Examples of Second Sale Shares in a sentence
Having regard to the nature of and the benefits resulting from the sale of the Second Sale Shares and the Shareholder’s Loan, the Directors believe that the terms of the sale and purchase of the Second Sale Shares and the Shareholder’s Loan are fair and reasonable and in the interests of the Shareholders taken as a whole.
Under the terms of the Second Share Sale Agreement, the Second Purchaser will be responsible for the outstanding capital contribution obligation to the Second Sale Shares in the amount of RMB58,500,000.
Subject matterThe Second Purchaser will acquire from the Second Seller the Second Sale Shares.
The Second Sale Shares represent 85.7143% of the equity capital of Second Target Company.
ConsiderationThe consideration for the acquisition of the Second Sale Shares is RMB 1,500,000 (equivalent to approximately HK$1,838,115), which was determined with reference to the valuation of the Second Sale Shares in the amount of RMB1,500,000 as at 30 April 2018 based on the asset approach as determined by a qualified independent valuer.
The Second Sale Shares comprise approximately 21.26% of the issued share capital of the Target.
The consideration for the Second Sale Shares pursuant to the Second Share Purchase Agreement is HK$45,939,437.28 (equivalent to HK$2.09 per Second Sale Share), which has been paid to the Selling Shareholders on Completion.
They often do not know if their current systems meet their own cybersecurity requirements as well as industry standards.
Moreover, the consideration for the First Sale Shares and the Second Sale Shares are not separately stated in the Acquisition Agreement, it is not feasible to separately evaluate the consideration for the two Target Companies.
This saw us partnering with the national station for a month long campaign in October which raised over €100,000 in its first year.