Examples of HP Agreement in a sentence
The SGM will be convened at which resolutions will be proposed to seek the Independent Shareholders’ approval by way of poll in relation to (i) the Disposal Agreement; and (ii) the Master HP Agreement and its annual caps.
In addition, the Master HP Agreement and its annual caps are subject to the approval by the Independent Shareholders by way of poll at the SGM pursuant to Rules 14A.17 and 14A.52 of the Listing Rules.
The Funder may vary the amount of the Grant and the payment terms if: there is any change in any leasing/hire purchase/extended credit arrangements of any building to be provided for the Project as described in Schedule 2; any leasing/hire purchase/extended credit arrangements are not made with a party independent of the Applicant; or any leasing or HP arrangement do not contain an obligation to purchase the asset at the expiry of the terms of the lease or HP Agreement.
The EC-Founder Group will continue to purchase the HP Products from the Group under the Master HP Agreement.
Pursuant to the Master HP Agreement, the Group shall sell the HP Products to EC-Founder Group at the price based on the rack rate payable by the Group to HP, exclusive of any freight charges and tax payable, plus a commission at 0.3% which is determined with reference to the level of administrative expenses and financial costs incurred.