Common use of Exercising Steps Clause in Contracts

Exercising Steps. Subject to the PRC laws and regulations, Party A and/or the Designee may exercise the Call Option by giving a written notice (hereinafter the “Equity Purchase Notice”) to Party B, which specifies the Equity Interest to be purchased from Party B (hereinafter the “Purchased Equity”) and the manner in which purchase is made.

Exercising Steps. Subject to the PRC laws and regulations, Party A and/or the Designee may exercise the Call Option by giving a written notice (hereinafter the “Equity Purchase Notice”) to Party B, which specifies the Equity Interest equity to be purchased from Party B (hereinafter the “Purchased Equity”) and the manner in which purchase is madeof purchase.