Common use of Non-Exercise of Rights Clause in Contracts

Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such shares, to the extent that the Holders have not exercised their rights to purchase the Offered Shares within the time periods specified in Section 2.2 and the Holders have not exercised their rights to participate in the sale of the Offered Shares within the time periods specified in Section 2.3, the Transferor shall have a period of sixty (60) days from the expiration of such rights in which to sell the Offered Shares, as the case may be, to the third-party transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 7 contracts

Samples: Sale Agreement, Shareholders Agreement (Nobao Renewable Energy Holdings LTD), Sale Agreement (Global Education & Technology Group LTD)

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Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such shares, to the extent that the Holders have not exercised their rights to purchase the Offered Shares within the time periods specified in Section 2.2 9.2 and the Holders have not exercised their rights to participate in the sale of the Offered Shares within the time periods specified in Section 2.39.3, the Transferor shall have a period of sixty (60) 90 days from the expiration of such rights in which to sell the Offered Shares, as the case may be, to the third-party transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 3 contracts

Samples: Shareholders Agreement (JinkoSolar Holding Co., Ltd.), Shareholders Agreement (JinkoSolar Holding Co., Ltd.), Shareholders Agreement (JinkoSolar Holding Co., Ltd.)

Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such shares, to To the extent that the Holders Preferred Shareholder have not exercised their rights to purchase the Offered Shares within the time periods specified in Section 2.2 2.3 and the Holders they have not exercised their rights to participate in the sale of the Offered Shares within the time periods specified in Section 2.32.4, the Transferor shall have a period of sixty (60) days from the expiration of such rights in which to sell the Offered Shares, as the case may be, Shares to the third-party transferee Transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 2 contracts

Samples: Shareholders’ Agreement, Joinder Agreement (iKang Healthcare Group, Inc.)

Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such shares, to To the extent that the Holders have not exercised their rights to purchase the Offered Shares within the time periods specified in Section 2.2 9.2, and the Holders have not exercised their rights to participate in the sale of the Offered Shares within the time periods specified in Section 2.39.3, the Transferor shall have a period of sixty ninety (6090) days from the expiration of such rights in which to sell the Offered Shares, as the case may be, Shares to the third-party transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 2 contracts

Samples: Shareholders’ Agreement (CooTek(Cayman)Inc.), Shareholders’ Agreement (CooTek(Cayman)Inc.)

Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such shares, to the extent that the Holders have not exercised their rights to purchase the Offered Shares within the time periods specified in Section 2.2 Sections 2.2(b) and 2.2(c) and the Holders have not exercised their rights to participate in the sale of the Offered Shares within the time periods specified in Section 2.3, the Transferor shall have a period of sixty (60) days from the expiration of such rights in which to sell the Offered Shares, as the case may be, to the third-party transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 2 contracts

Samples: Sale Agreement (Nobao Renewable Energy Holdings LTD), Senior Preferred Share Purchase Agreement (Nobao Renewable Energy Holdings LTD)

Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such shares, to 5.1. To the extent that the Preferred Holders have not exercised their rights to purchase all or any part of the Offered Shares within the time periods specified in Section 2.2 3 and the Holders have not exercised their rights to participate in the sale of all of the remaining Offered Shares within the time periods specified in Section 2.34, the Transferor shall have a period of sixty ninety (6090) days from the expiration of such rights in which to sell the remaining Offered Shares, as the case may be, Shares to the third-party transferee Transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 2 contracts

Samples: Adoption Agreement (Jupai Holdings LTD), Adoption Agreement (Jupai Holdings LTD)

Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such shares, to To the extent that the Company and the Preferred Share Holders have not exercised their rights to purchase all of the Offered Shares within the time periods specified in this Section 2.2 4 and the Preferred Share Holders have not exercised their rights to participate in the sale of all of the remaining Offered Shares within the time periods specified in Section 2.3herein, the Transferor shall have a period of sixty forty-five (6045) days from the expiration of such rights in which to sell the remaining Offered Shares, as the case may be, Shares to the third-party transferee Transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 2 contracts

Samples: Shareholders Agreement (NetQin Mobile Inc.), Shareholders Agreement (NetQin Mobile Inc.)

Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such sharesShares, to the extent that the Preferred Share Holders have not exercised their rights to purchase the all Offered Shares within the time periods specified in Section 2.2 6.2, and the Preferred Share Holders have not exercised their rights to participate in the sale of the all Offered Shares within the time periods specified in Section 2.36.3, the Transferor shall have a period of sixty (60) days from the expiration of such rights in which to sell the remaining Offered Shares, as the case may be, Shares to the third-third party transferee transferee(s) identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 1 contract

Samples: Shareholders Agreement (BEST Inc.)

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Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such shares, to the extent that the Holders Major Shareholders have not exercised their rights to purchase the all Offered Shares within the time periods specified in Section 2.2 and the Holders Major Shareholders have not exercised their rights to participate in the sale of the all Offered Shares within the time periods specified in Section 2.3, the Transferor shall have a period of sixty (60) days from the expiration of such rights in which to sell the remaining Offered Shares, as the case may be, Shares to the third-third party transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.. Co-Sale Agreement

Appears in 1 contract

Samples: Share Purchase Agreement (Visionchina Media Inc.)

Non-Exercise of Rights. (ai) Subject to any other applicable restrictions on the sale of such shares, to the extent that the Holders Investors have not exercised their rights to purchase the Offered Shares within the time periods specified in Section 2.2 above and the Holders Investors have not exercised their rights to participate in the sale of the Offered Shares within the time periods specified in Section 2.3periods, the Transferor shall have a period of sixty (60) days from the expiration of such rights in which to sell the Offered Shares, as the case may be, to the third-party transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 1 contract

Samples: Shareholders Agreement (Actions Semiconductor Co., Ltd.)

Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such shares, to the extent that the Holders have not exercised their rights to purchase the Offered Shares within the time periods specified in Section 2.2 8.3 and the Holders have not exercised their rights to participate in the sale of the Offered Shares within the time periods specified in Section 2.38.4, the Transferor shall have a period of sixty (60) days from the expiration of such rights in which to sell the Offered Shares, as the case may be, to the third-party transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 1 contract

Samples: Senior Preferred Share Purchase Agreement (Nobao Renewable Energy Holdings LTD)

Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such shares, to the extent that the Holders have not exercised their rights to purchase the Offered Shares within the time periods specified in Section 2.2 and the Holders have not exercised their rights to participate in the sale of the Offered Shares within the time periods specified in Section 2.3, the Transferor shall have a period of sixty (60) days from the expiration of such rights in which to Co-Sale Agreement sell the Offered Shares, as the case may be, to the third-party transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 1 contract

Samples: Sale Agreement (SKY-MOBI LTD)

Non-Exercise of Rights. (a) Subject to any other applicable restrictions on the sale of such shares, to the extent that the Holders Major Shareholders and/or the Company have not exercised their rights to purchase the all Offered Shares within the time periods specified in Section 2.2 2.2, and the Holders Major Shareholders have not exercised their rights to participate in the sale of the all Offered Shares within the time periods specified in Section 2.3, the Transferor shall have a period of sixty (60) days from the expiration of such rights in which to sell the remaining Offered Shares, as the case may be, Shares to the third-third party transferee identified in the Transfer Notice upon terms and conditions (including the purchase price) no more favorable to the purchaser than those specified in the Transfer Notice.

Appears in 1 contract

Samples: Share Purchase Agreement (Visionchina Media Inc.)

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