Founder Vehicles definition

Founder Vehicles has the meaning given in the preamble.
Sample 1Sample 2Sample 3
Founder Vehicles means, collectively, mobike Global and Originalwish.
Sample 1Sample 2
Founder Vehicles means, collectively, mobike Global (as defined in Schedule 1) and Originalwish (as defined in Schedule 1).
Sample 1Sample 2

Examples of Founder Vehicles in a sentence

  • The Company shall, as soon as reasonably practicable and in any event within five (5) years from the Closing, seek, and the Founders and Founder Vehicles shall use commercially reasonable effort to cause, a Qualified IPO.

  • Immediately upon the IPO, the Board composition shall comply with the requirements of the applicable stock exchange, provided that the Founder Vehicles (acting as one Party) and Tencent (or their respective Affiliates) shall each be entitled to appoint at least one (1) director to the Board, and the management of the Company shall have an additional representative to serve on the Board.

  • The Company, the Domestic Company, the Founders, the Founder Vehicles and the Series A Investors and Series B Investors are parties to the existing Shareholders’ Agreement of the Company dated June 12, 2014 (“Prior Shareholders’ Agreement”), which shall be superseded and replaced in its entirety by this Agreement upon the Closing.

  • Each of the Group Companies, the Founders and the Founder Vehicles (collectively, the “Covenantors”) shall take all steps required to give effect to the first sentence of this Section 2.4.

  • Each of the Founders and the Founder Vehicles shall not circumvent or otherwise avoid the transfer restrictions set forth in this Agreement, whether by holding the Equity Securities of the Company indirectly through another Person or by causing or effecting, directly or indirectly, the Transfer or issuance of any Equity Securities by any such Person, or otherwise.

  • The obligations of each Party under this Agreement are several (and not joint or joint and several) and, except as set forth in Section 3.01(a), each Party’s obligation for fees and costs pursuant to Article III is capped at such Party’s Respective Proportion; provided that the obligations of the Founder Parties under this Agreement shall be joint and several as among the Founder and the Founder Vehicles.

  • The Company, the Founder Vehicles and the Founders agree to use their best efforts to ensure that the rights granted under this Amendment are effective and that the New Investors enjoy the benefits thereof.

  • None of the Founders, the Founder Vehicles, the Angel Investors, the Series A Investors or the Group Companies may assign its rights or delegate its obligations under this Agreement without the written consent of the Investors except in connection with a transfer in compliance with Section 5 of this Agreement.

  • Represents (i) 89,013,451 Class C ordinary shares held by Originalwish Limited, (ii) 26,454,325 Class C ordinary shares held by mobike Global Ltd., and (iii) 16,967,776 Class A ordinary shares and 33,032,224 Class C ordinary shares held by NIO Users Limited, which are collectively referred to in this document as Founder Vehicles.

  • The Company, the Founders and Founder Vehicles shall, and shall cause the other shareholders of the Company to, take all steps consistent with requirements of law and/or regulations set forth and amended from time to time by the regulatory bodies in the jurisdiction where the Qualified IPO is to take place to minimize lock-up of the Conversion Equity Interests in the event of a Qualified IPO.


More Definitions of Founder Vehicles

Founder Vehicles means Talent Leads Holdings Limited, Magic Colors Holdings Limited, Eternal Jade Inc. and Oriental Light Consulting Limited, each a limited liability company organized under the laws of the British Virgin Islands.
Sample 1

Related to Founder Vehicles

  • Transfer Vehicle means any vehicle that operates in space and transfers Payloads or persons or both between two different space objects, between two different locations on the same space object, or between a space object and the surface of a celestial body. A Transfer Vehicle also includes a vehicle that departs from and returns to the same location on a space object.

  • Motor Vehicles means motor vehicles, tractors, trailers and other like property, whether or not the title thereto is governed by a certificate of title or ownership.

  • Vehicles all cars, trucks, trailers, construction and earth moving equipment and other vehicles covered by a certificate of title law of any state and all tires and other appurtenances to any of the foregoing.

  • Investment Vehicles means any investment company or pooled investment fund, including, but not limited to, mutual fund families, exchange-traded funds, fund of funds and hedge funds, in which a Defendant has or may have a direct or indirect interest, or as to which its affiliates may act as an investment advisor, but of which a Defendant or its respective affiliates is not a majority owner or does not hold a majority beneficial interest.

  • Recreational vehicle means a vehicle which is:

  • Fleet Vehicle means one of a large group of New Vehicles sold to a Person (e.g., a rental car agency) which purchases in excess of ten (10) Vehicles per purchase contract for commercial use.

  • Program Assets means any assets, goods or property (real, tangible or intangible) purchased or financed in whole or in part (directly or indirectly) by MCC Funding.

  • New motor vehicle means a motor vehicle that:

  • Service Equipment means any equipment, Software, systems, cabling and facilities provided by or on behalf of Verizon and used to facilitate provision of the Services at a Customer Site. Ownership of the Service Equipment does not pass to Customer. Service Equipment does not include Verizon Facilities.

  • Light vehicle means a motor vehicle commonly referred to as an automobile, van, sport utility

  • Motor vehicle means land vehicles propelled other than by muscular power, such as automobiles, motorcycles, autocycles, and low speed vehicles. For the purposes of this definition, motor vehicle does not include farm equipment, snowmobiles, all-terrain vehicles, motorized wheelchairs, go-carts, gas buggies, golf carts, ski-slope grooming machines, or vehicles that run only on rails or tracks.