Examples of Yougu Shanghai in a sentence
The Company owns one hundred percent (100%) equity interest in Uxin Used Car Cayman(on a fully diluted basis), Uxin Used Car Cayman in turn owns one hundred percent (100%) equity interest in UcarShow HK (on a fully diluted basis) and UcarShow HK in turn owns one hundred percent (100%) equity interest in Yougu Shanghai (on a fully diluted basis), in each case free and clear of any Encumbrance.
The Parties acknowledge and agree that the maximum liability of the Covenantors towards the Investor in respect of any breach of representation made under Section 4.1 shall not exceed the Subscription Price in Yougu Shanghai actually paid by the Investor and the Subscription Price in the JV actually paid by the JV Subscriber.
The Group Companies desires to issue and allot to the Investor and the Investor desires to invest in the Group Companies and the subscription price into the Group Companies shall be divided into the following three parts: (1) subscription of the increased registered capital in Yougu Shanghai; (2) subscription of increased registered capital in the JV; and (3) subscription of the Series G Preferred Shares in the Company.
The Investor and the Group Companies hereby agree that, the Series G Subscription Price shall be divided into Subscription Price in Yougu Shanghai (as defined below) for investment into the Company and its Subsidiaries and the Subscription Price in the JV (as defined below) for investment into the JV and its Subsidiaries.2.2 Authorization.
The Investor hereby agrees to subscribe from Yougu Shanghai at the Closing the Subscribed Capital in Yougu Shanghai for an agggregrate subscription price that equals to the difference between the Series G Subscription Price and the Subscription Price in the JV (as defined below) (the “Subscription Price in Yougu Shanghai”), payable in the manner set forth in Section 3, at the Closing (as defined below).2.5 Adjustment of Series G Per Share Price.
Yougu Shanghai desires to increase its registered capital and allot to the Investor and the Investor desires to subscribe for such amount of Subscribed Capital in the Yougu Shanghai as set forth opposite the Investor’s name in Part III of EXHIBIT A, on the terms and conditions set forth in this Agreement.
The obligation of the Investor to pay the Subscription Price in Yougu Shanghai and to cause the JV Subscriber to pay the Subscription Price in the JV hereunder at the Closing is subject to the fulfillment by the Covenantors, on or prior to the date of the Closing, to the satisfaction of (or unless otherwise waived in writing by) the Investor, of all the conditions as set forth in EXHIBIT G.6.2 Conditions to the Company’s Obligations at Closing.
At any time but no later than three (3) business days when the Investor (1) has obtained the ODI Approvals and (2) has paid the full amount of Subscription Price in Yougu Shanghai, the Series G Per Share Price for such Investor shall be adjusted from US$0.001 to US$29.802044.2.6 Subscription in the JV.
UcarShow HK was formed solely to acquire and hold an equity interest in Yougu Shanghai.
Relating to the WFOE, Fengshun Lubao, Kaifeng Financing Lease, Yougu Shanghai, Youxin Pengda, the PRC Domestic Company and the PRC Subsidiaries.