Common use of Redemption Method Clause in Contracts

Redemption Method. At any time after the occurrence of any of the Series D Redemption Events, any of the Series D Redemption Parties may deliver a written notice to the Actual Controller (the “Series D Redemption Notice”), requesting any of the Series D Repurchasers to redeem all or any of the outstanding Series D Preferred Shares held by such Series D Redemption Party (the “Series D Redeemed Shares”) at the Series D Redemption Price (as defined below) (the “Series D Redemption Right”). The Series D Repurchasers shall redeem all of the Series D Redeemed Shares that the Series D Redemption Parties propose to be redeemed and pay the full amount of the Series D Redemption Price within two (2) months after receipt of the Series D Redemption Notice (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 D Redemption Parties request the Company to redeem the Series D Redeemed Shares, the Founder shall be jointly and severally liable for such redemption by the Company; if the Series D Redemption Parties request the Founder to redeem the Series D 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 necessary measures and actions for exercise of the Series D Redemption Right under this Section 3.2(iv).

Appears in 4 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 D BC Redemption Events, any of the Series D BC Redemption Parties Party may deliver a written notice to the Actual Controller (the “Series D BC Redemption Notice”), requesting any of the Series D BC Repurchasers to redeem all or any of the outstanding Series D B Preferred Shares and/or Series B+ Preferred Shares and/or Series C Preferred Shares held by such Series D BC Redemption Party (the “Series D BC Redeemed Shares”) at the Series D BC Redemption Price (as defined below) (the “Series D BC Redemption Right”). The Series D BC Repurchasers shall redeem all of the Series D BC Redeemed Shares that held by the Series D BC Redemption Parties propose to be redeemed and pay the full amount of the Series D BC Redemption Price within two three (23) months after receipt of the Series D BC Redemption Notice (regardless of whether the registration and/or filing with the relevant Government Authorities has been completed in respect of such redemptionredemption or repurchase, to the extent such registration and/or filing is required under applicable laws). If the Series D BC Redemption Parties request the Company to redeem the Series D BC Redeemed Shares, the Founder shall be jointly and severally liable for such redemption by the CompanyCompany for a period of two (2) years after the delivery of the Series BC Redemption Notice by the Series BC Redemption Parties; if the Series D BC Redemption Parties request the Founder to redeem the Series D BC Redeemed Shares, the Company shall be jointly and severally liable for such redemption by the FounderFounder for a period of two (2) years after the delivery of the Series BC Redemption Notice by the Series BC Redemption Parties. The other Shareholders of the Company hereby agree to unconditionally take any necessary measures and actions for exercise of the Series D BC Redemption Right under this Section 3.2(iv3.2(iii).

Appears in 4 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 D BC Redemption Events, any of the Series D BC Redemption Parties Party may deliver a written notice to the Actual Controller (the “Series D BC Redemption Notice”), requesting any of the Series D BC Repurchasers to redeem all or any of the outstanding Series D B Preferred Shares and/or Series B+ Preferred Shares and/or Series C Preferred Shares held by such Series D BC Redemption Party (the “Series D BC Redeemed Shares”) at the Series D BC Redemption Price (as defined below) (the “Series D BC Redemption Right”). The Series D BC Repurchasers shall redeem all of the Series D BC Redeemed Shares that held by the Series D BC Redemption Parties propose to be redeemed and pay the full amount of the Series D BC Redemption Price within two three (23) months after receipt of the Series D BC Redemption Notice (regardless of whether the registration and/or filing with the relevant Government Authorities has been completed in respect of such redemptionredemption or repurchase, to the extent such registration and/or filing is required under applicable laws). If the Series D BC Redemption Parties request the Company to redeem the Series D BC Redeemed Shares, the Founder shall be jointly and severally liable for such redemption by the CompanyCompany for a period of two (2) years after the delivery of the Series BC Redemption Notice by the Series BC Redemption Parties; if the Series D BC Redemption Parties request the Founder to redeem the Series D BC Redeemed Shares, the Company shall be jointly and severally liable for such redemption by the FounderFounder for a period of two (2) years after the delivery of the Series BC Redemption Notice by the Series BC Redemption Parties. The other Shareholders of the Company hereby agree to unconditionally take any necessary measures and actions for exercise of the Series D BC Redemption Right under this Section 3.2(iv3.2(iii).. Confidential Treatment Requested by ZKH Group Limited Pursuant to 17 C.F.R. Section 200.83

Appears in 1 contract

Samples: Shareholders Agreement (ZKH Group LTD)

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