For purposes of this Section 3.12 only, “Indebtedness” means, without duplication, the principal or face amount of (i) all obligations for borrowed money, (ii) all obligations evidenced by debentures, notes or other similar instruments, (iii) all obligations in respect of letters of credit ...
In recent years, the Bank has further built upon its strengths in the trade finance business and co-ordinated the development of traditional businesses such as international settlement and issuance of letters of guarantee, and emerging businesses, such as cross-border Renminbi business and supply ...
(iv) to review all management representation letters ; (v) to obtain from the outside auditors assurance that the audit was conducted in a manner consistent with Section 10A of the Exchange Act, which sets forth certain procedures to be followed in any audit of financial statements required ...
Over the past year, the Board of Supervisors put forward more than 200 supervisory recommendations to the Board of Directors and the Senior Management via letters of supervisory recommendation, duty performance evaluation opinions, supervision and evaluation opinions, quarterly supervision reports and ...
9.2 Each Consenting Creditor acknowledges and agrees that: 14 (a) the Information Agent shall be responsible for: (i) receipt and processing of the Accession Letters and Transfer Notices; (ii) distribution of Accession Codes; (iii) reconciling the holdings of the Consenting Creditors as of the ...
20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION ...
Each officer, director and certain existing shareholders of the Company and person or entity with a right to acquire shares of the Company set forth on Schedule C hereto has furnished to the Representative on or prior to the date hereof a letter or letters substantially in the form of Exhibit...
Special resolution number 1 will enable the Company to provide such financial assistance to these persons, for any purpose in the normal course of business of the Sasol Group, including facilitating effective day-to-day operations and organisation of its internal financial administration and in ...
Credit commitments are the major components of off-balance sheet items and comprise loan commitments, bank acceptances, guarantees and letters of guarantee, letters of credit and credit card commitments. Composition of Credit Commitments Item Loan commitments Bank acceptances Guarantees and le...
On 28 June 2021, the Longfen Primary School Comprehensive Teaching Building project, a poverty alleviation project of Shanghai General Station of Immigration Inspection under National Immigration Administration assisted by SITC, broke ground. Through going deep into poverty-stricken villages, helping the ...