Common use of Equity Interest Purchase and Consideration Clause in Contracts

Equity Interest Purchase and Consideration. 1.1. Party B hereby agrees to purchase, and Party A hereby agrees to sell and transfer to Party B, 60% of its equity interests in the Targets to Party B effective as of August 30, 2019 (the “Closing Date”) for XXX 000 subject to the termination provisions set forth in paragraph 6 below.

Appears in 2 contracts

Samples: Equity Interest Purchase Agreement (Smartheat Inc.), Equity Interest Purchase Agreement (Smartheat Inc.)

AutoNDA by SimpleDocs

Equity Interest Purchase and Consideration. 1.1. Party B hereby agrees to purchase, and Party A hereby agrees to sell and transfer to Party B, 6040% of its equity interests in the Targets to Party B effective as of August 30, 2019 (the “Closing Date”) for XXX 000 subject to the termination provisions set forth in paragraph 6 below.

Appears in 2 contracts

Samples: Equity Interest Purchase Agreement (Smartheat Inc.), Equity Interest Purchase Agreement (Smartheat Inc.)

Equity Interest Purchase and Consideration. 1.1. Party B hereby agrees to purchase, and Party A hereby agrees to sell and transfer to Party B, 6030% of its equity interests in the Targets Target to Party B effective as of August 30, 2019 (the “Closing Date”) for XXX 000 00 subject to the termination provisions set forth in paragraph 6 below.

Appears in 1 contract

Samples: Equity Interest Purchase Agreement (Smartheat Inc.)

Equity Interest Purchase and Consideration. 1.1. Party B hereby agrees to purchase, and Party A hereby agrees to sell and transfer to Party B, 6070% of its equity interests in the Targets Target to Party B effective as of August 30, 2019 (the “Closing Date”) for XXX 000 00 subject to the termination provisions set forth in paragraph 6 below.

Appears in 1 contract

Samples: Equity Interest Purchase Agreement (Smartheat Inc.)

AutoNDA by SimpleDocs

Equity Interest Purchase and Consideration. 1.1. Party B hereby agrees to purchase, and Party A hereby agrees to sell and transfer to Party B, 6040% of its legally owned equity interests interest in each (but not fewer than all) of the Targets Target Companies to Party B effective as of August 30prior to December 31, 2019 2013 (the “Initial Closing Date”) for XXX 000 RMB 5,000,000, subject to the termination provisions set forth in paragraph 6 below.

Appears in 1 contract

Samples: Equity Interest Purchase Agreement (Smartheat Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.