Exercise Steps. Subject to PRC law and regulations, Party A and/or the Designated Persons may exercise the Option by issuing a written notice (the “Option Notice”) to the Transferor, specifying the equity interest to be purchased from the Transferor (the “Purchased Equity Interest”) and the manner of such purchase.
Exercise Steps. Party A shall exercise its Equity Call Option subject to the PRC laws and regulations. When exercising the Equity Call Option, Party A shall give a written notice to Party B (“Equity Purchase Notice”), specifying (a) the decision made by Party A or the Designee on the exercise of the Equity Call Option; (b) the percentage of equity proposed to be purchased by Party A or the Designee from Party B (“Purchased Equity”); and (c) the purchase date/transfer date of the Purchased Equity.
Exercise Steps. Party A and/or the Designated Persons may exercise Option by issuing a written notice (the “Notice”) to Party B specifying the equity interest to be purchased from Party B (the “Purchased Equity Interest”) and the manner of purchase. Within 7 business days upon the receipt of Notice, Party B shall enter into an equity transfer agreement with Party A and/or its designated party and ensure transfer of Purchased Equity Interest to Party A and/or its designated person.
Exercise Steps. Party A shall exercise its Asset Purchase Option subject to the PRC laws and regulations. When exercising the Asset Purchase Option, Party A shall give a written notice to Party C (“Notice for Assets Purchase”), specifying (a) the decision made by Party A or the Designee on the exercise of the Asset Purchase Option; (b) the assets share proposed to be purchased by Party A or the Designee from Party C (“Purchased Assets”); and (c) the purchase date/transfer date of the Purchased Assets.
Exercise Steps. 2.1 Pursuant to the applicable laws of the P.R.C., Party A shall have the right to determine the time, manner and number of purchases for the Purchase Option.
Exercise Steps. Subject to the PRC laws and regulations, the WFOE may exercise the Call Option by issuing a written notice (“Equity Purchase Notice”) to the Existing Shareholders specifying the following matters: (a) the WFOE’s decision on exercise of the Call Option; (b) the amount of equity interest (“Target Equity”) which the WFOE proposes to purchase from the Existing Shareholders; and (c) the date of purchase/date of transfer of equity.
Exercise Steps. The exercise of the Equity Purchase Right by Party A shall be subject to compliance with the laws and regulations of China. When exercising the Equity Purchase Right, Party A shall give Party B a written notice (the Notice of Equity Purchase), which shall specify: (a) Party A’s decision on exercising the Equity Purchase Right; (b) the equity shares to be purchased by Party A from Party B (the Purchased Equity); and (c) the purchase date /transfer date of the Purchased Equity.
Exercise Steps. (a) The exercise of the Asset Purchase Option by Party A shall be subject to the compliance with laws and regulations of the PRC. When Party A exercises the Asset Purchase Option, a written notice shall be issued to Party B and Party C (the “Asset Purchase Notice”), specifying the following:
Exercise Steps. Party A and/or the Designated Person may exercise the Option by issuing a written notice (hereinafter referred to as the “Notice”) in the form of the sample attached in Appendix to Party B specifying the specific percentage of equity interest to be purchased from Party B (hereinafter referred to as the “Purchased Equity Interest”) and the manner of purchase. Within 7 business days upon the receipt of the Notice, Party B shall enter into an equity transfer agreement with Party A and/or its designated person and ensure the transfer of Purchased Equity Interest to Party A and/or its designated person as soon as practicable.
Exercise Steps. Subject to the provisions of the laws and regulations of China, Party A may exercise the Equity Interest/Assets Purchase Option by issuing a written notice to Party B (the “Equity Interest/Assets Purchase Option Notice”), specifying: (a) Party A’s or the Designee’s decision to exercise the Equity Interest/Assets Purchase Option, and the name of the Designee(s) if any; (b) the portion of equity interest to be purchased by Party A or the Designee(s) from Party B (the “Optioned Interest”) and/or the assets to be purchased by Party A or the Designee(s) from Party C (the “Optioned Assets”); and (c) the date of purchase or date of transfer of the Optioned Interest/Assets.
