Examples of Perfect Harmony in a sentence
The Company owns one hundred percent (100%) equity interest in Perfect Harmony (on a fully diluted basis), Perfect Harmony in turns owns fifty two point six one five four percent (52.6154%) equity interest in Fairlubo (on a fully diluted basis), Fairlubo in turn owns one hundred percent (100%) equity interest in Fairlubo HK, and Fairlubo HK in turn owns one hundred percent (100%) equity interest in Lubao WFOE.
The corporate particulars of Perfect Harmony as set forth in Part II of EXHIBIT C are complete, true and accurate.
The Company was formed solely to acquire and hold an equity interest in the HK Company, UcarEase BVI, Uxin Used Car Cayman and Perfect Harmony.
Unless otherwise approved by the Investors, the business of Perfect Harmony shall be restricted to the holding, management and disposition of the equity interest in Fairlubo.
Unless otherwise approved by the Investors, the business of the Company shall be restricted to the holding, management and disposition of an equity interest in the HK Company, UcarEase BVI, Perfect Harmony and Uxin Used Car Cayman.
There are no shares of Perfect Harmony’s outstanding share capital, or shares issuable upon exercise or exchange of any outstanding options or other shares issuable by Perfect Harmony, that are subject to any preemptive rights, rights of first refusal or other rights to purchase such shares (whether in favor of Perfect Harmony or any other Person).
There are no subscriptions, options, warrants, conversion privileges, pre-emptive or other rights or Contracts with respect to the issuance or transfer of any shares of Perfect Harmony.
Immediately prior to the Closing, the authorized share capital of Perfect Harmony is USD$50,000, consisting of 50,000 ordinary shares, par value US$1.00, of which 1 is issued and outstanding and Uxin Limited owns one hundred percent (100%) of the issued and outstanding share capital of Perfect Harmony (on a fully diluted basis) which is free and clear of any Encumbrance.
So long as Perfect Harmony hold any Shares of the Company, Perfect Harmony shall have the right, but not the obligation, to appoint three (3) directors to serve on each Subsidiary Board, and so long as Fengshion Capital hold any Shares of the Company, Fengshion Capital shall have the right, but not the obligation, to appoint one (1) director to serve on each Subsidiary Board, provided that the maximum number of directors of such Subsidiary Board shall not exceed five (5).
Each Special Co-Sale Holder shall effect its participation in the sale by promptly delivering to Perfect Harmony for transfer to the prospective purchaser one or more duly executed instruments of transfer and other transfer documents required by the applicable Laws, which represent the number of the Shares which such Special Co-Sale Holder elects to sell.