Examples of Capital Contributor in a sentence
Any waiver by any of the Capital Contributor of its rights or the release or termination of this Agreement shall be effective only to the extent of such party's rights and obligations and shall not constitute a waiver by the other Capital Contributors of their rights or a release or termination of this Agreement.
For the avoidance of doubt, the Capital Contributor has the right to transfer the rights and obligations entitled under this Agreement along with the transfer of the affiliates of the Capital Increase Agreement for Pixelworks Semiconductor Technology (Shanghai) Co., Ltd.
After the closing date and until the Qualified Listing, during the period when Capital Contributor holds the equity of the Target Company, the Target Company shall provide the Capital Contributor with the financial information required by the Capital Contributor within a reasonable range.
With the written consent of the Founding Shareholder, the Target Company is entitled to elect to notify all the other relevant Parties in writing (1) to terminate this Agreement, or (2) to terminate the rights and obligations under this Agreement for the Capital Increase of each Party and such Capital Contributor, that is, such Capital Contributor exits from the Capital Increase.
The account information for the Target Company to receive the Subscription Price from the Capital Contributor under this Agreement shall be informed by the Target Company five (5) working days before the closing.
Each Capital Contributor shall have separate rights and obligations with respect to this Agreement, and each Capital Contributor shall not be deemed to form a joint venture or other affiliated relationship by reason of the execution and performance of this Agreement.
In this event, the Company shall refund the Capital Increase Fund in full amount actually paid by the Additional Capital Contributor to the Additional Capital Contributor.
After the completion of this Closing, in the event of a change in control of Target Company that closes prior to Target Company filing an application for a Qualified Listing (the “Listing Application”), each Capital Contributor would be entitled to a minimum return of 10% on the amount paid for the shares it purchased through this transaction, payable in cash by the Founding Shareholder from the proceeds of the change in control following the closing of that transaction.
Where the Company fails to complete relevant change registration pertaining to the Current Capital Increase as stated in Article 5.1 on account of any reason attributable to itself after the three (3)-month period expires following the Additional Capital Contributor pays the Capital Increase Fund in full amount in accordance with Article 3.2, the Additional Capital Contributor shall have the right to revoke this Agreement after notifying the Company in writing.
The Target Company shall, on the second working day after each Capital Contributor performs its settlement obligations, deliver to each Capital Contributor the paid in capital contribution certificate and the register of shareholders confirming that each Capital Contributor has completed its paid in capital contribution obligations, and affix the company's official seal.