Common use of Transfer Price, Capital Reduction Price, and Capital Increase Price Clause in Contracts

Transfer Price, Capital Reduction Price, and Capital Increase Price. 4.1 As for the Shares Purchase Option, at each Exercise, the total Transfer Price that the WFOE and/or through other entities and/or individuals designated by the WFOE should pay to the Existing Shareholders shall be the actual paid-in capital contribution corresponding to the relevant Transfer Shares in the Company's registered capital. If the minimum price allowed by the PRC Laws at that time is higher than the aforementioned actual paid-in capital, the minimum price allowed by the PRC Laws shall prevail. Under the premise of complying with the PRC Laws, the Existing Shareholders shall immediately return and gift it to the WFOE and/or its designated entity after receiving the Transfer Price.

Appears in 3 contracts

Samples: Exclusive Option Agreement (JOYY Inc.), Exclusive Option Agreement (JOYY Inc.), Exclusive Option Agreement (JOYY Inc.)

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Transfer Price, Capital Reduction Price, and Capital Increase Price. 4.1 As 4.1As for the Shares Purchase Option, at each Exercise, the total Transfer Price that the WFOE and/or through other entities and/or individuals designated by the WFOE should pay to the Existing Shareholders shall be the actual paid-in capital contribution corresponding to the relevant Transfer Shares in the Company's registered capital. If the minimum price allowed by the PRC Laws at that time is higher than the aforementioned actual paid-in capital, the minimum price allowed by the PRC Laws shall prevail. Under the premise of complying with the PRC Laws, the Existing Shareholders shall immediately return and gift it to the WFOE and/or its designated entity after receiving the Transfer Price.

Appears in 1 contract

Samples: Exclusive Option Agreement (JOYY Inc.)

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