Examples of Tranche C Completion in a sentence
The warranties, undertakings and indemnities in this Agreement shall survive the Tranche A Completion, Tranche B Completion and Tranche C Completion.
Tranche C Completion will take place at 11am on the Tranche B Completion Date at No.5 room,F8,CITIC Building or any other time and place agreed by the Company and the Subscriber.
Unless otherwise waived in writing by the Company, at Tranche C Completion Date, the Subscriber agrees to deliver to the Company all evidence required by the Company showing the satisfaction of the conditions to be performed by the Subscriber before Tranche B Completion have been satisfied.
The Subscriber shall indemnify the Company or its affiliated companies against all losses incurred by the act or default by Alliance Online or the Subscriber if any before the Tranche C Completion.
One-fourth of such additional consideration shall be paid by Shares of the Listco (“Additional Shares”) and the remaining three-fourths shall be paid in cash (“Additional Cash”) on Tranche C Completion Date, provided however, in case that the then prevailing PRC laws prohibit or restrict the issuance of Shares of Listco to the Allottees, the Company shall pay such additional consideration to the Allottees in cash.
The Allottees shall no longer have the right to appoint a director of Winclick as provided in Article 6.1 of the Equity Transfer Agreement after the Tranche C Completion.
In cases of share issues, the Company shall deliver the share certificate for the Tranche A Shares, Tranche B Shares and Tranche C Shares to the Subscriber within ten Business Days after the Tranche A Completion, Tranche B Completion and Tranche C Completion, respectively.
Tranche C Completion will take place at 11a.m. on the Tranche C Completion Date at the office of the Company at 0xx Xxxxx, Xxxxxxxx 0, Xxxxxxxxxxxx Xxxxxxxx Xxxx, Xxxxxxx, PRC or at any other time and place as otherwise agreed upon by the Company and the Subscriber.
Redgate () shall have the right to remove the director appointed by the Allottees and appoint all the directors of Winclick after the Tranche C Completion.
Unless otherwise waived in writing by the Subscriber, at Tranche A Completion, Tranche B Completion and Tranche C Completion, the Company agrees (as the case may be) to: make the Cash Payment or fax an instruction to the Company’s registered agent to issue the Tranche A Shares, Tranche B Shares and Tranche C Shares to the Subscriber together with the Company’s board resolutions approving the respective issue.