Form of Investment. Any investment of any funds in the Trust Accounts shall be made under the following terms and conditions:
Form of Investment. Any investment of any funds in the Accounts shall be made under the following terms and conditions:
Form of Investment. Any investment of funds in the Collection Account or the Liquidation Collection Account shall be made under the following terms and conditions:
Form of Investment. Any investment of any funds in the Credit Balance Settlement Account or the ATM Fee Settlement Account shall be made under the following terms and conditions:
Form of Investment. 1.1 Equity Transfer and Capital Increase For the purpose of this Agreement, the Original Shareholders intend to transfer their 40% equity interest in Wentai Education to the Designated Party at a price not less than the original cost of their capital contributions after the execution of this Agreement. Following the equity transfer, the Designated Party will own 40% equity interest of Wentai Education, whereas the Original Shareholders will in aggregate own 60% of its equity interest (of which 32.892%, 12.084%, 12.024% and 3% will be owned by Du Qicai, He Yuzhang, Liang Xing and Yin Ming, respectively). The Original Shareholders shall procure the Designated Party to assist them in performing all of their obligations hereunder, and shall be jointly and severally liable for all obligations of the Designated Party hereunder. Noah agrees to accept the transfer of 40% equity interest of Wentai Education from the Designated Party at a price of RMB36 million (the “Equity Transfer Price”) pursuant to the requirements of this Agreement and the related exhibits hereto. Simultaneously with the acceptance by Noah of the transfer of 40% equity interest of Wentai Education from the Designated Party as mentioned above, Noah agrees to subscribe the increased portion of equity interest of Wentai Education at a price of RMB90 million (the “Capital Increase Amount”) pursuant to the requirements of this Agreement and the related exhibits hereto. Of the Xxxxxxx Xxxxxxxx Xxxxxx, XXX00 million will be used as the increased registered capital of Wentai Education and RMB60 million will be used as its increased capital reserve. Following the completion of equity transfer and capital increase (the “Equity Transfer and Capital Increase”) as described in this Article 1.1, Wentai Education will have a registered capital of RMB60 million, and the capital contributions made by all shareholders towards the registered capital of Wentai Education and their respective equity ratios are as follows: After the Completion of Change Capital Contributions Prior to the of Registration in Respect of the Ultimately Subscribed by Current Equity Transfer Equity Transfer and Capital the Parties towards the Equity and Capital Increase with the Administration Registered Capital Shareholder Ratio Increase for Industry and Commerce (RMB/Ten Thousand) Noah 0 % 0 % 70 % 4,200 Designated Party 0 % 40 % 0 % 0 Du Qicai 54.82 % 32.892 % 16.446 % 986.76 He Yuzhang 20.14 % 12.084 % 6.042 % 362.52 Liang Xing 20.04 %...
Form of Investment. (a) AOL's investment (the "AOL Equity") will be in the form of convertible preferred stock, consisting of a number of shares determined on a fully diluted basis based on a valuation of Venture Sub agreed upon between AOL and RS or determined pursuant to Section 5.1.1(b), which will be senior to all other preferred stock of Venture Sub and will have other rights, preferences and privileges customarily provided to venture capital investors (including, but not limited to, weighted average anti-dilution protection) and no less favorable than those of any other preferred stockholder.
Form of Investment. Any investment of funds in the Collection Account or the Cash Collateral Account shall be made under the following terms and conditions: (i) each such investment shall be made in the name of the Agent (in its capacity as such) or in the name of a nominee of the Agent; and (ii) any certificate or other instrument evidencing such investment shall be delivered directly to the Agent or its agent and the Agent shall have sole possession of such instrument and all income on such investment. (g)
Form of Investment. Any investment of any funds in the Collection Account, Disbursement Account and Reserve Account shall be made under the following terms and conditions:
Form of Investment. Party A shall invest with machinery, equipment and intangible assets; Party B shall invest with cash for purchase of part of Party A's assets, introduction of equipment and GMP reconstruction. The JVC shall lease the land and factory buildings from Party A (details see Article 13).
Form of Investment. The investment shall total One Million Five Hundred Thousand US dollars (USD $1,500,000) and is to be split into the following payments (the “Investment Tranches”).
