Assignment Price. 4.1 According to the Loan Agreement (hereinafter referred to as the “loan agreement”) signed by the Existing Shareholders and the WFOE on 18 July 2018, the Existing Shareholders owe a debt totaling RMB10 million to the WFOE. Therefore, the parties hereby agree that the assignment price of the option equity of each Existing Shareholder shall be equivalent to the amount of the corresponding debt owed by each Existing Shareholder to the WFOE under the Loan Agreement at the material time; nevertheless, if the minimum assignment price permitted by the then PRC laws is higher than such debt amount, the minimum assignment price permitted by the PRC laws shall prevail. Notwithstanding the above provisions, the Existing Shareholders shall jointly exempt the WFOE from the payment obligations for the portion of the minimum assignment price permitted by the PRC laws in excess of such debt amount in accordance with the PRC laws and regulations. When the WFOE exercises the purchase option granted to the Existing Shareholders, the WFOE shall have the right to pay the assignment price by directly canceling the debts owed by the Existing Shareholders to the WFOE at the material time. The ratio of the cancelled debt to the total debt owed by the Existing Shareholders at the material time shall be equivalent to the ratio of the equity assigned by the Existing Shareholders to the total equity held by them in the Company.
Assignment Price. The Assignee shall, under this Assignment, pay to Assignee the amount of 75% of the face value of any Note under this Agreement within 12 months of the date of each assignment for the assignment, where the transfer of the Note(s) to Assignee shall occur no later than 5 business days after any relevant payment from Assignor to Borrower has been affected or on such other date as Assignee and Assignor shall agree and confirm in writing (the “Assignment Date”).
Assignment Price. 4.1 According to the Loan Agreement (hereinafter referred to as the “loan agreement-1”) signed by Xxx Xxxx, Xxxxxx Xxx (hereinafter collectively referred to as the “original shareholder”) and the WFOE on 9 November 2012, the Loan Agreement (hereinafter referred to as the “loan agreement-2” and jointly with loan agreement-1 as “Loan Agreement” in this paragraph) signed by the original shareholder Xxxxxx Xxx and the WFOE on 20 June 2014, and the Liability Assumption Agreement signed by the original shareholder Xxxxxx Xxx and the WFOE on 20 June 2014 , the original shareholder Xxxxxx Xxx owe a debt totaling RMB279,180 to the WFOE. Therefore, the parties hereby agree that the assignment price of the option equity of the original shareholder Xxxxxx Xxx shall be equivalent to the amount of the corresponding debt owed by the original shareholder Xxxxxx Xxx to the WFOE under the Loan Agreement at the material time; nevertheless, if the minimum assignment price permitted by the then PRC laws is higher than such debt amount, the minimum assignment price permitted by the PRC laws shall prevail. Notwithstanding the above provisions, the original shareholder Xxxxxx Xxx shall exempt the WFOE from the payment obligations for the portion of the minimum assignment price permitted by the PRC laws in excess of such debt amount in accordance with the PRC laws and regulations. When the WFOE exercises the Purchase Option granted by the original shareholder Xxxxxx Xxx, the WFOE shall have the right to pay the assignment price by directly canceling the debts owed by the original shareholder Xxxxxx Xxx to the WFOE at the material time. The ratio of the cancelled debt to the total debt owed by the original shareholder Xxxxxx Xxx at the material time shall be equivalent to the ratio of the equity assigned by the original shareholder Xxxxxx Xxx to the total equity held by them in the Company.
Assignment Price. The purchase price for said Assignment (“Assignment Price”) paid to Assignor by Assignee shall be: $ to be paid as follows: NIN 🞏 In cash, or its equivalent, on the date hereof, receipt of which is hereby acknowledged; OR 🞏 In cash, or its equivalent, at the closing of the sale contemplated by the Agreement.
Assignment Price. 4.1 Vanguard shall pay for the assignment of the Option by issuing to COASTAL a total of4,000,000 common shares (the “Vanguard Shares”) and cash in amount of CAD $250,000.00payable to COASTAL or to the third party by COASTAL request in further consideration of Vanguard and by assuming all of the obligations of COASTAL under the Maxore Agreement, including the obligation to make payments to Maxore as operator of the Property.
Assignment Price. 8% to Provider (Eight Percent) of Face Value plus 2% (Two Percent) commission fees for consultants 6. Payment: By SWIFT MT103
Assignment Price. The Parties agree as an total assignment price for the Subject Matter an amount of US $ 100.000,— (in words: US-Dollar one hundred thousand); whereby • the Buyer FM Electronics-Holding GmbH has to pay the assignment price of US$99.000,— • the Buyer WEHA Holding GmbH has to pay the assignment price of US$1.000,—.
Assignment Price. The term “ASSIGNMENT PRICE” means the sum of Five Million Dollars ($5,000,000.00), as adjusted in accordance with Section 4.5 of this AGREEMENT.
Assignment Price. 4.1.1. The consideration for the assignment of the Business Assets shall be USD 80,250,000 plus applicable VAT in cash (hereinafter called “the Assignment Price”). The Assignment Price is payable to the Assignor’s Account on the Closing Date.
Assignment Price. The Assignment Price of the Assignment hereunder shall be $0.01 per share.
