Examples of JV Shares in a sentence
Upon the terms and subject to the conditions of this Agreement, at the Closing, SINA shall sell, convey, assign, transfer and deliver to CRIC, the SINA JV Shares, and CRIC shall purchase the SINA JV Shares.
Upon transfer of the SINA JV Shares to CRIC at the Closing in the manner provided in this Agreement, full and valid record and beneficial title to the SINA JV Shares will fully and effectively vest in CRIC, free and clear of any Encumbrances.
The SINA JV Shares are owned of record and beneficially by SINA free and clear of all Encumbrances.
Immediately upon consummation of the transactions contemplated by this Agreement, the China Online Shares, including the SINA JV Shares, will be fully paid, non-assessable and free and clear of all Encumbrances.
In consideration for the SINA JV Shares and upon the terms and subject to the conditions of this Agreement, at the Closing, CRIC shall issue to SINA, and SINA shall subscribe from CRIC, the Subscription Shares.