THE TERMINATION AGREEMENT. On 11 December 2015, Huamei Technology entered into the Termination Agreement with Beijing Shishang, the principal terms of which are summarised as follows:
THE TERMINATION AGREEMENT. 7. In my opinion, entry into the Termination Agreement, and the related agreements, is a sound exercise of the Debtors’ business judgment and reasonable settlement of claims and potential claims with respect to the Employee Leasing Agreements between the Debtors, ACH, and Ford. The agreements have been negotiated by the parties at arm’s length, and reflect a good-faith effort to allow the Debtors to terminate a non-core business expeditiously with minimal disruption and damage to their own operations and those of ACH and Ford—a customer crucial to Visteon’s future viability.
THE TERMINATION AGREEMENT. The Board announces that on 25 August 2011 (after trading hours), the Company and the Prospective Seller entered into a termination agreement (“Termination Agreement”), pursuant to which the Company and the Prospective Seller agreed to terminate the MOU with immediate effect (“Termination”); and each of them has confirmed that it has no claim against the other arising from and in connection with the MOU or for or by reason of any act matter or thing relating thereto.
THE TERMINATION AGREEMENT. On 30 January 2024, Century Xxxxxxx Xxxxxx entered into the Termination Agreement with Xxxxxxx Xxxxxxxx, the principal terms of which are summarised as follows: Date
THE TERMINATION AGREEMENT. Reference is made to the Previous Announcement. The Board announces that on 8 January 2020, the SZ Company, being a wholly-owned subsidiary of the Company, entered into the Termination Agreement with the Previous Landlord, pursuant to which the Previous Agreements are terminated with effect from 8 January 2020 as the Previous Landlord is unable to fulfill certain conditions which are prerequisite to the use of the leased premises under the Previous Lease Agreement. Pursuant to the Termination Agreement, the parties to the Previous Agreements unconditionally agreed to terminate the Previous Agreements.
THE TERMINATION AGREEMENT. Pursuant to the Lease Agreement, CBA USD Investments agreed to lease to Florens and Florens agreed to lease from CBA USD Investments the Containers. As a condition of the Lease Agreement, COSCO Pacific entered into the Guarantee in favour of CBA USD Investments under which COSCO Pacific guaranteed to CBA USD Investments the due and punctual payment of all outstanding sums owed by Xxxxxxx and all obligations of Florens under, amongst other documents, the Lease Agreement. The Board announces that on 17 March 2016, COSCO Pacific, a non-wholly owned subsidiary of the Company, CBA USD Investments and Florens entered into the Termination Agreement pursuant to which, inter alia, CBA USD Investments agreed to sell to Florens and Florens agreed to purchase from CBA USD Investments the Containers for a price of US$198,910,581 and that each of the leases under the Lease Agreement be terminated. Pursuant to the Termination Agreement, CBA USD Investments has also agreed to unconditionally and irrevocably release COSCO Pacific from all its present, future, actual and contingent liabilities and obligations owing to CBA USD Investments under the Guarantee. The principal terms and conditions of the Termination Agreement are summarised below: Date : 17 March 2016
THE TERMINATION AGREEMENT. On 2 May 2017, Trendy Plaza entered into the Termination Agreement with Ramada, the principal terms of which are summarised as follows:
THE TERMINATION AGREEMENT. On January 15, 2010, Xiushuihe Mining and Nanjiang entered into the Termination Agreement, pursuant to which the parties agreed to amend and terminate certain provisions under the New Agreement. The key provisions under the Termination Agreement are as follows: Date : January 15, 2010 Effective date of the Termination Agreement : January 1, 2010 Settlement of construction costs payable by Nanjiang : Nanjiang is responsible for the settlement of all outstanding construction costs incurred up to December 31, 2009 pursuant to all contracts entered into by Nanjiang on behalf of Xiushuihe Mining. Such settlement should be completed before February 5, 2010. Completion date for the transfer of projects under construction : Xiushuihe Mining and Nanjiang should complete the transfer of the titanium concentrates production line (currently under construction) by February 10, 2010 and provide written confirmation of the calculation of the Sum of Profits for the year ended December 31, 2009 and total construction costs incurred as of December 31, 2009 under the New Agreement as at the same date. Amount of construction costs payable to Nanjiang : Within 90 days from the date of the Termination Agreement, Xiushuihe Mining shall pay to Nanjiang approximately RMB85 million as part repayment of the outstanding construction costs under the New Agreement. Settlement of technical support service fee under the New Agreement : Within 90 days from the date of the Termination Agreement, Xiushuihe Mining shall pay to Nanjiang approximately RMB7.7 million as the technical support service fee for the period of July 1, 2008 to December 31, 2009 under the New Agreement. Continuous technical support to be provided by Nanjiang : Upon the effective date of the Termination Agreement, Nanjiang would continue to provide technical support to Xiushuihe Mining in relation to the Nanjiang Project until December 31, 2024. Within 180 days from the date of the Termination Agreement, Xiushuihe Mining shall make a one-off prepayment to Nanjiang at the amount of RMB62 million as technical support fee for the period of 15 years ending on December 31, 2024.
THE TERMINATION AGREEMENT. The Board announces that on 17 March 2016, the Company, CBA USD Investments and Florens entered into the Termination Agreement pursuant to which, inter alia, CBA USD Investments agreed to sell to Florens and Florens agreed to purchase from CBA USD Investments the Containers for a price of US$198,910,581 and that each of the leases of the Containers created under the Lease Agreement be terminated. Pursuant to the Termination Agreement, CBA USD Investments has also agreed to unconditionally and irrevocably release the Company from all its present, future, actual and contingent liabilities and obligations owing to CBA USD Investments under the Guarantee. The principal terms and conditions of the Termination Agreement are summarised below:
