Common use of Consideration and Payment Schedule Clause in Contracts

Consideration and Payment Schedule. Both the Transferor and the Transferee agree that the consideration of 70% equity of the Target Company (hereinafter referred to as the "Consideration") shall be RMB135,000,000.00 (including tax). In any cases, the amount of the Consideration will not be adjusted. But if any party breaches this Agreement, the breaching party shall take the corresponding liabilities of breach.

Appears in 2 contracts

Samples: Transfer Agreement (China New Energy Group CO), China New Energy Group CO

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Consideration and Payment Schedule. 3.1 Both the Transferor and the Transferee agree that the consideration of 7030% equity of the Target Company (hereinafter referred to as the "Consideration") shall be RMB135,000,000.00 RMB 65,000,000.00 (including tax). In any cases, the amount of the Consideration will not be adjusted. But if any party breaches this Agreement, the breaching party shall take the corresponding liabilities of breach.

Appears in 1 contract

Samples: China New Energy Group CO

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Consideration and Payment Schedule. Both the Transferor and the Transferee agree that the consideration of 70% equity of the Target Company (hereinafter referred to as the "Consideration") shall be RMB135,000,000.00 RMB270,000,000.00 (including tax). In any cases, the amount of the Consideration will not be adjusted. But if any party breaches this Agreement, the breaching party shall take the corresponding liabilities of breach.

Appears in 1 contract

Samples: Equity Transfer Agreement (China New Energy Group CO)

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