Retirement of Shares. 2. The Company agrees, subject to section 3 hereof, to forthwith after the closing of the Purchase Agreement to retire the Surrendered Shares which shall become authorized but unissued. CONDITION PRECEDENT
Appears in 5 contracts
Samples: Return to Treasury Agreement (CleanTech Innovations, Inc.), Return to Treasury Agreement (Cartan Holdings Inc.), Return to Treasury Agreement (Deer Consumer Products, Inc.)
Retirement of Shares. 2. The Company agrees, subject to section Section 3 hereof, to retire forthwith after the closing of the Purchase Agreement to retire the Surrendered Shares Shares, which shall become authorized but unissued. CONDITION PRECEDENT
Appears in 1 contract
Retirement of Shares. 2. The Company agrees, subject to section Section 3 hereof, to retire forthwith after the closing of the Purchase Share Exchange Agreement to retire the Surrendered Shares Shares, which shall become authorized but unissued. CONDITION PRECEDENT.
Appears in 1 contract
Samples: Return to Treasury Agreement (Nova Lifestyle, Inc.)
