Common use of Equity Interest Purchase Price Clause in Contracts

Equity Interest Purchase Price. The purchase price of the Optioned Interests (the “Base Price”) shall be XXX 00. If PRC law requires a minimum price higher than the Base Price when Party A exercises the Equity Interest Purchase Option, the minimum price regulated by PRC law shall be the purchase price (collectively, the “Equity Interest Purchase Price”). Subject to the fulfillment in full of Section 6 of this Agreement by Party C, Party B shall transfer the Equity Interest Purchase Price and any other proceeds obtained by Party B from such transfer of the Optioned Interest to Party A or the Designee at nil consideration immediately after receiving the Equity Interest Purchase Price and such proceeds for the transfer of the Optioned Interest. For avoidance of doubt, the Equity Interest Purchase Price transferred to Party A or the Designee shall deduct (i) such portion equivalent to the Party B’s capital contribution of its own funds (which shall not include the amount of the loan that Party A lent to Party B for the purpose of increasing the registered capital of Party C) to Party C and (ii) any and all transfer and registration taxes, expenses, and fees paid by Party B in connection with the preparation and execution of this Agreement and the Transfer Contracts (as defined below), as well as the consummation of the transactions contemplated under this Agreement and the Transfer Contracts.

Equity Interest Purchase Price. The purchase price of the Optioned Interests (the “Base Price”) shall be XXX 00. If PRC law requires a minimum price higher than the Base Price when Party A exercises the Equity Interest Purchase Option, the minimum price regulated by PRC law shall be the purchase price (collectively, the “Equity Interest Purchase Price”). Subject to the fulfillment in full of Section 6 of this Agreement by Party C, Party B shall transfer the Equity Interest Purchase Price and any other proceeds obtained by Party B from such transfer of the Optioned Interest to Party A or the Designee at nil consideration immediately after receiving the Equity Interest Purchase Price and such proceeds for the transfer of the Optioned Interest. For avoidance of doubt, the Equity Interest Purchase Price transferred to Party A or the Designee shall deduct (i) such portion equivalent to the Party B’s capital contribution of its own funds (which shall not include the amount of the loan that Party A lent to Party B for the purpose of increasing the registered capital of Party C) to Party C and (ii) any and all transfer and registration taxes, expenses, and fees paid by Party B in connection with the preparation and execution of this Agreement and the Transfer Contracts (as defined below), as well as the consummation of the transactions contemplated under this Agreement and the Transfer Contracts.