Transfer of Target Equity. Party A and Party B unanimously agree that Party A shall transfer the Target Equity to Party B at a consideration of RMB 117,051.3. Party A and Party B also acknowledge that the Target Equity shall be duly transferred on the effective date of this Agreement. Starting from the transfer date, Party A shall not have any right in or to the Target Equity nor assume any obligations thereof and Party B shall have rights in and to, and assume obligations of, the Target Equity.
Transfer of Target Equity. Whenever Party A is to exercise its Call Option:
(a) Party B shall instruct Party C to hold a shareholders meeting in time, and a resolution shall be passed during such meeting that approves Party B’s transfer of its equity interests in Party C to Party A and/or its Designated Person.
(b) Party B shall sign an equity interest transfer agreement with Party A (or its Designated Person, as applicable) in accordance with this Agreement and the Notice of Equity Purchase.
(c) The relevant Parties shall sign all other necessary contracts, agreements or documents, obtain all necessary governmental approval and consent, take all necessary actions to transfer, without attaching any Security Interests, the ownership of the Target Equity to Party A and/or the Designated Person; and cause Party A and/or the Designated Person to become the registered owner of the aforesaid Target Equity. For the purposes of this Section and this Agreement, “Security Interests” include liens, warrants, mortgages, pledges, rights and interests of a third party, any right to purchase, right to procure, right of priority, right to setoff, withholding of ownership, or other security arrangement; provided, however, that the “Security Interests’’ exclude any lien or security interests under this Agreement and the Equity Pledge Agreement.
(d) Before Party A and/or the Designated Person exercise the Call Option, Party B may, with the prior written consent of Party A and/or the Designated Person, transfer to a third party other than Party A and/or the Designated Person the Target Equity, and such third party shall succeed to all obligations, undertakings, representations and warranties of Party B under this Agreement as if is had been a Party hereof.
Transfer of Target Equity. Each of the Transferors hereby agrees that, the ownership of the Target Equity and any rights and interests related to or derived from this ownership shall be transferred from each Transferor to the Transferee upon the issuance date of the New Business License, and shall be vested in the Transferee thereafter.
Transfer of Target Equity. 1. Through friendly negotiation of Parties, Party A agrees to transfer the Target Equity to Party B in accordance with the terms of this Agreement, and Party B agrees to purchase the Target Equity hold by Party A in accordance with the terms of this Agreement.
2. Party A and Party B confirm that the Target Equity, transferred from Party A and accepted by Party B, is the equity corresponding to the equity of Yuantel Investment previously held by Party A, including all rights of shareholders of the company as stipulated in the Articles of Association and relevant laws, such as ownership, profit distribution right and asset distribution right corresponding to the equity held by Party A.
Transfer of Target Equity. 1.1 Party A agrees to transfer to Party B, and Party B agrees to accept the transfer of, 20% of the equity interests it holds in the Company, at a price of RMB258,380,000 (the “Transfer Price”).
1.2 Party B agrees to pay the Transfer Price to Party A in one lump sum within three months after this Agreement takes effect.
1.3 The Parties shall take all necessary actions and execute all necessary documents to complete the procedures for shareholder change registration, including but not limited to filing a change application to the AIC, amending the Company’s articles of association, and going through relevant change registration procedures.
1.4 The closing date of the equity transfer shall be the date on which the AIC change registration procedures are completed. As of the closing date Party A will cease to own, and Party B will become a shareholder of the Company and start to own, the Subject Equity and all rights and interests affiliated therewith, and Party B shall exercise its rights and fulfill its obligations and duties in accordance with the Company’s articles of association.
Transfer of Target Equity. The Parties hereby agree that the ownership of the Target Equity and any rights and interests relating to or originating from such ownership shall all be transferred to the Buyer on the date when the change registration of the Target Equity is completed with the AIC, and thereafter such ownership, rights and interests shall be enjoyed by the Buyer. The Buyer shall provide necessary assistance to complete the change registration procedures for the transfer of the Target Equity.
Transfer of Target Equity. The equity interest to be transferred by Party A to Party B under this Agreement represents 100% of the equity of the Target Company (the “Target Equity”), equals to the total registered capital of the Target Company in an amount of RMB 17.5 million, in which RMB 8.5 million have been paid up. The Parties’ signing of this Agreement shall be regarded as the substantial completion of the transfer of the Target Equit, and Party A shall no longer hold or be entitled to any equity interest in Target Company and Party B shall, as the sole shareholder of Target Company, take the rights and obligations in accordance with the articles of association of the Target Company.
Transfer of Target Equity. The Transferor agrees to transfer to the Acquirer and the Acquirer agrees to accept the Target Equity. On and as from the date when the Acquirer is recorded in the register of shareholders of the Target Company as its sole shareholder, the Acquirer may exercise its rights as the sole shareholder of the Target Company, including but not limited to making shareholder’s decisions. Upon completion of the transfer of Target Equity, the capital contribution and shareholding structure of the Target Company shall be as follows: Shareholder Contribution (in RMB ten thousand) Shareholding percentage (%) Beijing Leyu Shiji Telecommunications Equipment Retail Chain Co., Ltd. 8,800 100
Transfer of Target Equity. 1.1 Party A agrees to transfer to Party B, and Party B agrees to accept the transfer of, 50% of the equity interests in the Company held by Party A, at a price of RMB1,598,440,000 (the “Transfer Price”).
1.2 The Parties shall take all actions and execute all documents necessary to complete the procedures for shareholder change registration, including without limitation filing a change application to the industrial and commercial authority, amending the Company’s articles of association, and effecting relevant change registration procedures.
1.3 The equity transfer shall be closed on the date hereof, as of which date Party A will cease to own the Subject Equity and any rights and interests attached thereto, and Party B will become a shareholder of the Company, own the Subject Equity and any rights and interests attached thereto, exercise the rights and fulfill the obligations and duties as a shareholder in accordance with the Company’s articles of association.
Transfer of Target Equity. The Transferor agrees to transfer the target equity to the Transferee in accordance with conditions of the Agreement and the Transferee agrees to accept the target equity.
