Examples of CB Subscription Agreement in a sentence
The Board announces that, on 19 October 2021, XPeng Huitian Investment Company (as the subscriber) entered into the Huitian CB Subscription Agreement with Huitian, pursuant to which, among other things, Huitian has agreed to issue and XPeng Huitian Investment Company has agreed to subscribe for the convertible bonds of Huitian in the principal amount of USD20 million.
On 20 January 2017 (after trading hours), the Company and Topsource entered into the New CB Subscription Agreement whereby Topsource has conditionally agreed to subscribe for, and the Company has conditionally agreed to issue, the New Convertible Bonds for the aggregate principal amount of HK$200 million pursuant to the terms and conditions set out therein.
Figure 3: N1, N2, N3 neighbors from the same grid; N4, N5, N6 neighbors from overlapping grid (adapted from Schreck and Peric, 2012).
DOGOTIX SUBSCRIPTION The Board announces that, on 19 October 2021, XPeng Dogotix Investment Company (as the subscriber), a wholly-owned subsidiary of the Company, entered into the Dogotix CB Subscription Agreement with Dogotix (as the issuer) and Dogotix Affiliates, pursuant to which, among other things, Dogotix has agreed to issue and XPeng Dogotix Investment Company has agreed to subscribe for the convertible bonds of Dogotix in the principal amount of USD6.44 million.
Keen Start agreed to subscribe for the convertible bonds in an aggregate principal amount of HK$167,500,000 (the “New CB”) at the initial conversion price of HK$0.067 per Share in accordance with the terms of the CB Subscription Agreement.
As the CB Subscription Agreement may or may not be completed, Shareholders and prospective investors are reminded to exercise caution when dealing in the Shares.
Accordingly, we recommend the Independent Board Committee to advise the Independent Shareholders and we advise the Independent Shareholders to vote in favour of the ordinary resolutions to be proposed at the EGM for approving the Dihao SPAs, the proposed GSH Counter-Guarantee Deed, the CB Subscription Agreement and transactions contemplated thereunder.
The Conversion Shares will be issued pursuant to the General Mandate or a refreshed general mandate and the proceeds from the New CB Subscription Agreement will be used for full redemption of the 2017 Convertible Bonds and/or to increase the working capital of the securities business of the Group.
All the targets under Adjusted Consideration Scenario 3 have been satisfied, the Company issued the Convertible Bonds in an aggregate principal amount of HK$346,400,000 to the Vendor pursuant to the New Sale and Purchase Agreement and the CB Subscription Agreement on 29 March 2012.
The entering into of the Dihao SPAs* for identification purposes onlyand the CB Subscription Agreement are conditions precedent under the GSH SPA whereas the GSH Counter-guarantee Deed is a completion deliverable under the GSH SPA.