Common use of Transfer of Optioned Interests Clause in Contracts

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 Party B shall cause Party C to promptly convene a shareholders’ meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 Party B shall obtain written statements from the other shareholders of Party C giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto; 1.1.3.3 Party B shall execute an equity interest transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 1.1.3.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement,

Appears in 6 contracts

Samples: Exclusive Option Agreement (Hello Group Inc.), Exclusive Option Agreement (Hello Group Inc.), Exclusive Option Agreement (Hello Group Inc.)

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Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 1.4.1 Party B shall cause Party C to promptly convene a shareholders’ shareholders meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 1.4.2 Party B shall obtain written statements from the other shareholders of Party C (if any) giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto; 1.1.3.3 1.4.3 Party B shall execute an equity interest a share transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable) with respect to each transfer (“Transfer Contract”), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned InterestsNotice; 1.1.3.4 1.4.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose purposes of this Section and this Agreement,this

Appears in 3 contracts

Samples: Exclusive Option Agreement (LexinFintech Holdings Ltd.), Exclusive Option Agreement (LexinFintech Holdings Ltd.), Exclusive Option Agreement (LexinFintech Holdings Ltd.)

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 1.4.1 Party B shall cause Party C to promptly convene a shareholders’ meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 1.4.2 Party B shall obtain written statements from the other shareholders of Party C B giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto;. 1.1.3.3 1.4.3 Party B shall execute an equity interest a share transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 1.1.3.4 1.4.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement,, “security interests” shall include securities, mortgages, third party’s rights or interests, any stock options, acquisition right, right of first refusal, right to offset, ownership retention or other security arrangements, but shall be deemed to exclude any security

Appears in 3 contracts

Samples: Exclusive Option Agreement (Yew Bio-Pharm Group, Inc.), Exclusive Option Agreement (Yew Bio-Pharm Group, Inc.), Exclusive Option Agreement (Yew Bio-Pharm Group, Inc.)

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 Party B shall cause Party C to promptly convene a shareholders’ meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 Party B shall obtain written statements from the other shareholders of Party C giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto; 1.1.3.3 Party B shall execute an equity interest transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 1.1.3.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement,Optioned

Appears in 2 contracts

Samples: Exclusive Option Agreement (Hello Group Inc.), Exclusive Option Agreement (Hello Group Inc.)

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 Party B shall cause Party C to promptly convene a shareholders’ meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 Party B shall obtain written statements from the other shareholders of Party C giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto; 1.1.3.3 Party B shall execute an equity interest transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 1.1.3.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement,of

Appears in 2 contracts

Samples: Exclusive Option Agreement (Hello Group Inc.), Exclusive Option Agreement (Hello Group Inc.)

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 1.4.1 Party B shall cause Party C to promptly convene a shareholders’ shareholders meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 1.4.2 Party B shall obtain written statements from the other shareholders of Party C (if any) giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto; 1.1.3.3 1.4.3 Party B shall execute an equity interest a share transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable) with respect to each transfer (“Transfer Contract”), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned InterestsNotice; 1.1.3.4 1.4.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose purposes of this Section and this Agreement,, “Security Interests” shall include securities, mortgages, third party’s rights or interests, any stock options, acquisition right, right of first refusal, right to offset, title retention or other security arrangements, but shall be

Appears in 2 contracts

Samples: Exclusive Option Agreement (LexinFintech Holdings Ltd.), Exclusive Option Agreement (LexinFintech Holdings Ltd.)

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 Party B shall cause Party C to promptly convene a shareholders’ meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 Party B shall obtain written statements from the other shareholders of Party C giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto; 1.1.3.3 Party B shall execute an equity interest transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 1.1.3.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement,, “security interests” shall include securities, mortgages, third party’s

Appears in 2 contracts

Samples: Exclusive Option Agreement (Hello Group Inc.), Exclusive Option Agreement (Hello Group Inc.)

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 1.4.1 Party B shall cause Party C to promptly convene a shareholders’ meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 1.4.2 Party B shall obtain written statements from the other shareholders of Party C giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto; 1.1.3.3 1.4.3 Party B shall execute an equity interest transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 1.1.3.4 1.4.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement,, “security interests” shall include securities, mortgages, third party’s rights or interests, any stock options, acquisition right, right of first refusal, right to offset, ownership retention or other security arrangements, but shall be deemed to exclude any security interest created by this Agreement and Party B’s Power of Attorney.

Appears in 2 contracts

Samples: Exclusive Option Agreement (China Online Education Group), Exclusive Option Agreement (China Online Education Group)

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 1.4.1 Party B shall cause Party C to promptly convene a shareholders’ shareholders meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 1.4.2 Party B shall obtain written statements from the other shareholders of Party C (if any) giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto; 1.1.3.3 1.4.3 Party B shall execute an equity interest a share transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable) with respect to each transfer (“Transfer Contract”), in accordance with the provisions of this Agreement Contract and the Equity Interest Purchase Option Notice regarding the Optioned InterestsNotice; 1.1.3.4 1.4.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose purposes of this Section and this Agreement,, “Security Interests” shall include securities, mortgages, third party’s rights or interests, any stock options, acquisition right, right of first

Appears in 1 contract

Samples: Exclusive Option Agreement (LexinFintech Holdings Ltd.)

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Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 1.4.1 Party B shall cause Party C to promptly convene a shareholders’ meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 1.4.2 Party B shall obtain written statements from the other shareholders of Party C giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto;. 1.1.3.3 1.4.3 Party B shall execute an equity interest a share transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 1.1.3.4 1.4.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement,, “security interests” shall include securities, mortgages, third party’s rights or interests, any stock options, acquisition right, right of first refusal, right to offset, ownership retention or other

Appears in 1 contract

Samples: Exclusive Option Agreement (MK Arizona Corp.)

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 1.4.1 Party B shall cause Party C to promptly convene a shareholders’ shareholders meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 1.4.2 Party B shall obtain written statements from the other shareholders of Party C (if any) giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto; 1.1.3.3 1.4.3 Party B shall execute an equity interest a share transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable) with respect to each transfer (“Transfer Contract”), in accordance with the provisions of this Agreement Contract and the Equity Interest Purchase Option Notice regarding the Optioned InterestsNotice; 1.1.3.4 1.4.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement,security

Appears in 1 contract

Samples: Exclusive Option Agreement (LexinFintech Holdings Ltd.)

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 Party B 1.4.1 A Shareholder shall cause Party C Target Company to promptly convene a shareholders’ shareholders meeting, at which a resolution shall be adopted approving Party Bthe Shareholder’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 Party B 1.4.2 A Shareholder shall obtain written statements from the other shareholders shareholder of Party C Target Company giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto;. 1.1.3.3 Party B 1.4.3 A Shareholder shall execute an equity interest a share transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 1.1.3.4 1.4.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement,.

Appears in 1 contract

Samples: Exclusive Option Agreement (Puyi, Inc.)

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 1.4.1 Party B shall cause Party C to promptly convene a shareholders’ shareholders meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 1.4.2 Party B shall obtain written statements from the other shareholders of Party C giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto;. 1.1.3.3 1.4.3 Party B shall execute an equity interest a share transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 1.1.3.4 1.4.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement,, “security interests” shall include securities, mortgages, third party’s rights or interests, any stock options, acquisition right, right of first refusal, right to offset, ownership retention or other security arrangements, but shall be deemed to exclude any security

Appears in 1 contract

Samples: Exclusive Option Agreement (Middle Kingdom Alliance Corp.)

Transfer of Optioned Interests. For each exercise of the Equity Interest Purchase Option: 1.1.3.1 1.4.1 Party B shall cause Party C to promptly convene a shareholders’ shareholders meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.1.3.2 1.4.2 Party B shall obtain written statements from the other shareholders of Party C giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto;. 1.1.3.3 1.4.3 Party B shall execute an equity interest a share transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 1.1.3.4 1.4.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement,the

Appears in 1 contract

Samples: Exclusive Option Agreement (Middle Kingdom Alliance Corp.)

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