Examples of Target Ordinary Shares in a sentence
For the avoidance of doubt, each party shall not be obligated to provide any additional equity contribution in cash or otherwise in addition to the rollover of all Target Ordinary Shares owned by it or its affiliated investment vehicles (if any).
If so agreed, Target Ordinary Shares not contributed by the Chairman Parties and the Investor Entities to Holdco at the Closing pursuant to the preceding sentence shall be paid the per share consideration provided for in the Merger Agreement and cancelled at the Closing.
As of the date of this Agreement, the New Sponsor does not own, directly or indirectly, any Target Ordinary Shares or any other Securities of Target.
Specifically, the Chairman Parities and each of the Investor Entities agrees to contribute to Holdco at the Closing, in exchange for newly issued equity interests in Holdco, all of the Target Ordinary Shares then held by the Chairman Parties and the Investor Entities based on the same per share consideration as provided in the Merger Agreement, except as may otherwise be agreed by the Parties.
Specifically, each of CNshangquan and ChinaEquity agrees to contribute to Holdco at the Closing, in exchange for newly issued equity interests in Holdco, all of the Target Ordinary Shares (including American Depositary Shares of the Target (the “ADSs”), each representing thirty-five Target Ordinary Shares) then held thereby based on the same per share consideration as provided in the Merger Agreement, except as may otherwise be agreed by the Parties.