Equity Transfer. 1.1 Party B agrees to transfer the Relevant Equity Interest to Party A with each of the Party B transferring the all of the registered capital as set forth in the Attachment A. Party A agrees to accept such transfer. After the closing of the transfer, Party A is to hold a 100% equity stake in Party B.
1.2 As the consideration for the equity transfer, Party A shall pay each of the Party B the number of RMB Yuan setting forth in the Attachment A pursuant to Article A.
1.3 Party B agrees to the Equity Transfer under this Article, and is willing to and shall procure the other shareholders (other than Party B) of Party C to be willing to sign necessary documents including resolutions of shareholders’ meeting and letters on waiver of preemptive right to acquire the Relevant Equity Interest in respect thereof and assist in completing other necessary formalities for the Equity Transfer.
1.4 Party B and Party C shall be jointly and separately responsible for taking necessary actions, including but not limited to signing this Agreement, adopting the resolutions of shareholders’ meeting and the amendments to the articles of association etc., in order to achieve the transfer of equity interest from Party B to Party A, and responsible for completing all governmental approval or industrial and commercial registration formalities within ten working days from the sending of the notice of exercise by Party A in accordance with the provisions of the Equity Option Agreement to make Party A become the registered owner of such equity interest in the register.
Equity Transfer. Each time when Party A exercises the option, within ten working days from the receipt of the notice of exercise from Party A in accordance with Article 2.4 hereof:
(1) the Grantors shall procure Party C to hold the meeting of the shareholders’ meeting on a timely basis, at which the resolutions of shareholders’ meeting approving the transfer of the equity interest from the Grantors to Party A and/or the third party designated by Party A and the Grantors waive the right of first refusal shall be adopted;
(2) the Grantors shall sign a transfer agreement which is consistent with the material content of the Equity Transfer Agreement set out in Attachment 2 hereto with Party A (or if applicable, the third party designated by it);
(3) the parties collectively listed as Party B shall execute all other necessary contracts, agreements or documents, obtain all necessary governmental approvals and consents and take all necessary actions to transfer valid ownership of the equity interest purchased to Party A and/or the third party designated by Party A without any security interest, cause Party A and/or the third party designated by Party A to become the registered owner of the equity interest purchased registered in the industrial and commercial register and deliver to Party A and/or the third party designated by Party A the latest business license, articles of association and certificate of approval (if applicable) and other relevant documents issued by or registered with the relevant Chinese authorities showing the change of the equity interest in Party C and the change of directors and legal representative etc.
Equity Transfer. 1.1 Party B and Party C agree to transfer the Equity to Party A, and Party A agrees to acquire such Equity. Upon completion of the Equity Transfer, Party A shall hold 100% of the Equity.
1.2 Party A shall pay Party B and Party C in the amount of RMB [ ] as the consideration of the Equity Transfer in accordance with Section 2 hereof.
1.3 Party B and Party C agree on the Equity Transfer under this Section, and will cause other shareholders of Party D (other than Party B and Party C) to sign necessary documents such as resolutions of shareholders’ meeting and waiver of pre-emption right of the Equity, and to assist in completing other formalities as necessary for the Equity Transfer.
1.4 Party B, Party C and Party D shall take all necessary actions jointly or individually, including but not limited to entering into this Agreement, adopting the resolutions of shareholders’ meeting and the amendments to the articles of association, for the purpose of effecting the Equity Transfer and shall be responsible for obtaining all governmental approvals or completing all registration formalities with the Administration for Industry and Commerce within ten (10) business days from the date when Party A issues the exercise notice in accordance with the Amended and Restated Exclusive Call Option Agreement through which Party A is registered as the owner of the Equity.
Equity Transfer. CLIENT'S common stock. To retain the services of PROVIDER, CLIENT agrees to issue SEVEN HUNDRED THOUSAND (700,000) common shares to PROVIDER. The securities will be issued in a private, exempt transaction under Section 4(2) of the Securities Act of 1933 pursuant to Rule 701 for consulting services, or other applicable exemption if necessary.
Equity Transfer. 1. Party A consents to transfer 88% equity of Party C to Party B, Party B agrees to accept the equity;
2. The above-mentioned equity shall include all the attached interests and rights under that equity, and shall be free and clear of (including, but not limited to) all liens, pledges, encumbrances, charges, restrictions or known claims of any kind, nature or description.
3. When the agreement takes effect, Party A shall not burden any obligations and responsibilities for the operational management and claims and Debts of Party C.
Equity Transfer. 1.1 This equity transfer (hereinafter referred to as the “Equity Transfer”), subject to the fulfillment or written waiver by the Transferee of all prerequisites specified in Article 3 (hereinafter referred to as the “Closing Conditions”), will be completed upon the Transferee’s acquisition of the paid-up registered capital held by the Transferor in the Company in the amount of CNY 111,825 (hereinafter referred to as the “Target Equity”) at the price of CNY10,000,000 (hereinafter referred to as the “Equity Transfer Price”).
1.2 [***]
Equity Transfer. When Party A exercises the option by Party A in each time, within ten business days upon receipt of the exercise notice issued by Party A in accordance with Article 2.4 hereof:
(1) The Grantors shall cause Party C to convene a shareholders’ meeting and adopt a shareholders’ resolution at the meeting which authorizes the Grantors to transfer the equity to Party A and/or its designated third party;
(2) The Grantors shall sign a transfer agreement with Party A (or its designated third party, if applicable) in the substantial form of the equity transfer agreement as listed in Appendix A attached to;
(3) The parties in Party B shall execute all other required contracts, agreements or documents, obtain all required government approvals and consents and take all required actions, transfer the valid ownership of the acquired equity to Party A and/or its designated third party without attachment of any security, make Party A and/or its designated third party become the registered owner of the acquired equity, and provide Party A or its designated third party with the new business license, articles of association, approval certificate (if applicable) and other relevant documents issued by or registered with the relevant authority of China, which shall embody the change of Party C’s equity, directors and legal representative, etc.
Equity Transfer. 1.1 Party C agrees to transfer the Relevant Equity to Party A and Party A agrees to acquire this transfer. After the closing of the transfer, Party A is to hold a [ ]% equity stake in Party B.
1.2 As the consideration for the equity transfer, Party A shall pay Party C RMB . pursuant to Article 2.
1.3 Party C approves the Equity Transfer stipulated in this article, and is willing to urge the other shareholders of Party B (other than Party C) to execute the necessary documents including resolutions of shareholders meeting and documents waiving their right of first refusal to the Relevant Equity and to provide assistance in handling other formalities necessary for the Equity Transfer.
1.4 Party C and Party B shall jointly and separately take all actions necessary for realization of the transfer of the equity from Party C to Party A, including but not limited to execution of this Agreement, adoption of resolutions of shareholders meeting, modification of by-law, and shall, within ten business days from the date on which Party A send the notification on exercising of option pursuant to the provisions made in the Equity Disposal Agreement, finish all formalities for government approval and registration with administration for industry and commerce, so as to enable Party A to become the registered holder of such equity.
Equity Transfer. The Company shall have publicly disclosed via Xxxxx in a Form 8-K that the equity transfer contemplated by that certain Equity Transfer Agreement, dated August 31, 2006, by and between the Company (for purposes hereof, including the predecessor of the Company) and DIL, shall have occurred and the transactions contemplated by such Equity Transfer Agreement shall have closed; and
Equity Transfer. At each time when Party A exercises the option and within 10 working days after receiving the notice for exercising the option issued by Party A according to Article
