be conducted by way of listing on Tianjin Property Rights Exchange. Upon Completion, the registered capital of the Target Company will be RMB44,444,400 and the Target Company will be owned as to 55% and 45% equity interests by Freetech Smart Road and Tianjin Expressway Group respectively. The shareholding structure of the Target Company before and after Completion is set out as follows: Before Completion After Completion Amount of the registered capital of the Target Company (in RMB) Percentage Amount of the registered capital of the Target Company (in RMB) Percentage Freetech Smart Road -- -- 24,444,400 55% Tianjin Expressway Group 20,000,000 100% 20,000,000 45% Total 20,000,000 100% 44,444,400 100%
Sample 1
Nature of the Transactions. Lessee and the Lessor Parties intend that the transactions evidenced by this Agreement and the other Operative Documents constitute operating leases pursuant to FASB 13 for accounting purposes and loans secured by the Property
Sample 1
Nature of the Transactions. Pursuant to the Sale of Gas Agreement, Tianjin Binda will supply natural gas to Tianjin Steel Pipe and such natural gas will be delivered via gas pipelines to the gas stations in the factory premises of Tianjin Steel Pipe. The demand for gas from Tianjin Steel Pipe during the term (as set out below) of the Sale of Gas Agreement shall be up to 450,000 m3 per day.
Sample 1
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Related to Nature of the Transactions

  • Consummation of the Transactions Subject to the terms and conditions of this Agreement, each party shall use its commercially reasonable efforts to cause the Closing to occur upon the terms and conditions set forth herein. FCG shall cooperate with the Investor, and the Investor shall cooperate with FCG, in filing any necessary applications, reports or other documents with, giving any notices to, and seeking any consents from, all Governmental Entities and all third parties as may be required in connection with the consummation of the transactions contemplated by this Agreement, and each party requesting such cooperation shall reimburse the other party's reasonable out-of-pocket expenses in providing such cooperation.

  • Closing of the Transactions The Transactions set forth in the Business Combination Agreement shall have been or will be consummated substantially concurrently with the Closing.

  • Terms of the Transaction 9 2.1 Agreement to Sell and to Purchase the Securities................ 9 2.2

  • Consummation of the Transaction Each Party shall, and shall cause its respective Affiliates to, (i) make or cause to be made any filings to the extent required or requested of such Party or any of its Affiliates under any applicable Laws or by any Governmental Authority with competent jurisdiction with respect to this Agreement and the other Transaction Documents as promptly as is reasonably practicable; (ii) reasonably cooperate with the other Parties and furnish all information in such Party’s possession that is necessary in connection with any other Party’s filings; (iii) use commercially reasonable efforts to secure the expiration or termination of any applicable waiting period and clearance or approval by any relevant Governmental Authority with respect to this Agreement and the other Transaction Documents as promptly as is reasonably practicable (including, with respect to Acquirors, by refraining from acquiring or seeking to acquire any entity or assets (other than pursuant to the transactions contemplated by this Agreement) that would present a material risk of delaying or making it more difficult to secure such Required Approvals); (iv) promptly inform the other Parties of (and, at any other Party’s reasonable request, supply to such other Party) any communication (or other correspondence, submission or memoranda) from or to, and any proposed understanding or agreement with, any Governmental Authority in respect of any applicable filings; (v) comply, as promptly as is reasonably practicable and with due regard to maintaining the confidentiality of information that would be commercially harmful if publicly disclosed, with any requests received by such Party or any of its Affiliates under any Laws for additional information, documents, submissions or other materials; (vi) use commercially reasonable efforts to respond to and resolve any objections as may be asserted by any Governmental Authority with respect to this Agreement and the other Transaction Documents; and (vii) use commercially reasonable efforts to contest and resist any Proceeding instituted (or threatened in writing to be instituted) by any Governmental Authority challenging this Agreement and the other Transaction Documents as violative of any Law. Notwithstanding anything to the contrary in this Section 6.2, materials and information provided to another Party or its outside counsel may be redacted, or to the extent reasonably necessary withheld entirely, (x) to remove references or other information concerning the valuation of the Subject Interests, (y) as necessary to comply with contractual arrangements (other than any contractual arrangements specifically entered into in order to avoid disclosure under this Section 6.2) and (z) as necessary to address reasonable attorney-client or other privilege or confidentiality concerns. Notwithstanding anything to the contrary in this Agreement, no Acquiror, nor any of the Equity Investors, nor any of their respective Affiliates or Subsidiaries (including, for the avoidance of doubt, any direct or indirect portfolio companies of investment funds advised or managed by an Equity Investor or its Affiliates) will be required to sell, license, divest of, hold separate or dispose of its or any of its Affiliates’ businesses, product lines or assets or any interest therein.

  • Closing of the Transaction All conditions precedent to effect the closing of the Transaction shall have been satisfied or waived (other than those conditions that, by their nature, may only be satisfied at the consummation of the closing of the Transaction but subject to satisfaction or waiver thereof).

  • Transactions identified under Section 2 of this Agreement shall be deemed exception services ("Exception Services") when such transactions:

  • Contemplated Transactions “Contemplated Transactions” shall mean the Merger and the other transactions contemplated by the Agreement.

  • The Transactions (a) It is acknowledged and agreed that, notwithstanding any other provision of this Agreement to the contrary, the facility provided under this Agreement is (i) a committed facility with respect to the Committed Amount and (ii) an uncommitted facility with respect to the Uncommitted Amount, and Purchaser shall have no obligation to enter into any Transactions hereunder with respect to the Uncommitted Amount. All purchases of Mortgage Loans hereunder shall be first deemed committed up to the Committed Amount and then the remainder, if any, shall be deemed uncommitted up the Uncommitted Amount.

  • Conditions to the Transaction 7.1 Conditions to Obligations of Each Party to Effect the Transaction. The respective obligations of each party to this Agreement to effect the Transaction shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

  • Other Transactions The transactions contemplated by the Sale and Servicing Agreement to be consummated on the Closing Date shall be consummated on such date.

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