Rework clause in RPT

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How to rework clause in RPT

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hey guys whatamp;#39;s going on welcome back to another episode in software engineering and salesforce gonna start a new series this week uh weamp;#39;re gonna cover some of the refactoring patterns from the classic book refactoring by martin fowler also with kent beck got it up on the screen i think this is an important book and i think it should be on every engineeramp;#39;s bookshelf and frankly these are shorter videos to make so uh on the weeks where iamp;#39;m a little pressed for time i thought you know what hey iamp;#39;ll hop on and we will cover a a refactoring pattern so this week we are going to do replace conditionals with a guard clause open up intellij whoop there it went bring it back there we go uh so the idea behind this pattern is let me click fix my typo there when we have so this is from the section in the book uh to simplify conditional logic and if youamp;#39;re like me i find conditional logic to be probably one of the hardest things in code to wrap my hea

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What is material modification in RPT policy?

1 Material modifications in relation to the Related Party Transaction(s) shall mean any change / variation / modification in an existing related party transaction / contract / arrangement, the financial effect of which is an increase in the per annum value of the relevant related party transaction / contract /

What is materiality of related party transactions?

All Material Related Party Transactions and material modifications thereof require the prior approval of the shareholders, by way of resolution. However, the same shall be put up to the Board for its approval at its meeting before the approval of shareholders.

What is RPT Policy?

Section 188 of the Companies Act, 2013 read with the Companies (Meetings of Board and its Powers) Rules, 2014 prescribe the approval mechanism for Related Party Transactions (RPTs), which, depending upon the value of transactions could vest with Board of Directors or Shareholders of the Company.

What is a back out clause in real estate?

A clause in a purchase agreement that gives buyers and sellers the right to cancel a contract if certain terms arent met. For example, a mortgage contingency requires the buyer to secure a mortgage loan by a certain deadline.

What is the materiality threshold for RPT?

Material Related Party Transaction(s) refer to any RPTs, either individually, or in aggregate over a twelve (12)-month period with the same Related Party, amounting to ten percent (10%) or higher of the PSEs total consolidated assets based on its latest audited financial statement.

What is the Mrpt Policy?

The Company shall conduct all Material Related Party Transactions (MRPT) on an arms length basis, on fair and reasonable terms and conditions no less favorable than any such terms available to unrelated third parties under the same or similar circumstances.

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