Common use of No Exercise Clause in Contracts

No Exercise. If all of the rights to exercise, convert or exchange any Common Share Equivalents shall expire without any of such rights having been exercised, the applicable Conversion Price as adjusted upon the issuance of such Common Share Equivalents, shall be readjusted to the Conversion Price which would have been in effect had such adjustment not been made.

Appears in 4 contracts

Samples: Share Purchase Agreement (eHi Car Services LTD), Share Purchase Agreement (eHi Car Services LTD), Share Purchase Agreement (eHi Car Services LTD)

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No Exercise. If all of the rights to exercise, convert or exchange any Common Ordinary Share Equivalents shall expire without any of such rights having been exercised, the applicable Applicable Conversion Price as adjusted upon the issuance of such Common Ordinary Share Equivalents, Equivalents shall be readjusted to the Applicable Conversion Price which would have been in effect had such adjustment not been made.

Appears in 2 contracts

Samples: Series C Preferred Share Purchase Agreement (Momo Inc.), Series C Preferred Share Purchase Agreement (Momo Inc.)

No Exercise. If all of the rights to exercise, convert or exchange any Common Ordinary Share Equivalents shall expire without any of such rights having been exercised, the applicable Applicable Conversion Price as adjusted upon the issuance of such Common Ordinary Share Equivalents, Equivalents shall be readjusted to the Applicable Conversion Price which would have been in effect had such adjustment not been made.

Appears in 2 contracts

Samples: Series D Preferred Share Purchase Agreement (Momo Inc.), Series D Preferred Share Purchase Agreement (Momo Inc.)

No Exercise. If all of the rights to exercise, convert or exchange any Common Ordinary Share Equivalents shall expire without any of such rights having been exercised, the applicable Series A Conversion Price as adjusted upon the issuance of such Common Ordinary Share Equivalents, Equivalents shall be readjusted to the Series A Conversion Price which would have been in effect had such adjustment not been made.

Appears in 2 contracts

Samples: Share Subscription Agreement (JA Solar Holdings Co., Ltd.), Share Subscription Agreement (JA Solar Holdings Co., Ltd.)

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No Exercise. If all of the rights to exercise, convert or exchange any Common Share Equivalents shall expire without any of such rights having been exercised, the applicable Series A Conversion Price as adjusted upon the issuance of such Common Share Equivalents, Equivalents shall be readjusted to the Series A Conversion Price which would have been in effect had no such adjustment not been made.

Appears in 1 contract

Samples: Shareholder Agreements (TAL Education Group)

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