Deliveries by Mrfresh Cayman at Closing Sample Clauses

Deliveries by Mrfresh Cayman at Closing. At the Closing, in addition to any items the delivery of which is made an express condition to the Mrfresh Shareholders’ obligations at the Closing pursuant to Section 5, Mrfresh Cayman shall (a) deliver to the Company a duly issued share certificate representing the Mrfresh Exchange Shares transferred to the Company; (b) deliver to the Company the certified true copy of updated, electronically maintained register of member of Mrfresh Cayman reflecting the Company’s ownership of the Mrfresh Exchange Shares, duly certified by the registered agent of Mrfresh Cayman; (c) deliver to the Company the certified true copy of updated register of directors of Mrfresh Cayman reflecting the resignation of AI Yu and XX Xxxxxxx; and (d) pay and deliver to each Repurchased Mrfresh Shareholder its proportion amount of the Repurchase Price as set forth opposite such Repurchased Mrfresh Shareholder’s name on the Column II of Table A in the Schedule I attached hereto by wire transfer of immediately available funds in U.S. dollars to the Closing Accounts (as defined blow). With respect to the Mrfresh Cayman’s obligations to HongKong DuoJie Limited (“DuoJie”) at Closing, as consideration for repurchasing the Repurchased Shares held by DuoJie, subject to the satisfaction or waiver of all the conditions set forth in Section 5 below, (A) Mrfresh Cayman shall cause Beijing VIE at Closing to repay Zhuhai DuoJie the outstanding loan under the Loan Agreement plus an interests calculated at a compound annual interests of ten percent (10%), such total amount is set forth opposite DuoJie’s name on the Column II of Table A in the Schedule I attached hereto, and (B) Mrfresh Cayman shall deliver to DuoJie the Termination Agreement (as defined below) duly executed by Mrfresh Cayman with respect to the termination of the Promissory Note entered into by and between Mrfresh Cayman and DuoJie dated February 28, 2018 (“DuoJie Promissory Note”). For the avoidance of doubt, Mrfresh Cayman is not obligated to pay and deliver any Repurchase Price to DuoJie in any currency outside the PRC.
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