Examples of Original Vendor in a sentence
According to the information provided by the Vendor, the Target Companies entered into the Provisional Agreements and the Formal Sale and Purchase Agreements with the Original Vendor in March and May 2015 respectively, whereby the Target Companies agreed to acquire from the Original Vendor seven whole floors of Henan Building, Nos.
Further details of the Original Vendor and the Provisional Agreements are set out in the section headed “Information on the Target Companies and the Target Properties” in the Letter from the Board contained in this circular.
On Completion, if any of the Provisional Agreements has not been completed yet, then the Vendor shall provide written payment instructions to the Purchaser such that the Balance Consideration is directly applied to meet the Target Companies’ outstanding payment obligations owed to the Original Vendor under the Provisional Agreements.
In July 2016, Beijing Zhong Wu Xin He Property Development Company Limited* (北京中物信和房地產開發有限公司, hereinafter referred to as “ Zhong Wu Xin He”), a related company of the Company’s former executive director, Mr. Zhou Wei (“Mr. Zhou”) and a third party company established in the PRC (the “Original Vendor”) entered into an agreement pursuant to which Zhong Wu Xin He agrees to sell two of its properties in Beijing (the “BJ Properties”) to the Original Vendor at a consideration of RMB1,070,000,000.
According to the information provided by the Vendor, the Target Companies entered into Provisional Agreements and Formal Sale and Purchase Agreements with the Original Vendor in March 2015 and May 2015 respectively, whereby the Target Companies agreed to acquire from the Original Vendor seven whole floors of Henan Building, Nos.
As set out in the Acquisition Announcement, the Original Vendor warranted that the revenue of the Target as of 31 December 2022 shall not be less than RMB30,000,000.
Management has advised that whilst Vista Gold (Antigua) Corp is the beneficial owner of 100% of the equity in Compania Inversora Vista S.A, Vista Gold Corp (Original Vendor) remains as the registered holder of 2,893 shares (representing approximately 96.65% equity interest) in Compania Inversora Vista S.A. Republic Gold has requested that the Original Vendor assign its interest in the shares of Compania Inversora Vista S.A. to Vista Gold (Antigua) Corp before Completion.
However, you are required to input the Tax Reference Number of the Purchaser(s) on whose behalf the fiduciary is acting.4.5 Sub-PurchaserIf a conveyance or transfer has not been executed in favour of the Original Purchaser and the property is being conveyed from the Original Vendor to the Sub-Purchaser, Section 46 of the SDCA may apply.
To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, it does not have any current or prior relationships (whether expressed or implied) among the Purchaser, the Assignor and the Original Vendor.
As at the Latest Practicable Date, to the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, the Purchaser, the Assignor and the Original Vendor, together with its ultimate beneficial owners are third parties independent of and not connected with the Company and its connected persons.