First Sale Shares definition

First Sale Shares shall have the meaning set forth in Section 2.1(a) of this Agreement.

First Sale Shares means the capital stock and other equity interests of the First Share Sale Companies.

First Sale Shares means the 159,360 Sale Shares to be disposed of by the First Vendor;

Examples of First Sale Shares in a sentence

• For avoidance of doubt, the Company may elect such Cash-Out Option in the event that, inter alia, the number of Protective Warrant Shares plus the number of First Sale Shares and Subsequent Sale Shares exceeds the number of shares registered pursuant to Section 1.1(a) of the Registration Rights Agreement.

• ConsiderationThe consideration for the acquisition of the First Sale Shares is RMB 75,262,645.50 (equivalent to approximately HK$92,227,596), which was determined with reference to the valuation of the First Sale Shares as at 31 March 2018 based on the market approach in the amount of RMB88,901,000 (before distribution of the profits attributable to the First Sale Shares up to 31 December 2017 to the First Seller) as determined by a qualified independent valuer.

• The First Sale Shares represent 43.62% of the equity capital of the First Target Company.

• Subject matterThe First Purchaser will acquire from the First Seller the First Sale Shares.

• Following each Sale Notice, the Company shall promptly provide the Investor with a written schedule stating as of such applicable Sale Notice Date (i) the total number of shares of Outstanding Common Stock, (ii) the number of Subsequent Sale Shares issuable with respect to the applicable Closing, (iii) the number of First Sale Shares issued, (iv) the number of Protective Warrant Shares issued or issuable, if any, and (v) the number of Incentive Warrant Shares issued or issuable, if any.

More Definitions of First Sale Shares

First Sale Shares. All such shares of the Purchaser held by Good Achieve into which 3,005,064 ordinary shares of US$0.0001 each in the capital of CPC had been converted pursuant to the Merger.

First Sale Shares. 81% in the registered capital of the Project Company; “First Vendor” 深 圳 市 洲 際 通 商 投 資 有 限 公 司 (Shenzhen Intercontinental Trading Investment Co., Ltd.*), a company established in the PRC;

First Sale Shares. 39% of the issued share capital of the Project Company;

First Sale Shares two issued shares in the share capital of the First Target Company, representing 100% of the issued share capital in the First Target Company to be sold under the Sale and Purchase Agreement “First Target Company” Mind Stone Investments Ltd, a company incorporated in the BVI with limited liability, which is a direct wholly-owned subsidiary of the Vendor as at the date of this announcement “GM” the general meeting of the Company to be convened and held for the Shareholders to consider and approve, among other things, the Sale and Purchase Agreement, including the Disposal Transaction

First Sale Shares as defined in Recital (C);

First Sale Shares means 76.628352490 Shares.

First Sale Shares has the meaning given in Subclause 16.5;