Equity Transfer Consideration Sample Clauses
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Equity Transfer Consideration. The Equity Transfer Consideration for the Target Equity under this Agreement is RMB 40,998,100.00 Yuan (approximately equivalent to $6,500,000.00 US Dollars based on the average exchange rate of 6.3074 during the period from January 2012 to June 2012 as announced by SAFE, and this Agreement shall be settled in RMB and the US Dollars amount is only cited as a reference). Party A has no obligation to pay the Transferor for the Target Equity other than the Consideration stipulated herein.
Equity Transfer Consideration. As consideration for the transfer of the Transferred Equity Interest and the Partnership Reorganization affecting the Corporation described in Article II of the Pre-Lease Agreement, Dignity Health shall pay the District Fourteen Million, Five Hundred Thousand Dollars ($14,500,000.00) at Closing (“Equity Transfer Consideration”). The Equity Transfer Consideration represents forty nine percent (49%) of the liquidation value of the Corporation as of the Effective Date.
Equity Transfer Consideration. Upon the terms and subject to the conditions of in this Agreement (including Section 2.3), the aggregate consideration that Purchaser shall pay or cause to be paid to Sellers for all of the Purchased Equity (the “Equity Transfer Consideration”) shall comprise:
(a) Upfront Payment: a total cash amount of US$1,800,000, plus (x) Cash, minus (y) all Indebtedness (the “Upfront Payment”); provided that Purchaser shall only pay to Sellers a total net cash amount equal to (A) the Upfront Payment, minus (B) the full amount of the Equity Transfer Taxes paid by Purchaser on behalf and for the benefit of Sellers pursuant to Section 2.3, within thirty (30) Business Days after the Closing; and
(b) Quarterly Payments: a total cash amount of up to US$1,200,000, in a series of eight (8) equal installments over a period of twenty-four (24) months after the Closing, with each installment of US$150,000, payable at a three (3)-month interval commencing from the date that is three (3) months after the Closing (each, a “Quarterly Payment” and the due date for each Quarterly Payment, a “Quarterly Payment Date”); provided that Purchaser will deliver to the Seller Representative reasonably soon after the Closing (but in any event before the first Quarterly Payment Date) a letter of credit or another form of deposit certificate issued by a creditworthy bank of I-Mab US or another non-PRC Affiliate of Purchaser showing at least the total amount of the Quarterly Payments.
Equity Transfer Consideration. The equity transfer consideration of the Target Equities was determined based on the 50% of the net asset value of Target Company as of June 30, 2014, the said consideration being RMB 9,105,254.
Equity Transfer Consideration. The aggregate consideration for Equity Transfer shall be Ten Million Yuan (RMB10,000,000) in total (“Consideration”). The Transferee shall pay the Consideration to the Transferor in accordance with Article 3 hereof.
Equity Transfer Consideration
