Common use of Disclosure of Transference of Control Clause in Contracts

Disclosure of Transference of Control. (a) The Seller understands and accepts that certain legal and regulatory filings and disclosures will be required in order to properly and legally execute the transfer of control of the shares and assets. Such filings and disclosures include, but are not limited to the filing of a Schedule 14C Information Statement pursuant to Section 14(c) of the Securities Exchange Act of 1934 or a Form 8-K with the United States Securities and Exchange Commission. (b) One or more filings of the Initial statement of beneficial ownership of securities on Schedule 13D or other similar ownership forms. (c) The Seller will assist fully in the preparation and filing of all such required filings in order to fully insure that all required filings are executed and filed properly and in a timely manner. (d) The Seller will provide a detailed list of the individuals or entities (the “New Shareholder”), as indicated in Exhibit B, designated to receive common shares of AsiaFIN pursuant to issuance of the 8,232,038 common shares of AsiaFIN specified in this Agreement. (e) The above noted detailed list of the New Shareholder shall include the full legal name of the individual or entity receiving common shares of AsiaFIN, the full address and citizenship or corporate jurisdiction of each New Shareholder (Attached hereto as Exhibit B).

Appears in 2 contracts

Samples: Acquisition Agreement (Asiafin Holdings Corp.), Acquisition Agreement (Asiafin Holdings Corp.)

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Disclosure of Transference of Control. (a) The Seller Sellers understands and accepts that certain legal and regulatory filings and disclosures will be required in order to properly and legally execute the transfer of control of the shares and assets. Such filings and disclosures include, but are not limited to the filing of a Schedule 14C Information Statement pursuant to Section 14(c) of the Securities Exchange Act of 1934 or a Form 8-K with the United States Securities and Exchange Commission. (b) One or more filings of the Initial statement of beneficial ownership of securities on Schedule 13D or other similar ownership forms. (c) The Seller Sellers will assist fully in the preparation and filing of all such required filings in order to fully insure that all required filings are executed and filed properly and in a timely manner. (d) The Seller Sellers will provide a detailed list of the individuals or entities (the “New ShareholderShareholders”), as indicated in Exhibit B, designated to receive common shares Common Shares of AsiaFIN GRNQ pursuant to issuance of the 8,232,038 common shares 13,260,000 Common Shares of AsiaFIN GRNQ specified in this Agreement. (e) The above noted detailed list of the New Shareholder Shareholders shall include the full legal name of the individual or entity receiving common shares Common Shares of AsiaFINGRNQ, the full address and citizenship or corporate jurisdiction of each New Shareholder (Attached hereto as Exhibit B).

Appears in 1 contract

Samples: Sale and Purchase Agreement (Greenpro Capital Corp.)

Disclosure of Transference of Control. (a) The Seller understands Sellers understand and accepts accept that certain legal and regulatory filings and disclosures will be required in order to properly and legally execute the transfer of control of the shares and assets. Such filings and disclosures include, but are not limited to the filing of a Schedule 14C Information Statement pursuant to Section 14(c) of the Securities Exchange Act of 1934 or a Form 8-K with the United States Securities and Exchange Commission. (b) One or more filings of the Initial statement of beneficial ownership of securities on Schedule 13D or other similar ownership forms. (c) The Seller Sellers will assist fully in the preparation and filing of all such required filings in order to fully insure ensure that all required filings are executed and filed properly and in a timely manner. (d) The Seller Sellers will provide a detailed list of the individuals or entities (the “New ShareholderShareholders”), as indicated in Exhibit B, designated to receive common shares of AsiaFIN SEATech pursuant to issuance of the 8,232,038 21,831,660 common shares of AsiaFIN SEATech specified in this Agreement. (e) The above noted detailed list of the New Shareholder Shareholders shall include the full legal name of the individual or entity receiving common shares of AsiaFINAsia, the full address and citizenship or corporate jurisdiction of each New Shareholder (Attached attached hereto as Exhibit B).

Appears in 1 contract

Samples: Acquisition Agreement (SEATech Ventures Corp.)

Disclosure of Transference of Control. (a) The Seller Sellers understands and accepts that certain legal and regulatory filings and disclosures will be required in order to properly and legally execute the transfer of control of the shares and assets. Such filings and disclosures include, but are not limited to the filing of a Schedule 14C Information Statement pursuant to Section 14(c) of the Securities Exchange Act of 1934 or a Form 8-K with the United States Securities and Exchange Commission. (b) One or more filings of the Initial statement of beneficial ownership of securities on Schedule 13D or other similar ownership forms. (c) The Seller Sellers will assist fully in the preparation and filing of all such required filings in order to fully insure that all required filings are executed and filed properly and in a timely manner. (d) The Seller Sellers will provide a detailed list of the individuals or entities (the “New ShareholderShareholders”), as indicated in Exhibit BA, designated to receive common shares Common Shares of AsiaFIN GRNQ pursuant to issuance of the 8,232,038 common shares 486,171 Common Shares of AsiaFIN GRNQ specified in this Agreement. (e) The above noted detailed list of the New Shareholder Shareholders shall include the full legal name of the individual or entity receiving common shares Common Shares of AsiaFINGRNQ, the full address and citizenship or corporate jurisdiction of each New Shareholder (Attached hereto as Exhibit BA).

Appears in 1 contract

Samples: Acquisition Agreement (Greenpro Capital Corp.)

Disclosure of Transference of Control. (a) The Seller Sellers understands and accepts that certain legal and regulatory filings and disclosures will be required in order to properly and legally execute the transfer of control of the shares and assets. Such filings and disclosures include, but are not limited to the filing of a Schedule 14C Information Statement pursuant to Section 14(c) of the Securities Exchange Act of 1934 or a Form 8-K with the United States Securities and Exchange Commission. (b) One or more filings of the Initial statement of beneficial ownership of securities on Schedule 13D or other similar ownership forms. (c) The Seller Sellers will assist fully in the preparation and filing of all such required filings in order to fully insure that all required filings are executed and filed properly and in a timely manner. (d) The Seller Sellers will provide a detailed list of the individuals or entities (the “New ShareholderShareholders”), as indicated in Exhibit BA, designated to receive common shares Common Shares of AsiaFIN GRNQ pursuant to issuance of the 8,232,038 common shares 340,645 Common Shares of AsiaFIN GRNQ specified in this Agreement. (e) The above noted detailed list of the New Shareholder Shareholders shall include the full legal name of the individual or entity receiving common shares Common Shares of AsiaFINGRNQ, the full address and citizenship or corporate jurisdiction of each New Shareholder (Attached hereto as Exhibit BA).

Appears in 1 contract

Samples: Sale and Purchase Agreement (Greenpro Capital Corp.)

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Disclosure of Transference of Control. (a) The Seller understands and accepts that certain legal and regulatory filings and disclosures will be required in order to properly and legally execute the transfer of control of the shares and assets. Such filings and disclosures include, but are not limited to the filing of a Schedule 14C Information Statement pursuant to Section 14(c) of the Securities Exchange Act of 1934 or a Form 8-K with the United States Securities and Exchange Commission. (b) One or more filings of the Initial statement of beneficial ownership of securities on Schedule 13D or other similar ownership forms. (c) The Seller will assist fully in the preparation and filing of all such required filings in order to fully insure that all required filings are executed and filed properly and in a timely manner. (d) The Seller will provide a detailed list of the individuals or entities (the “New ShareholderShareholders”), as indicated in Exhibit BA, designated to receive common shares Common Shares of AsiaFIN GRNQ pursuant to issuance of the 8,232,038 common shares 2,080,200 Common Shares of AsiaFIN GRNQ specified in this Agreement. (e) The above noted detailed list of the New Shareholder Shareholders shall include the full legal name of the individual or entity receiving common shares Common Shares of AsiaFINGRNQ, the full address and citizenship or corporate jurisdiction of each New Shareholder (Attached hereto as Exhibit BA).

Appears in 1 contract

Samples: Acquisition Agreement (Greenpro Capital Corp.)

Disclosure of Transference of Control. (a) The Seller understands and accepts that certain legal and regulatory filings and disclosures will be required in order to properly and legally execute the transfer of control of the shares and assets. Such filings and disclosures include, but are not limited to the filing of a Schedule 14C Information Statement pursuant to Section 14(c) of the Securities Exchange Act of 1934 or a Form 8-K with the United States Securities and Exchange Commission. (b) One or more filings of the Initial statement of beneficial ownership of securities on Schedule 13D or other similar ownership forms. (c) The Seller will assist fully in the preparation and filing of all such required filings in order to fully insure that all required filings are executed and filed properly and in a timely manner. (d) The Seller will provide a detailed list of the individuals or entities (the “New Shareholder”), as indicated in Exhibit B, designated to receive common shares Common Shares of AsiaFIN GRNQ pursuant to issuance of the 8,232,038 common shares 1,842,000 Common Shares of AsiaFIN GRNQ specified in this Agreement. (e) The above noted detailed list of the New Shareholder shall include the full legal name of the individual or entity receiving common shares Common Shares of AsiaFINGRNQ, the full address and citizenship or corporate jurisdiction of each New Shareholder (Attached hereto as Exhibit B).

Appears in 1 contract

Samples: Acquisition Agreement (Greenpro Capital Corp.)

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