Common use of Steps for Exercise of the Purchase Right Clause in Contracts

Steps for Exercise of the Purchase Right. The compliance with PRC laws and regulations shall be the precondition for exercise of the Purchase Right by Party A. When Party A intends to exercise the Purchase Right, it shall issue a written notice (the “Purchase Notice”) Party C, and the Purchase Notice shall contain the following items: (a) Party A intends to exercise the Purchase Right; (b) the percentage of the Equity Interest to be purchased therewith; and (c)the effective date or transfer date.

Steps for Exercise of the Purchase Right. The compliance Compliance with PRC laws and regulations shall be the precondition for are conditions precedent to exercise of the Purchase Right by Party A. When To the extent Party A intends wishes to exercise the Purchase Right, it shall issue a written notice (the “Purchase Notice”) to Party CB, and the Purchase Notice shall contain the following itemsstate: (a) that Party A intends to exercise the Purchase Right; (b) the percentage of the Equity Interest to be purchased therewith; and (c)the c) the effective date or transfer date.

Steps for Exercise of the Purchase Right. The compliance Compliance with PRC laws and regulations shall be the precondition for are conditions precedent to exercise of the Purchase Right by Party A. When To the extent Party A intends wishes to exercise the Purchase Right, it shall issue a written notice (the hereinafter referred to as “Purchase Notice”) to Party CB, and the Purchase Notice shall contain the following itemsstate: (a) that Party A intends to exercise the Purchase Right; (b) the percentage of the Equity Interest to be purchased therewith; and (c)the c) the effective date or transfer date.