Sale Share definition

Sale Share means a Share which is sold or disposed of in accordance with this Schedule.

Sale Share has the meaning given in Recital (A).

Sale Share one share of US$1.00 in the Company; and "US$" United States dollars, the lawful currency of the United States of America.

Examples of Sale Share in a sentence

• On 22 March 2019 (after trading hours), the Purchaser and the Vendor entered into the Sale and Purchase Agreement, pursuant to which (i) the Purchaser has conditionally agreed to purchase and the Vendor has conditionally agreed to sell the Sale Share, which represent the entire issued share capital of the Target Company, and (ii) the Vendor has conditionally agreed to assign the Debt to the Purchaser, at the Consideration of approximately HK$898.7 million.

• The Principal SPA Completion shall take place immediately before the Completion on the same Completion Date, whereby the Vendor will be the sole legal and beneficial owner of the Sale Share and the Debt upon Principal SPA Completion and immediately before Completion.

• The Consideration shall be paid by or on behalf of the Purchaser at Completion for the purchase of the Sale Share and the assignment of the Debt by payment of the Consideration, equivalent to the redemption amount for the Existing Property Mortgage and the Existing Share Mortgage, to be paid to the Security Trustee.

• On the date of the signing the Sale and Purchase Agreement, the Sale Share, the Debt and the Property are charged and encumbered under the Existing Property Mortgage and the Existing Share Mortgage, and the redemption amount required to be paid for obtaining a release and/or discharge of the Existing Property Mortgage and the Existing Share Mortgage with effect from the Completion Date shall be an amount equivalent to the Consideration.

• The Vendor was nominated by Xx. Xxxx to acquire the Sale Share and the Debt from the Principal Vendor.

More Definitions of Sale Share

Sale Share the fully paid share which is legally and beneficially owned by Party A, representing 30% of the entire issued share capital of HZ HollySys as at the date of this Agreement "Consideration" the agreed total consideration payable by Party B to Party A for the sale and purchase of the Sale Share in accordance with the condition 3 set forth in this Agreement "Signature Date" the official date for signature of this Agreement stated in this Agreement "Effective Date" the date upon the fulfillment of all the conditions specified in this Agreement "Business Day" a day on which banks are open for business other than (i) a Saturday or a Sunday; or (ii) a "general holiday"

Sale Share means one share with a par value of US$1.00 in the Company representing all the share issued by the Company as at the date of this Agreement and at Completion, to be bought and sold pursuant to Clause 2;

Sale Share means a Share which is sold or disposed of in accordance with the article 25.

Sale Share means a Share which is sold or disposed of in accordance with this Schedule. “marketable parcel” has the meaning given in the Listing Rules.

Sale Share means the issued share comprising the whole of the issued share capital of the Company;

Sale Share means any of them.

Sale Share means 1 ordinary share in the Target, representing the entire issued and paid up share capital of the Target “Share(s)” ordinary share(s) of HK$0.080 each in the share capital of the Company “Shareholder(s)” holder(s) of the issued Share(s)