Common use of Completion of Transfer Clause in Contracts

Completion of Transfer. 6.1 On the Completion Date (as defined below), the transferee(s) shall become the legitimate holder(s) of the relevant portion of the Equity Interest and enjoy all the rights and assume all the obligations of such shareholding under PRC law and the articles of association of the Domestic Co, and the relevant Shareholder(s) shall no longer enjoy any right or assume any obligation in connection with such shareholding.

Appears in 4 contracts

Samples: Call Option Agreement, Call Option Agreement (Newegg Inc), Call Option Agreement (Newegg Inc)

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