Sale and Purchase of Equity. 1.1 Grant of right Party B hereby irrevocably grants Party A an irrevocable exclusive right to purchase or designate a Person or Persons (each referred to as a “Designated Person”) to purchase at any time from Party B all or part of the equity held by it in Party C at one time or multiple times by steps decided by Party A at its own discretion at the price stated in Article 1.3 hereof, to the extent permitted by Chinese laws (the “Purchasing Right”). No one other than Party A and the Designated Persons may enjoy the Purchasing Right or other rights in relation to Party B’s equity. Party C hereby consents to the grant of the Purchasing Right by Party B to Party A. The term “Person” referred to in this clause and this Agreement means individual, company, joint venture, partnership, enterprise, trust or non-corporate organization.
Sale and Purchase of Equity. 1.1 Option Granted
Sale and Purchase of Equity. Upon the terms and subject to the conditions set forth in this Agreement, at the closing of the transactions contemplated by this Agreement (the “Closing”), Sellers shall transfer, convey, assign and deliver to Purchaser, and Purchaser shall purchase and acquire from Sellers, all of Sellers’ respective right, title and interest in and to the Transferred Equity Interests (the “Sale”), and except as set forth on Section 2.1 of the Seller Discloser Letter, free and clear of any Liens (other than those arising under applicable securities Laws).
Sale and Purchase of Equity. 2.1 Under the terms and conditions hereof, the Transferor agrees to sell to the Transferee, and the Transferee agrees to purchase from the Transferor, the equity interest of the Target Company. The purchase price of the 100% Target Equity is US$10 million (the “Consideration”). The Target Company was obliged to pay the Transferor the amount of US$10 million pursuant to the share transfer agreement signed by and between the Target Company and the Transferor in February, 2012. The Transferee agrees to undertake the obligation of the Target Company to repay such debt to the Transferor as partial payment of the Consideration. The Transferee shall pay the amount of US$10 million to the Target Company and the Target Company shall immediately pay such US$10 million to the Transferor to repay the debt and hereby settle the liability to the Transferor. Once the Transferor receives the payment of US$10 million from the Target Company, it shall be deemed that the Transferee performs the payment obligation under this Agreement.
Sale and Purchase of Equity. 4.1 Both Parties acknowledge that, determination of the Transfer Price hereunder (hereinafter “Transfer Price”) shall satisfy all the following conditions:
Sale and Purchase of Equity. 1.1 Subject to the terms of this Agreement, each of the ZST Sellers as legal and beneficial owners shall transfer and sell to the ZST Purchaser and the ZST Purchaser shall acquire and purchase from each of the ZST Sellers the ZST Equity set forth in Table One, Appendix 1 hereto, which in the aggregate represents hundred percent (100%) of the ownership interest of ZST together with all rights attaching to them free and clear of all Liens and all Encumbrances.
Sale and Purchase of Equity. 1.1 授予权利 Purchasing Right Granted 乙方在此不可撤销地、无条件地授予甲方一项专有权（“股权购买权”），允许甲方在中国法律允许的前提下，按照甲方自行决定的行使步骤，并按照本协议第1.3条所述的价格，随时一次或多次从乙方购买或指定一人或多人（“被指定人”）从乙方购买其届时所持有的丙方的全部或部分股权。除甲方和被指定人外，任何其他人均不得享有股权购买权或其他与乙方股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本协议所规定的“人”指个人、公司、合营企业、合伙、企业、信托或非公司组织。 Party B hereby irrevocably and unconditionally grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a “Designee”) to purchase the equity in Party C then held by Party B once or at multiple times at any time in part or in whole at Party A’s sole and absolute discretion to the extent permitted by PRC laws and at the price described in Section 1.3 herein (such right being the “Equity Purchasing Right”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Purchasing Right or other rights with respect to the equity of Party B. Party C hereby agrees to the grant by Party B of the Equity Purchasing Right to Party A. The term “person” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.
Sale and Purchase of Equity. Subject to the terms and conditions set forth in this Agreement, at the Closing (as defined below), Seller will sell to Buyer, and Buyer will purchase from Seller, all of the Equity, free and clear of any and all mortgages, liens, claims, charges, encumbrances, pledges or third party rights of any kind (“Encumbrances”). As consideration for the Equity, Buyer will pay to Seller $370,823.60 (the “Purchase Price”) at the Closing.
Sale and Purchase of Equity. Upon the terms and subject to the conditions contained herein, on the Closing Date, Seller shall sell, assign, transfer, convey and deliver to Buyer, and Buyer shall purchase, acquire and accept from Seller, all of Seller's right, title, ownership and interest in and to all of Seller's equity interest in the Company (the "Equity"). Seller represents and warrants that it has full legal and beneficial title to the Equity and that the Equity is free and clear of any liens, security interests, or other encumbrances.
Sale and Purchase of Equity. At the Closing, the Equityholders shall sell, assign, transfer, and deliver their respective Equity to Purchaser, and Purchaser shall purchase the Equity from the Equityholders, free and clear of all security interests, liens, claims, pledges, defaults of title, encumbrances, hypothecations, mortgages, restrictions, adverse rights or interests, charges, and other encumbrances of any nature whatsoever (collectively, “Liens”), and on the terms and subject to the conditions set forth in this Agreement.
