Examples of Key Parties in a sentence
The Series Seed Investor has purchased from the Company, and the Company has sold to the Series Seed Investor, certain Series Seed Preferred Shares of the Company on the terms and conditions set forth in the share purchase agreement dated January 22, 2020 by and among the Company, the HK Company, the Domestic Company, the Key Parties, the Founder Holdcos and the Series Seed Investor (the “Series Seed Share Purchase Agreement”).
For avoidance of doubt, for so long as the Key Parties and the Founder Holdcos hold any Share of the Company, the Founder Holdcos shall be entitled to appoint more than the majority of the directors of the Board of the Company.
The Company, the Key Parties and the Founder Holdcos shall cause all Parties to this Agreement, other than the Investors, to perform their obligations under this Agreement.
To the extent permitted by PRC laws and upon the written request of the WFOE, the Key Parties shall, and the Covenantors shall cause other shareholders of the Domestic Company to transfer their equity interests in Domestic Company in part or in whole to the WFOE or the designee of the WFOE at the WFOE’s sole and absolute discretion at such price described in the Control Documents.