Transfer Defined. For the purpose of this Agreement, the term “transfer” shall include any direct or indirect transfer, sale, assignment or pledge, and its verb form and the terms of “transferor” and “transferee” shall have the meaning correlative to the foregoing. In the case that any Common Share is held by its ultimate beneficial owner through one or more level of holding companies, any transfer, repurchase, or new issuance of the shares of such holding companies or similar transactions that have the effect of change the beneficial ownership of such Common Share shall be deemed as an indirect transfer of such Common Shares. The Parties agree that the restrictions on the transfer of the Common Shares contained in this Agreement shall apply to such indirect transfer and shall not be circumvented by means any indirect transfer of the Common Shares.
Appears in 2 contracts
Samples: Shareholder Agreement (Aurora Mobile LTD), Shareholder Agreements (PPDAI Group Inc.)
Transfer Defined. For the purpose of this Agreement, the term “transfer” shall include any direct or indirect transfer, sale, assignment or pledge, and its verb form and the terms of “transferor” and “transferee” shall have the meaning correlative to the foregoing. In the case that any Common Ordinary Share is held by its ultimate beneficial owner through one or more level levels of holding companies, any transfer, repurchase, or new issuance of the shares of such holding companies or similar transactions that have the effect of change changing the beneficial ownership of such Common Ordinary Share shall be deemed as an indirect transfer of such Common Ordinary Shares. The Parties agree that the restrictions on the transfer of the Common Ordinary Shares contained in this Agreement shall apply to such indirect transfer and shall not be circumvented by means of any indirect transfer of the Common Ordinary Shares.
Appears in 2 contracts
Samples: Shareholder Agreement (Tuya Inc.), Shareholder Agreement (Tuya Inc.)
Transfer Defined. For the purpose of this Agreement, the term “transfer” shall include any direct or indirect transfer, sale, assignment or pledge, mortgage, and its verb form and the terms of “transferor” and “transferee” shall have the meaning correlative to the foregoing. In the case that any Common Ordinary Share is held by its ultimate beneficial owner through one or more level of holding companies, any transfer, repurchase, or new issuance of the shares of such holding companies or similar transactions that have the effect of change changing the beneficial ownership of such Common Ordinary Share shall be deemed as an indirect transfer of such Common Ordinary Shares. The Parties agree that the restrictions on the transfer of the Common Ordinary Shares contained in this Agreement shall apply to such indirect transfer and shall not be circumvented by means of any indirect transfer of the Common Ordinary Shares.
Appears in 2 contracts
Samples: Shareholder Agreement (uCloudlink Group Inc.), Shareholder Agreement (uCloudlink Group Inc.)
Transfer Defined. For the purpose of this Agreement, the term “"transfer” " shall include any direct or indirect transfer, sale, assignment or pledgeany other disposal (including creation of any encumbrance), and its verb form and the terms of “"transferor” " and “"transferee” " shall have the meaning correlative to the foregoing. In the case that any Common Ordinary Share is held by its ultimate beneficial owner through one or more level of holding companies, any transfer, repurchase, or new issuance of the shares of such holding companies or similar transactions that have the effect of change the beneficial ownership of such Common Ordinary Share shall be deemed as an indirect transfer of such Common Ordinary Shares. The Parties agree that the restrictions on the transfer of the Common Ordinary Shares contained in this Agreement shall apply to such indirect transfer and shall not be circumvented by means any indirect transfer of the Common Ordinary Shares.
Appears in 2 contracts
Samples: Shareholders Agreement (Weidai Ltd.), Shareholder Agreement (Weidai Ltd.)