Common use of Transfer Fee Clause in Contracts

Transfer Fee. The Transfer Fee (“Transfer Fee”) shall be confirmed by and between Party A and Party B through negotiation according to the appraisal of the Equity Interest approved by the competent authority, and it shall be the lowest price allowable by the PRC laws and regulations. Party B hereby unconditionally and irrevocably agrees that, in the event that Party A exercises its Purchase Right, Party B shall unconditionally refund to Party A the Transfer Fee in full.

Appears in 22 contracts

Samples: Exclusive Equity Interest Purchase Agreement (Ruanyun Edai Technology Inc.), Exclusive Equity Interest Purchase Agreement (Recon Technology, LTD), Exclusive Equity Interest Purchase Agreement (Recon Technology, LTD)

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