Examples of Share Purchase and Subscription Agreement in a sentence
In the event this Honorable Court does not immediately strike down and vacate the Halt Order or issue a permanent injunction, this Court issue a preliminary injunction suspending operation of the Halt Order, and enjoining Defendants from enforcing any element of the Halt Order until further Order of this Honorable Court or an adjudication upon the merits..18.
The Board would like to announce that on 18 September 2012, the Company and China Bright, a non wholly-owned subsidiary of the Company, entered into the Amendment Deed with Xxxxxxx to revise certain terms of the Share Purchase and Subscription Agreement.
Save as amended by the Amendment Deed, all other terms of the Share Purchase and Subscription Agreement remain unchanged.
On 18 September 2012, Xxxxxxx exercised the Put Option in full by serving on the Company the Put Option Notice pursuant to which the Company is required to purchase the Put Option Shares from Xxxxxxx on the terms of the Share Purchase and Subscription Agreement, as amended by the Amendment Deed.
If the Conditions have not been satisfied (or as the case may be, waived by the Company) on or before 12: 00 noon on the Long Stop Date, the Share Purchase and Subscription Agreement shall cease and terminate (save and except clauses in relation to confidentiality, notices, costs and stamp duty and governing law and jurisdictions which shall continue to have full force and effect) and no party shall have any obligations and liabilities hereunder save for any antecedent breaches of the terms thereof.
AMENDMENT DEED The Board would like to announce that on 18 September 2012, the Company, China Bright and Xxxxxxx entered into an amendment deed (the “Amendment Deed”) to revise certain terms of the Share Purchase and Subscription Agreement.
The price paid for the Subscription Shares was an amount (in Pesos) equal to the difference between the Peso equivalent of US$200,000,000 and the Purchase Price (the “Subscription Price”).The aggregate consideration of US$200 million is calculated in proportion to the aggregate consideration of US$335 million paid/payable by the Company for an attributable interest of 50% in Travellers and the 30% interest (direct and indirect) in Travellers acquired under the Share Purchase and Subscription Agreement.
As disclosed in the announcement of the Company dated 20 August 2010, the transactions contemplated under the Share Purchase and Subscription Agreement including the grant of the Put Option by the Company to Xxxxxxx constituted a discloseable transaction for the Company under Chapter 14 of the Listing Rules (assuming exercise in full by Xxxxxxx of the Put Option) were therefore subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.
The Record assumes no responsibility for errors otherfor yourthan to re-run the ad one day after the error is called to our attention.
During the quarter, the Company has exercised the call option on the balance 26% of equity shares in accordance with the Share Purchase and Subscription Agreement dated August 31, 2017.