Common use of DISCLOSEABLE TRANSACTION Clause in Contracts

DISCLOSEABLE TRANSACTION. On 14 December 2015, GMR and the Sellers entered into the Agreement, under which the Sellers have agreed to sell, and GMR has agreed to acquire, the Medical Facilities at a consideration of US$20,000,000 (approximately HK$155,000,000). As the applicable percentage calculated according to Rule 14.07 of the Listing Rules exceeds 5% but is less than 25%, the Agreement and the transaction contemplated thereunder constitute a discloseable transaction of the Company and is therefore subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Discloseable Transaction Agreement

DISCLOSEABLE TRANSACTION. On 14 December 3 August 2015, GMR and the Sellers Vendor entered into the Agreement, under which the Sellers have Vendor has agreed to sell, and GMR has agreed to acquire, the Medical Facilities Facility at a consideration of US$20,000,000 10,750,000 (approximately HK$155,000,000HK$83,348,000). As the applicable percentage calculated according to Rule 14.07 of the Listing Rules exceeds 5% but is less than 25%, the Agreement and the transaction contemplated thereunder constitute a discloseable transaction of the Company and is therefore subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Discloseable Transaction Agreement

DISCLOSEABLE TRANSACTION. On 14 December 201515 April 2014, GMR and the Sellers Vendor entered into the Agreement, under which the Sellers have Vendor has agreed to sell, and GMR has agreed to acquire, the Medical Facilities Facility at a consideration of US$20,000,000 21,710,000 (approximately HK$155,000,000HK$168,470,000). As the applicable percentage calculated according to Rule 14.07 of the Listing Rules exceeds 5% but is less than 25%, the Agreement and the transaction contemplated thereunder constitute a discloseable transaction of the Company and is therefore subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Agreement (Global Medical REIT Inc.)

DISCLOSEABLE TRANSACTION. On 14 December 20158 January 2016, GMR and the Sellers Vendor entered into the Agreement, under which the Sellers have Vendor has agreed to sell, and GMR has agreed to acquire, the Medical Facilities at a Facility for consideration of US$20,000,000 15,450,000 (approximately HK$155,000,000HK$120,201,000). As the applicable percentage calculated according to Rule 14.07 of the Listing Rules exceeds 5% but is less than 25%, the Agreement and the transaction contemplated thereunder constitute a discloseable transaction of for the Company and is therefore subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Discloseable Transaction Agreement

DISCLOSEABLE TRANSACTION. On 14 December 30 September 2015, GMR and the Sellers Vendor entered into the Agreement, under which the Sellers have Vendor has agreed to sell, and GMR has agreed to acquire, the Medical Facilities Facility at a consideration of US$20,000,000 17,500,000 (approximately HK$155,000,000HK$135,625,000). As the applicable percentage calculated according to Rule 14.07 of the Listing Rules exceeds 5% but is less than 25%, the Agreement and the transaction contemplated thereunder constitute a discloseable transaction of the Company and is therefore subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Agreement