Common use of Exercise of the Purchase Option Clause in Contracts

Exercise of the Purchase Option. 1.1. Party E hereby authorizes Party C in accordance with the purchase option granted to Party C under Article 2.1 of the Purchase Option Agreement, and Party C agrees to accept the aforesaid authorization, on behalf of Party E, to purchase entire shares in Party D holding by Party A in accordance with the conditions stipulated in the Purchase Option Agreement. 1.2. In accordance with Article 3 under the Purchase Option Agreement, the purchase price of entire shares in Party D holding by Party A, purchased by Party C in accordance with Party E’s authorization, shall be the sum of the loan principal lent by Party E to Party A, which is equivalent to RMB 550,000. (“Purchase Price”).

Appears in 2 contracts

Samples: Framework Agreement on Exercising Purchase Option Agreement (China Finance Online Co. LTD), Framework Agreement on Exercising Purchase Option Agreement (China Finance Online Co. LTD)

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Exercise of the Purchase Option. 1.1. 1.1 Party E D hereby authorizes Party C B in accordance with the purchase option granted to Party C B under Article 2.1 of the Purchase Option Agreement, and Party C B agrees to accept the aforesaid authorization, on behalf of Party ED, to purchase entire shares in Party D C holding by Party A a in accordance with the conditions stipulated in the Purchase Option Agreement. 1.2. 1.2 In accordance with Article 3 under the Purchase Option Agreement, the purchase price of entire shares in Party D C holding by Party A, purchased by Party C B in accordance with Party ED’s authorization, shall be the sum of the loan principal lent by Party E D to Party A, which is equivalent to RMB 550,000RMB55, 000. (“Purchase Price”).

Appears in 1 contract

Samples: Framework Agreement (China Finance Online Co. LTD)

Exercise of the Purchase Option. 1.1. Party E B hereby authorizes Party C D in accordance with the purchase option granted to Party C D under Article 2.1 of the Purchase Option Agreement, and Party C D agrees to accept the aforesaid authorization, on behalf of Party EB, to purchase entire shares in Party D C holding by Party A in accordance with the conditions stipulated in the Purchase Option Agreement. 1.2. In accordance with Article 3 under the Purchase Option Agreement, the purchase price of entire shares in Party D C holding by Party A, purchased by Party C D in accordance with Party EB’s authorization, shall be the sum of the loan principal lent by Party E B to Party A, which is equivalent to RMB 550,000. 450,000 (“Purchase Price”).

Appears in 1 contract

Samples: Framework Agreement (China Finance Online Co. LTD)

Exercise of the Purchase Option. 1.1. Party E B hereby authorizes Party C D in accordance with the purchase option granted to Party C D under Article 2.1 of the Purchase Option Agreement, and Party C D agrees to accept the aforesaid authorization, on behalf of Party EB, to purchase entire shares in Party D C holding by Party A in accordance with the conditions stipulated in the Purchase Option Agreement. 1.2. In accordance with Article 3 under the Purchase Option Agreement, the purchase price of entire shares in Party D C holding by Party A, purchased by Party C D in accordance with Party EB’s authorization, shall be the sum of the loan principal lent by Party E B to Party A, which is equivalent to RMB 550,000. (“Purchase Price”).

Appears in 1 contract

Samples: Framework Agreement (China Finance Online Co. LTD)

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Exercise of the Purchase Option. 1.1. Party E A hereby authorizes Party C D in accordance with the purchase option granted to Party C A under Article 2.1 of the Purchase Option Agreement, and Party C D agrees to accept the aforesaid authorization, on behalf of Party EA, to purchase entire shares in Party D E holding by Party A B in accordance with the conditions stipulated in the Purchase Option Agreement. 1.2. In accordance with Article 3 4 under the Purchase Option Agreement, the purchase price of entire shares in Party D E holding by Party AB, purchased by Party C D in accordance with Party E’s A's authorization, shall be the sum of the loan principal lent by Party E A to Party AB, which is equivalent to RMB 550,0001,350,000. ("Purchase Price").

Appears in 1 contract

Samples: Framework Agreement (China Finance Online Co. LTD)

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