PRICE OF ACQUISITION. 2.1 The total Transfer Price shall be the minimum price permitted under the PRC Law then applicable. All Transfer Price received by Party B shall be refunded to Party A or Opco at no consideration or the minimum consideration permitted under the PRC Law then applicable, whichever is more. Refund of the Transfer Price shall be made by Party B by an appropriate manner decided by Party A. Transfer Price means all the considerations which Party A or its designated entity or individual is obliged to pay to Party B or the Opco for the Option in each exercise.
Appears in 3 contracts
Samples: Exclusive Option Agreement (Birch Branch Inc), Exclusive Option Agreement (China Industrial Steel Inc.), Exclusive Option Agreement (China Industrial Steel Inc.)
PRICE OF ACQUISITION. 2.1 The total Transfer Price shall be the minimum price permitted under the PRC Law then applicable. All Transfer Price received by Party B shall be refunded to Party A or Opco at no consideration or the minimum consideration permitted under the PRC Law then applicable, whichever is moreconsideration. Refund of the Transfer Price shall be made by Party B by an appropriate manner decided by Party A. Transfer Price means all the considerations which Party A or its designated entity or individual is obliged to pay to Party B or the Opco for the Option in each exercise.
Appears in 3 contracts
Samples: Exclusive Option Agreement (Lunar Growth CORP), Exclusive Option Agreement (BRS Group Inc), Exclusive Option Agreement (Comjoyful International Co)
