Asset Purchase Option definition

Asset Purchase Option means the option to purchase any Company Assets as granted to the WFOE by the Company pursuant to the terms and conditions of this Agreement.

Asset Purchase Option means the option to purchase any of the Company Assets that is granted by the Company to the WFOE in accordance with the terms and conditions hereof. Option Shares mean, with respect to an Existing Shareholder, all the shares it holds in the Company’s Registered Capital (as defined below); with respect to all of the Existing Shareholders, 100% shares of the Company. Company’s Registered Capital means the registered capital of the Company as of the date hereof, i.e. RMB 600 million, which also includes the increased registered capital as a result of any form of capital increase during the effective term of this Agreement. Transferred Shares mean the shares of the Company that the WFOE is entitled to require the Existing Shareholders to transfer to it or its designated entity or person pursuant to Article 3 hereof in exercising the Share Transfer Option, and the quantity of such Transferred Shares may be all or part of the Option Shares and is to be determined at the sole discretion of the WFOE in accordance with the then-current PRC Laws and depending upon its own commercial considerations. Transferred Assets mean the Company Assets that the WFOE is entitled to require the Company to transfer to it or its designated entity or person pursuant to Article 3 hereof in exercising the Asset Purchase Option, and the quantity of such Transferred Assets may be all or part of the Company Assets and is to be determined at the sole discretion of the WFOE in accordance with the then-current PRC Laws and depending upon its own commercial considerations.

Asset Purchase Option shall have the meaning set forth in SECTION 3I(ii).

Examples of Asset Purchase Option in a sentence

• The Asset Purchase Option Exercise Price will be paid in cash to ALRT concurrently with the payment to holders of ALRT Callable Common Stock of the Stock Purchase Option Exercise Price and may be used to pay a portion of such Stock Purchase Option Exercise Price.

• Ligand and Allergan also agreed to restructure the terms and conditions relating to research, development, commercialization and sublicense rights for the ALRT compounds in the period following the closing of the exercise of Ligand's Stock Purchase Option and Allergan's Asset Purchase Option.

• The Asset Purchase Option is exercised by providing notice to Twinco at least one month before the expiry of the tenancy, and giving CFLCo two months to pay the purchase price, to be agreed upon by Twinco and CFLCo. If a price cannot be agreed upon, it will be settled by arbitration as set out in the Participation Agreement.

• The voting right of shareholders shall be in proportion to their share in the paid‐up equity share capital of the Company as on the cut‐off date, being 27.08.2021.

• LOAN RECEIVABLE AND LOAN PAYABLE (CONTINUED) On January 13, 2020, the Pure Manufacturing entered into an Asset Purchase Option Agreement (“Option Agreement”) with the Third Party, whereby in exchange for 2,666,000 of common shares of Pure Manufacturing, the Third Party will grant Pure Manufacturing 100% interest in three cannabis dispensaries.

More Definitions of Asset Purchase Option

Asset Purchase Option is defined in Section 1.03 of the Shortfall Agreement.

Asset Purchase Option refers to the option granted by Party C to Party A to purchase any Company Assets in accordance with the terms and conditions of this Agreement.

Asset Purchase Option means the option granted by the Company in accordance with the terms and conditions of this Agreement to Tianjin Xxxxx to purchase any of Company’s assets.

Asset Purchase Option has the meaning given to such term in Clause 7.5 (Asset Purchase Option).

Asset Purchase Option. Means the option granted by the Company to Xiaopeng Auto according to the terms and conditions hereof to purchase any asset of the Company. For the avoidance of any doubt, the Asset Purchase Option is applicable to the Assets (as defined below) only and not applicable to the assets of Xuetao Company.

Asset Purchase Option. Refers to an option granted by the Company to the Sole Proprietor under the terms and conditions hereof requiring the purchase of any assets of the Company.

Asset Purchase Option means the option granted to Baozun by the Company to acquire, upon Baozun’s request, any assets of the Company in accordance with the terms and conditions of this Agreement.