Remaining Shareholders Clause Samples

Remaining Shareholders. Remaining Shareholders" means Flax, ▇▇▇▇▇▇▇▇▇▇ and CPK.

Remaining Shareholders. Notwithstanding anything contained in this Agreement to the contrary, if at any time the number of remaining Shareholders is fewer than three and thereafter one of the remaining Shareholders dies or becomes a Vendor hereunder, the Purchaser may elect to require the Vendor to sell to the Company and the Company shall purchase from the Vendor, any or all of the Interest of the Vendor and the provisions of the section hereto applicable to the sale and purchase of such Interest shall apply to that sale mutatis mutandis as though the Company was a Purchaser thereunder.

Remaining Shareholders. Each Remaining Shareholder, if any, who agrees to accept the offer described in Section 3.10(a), shall become entitled to receive such shareholder's ratable share (determined in accordance with the Allocation Schedule) of the Purchase Price and the Additional Payments set forth in Sections 2.4(a)(i), 2.4(a)(ii), 2.4(a)(iii) and 2.4(a)(iv), which payments shall be made at such times as are contemplated in such subsections of Section 2.4.

Remaining Shareholders. On the Closing Date, the Record ---------------------- Holders that hold Shares for the benefit of Remaining Shareholders (including Maple Tree to the extent of the 10,912,962 Shares it holds for the benefit of Remaining Shareholders) shall sell to Purchaser a total of 24,293,218 Shares, in the respective amounts set forth in Schedule 1.01. In ------------- consideration of the sale by such Record Holders of their respective Shares, the Purchaser shall deliver to each such Record Holder, on the Closing Date or as soon as reasonably practicable thereafter, that number of AsiaInfo Shares having an aggregate Market Value equal to 100% of the aggregate Purchase Price payable in respect of all of the Shares sold by such Record Holder, provided that 10% of such AsiaInfo Shares (rounded up to the nearest whole number of AsiaInfo Shares) shall be delivered by Purchaser to the Escrow Agent under the Escrow Agreement to be entered into on the Closing Date in accordance with Section 1.04.