Platform Development Sample Clauses

Platform Development. The main goal of this phase is to create a platform which allows individual investors to choose and invest in an individual commercial real estate property and receive recurring rental income. The platform has been developed and has launched. Phase I of business development has concluded and the company is preparing to move to Phase II. 21 ERC721 is another Ethereum technical standard that defines a set of behaviors and events that involve the movment, ownership, and information regarding non-fungible items.

Platform Development. Aspire Holdings is a non-wholly owned subsidiary of the Company. Aspire Holdings entered into a Platform Development Master Agreement with each of the Company and CMCC on 10 January 2001. Details of these agreements were disclosed by the Company in compliance with the requirements of the Listing Rules in an announcement dated 10 January 2001. Pursuant to the two Platform Development Master Agreements, Aspire Holdings (or its subsidiaries) will provide the same scope of technology platform development and maintenance services to the Company, CMCC and their respective mobile telecommunications subsidiaries in various provinces, municipalities and autonomous regions in mainland China. These services include system and gateway integration services, hardware, software and system development (including development of applications), technical support and major overhaul services for the MISC Platform. -11- 14 -------------------------------------------------------------------------------- LETTER FROM THE BOARD -------------------------------------------------------------------------------- According to the Platform Development Master Agreements, each of the Company and CMCC will pay Aspire Holdings equipment charges, systems integration fees, software licensing fees, technical support fees and/or major overhaul charges, which will be determined according to standards laid down by the relevant governmental departments and/or by reference to market rates. As at the Latest Practicable Date, Aspire Holdings has commenced the provision of services pursuant to the Platform Development Master Agreements but no charges or fees have been paid by either the Company or CMCC to Aspire Holdings. UNDERTAKING PROVIDED BY CMCC CMCC, through CMHKG (a company in which CMCC has 100% economic interest), owns the entire issued share capital of CMBVI. CMBVI, in turn, is the immediate parent company of the Company holding approximately 75.6% of the issued share capital of the Company. CMCC has, in August 2000, undertaken in writing that, to the extent within CMCC's control, the Group will be treated equally with other cellular mobile communications operators in respect of all approvals, transactions and arrangements between the Group and CMCC and other cellular mobile communications entities controlled by CMCC. As most of the Group's Connected Transactions are with CMCC and its subsidiaries, the undertaking from CMCC would apply to the Connected Transactions described above. WAIVER OBTA...

Platform Development. BioMarine shall commercially develop and operate GMIT's platform complex situated on GMIT's leasehold into a mariculture facility in accordance with the plans and specifications outlined in Exhibit A hereto, including BioMarine's Sea Star Oyster Relay and Sea Trek Ocean Farming Systems.

Platform Development. Participant acknowledges that Predix is a dynamically evolving platform and that GED may continually develop, deliver and provide ongoing innovation to the Platform Services. GED may update Platform Services in its ordinary course of business and such updates will be notified as part of the standard release cycle.

Platform Development. (a) Omeros shall within seventy-five (75) days of the Closing Date purchase the Platform free and clear of Liens other than Permitted Liens. Omeros will deliver an Exercise Notice (as defined in the Option Agreement) to Patobios for the acquisition of the Platform within forty-eight (48) hours of the execution of this Agreement by Omeros and Vulcan; (b) Omeros shall, prior to the expiration of nineteen (19) months after the Closing Date: (i) screen using the Platform at least seventy-five percent (75%) of all Human Class A Orphan GPCRs using its standard method of GPCR screening, utilizing, in Omeros’ reasonable judgment, a substantial portion of its applicable and appropriate compound libraries for each such GPCR, which level of effort shall, for each such GPCR screened (other than where the same is not required, due to any easier method of compound identification for a particular Human Class A Orphan GPCR), be at least commensurate with the activities, resources, facilities or personnel conducted or devoted by Omeros to the screening of GPCRs within the set of five Human Class A Orphan GPCRs screened prior to the Closing Date; and (ii) commence a medicinal chemistry development program focused on, and use Commercially Reasonable Efforts in, advancing toward compound optimization for the purpose of developing a clinical candidate with respect to at least one orphan GPCR for which compounds were identified using the Platform; provided, however, that such nineteen (19) month period shall be extended to [†] in the event that Omeros has screened (as described above) at least [†] of all such Human Class A Orphan GPCRs within nineteen (19) months following the Closing Date, and provided, further, however, that the covenants set forth in this Section 5.01(b) shall expire and be of no further force and effect automatically upon the date on which Vulcan has received aggregate Share Payments of at least [†]. Within [†] after completing performance of the obligations set forth in this Section 5.01(b) (the “Screening Obligations”), Omeros shall provide Vulcan with written notice of such completion (the “Screening Completion Notice”). Vulcan shall have [†] following its receipt of the Screening Completion Notice to identify in writing any dispute regarding the satisfaction by Omeros of the Screening Obligations (a “Dispute Notice”). If no Dispute Notice is timely delivered by Vulcan, this Section 5.01(b) shall be deemed satisfied for any and all purposes of this Agree...

Platform Development executed in an agile manner with a two to four weeks sprint cadence, sprint demos and with a finishing release period with testing and deploy.

Platform Development. LIVMOR will customize the Platform at its cost in accordance with the Platform Requirements in accordance with the Statement of Work No. 1 set forth on Exhibit A. LIVMOR will report to HeartBeam on no less than a bi-monthly basis on its progress against the development schedule set forth in Statement of Work No. 1. LIVMOR will ensure that the Platform contains the level of performance, features, and functionality that are no less than or no inferior to those of the LIVMOR Portal.

Platform Development. Two Platform Development Master Agreements have been entered into between (i) Aspire Holdings and the Company; and (ii) Aspire Holdings and CMCC on 10 January 2001, pursuant to which Aspire Holdings (or its subsidiaries) will provide the same scope of technology platform development and maintenance services to the Company, CMCC and their respective mobile telecommunications subsidiaries in various provinces, municipalities and autonomous regions in Mainland China. The services include system and gateway integration services, hardware, software and system development (including development of applications), technical support and major overhaul services for the MISC Platform. Accordingly, each of the Company and CMCC will pay Aspire Holdings equipment charges, systems integration fees, software licensing fees, technical support fees and/or major overhaul charges, which will -24- 27 -------------------------------------------------------------------------------- LETTER FROM ROTHSCHILD -------------------------------------------------------------------------------- be determined according to standards laid down by the relevant governmental departments and/or by reference to market rates. As such, we are of the view that the Connected Transactions under the Platform Development Master Agreements are fair and reasonable so far as the Independent Shareholders are concerned. It should be noted that an upper limit for the payments by each of the Company and CMCC to Aspire Holdings in respect of the charges for these services will be imposed under the New Waiver which shall not exceed 3% of the Group's consolidated net tangible assets of the relevant financial year.

Platform Development. The Platform is currently under development. While Company intends to develop the Platform with features and concept described in the Token Documentation, the ultimate version of the Platform may be materially different from what is described in the Token Documentation for a variety of reasons. This may result in the Platform not meeting Purchaser’s expectations or the Token not functioning as originally intended.