Common use of Exchange and Delivery Clause in Contracts

Exchange and Delivery. Subject to the terms and conditions of this Agreement: (a) no later than 11:59 p.m. (Hong Kong time) on October 25, 2018 (the “Closing Date”), the Buyer shall pay, or cause to be paid, the Consideration to the Seller by electronic bank transfer of immediately available U.S. dollar funds to the designated bank account of the Seller (the account set forth on the Seller’s signature page to this Agreement); and (b) the Seller shall deliver, or cause to be delivered, the Purchased Note to the Buyer within five (5) Business Days from the Closing Date (the “Delivery Date”). For the purpose of this Agreement, “Business Day” shall have the same meaning as given to it in the Purchased Note.

Exchange and Delivery. Subject to the terms and conditions of this Agreement: (a) no later than 11:59 p.m. (Hong Kong time) on October 2529, 2018 (the “Closing Date”), the Buyer shall pay, or cause to be paid, the Consideration to the Seller by electronic bank transfer of immediately available U.S. dollar funds to the designated bank account of the Seller (the account set forth on the Seller’s signature page to this Agreement); and (b) the Seller shall deliver, or cause to be delivered, the Purchased Note to the Buyer within five (5) Business Days from the Closing Date (the “Delivery Date”). For the purpose of this Agreement, “Business Day” shall have the same meaning as given to it in the Purchased Note.

Exchange and Delivery. Subject to the terms and conditions of this Agreement:, (a) no later than 11:59 p.m. 10 a.m. (Hong Kong time) on October 25Nov 1, 2018 2019 (the “Closing Date”), the Buyer Company shall pay, or cause to be paid, the Total Consideration to the Seller Holder by electronic bank transfer of immediately available U.S. dollar funds to the designated a bank account of designated by the Seller Holder (the account set forth on the SellerHolder’s signature page to this Agreement); and (b) the Seller Holder shall deliver, or cause to be delivered, the Purchased Original Note to the Buyer Company within five (5) Business Days from the Closing Date (the “Delivery Date”). For the purpose of this Agreement, “Business Day” shall have the same meaning as given to it in the Purchased Original Note.