Payment for Equity Transfer Clause Samples

Payment for Equity Transfer. 2.1 Party A shall, within five business days of execution of this Agreement, pay RMB ( ) to [ ], RMB ( ) to [ ], and RMB( ) to [ ]; Party A shall, within five business days of the completion of all formalities for approval and registration with government authorities, pay RMB( ) to [ ], RMB( ) to [ ]. 2.2 Party C shall, within five business days of receipt of every payment stipulated in Article 2.1, issue proper certificate of receipts to Party A.