Tranche B Completion Sample Clauses

Tranche B Completion. 5.1 Time and Place of Completion Tranche B Completion will take place at 11a.m. on the Tranche B Completion Date at the office of the Company at ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, PRC or at any other time and place as otherwise agreed upon by the Company and the Subscriber. 5.2 Subscriber’s Obligations at Completion Unless otherwise waived in writing by the Company, at the Tranche B Completion, the Subscriber shall deliver to the Company the written information on the bank account designated by it to receive the Tranche B Cash Payment. 5.3 Company’s Obligations at Completion Unless otherwise waived in writing by the Subscriber, at the Tranche B Completion, the Company shall: (a) By fax, instruct its registration agent to issue the Tranche B Shares to the Subscriber. The Company shall deliver the share certificate of the Tranche B Shares to the Subscriber within 10 business days after the Tranche B Completion Date; (b) Inform the Subscriber of the number of the Tranche B Stock Options determined pursuant to Article 4.4; (c) Instruct its bank to remit the Tranche B Cash Payment in immediately available USD funds to the bank account designated by the Subscriber.