Common use of Deferred Expenses Clause in Contracts

Deferred Expenses. Relevant site and house rental agreement shall be handled in accordance with the delivery methods in Article 10 of this Annex. The balances of deferred expenses and corresponding deadlines and ownership shall be determined by both parties, and sellers shall provide account entry bases. The handover shall be deemed as completed upon the signing of Delivery Confirmation by both parties.

Appears in 2 contracts

Sources: Agreement on Purchase of Stock Tower Related Assets by Issuance of Shares and Payment of Cash (China Telecom Corp LTD), Agreement on Purchase of Stock Tower Related Assets (CHINA UNICOM (HONG KONG) LTD)