Common use of Purchase and Sale of Equity Interest Clause in Contracts

Purchase and Sale of Equity Interest. 1.1 Granting of Rights Party B hereby irrevocably grants to Party A an option to purchase or cause any one or more designated persons (“Designated Persons”) to purchase, to the extent permitted under PRC law, according to the steps determined by Party A, at the price specified in Article 1.3 of this Agreement, and at any time from Party B (the “Transferor”), a portion or all of the equity interests held by Party B in Party C (the “Option”). No Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to granting of the Option by Party B to Party A and/or the Designated Persons. For purpose of this Section 1.1 and this Agreement, “person” means individual, corporation, joint venture, partnership, enterprise, trust or unincorporated organization.

Purchase and Sale of Equity Interest. 1.1 Granting Grant of Rights Party B (the “Transferor”) hereby irrevocably grants to Party A an option to purchase or cause any one or more designated persons person(s) (“Designated Persons”) to purchase, to the extent permitted under PRC lawLaw, according to the steps determined by Party A, at the price specified in Article Section 1.3 of this Agreement, and at any time from Party B (the “Transferor”), Transferor a portion or all of the equity interests held by Party B Transferor in Party C (the “Option”). No Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to the granting of the Option by Party B to Party A and/or the Designated Persons. For purpose of this Section 1.1 and this Agreement, The “person” set forth in this clause and this Agreement means individualan individual person, corporation, joint venture, partnership, enterprise, trust or unincorporated a non-corporation organization.

Purchase and Sale of Equity Interest. 1.1 Granting of Rights Party B hereby irrevocably grants to Party A an option to purchase or cause any one or more designated persons (“Designated Persons”) to purchase, to the extent permitted under PRC law, according to the steps determined by Party A, at the price specified in Article 1.3 of this Agreement, and at any time from Party B (the “Transferor”), a portion or all of the equity interests held by Party B the Transferor in Party C (the “Option”). No Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to granting of the Option by Party B to Party A and/or the Designated Persons. For purpose of this Section 1.1 and this Agreement, “person” means individual, corporation, joint venture, partnership, enterprise, trust or unincorporated organization.

Purchase and Sale of Equity Interest. 1.1 Granting Grant of Rights Party B (the “Transferor”) hereby irrevocably grants to Party A an option to purchase or cause any one or more designated persons person (“Designated Persons”) to purchase, to the extent permitted under PRC lawLaw, according to the steps determined by Party A, at the price specified in Article Section 1.3 of this Agreement, and at any time from Party B (the “Transferor”), Transferor a portion or all of the equity interests held by Party B Transferor in Party C (the “Option”). No Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to the granting of the Option by Party B to Party A and/or the Designated Persons. For purpose of this Section 1.1 and this Agreement, The “person” set forth in this clause and this Agreement means individualan individual person, corporation, joint venture, partnership, enterprise, trust or unincorporated a non-corporation organization.

Purchase and Sale of Equity Interest. 1.1 Granting of Rights Party B hereby irrevocably grants to Party A an option to purchase or cause any one or more designated persons (“Designated Persons”) to purchase, to the extent permitted under PRC law, according to the steps determined by Party A, at the price specified in Article Section 1.3 of this Agreement, and at any time from Party B (the “Transferor”), a portion of, or all of of, the equity interests held by Party B the Transferor in Party C (the “Option”). No Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to the granting of the Option by Party B to Party A and/or the Designated Persons. For purpose of this Section 1.1 and this Agreement, The “person” set forth in this clause and this Agreement means individualan individual person, corporation, joint venture, partnership, enterprise, trust or unincorporated a non-corporation organization.