Common use of Exercise time Clause in Contracts

Exercise time. 2.1.1 Party B agrees that Party A may exercise some or all of the option under the Agreement at any time after the execution of the Agreement, to the extent permitted by the laws and regulations of the People’s Republic of China. 2.1.2 Party B agrees that there is no limit to the number of times Party A may exercise the option, unless it has acquired all of the Company’s equity. 2.1.3 Party B agrees that Party A may designate a third party to exercise the option as its representative, but when exercising the option, Party A shall notify Party B in writing in advance.

Appears in 12 contracts

Sources: Purchase Option Agreement (Qiniu Ltd.), Purchase Option Agreement (Qiniu Ltd.), Purchase Option Agreement (Qiniu Ltd.)

Exercise time. 2.1.1 Party B agrees The Authorizing Parties agree that Party A may exercise some part or all of the option under the Agreement options hereunder at any time after within the execution validity period of the Agreement, Agreement subject to the extent permitted by the laws and regulations of the People’s Republic of ChinaChinese laws. 2.1.2 Party B agrees The Authorizing Parties agree that there no restriction is no limit to placed on the number of times Party A’s exercises of options hereunder, unless Party A may exercise the option, unless it has acquired all stocks and/or assets of the Company’s equity.Party C. 2.1.3 Party B agrees The Authorizing Parties agree that Party A may designate a third party to exercise the option as its representativeOptions, but when exercising the option, provided that Party A shall notify Party B in writing in advancesend a prior written notice to the Authorizing Parties.

Appears in 4 contracts

Sources: Option Agreement (uCloudlink Group Inc.), Option Agreement (uCloudlink Group Inc.), Option Agreement (uCloudlink Group Inc.)