Examples of JV Shares in a sentence
The Company has also entered into the Deed in relation to the granting of the Shang Put Option and the Company Call Option entitling (i) the JV Partner to require the Company to purchase the JV Shares beneficially held by it at the Option Price; or (ii) the Company to require the JV Partner to sell the JV Shares beneficially held by it to the Company at the Option Price (as applicable).
Transfer of JV Shares by a JV Shareholder is subject to pre-emption right of the other JV Shareholders except for transfer between holding company and its direct or indirect wholly-owned subsidiaries.
The JV Parties agree that the transfer of Sale Shares shall not be subject to pre-emption rights on transfer of JV Shares referred to below.
JV Shares The new JV Shares shall, when issued, be free and clear from all encumbrance and shall, upon the SPA Completion, be credited as fully paid and rank pari passu in all respects with the other JV Shares in issue including the rights attaching to them.
The JV Shareholders’ contribution shall be made as to S$1,000,000 (approximately US$790,000) by way of subscription of JV Shares and as to the remaining S$54,000,000 (approximately US$42,660,000) by way of JV Shareholders’ Loan.