Assignment Price Sample Clauses

Assignment Price. 4.1 According to the Loan Agreement (hereinafter referred to as the “loan agreement-1”) signed by Xxx Xxxx, Xxxxxx Xxx (hereinafter collectively referred to as the “original shareholder”) and the WFOE on 9 November 2012, the Loan Agreement (hereinafter referred to as the “loan agreement-2” and jointly with loan agreement-1 as “Loan Agreement” in this paragraph) signed by the original shareholder Xxxxxx Xxx and the WFOE on 20 June 2014, and the Liability Assumption Agreement signed by the original shareholder Xxxxxx Xxx and the WFOE on 20 June 2014 , the original shareholder Xxxxxx Xxx owe a debt totaling RMB279,180 to the WFOE. Therefore, the parties hereby agree that the assignment price of the option equity of the original shareholder Xxxxxx Xxx shall be equivalent to the amount of the corresponding debt owed by the original shareholder Xxxxxx Xxx to the WFOE under the Loan Agreement at the material time; nevertheless, if the minimum assignment price permitted by the then PRC laws is higher than such debt amount, the minimum assignment price permitted by the PRC laws shall prevail. Notwithstanding the above provisions, the original shareholder Xxxxxx Xxx shall exempt the WFOE from the payment obligations for the portion of the minimum assignment price permitted by the PRC laws in excess of such debt amount in accordance with the PRC laws and regulations. When the WFOE exercises the Purchase Option granted by the original shareholder Xxxxxx Xxx, the WFOE shall have the right to pay the assignment price by directly canceling the debts owed by the original shareholder Xxxxxx Xxx to the WFOE at the material time. The ratio of the cancelled debt to the total debt owed by the original shareholder Xxxxxx Xxx at the material time shall be equivalent to the ratio of the equity assigned by the original shareholder Xxxxxx Xxx to the total equity held by them in the Company. 4.2 Except as otherwise provided in Article 4.1 above, each time the WFOE exercise its right, the entire assignment price that the WFOE and/or its designated entity or individual shall pay to each Existing Shareholder shall be RMB One (1); nevertheless, if there are any mandatory provisions on the assignment prices in the PRC laws then, the assignment price shall be the minimum price permitted by the PRC laws. Notwithstanding the above provisions, the Existing Shareholder shall jointly exempt the WFOE from the payment obligations for the portion of the minimum assignment price permitted by the P...

Assignment Price. The Assignee shall, under this Assignment, pay to Assignee the amount of 75% of the face value of any Note under this Agreement within 12 months of the date of each assignment for the assignment, where the transfer of the Note(s) to Assignee shall occur no later than 5 business days after any relevant payment from Assignor to Borrower has been affected or on such other date as Assignee and Assignor shall agree and confirm in writing (the “Assignment Date”).

Assignment Price. 4.1 According to the Loan Agreement (hereinafter referred to as the “loan agreement”) signed by the Existing Shareholders and the WFOE on 18 July 2018, the Existing Shareholders owe a debt totaling RMB10 million to the WFOE. Therefore, the parties hereby agree that the assignment price of the option equity of each Existing Shareholder shall be equivalent to the amount of the corresponding debt owed by each Existing Shareholder to the WFOE under the Loan Agreement at the material time; nevertheless, if the minimum assignment price permitted by the then PRC laws is higher than such debt amount, the minimum assignment price permitted by the PRC laws shall prevail. Notwithstanding the above provisions, the Existing Shareholders shall jointly exempt the WFOE from the payment obligations for the portion of the minimum assignment price permitted by the PRC laws in excess of such debt amount in accordance with the PRC laws and regulations. When the WFOE exercises the purchase option granted to the Existing Shareholders, the WFOE shall have the right to pay the assignment price by directly canceling the debts owed by the Existing Shareholders to the WFOE at the material time. The ratio of the cancelled debt to the total debt owed by the Existing Shareholders at the material time shall be equivalent to the ratio of the equity assigned by the Existing Shareholders to the total equity held by them in the Company. 4.2 The parties hereby agree that the assignment price of the assets of the Company shall be RMB One (1); nevertheless, if the minimum assignment price permitted by the then PRC laws is higher than the said price, the minimum assignment price permitted by the PRC laws shall prevail. Notwithstanding the above provisions, the Company shall exempt the WFOE from the payment obligations for the portion of the minimum assignment price permitted by the PRC laws in excess of RMB One (1) in accordance with the PRC laws and regulations.

Assignment Price. 4.1 Vanguard shall pay for the assignment of the Option by issuing to COASTAL a total of4,000,000 common shares (the “Vanguard Shares”) and cash in amount of CAD $250,000.00payable to COASTAL or to the third party by COASTAL request in further consideration of Vanguard and by assuming all of the obligations of COASTAL under the Maxore Agreement, including the obligation to make payments to Maxore as operator of the Property.

Assignment Price. The purchase price for said Assignment (“Assignment Price”) paid to Assignor by Assignee shall be: $ to be paid as follows: NIN 🞏 In cash, or its equivalent, on the date hereof, receipt of which is hereby acknowledged; 🞏 In cash, or its equivalent, at the closing of the sale contemplated by the Agreement.

Assignment Price. We will pay to you for each Assigned Account a price (an "Assignment Price") equal to Eighty percent (80%) for EPC, Seventy-Five percent (75%) for TEI, and Eighty percent (80%) for All of the outstanding amount of such Account. We will not purchase All accounts until the existing security interest on accounts receivable is either released or fully subordinated.

Assignment Price. The assignment price for the Purchase Agreement ("Assignment Price") to be paid by Assignee is the sum of the following: (a) One Hundred Thousand Dollars ($100,000.00), paid to Assignor herewith reflecting the Deposit paid by Assignor under the Purchase Agreement which is hereby assigned to Assignee; (b) Two Hundred Thousand Dollars ($200,000.00), paid to the Escrow Agent herewith ("Assignment Deposit") and to be paid by the Escrow Agent as provided in Section 2.3; and (c) Nine Hundred and Sixty-One Thousand Dollars ($961,000.00) ("Purchase Deposit"), to be paid to the Escrow Agent five (5) Business Days prior to the Closing under the Purchase Agreement. At the Closing and payment in full of the Assignment Price to Assignor, Assignor shall be deemed to have assigned to Assignee all rights, if any, that Assignor has in any work product prepared by Assignor's surveyors, engineers, title companies and other consultants with respect to the Property. At or prior to the closing, the Assignor shall have paid all surveyors, engineers, title companies and other consultants for any and all work done with respect to the Property which was requested by the Assignor, even though the work was assigned to the Assignee. Assignor agrees to indemnify and hold harmless the Assignee from any and all claims by surveyors, engineers, title companies and other consultants hired by the Assignor to do work with respect to the Property.

Assignment Price. 4.1.1. The consideration for the assignment of the Business Assets shall be USD 80,250,000 plus applicable VAT in cash (hereinafter called “the Assignment Price”). The Assignment Price is payable to the Assignor’s Account on the Closing Date. 4.1.2. The Assignee shall also further credit USD 107,000 to Assignor as a Closing Adjustment in relation to the bond of USD 400,000 (in the amount of USD 50,000 for each Exploration License) that had been placed by the parties of the Operating Agreement with the GDPA against drilling one well in the Exploration Licenses before November 2010.

Assignment Price. 8% to Provider (Eight Percent) of Face Value plus 2% (Two Percent) commission fees for consultants 6. Payment: By SWIFT MT103

Assignment Price. It is agreed that it will be wholly impractical to calculate a proportional remuneration for the Assignor based on income earned by PERNOD XXXXXX from the exploitation of the Works, the financial consideration payable for the assignment of the Intellectual Property Rights shall therefore be a fixed, all-inclusive remuneration, in accordance with Article L. 131-4 of the French Intellectual Property Code In consideration for the assignment of Intellectual Property Rights in and to the Works, PERNOD XXXXXX hereby agrees to pay to the Assignor an overall lump sum amount of 500 (five hundred) £ for each Works individually. The Assignor shall have no claim for any further payment whatsoever The Assignor warrants and confirms to PERNOD XXXXXX that: It is free to enter into this Assignment Agreement and to grant to PERNOD XXXXXX all rights and consents granted in it; To the extent that they are not already owned by PERNOD XXXXXX, it is the sole, absolute, unencumbered legal and beneficial owner of all Intellectual Property Rights in the Works; It has not assigned or purported to assign any of the Intellectual Property Rights in the Works to any third party nor given permission to any third party to use any of the Intellectual Property Rights in the Works; It has obtained all necessary consents, permissions and licences to enable PERNOD XXXXXX and any member of the Group to use and exploit the Works worldwide for the duration of protection of the Intellectual Property Rights in the Works; The Works were created independently and without any reference to any third party works; The use and exploitation in any way of the Works by PERNOD XXXXXX or any member of the Group will not infringe any intellectual property or similar rights of a third party; and At the time of signature of the present Assignment Agreement, the Intellectual Property Rights in the Works are not subject to any claim or dispute. To the extent that the warranties mentioned above are breached by the Assignor, the Assignor shall indemnify and keep indemnified PERNOD XXXXXX and any member of the Group, including their officers, directors and employees from and against all claims, damage, losses, costs (including, without limitation, all reasonable legal costs), expenses, demands or liabilities incurred as a result of such breach.