Examples of Initial Investment Agreement in a sentence
All outstanding Common Shares and all outstanding shares of each member of the Caza Group have been duly authorized and validly issued, are fully paid and non-assessable and are not (except as otherwise provided in favour of the Investor under the Initial Investment Agreement) subject to, nor were they issued in violation of, any pre-emptive rights.
The Board believes that the entering into the transactions contemplated by the Initial Investment Agreement and the Shareholders’ Agreement will allow the Group to expand its business to the upstream pulp and bioproduct manufacturing industry to stabilize the supply of wood pulp in the future, and therefore enhance the Group’s long term development.
Based on the terms of the Initial Investment Agreement and the Shareholders’ Agreement, as none of the applicable percentage ratios exceed 5%, the Subscription, the Guarantee and the entering into of the Shareholders’ Agreement do not constitute notifiable transactions for the Company under the Listing Rules.
For greater certainty, the Initial Investment Agreement and the Loan Agreement, as well as all other agreements and documents relating thereto, remain in full force and effect in accordance with their respective terms, unaffected by this Agreement.
In particular and without limiting the generality of the foregoing, the Investor’s rights under sections 5.4, 5.5 and 5.6 of the Initial Investment Agreement remain in full force and effect.
Accordingly, the Board is of the view that the entering into of the Initial Investment Agreement and the Shareholders’ Agreement and the transactions contemplated thereunder are in the interests of the Group and the shareholders of the Company as a whole.
The Parties agree that (i) the definition of Quantum Equity in the Initial Investment Agreement shall be amended in such way that the equity interest in Qoros Automotive proposed to be transferred by Quantum is the one representing 26% of the total registered capital of Qoros Automotive; (ii) the Quantum Transfer Price shall be adjusted to RMB 1,690,000,000; and (iii) the Investor and Quantum shall enter into the Quantum Equity Transfer Agreement in the form set forth in Appendix I attached hereto.
Unless otherwise defined herein, capitalized terms used but not defined herein shall have the same meaning ascribed to them in the Initial Investment Agreement.
The Parties agree that (i) the definition of Chery Equity in the Initial Investment Agreement shall be amended in such way that the equity interest in Qoros Automotive proposed to be transferred by Xxxx Xxxxx is the one representing 25% of the total registered capital of Qoros Automotive; and (ii) the base listing price in the public announcement for Chery Equity Transfer proposed by Wuhu Chery at the Exchange House shall be no higher than RMB 1,630,000,000.