Examples of Valuation Period in a sentence
The Closing of a Purchase Notice shall occur five (5) Business Day after the Valuation Period (the “Closing Date”) whereby the Investor shall deliver to the Company, by 5:00 p.m. New York time on the Closing Date, the applicable Investment Amount by wire transfer of immediately available funds to an account designated by the Company.
In the event of a suspension, delisting, or halting for any reason, of the trading of the ADSs during the Valuation Period, as contemplated by this Section 7.2(f), the Investor shall Purchase the Purchase Notice Shares in the respective Purchase Notice at a value equal to the par value of the Company’s ADSs.
Subject to Section 5.2, the Parties acknowledge and agree that during the Valuation Period, the Investor may contract for, or otherwise effect, the resale of the subject purchased Purchase Notice Shares to third parties.