Steps of Exercise Sample Clauses

Steps of Exercise. Party A shall exercise its Equity Purchase Option subject to the laws and regulations of China. When exercising the Equity Purchase Option, Party A shall send a written notice to Party B (“Equity Purchase Notice”), specifying the following matters: (a) the decision of Party A or its Designee on exercise of the Equity Purchase Option; (b) the share of equity to be purchased by Party A or its Designee from Party B (“Purchased Equity”); and (c) the date of purchase/transfer of the Purchased Equity.
AutoNDA by SimpleDocs
Steps of Exercise. Exercise by Party A of its Subject Asset Call Option shall be in compliance with the laws and regulations of China. Party A shall give a written notice (“Subject Assets Purchase Notice”) to Party B when it intends to exercise the Subject Assets Call Option, specifying (a) decisions made by Party A on the exercise of Subject Asset Call Option; (b) subject assets (“Subject Assets Purchased”) to be purchased by Party A from Party B; and (c) date of purchase or transfer of the subject assets.
Steps of Exercise. The Sole-funded Company shall exercise its equity purchase option pursuant to the laws and regulations of the PRC. The Sole-funded Company may determine the time, manner, and frequency for exercising its exclusive option at its own discretion. When exercising its equity purchase option, the Sole-funded Company shall notify the existing shareholders and the Domestic Company in writing (“Equity Purchase Notice”) (in the form and content set out in Annex I hereto), describing the following: (a) The decision of the Sole-funded Company on the exercise of the option; (b) The equity that the Sole-funded Company intends to purchase from the existing shareholders (“target equity”); (c) Purchase date/equity transfer date. When exercising its assets purchase option, the Sole-funded Company shall notify the existing shareholders and the Domestic Company in writing (“Assets Purchase Notice”, together with “Equity Purchase Notice”, collectively, hereinafter referred to as “Option Notice”) (in the form and content set out in Annex II hereto), describing the following: (a) The decision of the Sole-funded Company on the exercise of the option; (b) The assets that the Sole-funded Company intends to purchase from the existing shareholders (the “target assets”); (c) Purchase date/assets transfer date.
Steps of Exercise. The exercise of Equity Purchase Right by Party A is subject to provisions of laws and regulations of PRC. When exercising the Equity Purchase Right, Party A shall serve a written notice (“Purchase Notice”) to Party B, to specify the following issues: (a) decisions of Party A regarding the exercise of Equity Purchase Right; (b) the percentage of equity interests to be purchased by Party A from Party B (“Purchased Equity Interests”), and (c) date of purchase/assignment of Purchased Equity Right.
Steps of Exercise. 1.5.1 FIE行使股份购买权时,应向乙方或公司发出书面通知(以下简称“行权通知”)。行权通知应载明其将按照本协议之约定行使独家购买权的意图、购买公司股份及/或资产和业务的数量。FIE可以多次行使该独家购买权,以分期的方式购买公司股权及/或资产和业务。 1.5.1 FIE shall send a written notice (hereinafter referred to as “Exercise Notice”) to Party B or the Company when exercising the share purchase right. The Exercise Notice shall state its intention to exercise the Exclusive Right of Purchase in accordance with the Agreement, and the quantity of shares and /or the assets and business of the Company to be purchased. FIE may repeatedly exercise the Exclusive Right of Purchase to the Company’s shares and / or assets and business by stages. 1.5.2 尽管有1.5.1之规定,如果当乙方丧失民事主体资格或出现死亡、出现精神疾病、或其民事行为能力出现其它形式的丧失或限制情况(以以下简称为“触发事件”),独家购买权应被视为在触发事件出现后自动被行使,而无需FIE向乙方发出任何通知。 1.5.2 Notwithstanding the provisions of 1.5.1, in the event of Party B’s loss of civil entity qualification or death, mental illness, or other forms of loss or restriction of its civil capacity (hereinafter referred to as “Triggering Event”), the Exclusive Right of Purchase shall be deemed to be automatically exercised after the occurrence of the Triggering Event, without any notice from FIE to Party B. 1.5.3 在收到行权通知之日起或者触发事件发生之日起三十(30)日内,乙方或公司(视情形而定)应与FIE(或其指定人)签署与行权通知所载数量一致的股份及/或资产和业务转让合同和实施转让的其他必要文件。
Steps of Exercise. ​ (a) Party A’s exercise of its Purchase Option of Assets is subject to compliance with provisions of Chinese laws and regulations. Upon exercise the Purchase Option of Assets, Party A shall give written notice to Party B (the “Purchase Notice of Assets”), specifying: ​ (i) The decision of Party A with respect to exercise of its Purchase Option of Assets; ​ (ii) The assets to be purchased by Party A from Party B (the “Purchased Assets”); ​ (iii) The date of purchase. (b) After giving the Purchase Notice of Assets, upon exercise of the Purchase Option of Assets by Party A at each time, Party C shall undertake to perform the following obligations, and Party B undertakes to supervise and urge Party C to perform the following obligations: (i) Party C executes assets transfer agreement with respect to the Purchased Assets in accordance with this Agreement and the specific requirements of each Purchase Notice of Assets; and (ii) Party C shall execute any and all necessary contracts, agreements or documents, obtain any and all necessary government approval and consents, and take any and all necessary actions to transfer the ownership of Purchased Assets to Party A and/or its designee without attaching any security interests, and complete registration and filing procedures with respect to transfer of intellectual property in accordance with provisions of pertinent Chinese laws and regulations in order to make Party A and/or its Designee become the registered owner of the Purchased Assets. ​
Steps of Exercise. The exercise of the Equity Interest Option by the Wholly-owned Company is subject to provisions of laws and regulations of the PRC. When exercising the Equity Interest Option, the Wholly-owned Company shall serve a written notice (“Equity Purchase Notice”) to the Current Shareholder, to specify the following issues: (a) decisions of the Wholly-owned Company regarding the exercise of Equity Interest Option; (b) the percentage of equity interests to be purchased by the Wholly-owned Company from the Current Shareholder (“Target Equity Interests”), and (c) date of purchase/assignment.
AutoNDA by SimpleDocs
Steps of Exercise. The exercise of Party A's Purchase Option is subject to the provisions of the Laws of the PRC. When Party A exercises its Purchase Option pursuant to Article 1.1, it shall give a written notice to Party B and/or Party C (hereinafter referred to as "Equity Interest Purchase Notice" or "Asset Purchase Notice"), and the Equity Interest Purchase Notice and/or Asset Purchase Notice shall set out the following: (a) Party A's decision to exercise the Purchase Option; (b) the equity interests to be purchased from Party B by Party A and/or the Designee (hereinafter referred to as the "Purchased Equity Interests") and/or the assets to be purchased from Party C by Party A and/or the Designee (hereinafter referred to as the "Purchased Assets"); and (c) The date of purchase/transfer of the Purchased Equity Interest and/or the Purchased Assets. Upon receipt of the Equity Interest Purchase Notice and/or Asset Purchase Notice, Party B and/or Party C shall transfer the Purchased Equity Interest and/or Purchased Assets to Party A and/or the Designee in the manner described in Article 1.4 of this Agreement in accordance with such notice.
Steps of Exercise. The exercise of Equity Purchase Right or Assets Purchase Right by Party A is subject to provisions of laws and regulations of PRC. When exercising the Equity Purchase Right or Assets Purchase Right, Party A shall serve a written notice (“Exercise Notice”) to Party B or Party C, to specify the following issues: (a) decisions of Party A regarding the exercise of Equity Purchase Right or Assets Purchase Right; (b) the percentage of equity interests to be purchased by Party A from Party B (“Purchased Equity Interests”) or the specific asset purchased from Party C, and (c) date of purchase/assignment of Purchased Equity Right or Assets Purchase Right.
Steps of Exercise. Party A shall exercise its Equity Purchase Option subject to the laws and regulations of Malaysia. When exercising the Equity Purchase Option, Party A shall send a written notice to Party B (“Equity Purchase Notice”), specifying the following matters: (a) the decision of Party A or its Designee on exercise of the Equity Purchase Option; (b) the share of equity to be purchased by Party A or its Designee from Party B (“Purchased Equity”); and (c) the date of purchase/transfer of the Purchased Equity.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!