Payment of the Transfer Price. Subject to the terms and conditions of this Agreement, at the Closing, the portion of Transfer Price payable to the Seller shall be paid by the Purchaser by wire transfer of immediately available funds to the bank account of the Seller, provided that the wiring instruction shall be provided by the Seller to the Purchaser at least three (3) day prior to the Closing Date.
Payment of the Transfer Price. Subject to Xx Xxxxxxxx complying with his obligations under Clause 3, and on completion the Optionholder shall pay the Transfer Price in accordance with the following provisions:
5.1 The Transfer Price shall be payable in cash provided that the Optionholder may, at its option, satisfy up to a maximum of fifty per cent (50%) of the Transfer Price by the allotment and issue to Xx Xxxxxxxx of such number of fully tradable shares in the Optionholder as are of equal value (determined at the Exercise Date) to that part of the Transfer Price so satisfied as long as this action will not contravene US securities exchange commission rules at the time of the transaction.
5.2 The Optionholder shall pay the Initial Price on Completion or (if later) the date falling 10 months after the commencement of Xx Xxxxxxxx'x employment by the Company and subject to Xx Xxxxxxxx remaining an employee on that date.
5.3 If Xx Xxxxxxxx shall have entered into a contract of employment with the Optionholder in the form reasonably acceptable to the Optionholder which requires that Xx Xxxxxxxx serve the Optionholder as an employee for a period of not less than 10 months from the date of this Agreement and meets the agreed "Bonus Price" milestone, the Optionholder shall pay the Bonus Price on Completion or (if later) the date falling 10 months after the commencement of Xx Xxxxxxxx'x employment by the Company and subject to Xx Xxxxxxxx remaining an employee on that date.
5.4 If on Completion, the Option Shares represent the entire issued share capital of Companies A and Company B, the Optionholder shall immediately pay to Xx Xxxxxxxx the Total Control Price on Completion or (if later) the date falling 10 months after the commencement of Xx Xxxxxxxx'x employment by the Company and subject to Xx Xxxxxxxx remaining an employee on that date.
Payment of the Transfer Price. The balance of the Transfer Price shall be equal to the difference between the Transfer Price and the aggregate Deposits delivered to the Titleholder by the Optionee. This amount shall be paid to the Titleholder at the time the public deed containing the Transfer Agreement is signed by the Parties.
Payment of the Transfer Price. 3.1. After finding a car and entering into the Rental Contract with Lessor through the Services as stipulated herein, the User shall make a full payment of the Rent to the Lessor before handing over the car to User or immediately after transferring it back to the Lessor.
3.2. The method of payment (either by cash or money transfer) shall be agreed independently, by the User and the Lessor.
3.3. The price of the Service shall further be transmited by the Lessor to the Company subject to the terms and conditions of a separate agreement between them.
Payment of the Transfer Price. The Transferee shall pay and satisfy the Transfer Price by (a) issuing to the Transferor [⚫] non-voting common shares of the Transferee (the “Share Consideration”), as fully paid non-assessable shares of the Transferee, for an aggregate fair market value of $[⚫] (the “Share Value”); and (b) assuming the Assumed Liabilities of the Transferor.
Payment of the Transfer Price. 2.1 Party A shall, within five working days upon the execution of this Agreement, pay to Xxxx XxxXxxx; within five working days upon the completion of all registration and filing formalities concerning Equity Transfer, pay RMB to , and RMB to Xxxx XxxXxxx.
2.2 Party B shall give a receipt for every payment as described in Article 2.1 within five (5) days after it has received such payment.
Payment of the Transfer Price. 4.1 Within five (5) Working Days after this Agreement has been approved by the Examination and Approval Authority the certificate of approval for establishment of foreign invested enterprises of Jinling Company has been issued, the Transferee shall pay the Transferors 50% of the Transfer Price, namely, RMB37,530,000. During the period between First Payment Date (inclusive) and Completion Date of Delivery (inclusive) or the date when the Sale Equity Stake has been registered under the name of the Transferee (whichever is later), the Transferors shall pay interest of the first instalment of the Transfer Price calculated in 0.016% per day to the Transferee, which shall be fully paid to the bank account designated by the Transferee on Completion Date of Delivery or the date when the Sale Equity Stake has been registered under the name of the Transferee (whichever is later). From the date when the Transferors have received the first instalment of the Transfer Price, the Parties shall start to cooperate in respect of alteration registration with the competent administration for industry and commerce. The balance of the Transfer Price, namely, RMB37,530,000, shall be paid within five (5) Working Days after the foreign invested enterprise business license has been issued, the alteration registration of the Sale Equity Stake with the competent administration for industry and commerce has been completed and the Sale Equity Stake has been registered under the name of the Transferee, and the delivery provided in Chapter VI hereof has been accomplished. When the Transfer Price has been fully transferred to the Transferors’ Bank Accounts, the obligations of the Transferee shall be deemed as completed and the Transferee shall have no liability or obligation to pay any Transfer Price.
4.2 The detailed information of the Transferors’ Bank Accounts is set out below: Bank account of Party B Account Bank: Nanping Sihe Branch, Agricultural Bank of China Account Owner: Fujian Taiyu Investment (Group) Co., Ltd. Account No.: 910301040003510 Bank account of Party C Account Bank: Xichun Office, Shaowu City, Agricultural Bank of China Account Owner: Shaowu City Fengyi Power Development Co., Ltd Account No.: 920401040000082 Bank account of Party D Account Bank: Jianyang Branch, Agricultural Bank of China Account Owner: Jianyang City Xinguang Power Development Co., Ltd. Account No.: 35001677207050006953
4.3 The Transferors shall, within five (5) Working Days after the Payment Date of ...
Payment of the Transfer Price. 1. The Parties hereby confirm that the Transferee delivered RMB 30,000,000 as deposit payment to Transferors on November 26, 2012.
2. Upon the request of the Transferors, the Transferee paid the Transferors RMB 25,000,000 on December 31, 2012, while the BSPM common stock shall be paid when the following terms and conditions are met.
(1) The Transferors have completed the registration for the 13 drugs in Appendix III with Shanxi Province Food and Drug Administration Bureau;
(2) All the records and product registration materials have been delivered to the Transferee;
(3) The Transferors shall pay the personal income tax for the full Purchase Price in accordance with the laws and regulations of the PRC as well as provide the Transferee with personal income tax clearance certificates issued by the relevant tax authorities within two months after the signing of this Agreement;
(4) To fulfill other obligations required by the Transferee within two months after signing of the Agreement.
Payment of the Transfer Price. After the title change and delivery of the Object of Transfer, Party B shall, within 10 working days, pay the Remaining Transfer Price in full to the account designated by Party A. Party A shall provide Party B with a special value-added tax invoice stating the corresponding amount within 7 days after receiving such payment. In the event of a delay in the title change or delivery by reason of Party B, Party B shall still pay the Remaining Transfer Price in full according to schedule provided herein (i.e. the period for Party B to pay the Remaining Transfer Price shall be calculated from the date when Party A notifies Party B for handling title change and delivery); provided, however, that Party B shall not be held as violating the agreement if the delay is caused by reason of Party A.
Payment of the Transfer Price. (1) The transferors shall pay the transferee 50% of the Transfer Price, amounting to RMB25 million yuan ( SAY: Twenty-five Million Yuan Only, hereinafter referred to as “the first transfer payment”), of which RMB15 million yuan to Liao Xxxxxxxxx, XXX0.00 million yuan to Xxxx Xxxxxxxxx and RMB4,75 million yuan to Xxxx Xxxxxx, within 5 business days after the signing date;
(2) The transferor shall assist the transferee to complete relevant industrial and commercial alteration registration and other equity transfer procedures within 10 business days after receiving the first transfer payment. The transferee shall pay the transferors the remaining 50% of the Transfer Price (hereinafter referred to as “the second transfer payment”), totaling RMB25 million yuan (SAY: Twenty-five Million Yuan Only), of which, RMB15 million yuan to Liao Xxxxxxxxx, XXX0.00 million yuan to Xxxx Xxxxxxxxx and RMB4.75 million yuan to Xxxx Xxxxxx within 15 business days after completing the above alteration registration and transfer procedures and settling the debts between the transferors and Jiangxi Huiyi.
(3) The transferors shall designate the following bank accounts according to the shareholding ratio as the collection account for accepting the share Transfer Price from the transferee: Beneficiary: Liao Zongjiang Name of Bank: Shaanxi Province Nanzheng Branch, Bank of China Account Number: XXXXXX Beneficiary: Xxxx Xxxxxxxxx Name of Bank: Hanzhong Tianhan Avenue Branch, Bank of China Account Number: XXXXXX Beneficiary: Xxxx Xxxxxx Name of Bank: Xinyu Xxxx Xxxx-tec Branch, Bank of Communications Account Number: XXXXXX
