Examples of Xxxx Assets in a sentence
Following a Participant’s termination of employment from the Company, or at any time after attaining age 59-1/2, the Participant may withdraw Xxxx Assets from their Account.
For the years ended 31 December 2018 and 2019, Beijing Tianhai’s net profit after tax arising from the lease of the Xx Xxxx Xxxx Assets was RMB4,105,896.25 and RMB21,709,814.51 respectively (net profit before tax was RMB4,105,896.25 and RMB21,709,814.51 respectively).
Basis of contract award The County intends to award a contract to the lowest priced responsible bidder that submitted a responsive bid for each bid group.
The Seller shall obtain (at their expense) all governmental consents necessary in connection with the transfer of title to the Rights of Way associated with the San Xxxx Assets from EPNG ultimately to San Xxxx Co. (as successor in interest to Field Services).
The cash flow generated from the transfer of the Xx Xxxx Xxxx Assets can effectively support the sustainable and stable development of Beijing Tianhai’s principal business.
Xxxx hereby waives compliance by each and every member of the Parent Group with the requirements and provisions of any “bulk-sale” or “bulk-transfer” Laws of any jurisdiction that may otherwise be applicable with respect to the transfer or sale of any or all of the Xxxx Assets to any member of the Xxxx Group.
The above financial impact is for illustrative purposes only, and the actual gain to be recognized in the Group’s consolidated financial statements is subject to, among other things, actual costs and expenses in relation to the Transfer, the net book value of the Xx Xxxx Xxxx Assets on the completion date of the Transfer and the review by the Company’s auditors when the consolidated financial statements of the Group are finalised.
According to requirements of PRC law, Xxxxxxxxx Xxxxxxx, as the lessee of the Xx Xxxx Xxxx Assets, shall have the right of first refusal under the same terms.
Upon the completion of the Transfer, the Group expects to recognize a gain of approximately RMB382,680,169.34 (calculated based on the transfer price of RMB410,195,000 less the unaudited net book value of RMB27,514,830.66 of the Xx Xxxx Xxxx Assets as at 30 June 2020) from the Transfer.
As at 31 August 2020, the Xx Xxxx Xxxx Assets are valued at RMB405,100,000, according to the results of the valuation report issued by Asia-Pacific Consulting and Appraisal Limited on 16 September 2020.