Transferred Equity Clause Samples
Transferred Equity. 1.1 The Transferee agrees to purchase the 30% equity interest of the Target Company from the Transferor.
1.2 The Transferor agrees to sell 30% equity interest of the Target Company held by it to the Transferee after the execution of this Agreement.
1.3 After the completion of registration in AIC for this equity transfer of equity the Transferee will enjoy the shareholder's rights, and undertake obligations and responsibilities of shareholder in accordance with applicable China laws and the provisions of the Articles of Association of the Target Company.
Transferred Equity. (A) Three (3) days prior to the Second Closing Date, the Seller shall deliver to the Purchaser an estimation of the Company’s Transferred Equity as of the Second Closing Date (“Estimated Transferred Equity”).
(B) Within thirty (30) days following the Second Closing Date, the Purchaser shall deliver to the Seller a final calculation of the Company’s Transferred Equity as of the Second Closing Date (“Final Transferred Equity”).
Transferred Equity. 1.1 The Transferor agrees that after the execution of this Agreement and within 45 days after the Transferee paid the first installment payment to the Mutual Management Bank Account it will reach the target of holding 100% equity of the Target Company by purchasing the equity. The Transferor agrees to sell 70% equity interest of the Target Company held by it to the Transferee.
1.2 The Transferee agrees to purchase the 70% equity interest of the Target Company from the Transferor after its holding 100% equity interest of the Target Company.
1.3 After the completion of registration in AIC for this equity transfer of the Transferee will enjoy the shareholder's rights, and undertake obligations and responsibilities of shareholder in accordance with applicable China laws and the provisions of the Articles of Association of the Target Company.
Transferred Equity. The Seller has made available to the Buyer the copies in its possession of the securityholder agreements, warrant agreements or similar agreements to which a Seller Party is a party with respect to the Transferred Equity.
Transferred Equity. 1.1 Party A agrees to transfer to Party B and Party C its 100% equity interest in Target Company (the “Transferred Equity Interest”) as well as all related rights, interests, liabilities and obligations. Party A shall transfer 70% of the Transferred Equity Interest to Party B and 30% of the Transferred Equity Interest to Party C.
1.2 After the Closing Date (to be defined in Article 4), all debts, securities and contingent liabilities, as well as all assets of Target Company, shall be assumed, and owned, by Target Company and Transferor shall bear no responsibility for any liability.
Transferred Equity. 1.1 Transferor jointly and severally agree to sell all equity of Target Company held by all the Transferor (hereinafter referred to as "Transferred Equity") to the Transferee.
1.2 Transferee agrees to purchase all equity of Target Company from all the Transferor.
1.3 After the transfer of equity the Transferee shall have the shareholder's rights, and undertake obligations and responsibilities of shareholder in accordance with applicable China laws and the provisions of the Articles of Association of Target Company.
Transferred Equity. 1.1 Party A, the sole shareholder of Yingkou China Energy Gas Development Co., Ltd (hereinafter referred to as “Yingkou China Energy”) intends to transfer the 100% equity interests to Party B under the conditions of this Agreement.