September 2018. 1. MEC herby grants the Concessionaire the rights to sell pre-approved line item foods and only ABI branded products at the prescribed resale prices inclusive of vat. The Concessionaire shall pay the rental due to MEC for the rental of the concession during the event referred to in paragraph 1 above on signature hereof. Should the Concessionaire fail to pay the rental on signature hereof, this agreement shall automatically lapse. The Concessionaire shall at all times comply with any legislation, by-laws, the Municipality directives, Waterkloof Airforce Base, AAD Expo Rules and MEC Standard Operational Rules and Regulations and instructions issued by MEC from time to time.
September 2018. Neither the European Commission nor the National Agencies can be held responsible in case of a conflict.
September 2018. The Board wishes to inform the Shareholders that after trading hours of the Stock Exchange on 29 June 2018, the Vendor (a wholly-owned subsidiary of the Company) and the Purchasers entered into the Agreement, pursuant to which the Vendor had conditionally agreed to sell, and the Purchasers had conditionally agreed to purchase, the Sale Ordinary Shares and the Sale CPS at an aggregate Consideration of approximately HK$170.5 million. The Consideration was to be satisfied by the Purchasers by setting off against the outstanding principal amount together with accrued interest of the Bonds which were held by the Purchasers. However, as the conditions precedent for Completion had not been fulfilled or waived (if applicable) on or before 4: 00 p.m. on 31 August 2018, being the latest time for the fulfillment or waiver (if applicable) of the conditions precedent according to the Agreement, the Agreement had lapsed on 31 August 2018 and the Disposal will not be proceeded. On the even date, the outstanding principal amount of the Bonds together with interest accrued up to the date of repayment, which amounted to approximately HK$175.6 million in aggregate, has been fully repaid by the Group. The repayment was financed by the internal resources of the Group and a shareholder’s loan granted by Harbour Luck Investments Limited, the controlling Shareholder holding 600,000,000 Shares (representing approximately 56.60% of the issued share capital of the Company as at the date of this announcement). The aforesaid shareholder’s loan was granted to the Company on normal commercial terms or better to the Company and was not secured by any assets of the Group, and constituted a fully exempt connected transaction of the Company pursuant to Rule 14A.90 of the Listing Rules. The principal terms of the Agreement are set out below. THE AGREEMENT Date 29 June 2018 Parties
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September 2018 the date of grant, as determined by the Compensation Committee in its discretion (the “Option”) and (ii) 10,000 restricted share units (the “RSUs”), in each case under and pursuant to the terms and conditions of the Textainer Group Holdings Limited 2007 Share Incentive Plan and stock option agreement and restricted share unit agreement to be entered into by and between Employee and TGH. The Option and RSUs will be scheduled to vest at such times and under such conditions as determined by the Compensation Committee and set forth in the applicable award agreement.
September 2018 criteria will be deemed achieved at target levels and all other terms and conditions met.
September 2018 of payments or benefits necessary to arrive at the Reduced Amount yields the greatest economic benefit, the payments and benefits shall be reduced pro rata. Employee may not exercise any discretion with respect to the ordering of any reductions of payments or benefits under this Clause 12. Unless the Parties otherwise agree in writing, any determination required under this Clause 12 shall be made in writing by Employer’s or an Affiliate’s independent public accountants (the “Accountants"), whose determination shall be conclusive and binding upon Employer and Employee for all purposes. For purposes of making the calculations required by this Clause 12, the Accountants may make reasonable assumptions and approximations concerning applicable taxes. The Parties shall furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a determination under this Clause 12. Employer shall bear all costs incurred for and by the Accountants in connection with any calculations or determinations contemplated by this Clause 12.
September 2018 consolidated or merged, and this provision also shall apply in the event of any subsequent merger, consolidation, or transfer of Employer or of Employer's assets or businesses.
September 2018. 4 ACAP Trend: ↑ increasing, ↓ declining, ↔ stable, ? unknown. The overall trend for the species may not reflect particular site or regional trends.
September 2018. Parties: Vendors: Xx. Xxxxx Xxxx Xxx (“Xx. Xxxxx”); Mr. Xxxx Xxxx Xxx (“Xx. Xxxx”); and Xx. Xxxx Xxxxx Xxx (“Xx. Xxxx”) (together the “Vendors”) Purchaser: the Company Assets acquired: 8 shares representing the entire issued share capital of Fully Field Development Limited (“Fully Field”) owned by Xx. Xxxxx, Xx. Xxxx and Xx. Xxxx as to 50%, 37.5% and 12.5% respectively. Fully Field is a company incorporated in Hong Kong on 2 June 2011. It is principally engaged in properties leasing. For the year ended 31 March 2018, its net profits before and after taxation were both HK$939,937, while its losses before and after taxation for the year ended 31 March 2017 were both HK$236,060. Fully Field achieved profit for the year ended 31 March 2018 due to reversal of impairment loss of the Properties (as defined below) of HK$1,177,119 as a result of the valuation of the Properties at HK$7,310,000 as at 31 March 2018 by an independent valuer. There were no extraordinary items for these two years. The main assets of Fully Field are Signage Space Nos. NMPAS03, NMPAS04 and NMPAS06, Mandarin Plaza, Xx. 00 Xxxxxxx Xxxxxx Xxxx, Xxxx Xxx Xxxx, Xxxxxxx, Xxxx Xxxx (the “Properties”), which comprise three signage spaces on the external wall of the 1st Floor of the commercial podium of Mandarin Plaza. The remaining assets of Fully Field consist of cash and bank balances of about HK$31,190. Its current liabilities are about HK$45,010. The Company owns and operates a watch retail outlet on Ground Floor of Mandarin Plaza. Fully Field has allowed the Company to use two signage spaces and one signage space of the Properties for advertisement purpose since about 2012 and 2015 respectively free of charge. Xxxxx Xxxxxxx Appraisal Limited, an independent valuer (the “Valuer”), has valued the Properties at HK$4,200,000 as at 31 July 2018. The Vendors originally invested a total of HK$100,371,666 (equity and loans) on Fully Field to partly fund its acquisition of the Properties together with Shop Nos. 157-190, 220-226 and 237-248, 1st Floor, Commercial Podium of the same building (the “Shops”) at the same time at the total purchase price of HK$156,000,000. The Shops have since been disposed of by Fully Field. Thus there was no figure for the original purchase costs to the Vendors relating solely to the acquisition of Fully Field holding only the assets on completion of the agreement. Consideration: HK$4,186,259 in cash. The consideration was arrived at after arm’s length negotiations and is ...
