OPINION OF THE INDEPENDENT FINANCIAL ADVISER Sample Clauses

OPINION OF THE INDEPENDENT FINANCIAL ADVISER. Where a contract in respect of continuing connected transactions is of a duration longer than three years, Listing Rule 14A.35(1) requires an independent financial adviser to explain why a longer period for such a contract is required and to confirm that it is normal business practice for contracts of this nature to be of such duration. The Contract will be for a duration of 4 years and 3 months. The Company’s independent financial adviser, Xxxxxxxx, has concurred with the Company’s view that a period longer than three years for the Contract is required for the purposes of the Contract and that it is normal business practice for contracts of this type to be of such duration.
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OPINION OF THE INDEPENDENT FINANCIAL ADVISER. Since the term of validity under the Leasing Agreement is longer than three years, pursuant to Rule 14A.52 of the Listing Rules, the Company shall appoint an independent financial adviser to explain why the Leasing Agreement requires a longer period and to confirm whether it is the normal business practice for the agreements of this type to be of such duration. For this purpose, the Company has engaged Orient Capital (Hong Kong) Limited (“Orient Capital”) as the Independent Financial Adviser. In arriving at its opinion as to the reasons that the term of the Leasing Agreement has to exceed three years, Orient Capital has discussed with the Management regarding the Leasing Agreement and has taken into account of the following:
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OPINION OF THE INDEPENDENT FINANCIAL ADVISER. As the validity period of the Lease Agreement exceeds three years, pursuant to Rule 14A.52 of the Listing Rules, the Company is required to appoint an independent financial adviser to explain why the Lease Agreement requires a longer period and to confirm whether it is normal business practice for agreements of this type to be of such duration. In this regard, the Company has appointed Octal Capital as the Independent Financial Adviser. In arriving at its opinion as to the reasons that the term of the Lease has to exceed three years, Octal Capital has discussed with the management of the Company regarding the Lease Agreement and has taken into account of the following:
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OPINION OF THE INDEPENDENT FINANCIAL ADVISER. Given that the duration of the 2020 Wenmo Garment Lease Agreement exceeds three years, pursuant to Rule 14A.52 of the Listing Rules, the Company has appointed Maxa Capital as the Independent Financial Adviser to explain why the 2020 Wenmo Garment Lease Agreement requires a longer period and to confirm that it is normal business practice for agreement of this type to be of such duration. In assessing the reasons for the term of the 2020 Xxxxx Xxxxxxx Lease Agreement to be longer than three years, Maxa Capital has discussed with the management of the Company and considered the following factors:
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OPINION OF THE INDEPENDENT FINANCIAL ADVISER. As disclosed in the Announcement, in opining whether it is normal business practice for agreements of similar nature with the 2020 Wenmo Garment Lease Agreement to be longer than three years, Maxa Capital considered six comparable leases (the “Comparables”) and the other two property lease agreements previously entered into by the Company (the “Other Leases”). The properties under the Comparables are used for business operation such as office, hotel and shopping center and the properties under the Other Leases are used as warehouse, which are all in nature similar to and comparable with the Premises under the 2020 Wenmo Garment Lease Agreement. Given that the Comparables and the Other Leases (i) involved leasing of properties for business operation; (ii) were entered into by companies listed on the Stock Exchange; and (iii) have duration of more than three years, Maxa Capital is of the view that the Comparables and the Other Leases are comparable with the 2020 Wenmo Garment Lease Agreement. In addition, as (i) the Comparables comprise an exhaustive list of comparable leases which fall within the above three criteria announced within one year before the date of the 2020 Wenmo Garment Lease Agreement, which provide adequate information of recent terms agreed under property leases of similar nature, and (ii) the Other Leases comprise an exhaustive list of comparable leases which fall within the above three criteria and previously entered into by the Company, Maxa Capital considers that the Comparables and the Other Leases are fair and representative samples. By Order of the Board Mulsanne Group Holding Limited XXXXX Xxxxx Chairman Hong Kong, 15 July 2020
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Related to OPINION OF THE INDEPENDENT FINANCIAL ADVISER

  • Opinion of Financial Advisor The Company has received the opinion of Merrxxx Xxxcx & Xo., dated the date of this Agreement, to the effect that, as of such date, the consideration to be received by the Company's stockholders in the Merger is fair to such stockholders from a financial point of view, and a signed copy of such opinion has been delivered to Parent.

  • INDEPENDENT BOARD COMMITTEE AND INDEPENDENT FINANCIAL ADVISER An independent board committee comprising all the independent non-executive Directors (who have no material interest in the New Guarantee Agreement) has been established to advise the Independent Shareholders on (i) the New Guarantee Agreement and the transactions contemplated thereunder; and (ii) the Guarantee Annual Caps. The Company has appointed Lego Corporate Finance Limited as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders on

  • Engagement of Independent Review Organization Within 60 days after the Effective Date, Xx. Xxxxxx shall engage an individual or entity, such as an accounting, auditing, or consulting firm (hereinafter “Independent Review Organization” or “IRO”), to perform the reviews listed in this Section III.C. The applicable requirements relating to the IRO are outlined in Appendix A to this IA, which is incorporated by reference.‌

  • Evidence, Experts and Advisers (1) In addition to the reports, certificates, opinions and other evidence required by this Indenture, the Corporation shall furnish to the Warrant Agent such additional evidence of compliance with any provision hereof, and in such form, as may be prescribed by Applicable Legislation or as the Warrant Agent may reasonably require by written notice to the Corporation.

  • Investment Representation The Holder hereby represents and covenants that (a) any share of Stock acquired upon the vesting of the Award will be acquired for investment and not with a view to the distribution thereof within the meaning of the Securities Act of 1933, as amended (the “Securities Act”), unless such acquisition has been registered under the Securities Act and any applicable state securities laws; (b) any subsequent sale of any such shares shall be made either pursuant to an effective registration statement under the Securities Act and any applicable state securities laws, or pursuant to an exemption from registration under the Securities Act and such state securities laws; and (c) if requested by the Company, the Holder shall submit a written statement, in form satisfactory to the Company, to the effect that such representation (x) is true and correct as of the date of vesting of any shares of Stock hereunder or (y) is true and correct as of the date of any sale of any such share, as applicable. As a further condition precedent to the delivery to the Holder of any shares of Stock subject to the Award, the Holder shall comply with all regulations and requirements of any regulatory authority having control of or supervision over the issuance or delivery of the shares and, in connection therewith, shall execute any documents which the Board shall in its sole discretion deem necessary or advisable.

  • Opinion of Counsel for Company At Closing Time, the Representative shall have received the favorable opinion, dated as of Closing Time, of Xxxxxx, Xxxxx & Xxxxxxx LLP, counsel for the Company, in form and substance satisfactory to counsel for the Underwriters, together with signed or reproduced copies of such letter for each of the other Underwriters to the effect set forth in Exhibit A hereto and to such further effect as counsel to the Underwriters may reasonably request.

  • Nurse Representatives The Employer agrees to recognize two (2) Nurse Representatives for the purpose of dealing with grievances and conducting Union interviews.

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