Grant of Call Option Sample Clauses

Grant of Call Option. The Shareholder agrees to grant the Company or the Designee(s) hereby irrevocably and without any additional conditions with a Call Option, under which the Company or the Designee(s) shall have the right to require the Shareholder to transfer the Option Equity to the Company or the Designee(s) in such method as set out herein and as permitted by PRC Law. The Company or the Designee(s) also agrees to accept such Call Option.
Grant of Call Option. 2.1 Party B hereby irrevocably and exclusively grants Party A the Call Option, the right that allows Party A and/or any third party designated by Party A to subscribe for all or part of the equity interest held by Party B in Ambow Sihua.
Grant of Call Option. 2.1 The Existing Shareholders hereby jointly and severally agree to grant exclusively the WFOE an irrevocable and unconditional Call Option, under which the WFOE shall, subject to the PRC Law, be entitled to require the Existing Shareholders to transfer the Option Equity to the WFOE or its designated entity or individual in such methods as set forth herein. The WFOE also agrees to accept such Call Option.
Grant of Call Option. The Parties agree that the Shareholder exclusively grant CETL hereby irrevocably and without any additional conditions with a Call Option, under which CETL shall have the right to require the Shareholder to transfer the Option Equity to CETL or its designated entity or individual in such method as set out herein and as permitted by Laws of China. CETL also agrees to accept such Call Option. In case of CETL exercising the call option in its sole discretion upon the occurrence of the situation in which such call option exercise become feasible under the relevant laws in China, any additional consideration paid other than the RMB 1.00 which may be required under the laws of China to effect such purchase to comply with such legal formalities shall be either cancelled or returned to the company immediately with no additional compensation to the HEZL and Shareholder. HEZL and Shareholder hereby acknowledge the purpose of such provisions and hereby agrees and authorizes the company to take any and all actions to effect such transaction and agrees irrevocably to execute any and all documents and instruments and authorize the company's relevant officers to sign on his or his behalf and hereby gives the company and any of its relevant officers a proxy to execute and deliver such documents and instruments to effect the purpose of this provision and hereby waives any defense or claim of causes of action to challenge or defeat this provision.
Grant of Call Option. The Parties agree to exclusively grant Framedia Investment hereby irrevocably and without any additional conditions with a Call Option, under which Framedia Investment shall have the right to require the Shareholders to transfer the Option Equity to Framedia Investment or its designated entity or individual in such method as set out herein and as permitted by PRC Law. Framedia Investment also agrees to accept such Call Option.
Grant of Call Option. Subject to the terms and conditions of this Call Option Agreement, Telco and O hereby irrevocably and unconditionally grant to TE the right to purchase from Telco and/or O (as the case may be) the TI Shares (as defined below) and, provided that the Call Option is exercised in accordance with the terms and conditions of this Call Option Agreement, Telco and O irrevocably and unconditionally agree to transfer the TI Shares for the TI Purchase Price (as defined below) pursuant to the terms set forth in this Article III.
Grant of Call Option. The Parties agree to exclusively grant Dotad Technology hereby irrevocably and without any additional conditions with a Call Option, under which Dotad Technology shall have the right to require the Shareholders to transfer the Option Equity to Dotad Technology or its designated entity or individual in such method as set out herein and as permitted by PRC Law. Dotad Technology also agrees to accept such Call Option.
Grant of Call Option. In consideration of the relevant Secured Parties agreeing to purchase the Equipment Notes and the sum of US$10 paid by the Subordination Agent to the Shareholder (receipt of which is hereby acknowledged), the Shareholder hereby grants the Subordination Agent the option (exercisable at the discretion of the Subordination Agent in accordance with terms of this Agreement) to require the Shareholder to transfer the Shares on the Completion Date, to the Subordination Agent or a Trustee Nominee (on behalf of the Subordination Agent) for the Option Consideration.
Grant of Call Option. 2.1 The Parties agree that the Shareholders and the Target Company exclusively grant Yuezhong Shenyang hereby irrevocably and without any additional conditions with an Equity Call Option and an Asset Call Option (hereinafter collectively the "CALL OPTION") , under which Yuezhong Shenyang shall have the right to require the Shareholders to transfer the Option Equity, or the Target Company to transfer the Transferred Asset to Yuezhong Shenyang or its designated entity or individual in such method as set out herein and as permitted by PRC Law. Yuezhong Shenyang also agrees to accept such Call Option.
Grant of Call Option. 2.1 Operator agrees that Operator hereby exclusively, irrevocably, and without any additional conditions grants Xinjiang United Family with a Call Option, under which Xinjiang United Family shall have the right to require Operator to transfer the Transferred Asset to Xinjiang United Family or its designated entity or individual in such method as set out herein and as permitted by PRC Law. Xinjiang United Family also agrees to accept such a Call Option.