Common use of Redemption Method Clause in Contracts

Redemption Method. At any time after the occurrence of any of the Series F Redemption Events, any of the Series F Redemption Parties may deliver a written notice to any of the Series F Repurchasers (the “Series F Redemption Notice”), requesting such Series F Repurchasers to redeem all or any of the outstanding Series F Preferred Shares held by such Series F Redemption Party (the “Series F Redeemed Shares”) at the Series F Redemption Price (as defined below) (the “Series F Redemption Right”). The Series F Repurchasers shall redeem all of the Series F Redeemed Shares that the Series F Redemption Parties propose to be redeemed and pay the full amount of the Series F Redemption Price within three (3) months after receipt of the Series F Redemption Notice. If the Series F Redemption Parties request the Company to redeem any Series F Redeemed Shares, the Founder shall be jointly and severally liable for such redemption by the Company; if the Series F Redemption Parties request the Founder to redeem the Series F Redeemed Shares, the Company shall be jointly and severally liable for such redemption by the Founder. The other Shareholders of the Company hereby agree to unconditionally take any measures and actions to facilitate the redemption under this Section 3.2(vi).

Appears in 5 contracts

Samples: Shareholders Agreement (ZKH Group LTD), Shareholders Agreement (ZKH Group LTD), Shareholders Agreement (ZKH Group LTD)

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Redemption Method. At any time after the occurrence of any of the Series F E Redemption Events, any of the Series F E Redemption Parties may deliver a written notice to any of the Series F E Repurchasers (the “Series F E Redemption Notice”), requesting such Series F E Repurchasers to redeem all or any of the outstanding Series F E Preferred Shares held by such Series F E Redemption Party (the “Series F E Redeemed Shares”) at the Series F E Redemption Price (as defined below) (the “Series F E Redemption Right”). The Series F E Repurchasers shall redeem all of the Series F E Redeemed Shares that the Series F E Redemption Parties propose to be redeemed and pay the full amount of the Series F E Redemption Price within three (3) months after receipt of the Series F E Redemption NoticeNotice (regardless of whether the registration and/or filing with the relevant Government Authorities has been completed in respect of such redemption, to the extent such registration and/or filing is required under applicable laws). If the Series F E Redemption Parties request the Company to redeem any the Series F E Redeemed Shares, the Founder shall be jointly and severally liable for such redemption by the Company; if the Series F E Redemption Parties request the Founder to redeem the Series F E Redeemed Shares, the Company shall be jointly and severally liable for such redemption by the Founder. The other Shareholders of the Company hereby agree to unconditionally take any measures and actions to facilitate the redemption under this Section 3.2(vi3.2(v).

Appears in 5 contracts

Samples: Shareholders Agreement (ZKH Group LTD), Shareholders Agreement (ZKH Group LTD), Shareholders Agreement (ZKH Group LTD)

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