Description of the Transactions. China Everbright shall procure CE Bank to provide the Deposit Services to members of the Group for a term of three years from 1 January 2020 to 31 December 2022. The Deposit Service Framework Agreement shall be non- exclusive, and the Group is at liberty to obtain deposit services from other third parties. The relevant parties shall enter into separate Deposit Agreements to set out the specific provisions of the Deposit Services, and the terms and conditions of the Deposit Agreements shall be determined by the relevant parties in accordance with the terms of the Deposit Service Framework Agreement. The term of each of the Deposit Agreements shall not exceed the term of the Deposit Service Framework Agreement.
Appears in 1 contract
Sources: Deposit Service Framework Agreement, Loan Service Framework Agreement, Lease Framework Agreement
Description of the Transactions. China Everbright shall procure CE Bank to provide the Deposit Services to members of the Group for a term of three years commencing retrospectively from 1 January 2020 to 31 December 2022. The New Deposit Service Framework Agreement shall be non- non-exclusive, and the Group is at liberty to obtain deposit services from other third parties. The relevant parties shall enter into separate Deposit Agreements to set out the specific provisions of the Deposit Services, and the terms and conditions of the Deposit Agreements shall be determined by the relevant parties in accordance with the terms of the New Deposit Service Framework Agreement. The term of each of the Deposit Agreements shall not exceed the term of the New Deposit Service Framework Agreement.
Appears in 1 contract
Description of the Transactions. China Everbright shall procure CE Bank to provide the Deposit Services to members of the Group for a term of three years commencing from 1 January 2020 2023 to 31 December 20222025. The New Deposit Service Framework Agreement shall be non- non-exclusive, and the Group is at liberty to obtain deposit services from other third parties. The relevant parties shall enter into separate Deposit Agreements to set out the specific provisions of the Deposit Services, and the terms and conditions of the Deposit Agreements shall be determined by the relevant parties in accordance with the terms of the New Deposit Service Framework Agreement. The term of each of the Deposit Agreements shall not exceed the term of the New Deposit Service Framework Agreement.
Appears in 1 contract
Sources: Deposit Service Framework Agreement