Terms of Payment of the Consideration. 7.1 The Consideration shall be paid to the Seller as follows:
Terms of Payment of the Consideration. The Consideration shall be paid by the Purchaser in the following manners:
Terms of Payment of the Consideration. The Consideration shall be satisfied in the following manner:
Terms of Payment of the Consideration. The Consideration for the Acquisition will be paid by the Purchaser in four installments, namely, the first installment of RMB20,000,000 representing 20.0% of the Consideration, the second installment of RMB30,000,000 representing 30.0% of the Consideration, the third installment of RMB30,000,000 representing 30.0% of the Consideration and the fourth installment of RMB20,000,000 representing 20.0% of the Consideration. Unless otherwise specified, the Consideration shall be settled in RMB. First installment of the Consideration The Purchaser shall pay the first installment of the Consideration in the amount of RMB20,000,000 representing 20.0% of the Consideration to the Sellers within five (5) Business Days upon the signing of the Agreement, in which Seller A shall receive RMB19,998,000 and Seller B shall receive RMB2,000. Second installment of the Consideration The Purchaser shall pay the first installment of the Consideration in the amount of RMB30,000,000 representing 30.0% of the Consideration to the Sellers within five (5) Business Days after the following conditions are met or waived by the Purchaser in writing, in which Seller A shall receive RMB29,997,000 and Seller B shall receive RMB3,000: