Common use of Purchase and Sale of Equity Interest Clause in Contracts

Purchase and Sale of Equity Interest. 1.1 Grant of Rights Party B (the “Transferor”) hereby irrevocably grants to Party A an option to purchase or cause any designated person(s) (“Designated Persons”) to purchase, to the extent permitted under PRC Law, according to the steps determined by Party A, at the price specified in Section 1.3 of this Agreement, at any time from the Transferor a portion or all of the equity interests held by Transferor in Party C (the “Option”). No Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to the granting of the Option by Party B to Party A and/or the Designated Persons. The “person” set forth in this clause and this Agreement means an individual person, corporation, joint venture, partnership, enterprise, trust or a non-corporation organization.

Purchase and Sale of Equity Interest. 1.1 Grant Granting of Rights Party B (the “Transferor”) hereby irrevocably grants to Party A an option to purchase or cause any one or more designated person(s) persons (“Designated Persons”) to purchase, to the extent permitted under PRC Lawlaw, according to the steps determined by Party A, at the price specified in Section Article 1.3 of this Agreement, and at any time from Party B (the Transferor “Transferor”), a portion or all of the equity interests held by Transferor Party B in Party C (the “Option”). No Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to the granting of the Option by Party B to Party A and/or the Designated Persons. The For purpose of this Section 1.1 and this Agreement, “person” set forth in this clause and this Agreement means an individual personindividual, corporation, joint venture, partnership, enterprise, trust or a non-corporation unincorporated organization.

Purchase and Sale of Equity Interest. 1.1 Grant Granting of Rights Party B (the “Transferor”) hereby irrevocably grants to Party A an option to purchase or cause any one or more designated person(s) persons (“Designated Persons”) to purchase, to the extent permitted under PRC Lawlaw, according to the steps determined by Party A, at the price specified in Section 1.3 of this Agreement, and at any time from the Transferor Transferor, a portion of, or all of of, the equity interests held by the Transferor in Party C (the “Option”). No Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to the granting of the Option by Party B to Party A and/or the Designated Persons. The “person” set forth in this clause and this Agreement means an individual person, corporation, joint venture, partnership, enterprise, trust or a non-corporation organization.

Purchase and Sale of Equity Interest. 1.1 Grant Granting of Rights Party B (the “Transferor”) hereby irrevocably grants to Party A an option to purchase or cause any one or more designated person(s) persons (“Designated Persons”) to purchase, to the extent permitted under PRC Lawlaw, according to the steps determined by Party A, at the price specified in Section Article 1.3 of this Agreement, and at any time from the Transferor Transferor, a portion or all of the equity interests held by the Transferor in Party C (the “Option”). No Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to the granting of the Option by Party B to Party A and/or the Designated Persons. The For purpose of this Section 1.1 and this Agreement, “person” set forth in this clause and this Agreement means an individual personindividual, corporation, joint venture, partnership, enterprise, trust or a non-corporation unincorporated organization.

Purchase and Sale of Equity Interest. 1.1 Grant of Rights Party B (the “Transferor”) hereby irrevocably grants to Party A an option to purchase or cause any designated person(s) person (“Designated Persons”) to purchase, to the extent permitted under PRC Law, according to the steps determined by Party A, at the price specified in Section 1.3 of this Agreement, at any time from the Transferor a portion or all of the equity interests held by Transferor in Party C (the “Option”). No Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to the granting of the Option by Party B to Party A and/or the Designated Persons. The “person” set forth in this clause and this Agreement means an individual person, corporation, joint venture, partnership, enterprise, trust or a non-corporation organization.