Consideration of Option. The Grantor acknowledges that the WFOE’s provision of the Loan to the Grantor is deemed to be the consideration for the grant of the Option, the sufficiency and payment of which have been acknowledged and recognized.
Appears in 10 contracts
Samples: Equity Option Agreement (Kaixin Auto Holdings), Equity Option Agreement (Kaixin Auto Holdings), Equity Option Agreement (Renren Inc.)
Consideration of Option. The Grantor acknowledges that the WFOE’s provision of the Loan to the Grantor is deemed to be the consideration for the grant of the Option, the sufficiency and payment of which have been acknowledged and recognized.
Appears in 5 contracts
Samples: Equity Option Agreement (Youku Tudou Inc.), Equity Option Agreement (Youku Tudou Inc.), Equity Option Agreement (Youku Tudou Inc.)
