Common use of Exercise Steps Clause in Contracts

Exercise Steps. 2.1 Pursuant to the applicable laws of the P.R.C., Party A shall have the right to determine the time, manner and number of purchases for the Purchase Option. 2.2 Exercise steps to purchase equities: 2.2.1 During the Exercise Period, Party A may send an exercise notice (“Equity Purchase Exercise Notice”) to Party B to exercise the Equity Purchase Option under this Agreement to purchase all or part of the Object Equities or transfer all or part of the Object Equities to a Designee, provided that the laws of the P.R.C. permits at that time. 2.2.2 Upon receipt of the Equity Purchase Notice pursuant to Subsection 2.2.1 above, or earlier if requested by Party A , party B shall immediately:

Exercise Steps. 2.1 Pursuant to the applicable laws of the P.R.C., Party A shall have the right to determine the time, manner and number of purchases for the Purchase Option. 2.2 Exercise steps to purchase equities: 2.2.1 During the Exercise Period, Party A may send an exercise notice (“Equity Purchase Exercise Notice”) to Party B to exercise the Equity Purchase Option under this Agreement to purchase all or part of the Object Equities or transfer all or part of the Object Equities to a Designee, provided that the laws of the P.R.C. permits at that time. 2.2.2 Upon receipt of the Equity Purchase Notice pursuant to Subsection 2.2.1 above, ,or earlier if requested by Party A A, party B shall immediately:

Exercise Steps. 2.1 Pursuant to the applicable laws of the P.R.C.PRC, Party A shall have the right to determine the time, manner and number of purchases for the Purchase Option. 2.2 Exercise steps to purchase equities: 2.2.1 During the Exercise Period, Party A may send an exercise notice (“Equity Purchase Exercise Notice”) to Party B to exercise the Equity Purchase Option under this Agreement to purchase all or part of the Object Equities or transfer all or part of the Object Equities to a Designee, provided that the laws of the P.R.C. PRC permits at that time. 2.2.2 Upon receipt of the Equity Purchase Notice pursuant to Subsection 2.2.1 above, above or earlier if requested by Party A A, party Party B shall immediately: