Examples of Purchased Ordinary Shares in a sentence
For additional information regarding the issuances of those ordinary shares and warrants, see "Private Placement of Purchased Ordinary Shares and Warrants" above.
Status of Purchased Ordinary Shares Any ordinary share that we purchase or acquire will be held by us as a treasury share.
The Seller represents and warrants to Purchaser that the Seller has good and valid title to, and is the sole lawful owner of, all of the Purchased Ordinary Shares, and shall convey to Purchaser the full legal and beneficial interest and title in the Purchased Ordinary Shares, free and clear of any Liens, other than as set forth in the Company’s Articles of Association or applicable law (if any).
The issuance of any Series B Shares or the sale of any Purchased Ordinary Shares and Additional Purchased Ordinary Shares is not subject to any preemptive rights or rights of first refusal, or if any such preemptive rights or rights of first refusal exist, waiver of such rights has been obtained from the holders thereof.
In accordance with the Agreement, SINA agrees to purchase from the Selling Shareholder and the Selling Shareholder agrees to sell to SINA, on the Closing Date, the Additional Purchased Ordinary Shares, for Additional Ordinary Purchase Price.
Subject to the terms and conditions set forth in this Agreement, and in reliance on the representations, warranties and covenants of the Purchaser and the Seller contained herein, upon the execution of this Agreement, the Seller shall sell to the Purchaser and the Purchaser shall purchase from the Seller the Purchased Ordinary Shares, free and clear of any and all Liens (the “Transaction”).
Upon any repurchase for cancellation of Purchased Ordinary Shares by the Issuer from the Holder hereunder, the Holder shall deliver to the Issuer for cancellation the share certificates evidencing such Purchased Ordinary Shares.
This Agreement, together with Schedule 4.2.1 attached hereto (when duly executed and delivered by the parties thereto), constitute a valid, legally, binding and enforceable agreement between the Seller and Purchaser for the sale and purchase of the Purchased Ordinary Shares.
Notwithstanding the foregoing, upon the termination of the Dealer Agreement, the Issuer shall be required to repurchase all Purchased Ordinary Shares of which it has the right to repurchase under Section 3 to the extent it has not exercised its right to do so under this Agreement.
This Agreement and the obligations of the parties hereunder shall terminate on the earlier of (i) the date that all Purchased Ordinary Shares have been repurchased pursuant to the terms hereof and (ii) the date that the Holder and Issuer have completed or satisfied all of their obligations hereunder.