Common use of Exercise Conditions Clause in Contracts

Exercise Conditions. During the Exercise Period, where Party A deems it necessary and the laws of the P.R.C. at that time permits to purchase the equities or assets of Party C, Party A may immediately exercise the Equity Purchase Option or the Assets Purchase Option, and purchase the Object Equities or Object Assets. Party A shall have the right to choose to exercise either the Equity Purchase Option or the Assets Purchase Option; and the exercise of the Equity Purchase Option will not affect the exercise of the Assets Purchase Option and vice versa.

Appears in 4 contracts

Sources: Exclusive Purchase Option Agreement (Bison Petroleum, Corp.), Exclusive Purchase Option Agreement (Bison Petroleum, Corp.), Exclusive Purchase Option Agreement (Bison Petroleum, Corp.)

Exercise Conditions. During the Exercise Period, where Party A deems it necessary and the laws of the P.R.C. PRC at that time permits it to purchase the equities or assets of Party C, Party A may immediately exercise the Equity Purchase Option or the Assets Purchase Option, and purchase the Object Equities or Object Assets. Party A shall have the right to choose to exercise either the Equity Purchase Option or the Assets Purchase Option; and the exercise of the Equity Purchase Option will not affect the exercise of the Assets Purchase Option and vice versa.

Appears in 2 contracts

Sources: Exclusive Purchase Option Agreement, Exclusive Purchase Option Agreement (Adamant Dri Processing & Minerals Group)

Exercise Conditions. During the Exercise Period, where Party A deems it necessary and the laws of the P.R.C. PRC at that time permits to purchase the equities or assets of Party C, Party A may immediately exercise the Equity Purchase Option or the Assets Purchase Option, and purchase the Object Equities or Object Assets. Party A shall have the right to choose to exercise either the Equity Purchase Option or the Assets Purchase Option; and the exercise of the Equity Purchase Option will not affect the exercise of the Assets Purchase Option and vice versa.

Appears in 2 contracts

Sources: Exclusive Purchase Option Agreement (UHF Inc), Exclusive Purchase Option Agreement (Target Acquisitions I, Inc.)