Common use of Target Assets Clause in Contracts

Target Assets. 2.1 The Company hereby agrees, and hereby grants irrevocably and without any additional conditions, the WFOE an option to require, under any of the following circumstances, the Company to transfer to the WFOE or the Nominated Entity part or all (subject to the WFOE’s specific requirements) of the equity of the Company held by the Company (the “Target Assets”) (the “Assets Purchase Option”):

Appears in 6 contracts

Samples: Exclusive Call Option Agreement (17 Education & Technology Group Inc.), Exclusive Call Option Agreement (17 Education & Technology Group Inc.), Exclusive Call Option Agreement (17 Education & Technology Group Inc.)

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Target Assets. 2.1 The Company hereby agreesagrees and irrevocably, unconditionally and hereby exclusively grants irrevocably and without any additional conditions, the WFOE an option to require, under any of the following circumstances, require the Company to transfer any and all of the assets of the Company (“Target Assets”) to the WFOE or the Nominated Entity part Designee, in whole or all (in part, subject to the WFOE’s specific requirements) of the equity of the Company held by the Company requirements (the “Target Assets”) (the “Assets Purchase Transfer Option”):), in the following circumstances:

Appears in 4 contracts

Samples: Exclusive Option Agreement (Yunji Inc.), Exclusive Option Agreement (Yunji Inc.), Assets Transfer Agreement (Yunji Inc.)

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