Common use of Share Transfer Clause in Contracts

Share Transfer. Party A agrees to transfer the Subject Interest to Party B and Party B agrees to acquire the Subject Interest in accordance with the terms and conditions of this Agreement. If Party B is unable to directly acquire all or portion of the Subject Interest due to restrictions of the laws and regulation of the People’s Republic of China (“PRC”), Party A agrees to transfer the Subject Interest to any appropriate person designated by Party B, and the person designated by Party B shall be entitled to receive the Subject Interest in accordance with this Agreement.

Appears in 4 contracts

Samples: Share Transfer Agreement (WEIBO Corp), Share Transfer Agreement (WEIBO Corp), Share Transfer Agreement (WEIBO Corp)

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Share Transfer. 1.1 Party A agrees to transfer the Subject Interest to Party B and Party B agrees to acquire the Subject Interest in accordance with the terms and conditions of this Agreement. . 1.2 If Party B is unable to directly acquire all or portion of the Subject Interest due to restrictions of the laws and regulation of the People’s Republic of China (“PRC”), Party A agrees to transfer the Subject Interest to any appropriate person designated by Party B, and the person designated by Party B shall be entitled to receive the Subject Interest in accordance with this Agreement.

Appears in 1 contract

Samples: Share Transfer Agreement (Sina Corp)

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