Common use of Purchase and Sale of Purchased Shares Clause in Contracts

Purchase and Sale of Purchased Shares. Subject to the terms and conditions of this Agreement, at the Closing (as defined below), Seller shall sell, convey, assign and deliver to Purchaser, and Purchaser shall purchase from Seller, the Purchased Securities and any and all rights and benefits incident to the ownership thereof (including, without limitation, accrued and unpaid dividends thereon) at a price of $4.75 per each Purchased Common Shares and $9.50 per each Purchased ADS for an aggregate purchase price of $71,949,238 (the “Purchase Price”) for the Purchased Securities, free and clear of all Encumbrances (as defined below).

Appears in 3 contracts

Samples: Share Purchase Agreement (SB Asia Investment Fund II L.P.), Share Purchase Agreement (Ma Kevin Xiaofeng), Share Purchase Agreement

AutoNDA by SimpleDocs

Purchase and Sale of Purchased Shares. Subject to the terms and conditions of this Agreement, at the Closing (as defined below), Seller shall sell, convey, assign and deliver to Purchaser, and Purchaser shall purchase from Seller, the Purchased Securities ADSs and any and all rights and benefits incident to the ownership thereof (including, without limitation, accrued and unpaid dividends thereon) at a price of $4.75 per each Purchased Common Shares and $9.50 7.50 per each Purchased ADS for an aggregate purchase price of $71,949,238 1,427,197.50 (the “Purchase Price”) for the Purchased SecuritiesADSs, free and clear of all Encumbrances (as defined below).

Appears in 1 contract

Samples: Share Purchase Agreement (Ma Kevin Xiaofeng)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.