Common use of Sale and Closing Clause in Contracts

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 ordinary shares, market price US$1.5 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

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Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 25,000 ordinary shares, market price of US$1.5 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 37,500 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 200,000 ordinary shares, market price of US$1.5 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 300,000 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 122,640 ordinary shares, market price US$1.5 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 183,960 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 2,462,164 ordinary sharesshares of the Company, market par value $0.0001 per share, at a purchase price of US$1.5 3.64 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 8,416,276.96 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 16,031,890 ordinary shares, market price par value US$1.5 0.001 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 16,031.89 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Hooi Pheng Ang)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 112,000 ordinary shares, market price of US$1.5 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 168,000 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 70,000 ordinary shares, market price US$1.5 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 105,000 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller Xxxxxx agrees to sell an aggregate of 42,000 12,296,304 ordinary shares, market price par value US$1.5 0.001 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 12,296.304 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Hooi Pheng Ang)

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Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 56,000 ordinary shares, market price of US$1.5 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 84,000 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 243620 ordinary shares, market price US$1.5 US$ 2 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 US$ 487240 in cash payment (the ‘‘Purchase Price’’). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to .to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (Liu Limin)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 280,000 ordinary shares, market price of US$1.5 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 420,000 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 174,000 ordinary shares, market price of US$1.5 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 261,000 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

Sale and Closing. On the terms and subject to the conditions set forth in this Agreement, Seller agrees to sell an aggregate of 42,000 350,000 ordinary shares, market price US$1.5 of the Company (the “Shares”) and the Buyer agree to pay the Seller an aggregate of US$63,000 525,000 in cash payment (the “Purchase Price”). The closing of the purchase and sale of the Shares (the “Closing”) shall take place on the Effective Date. At the Closing, Seller shall instruct the Company and/or its transfer agent to deliver certificate representing the Shares to Buyer. At the Closing, Buyer shall deliver the Purchase Price, by check or wire transfer of immediately available fund, to the Seller.

Appears in 1 contract

Samples: Share Purchase Agreement (CYN Cherish Capital LTD)

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