Sale and Purchase of Quotas Sample Clauses

Sale and Purchase of Quotas. At the Closing (as defined below), Seller shall sell, assign, transfer and deliver the Quotas to Purchaser, and Purchaser shall purchase the Quotas from Seller, on the terms and subject to the conditions set forth in this Agreement.
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Sale and Purchase of Quotas. At the closing provided for in Section 2.01 (the "Closing") and upon the terms and subject to the conditions of this Agreement, the Sellers shall sell to the Buyer, and the Buyer shall purchase from the Sellers, the Company Quotas in consideration of a purchase price (the "Purchase Price") equal to: Six Million U.S. Dollars (US$6,000,000), subject to adjustments, if any, as set forth in Sections 1.02(b) and (d), payable to the Sellers as provided in Section 1.02(a) (the "Guaranteed Payment"); and the additional amounts specified in Schedule 1.01(b) attached hereto, subject to the conditions and adjustments set forth therein and in Section 1.02(d), payable to the Sellers as provided in Section 1.02(c) (the "Additional Payments"), which amounts shall be calculated by the Buyer no later than March 15, 2000 (the "Calculation Date"). The sale and purchase of the Company Quotas hereunder and the other transactions contemplated by this Agreement and the Transaction Agreements (as defined in Section 1.04) shall hereinafter be referred to collectively as the "Transactions."
Sale and Purchase of Quotas. Section 1.01 Sale and Purchase Quotas 2 Section 1.02 Payment of Purchase Price 2 Section 1.03 Delivery of Quotas 4 Section 1.04 Transaction Agreements 4 ARTICLE II
Sale and Purchase of Quotas. Subject to the terms and conditions hereof, at the Closing, each Seller will sell to the Purchaser, and the Purchaser will purchase from each Seller, the Quotas set forth opposite such Seller’s name in the column entitled “Quotas” in Schedule 1.1, for a purchase price for each Seller equal to the amount set forth opposite such Seller’s name in the column entitled “Seller Purchase Price” (the “Per Seller Purchase Price”). The aggregate purchase price to be paid by the Purchaser for all Quotas is US$103,160,000, subject to pro rata adjustment pursuant to Section 4 of the Master Agreement (the “Purchase Price”).
Sale and Purchase of Quotas. Subject to the terms and conditions hereof, at the Closing, each Seller will sell to the Purchaser, and the Purchaser will purchase from each Seller, its respective Quota, of the nominal value set forth opposite such Seller’s name in the column entitled “Nominal value of Quotas” in Schedule 1.1 for a purchase price for each Seller equal to the amount set forth opposite such Seller’s name in the column entitled “Seller Purchase Price”, subject to adjustment on a pro rata basis pursuant to Section 4 of the Master Agreement (the “Per Seller Purchase Price). The aggregate purchase price to be paid by the Purchaser for the two Quotas is $20,090,000 (the “Purchase Price”).
Sale and Purchase of Quotas. Subject to the terms and conditions hereof, at the Closing, the Seller will sell to the Purchaser, and the Purchaser will purchase from the Seller, the Quotas, for the price of USD 146,600,000, subject to adjustment pursuant to Section 4 of the Master Agreement (the “Purchase Price”).
Sale and Purchase of Quotas. On the basis of the representations and warranties and subject to the satisfaction or waiver of the conditions set forth in Article IV of this Agreement, at the Closing, the Seller shall sell to the Buyer, and the Buyer shall purchase from the Sellers, the Quotas with full title guaranty, free and clear of any Liens. In connection with such sale and purchase, the Seller shall transfer any and all Quotas held by it to the Buyer, free and clear of any Liens, for no further consideration.
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Sale and Purchase of Quotas. Upon the terms and subject to the conditions contained herein, on the date hereof, each Seller severally sells and transfers all of such Sellers’ right, title and interest in and to the Quotas owned by him/her and as specified in the chart below, and Purchaser purchases the Quotas from each Seller, for the consideration hereinafter set forth; provided, however, that Purchaser shall not make any payment for the Quotas unless and until all Quotas set forth below are delivered concurrently to Purchaser, free and clear of all Encumbrances, as provided herein. The closing of the sale and purchase of the Quotas (the “Closing” and the date of Closing referred to as “Closing Date”) shall take place concurrently with the execution and delivery of this Agreement and the effectiveness of such transfer and assignment shall retroact to July 1, 2009. Number of Quotas to Percentage Quotaholder be sold of total Xxxxxxx Xxxxxx 1,555,860 80 Xxxxxx Xxxxxx 388,965 20 Total 1,944,825 100
Sale and Purchase of Quotas 

Related to Sale and Purchase of Quotas

  • Sale and Purchase Upon the basis of the representations and warranties and subject to the terms and conditions herein set forth, the Company agrees to issue and sell Ordinary Shares in the form of Firm ADSs, and each of the Selling Securityholders agrees to sell, in each case severally and not jointly, to the respective Underwriters and each of the Underwriters, severally and not jointly, agrees to purchase the number of Firm ADSs set forth opposite the name of such Underwriter in Schedule A attached hereto, subject to adjustment in accordance with Section 11 hereof, in each case at a purchase price of $[ ] per Firm ADS. The Company and the Selling Securityholders are advised by you that the Underwriters intend (i) to make a public offering of their respective portions of the Firm ADSs as soon after the effective date of the Registration Statement as in your judgment is advisable and (ii) initially to offer the Firm ADSs upon the terms set forth in the Prospectus. You may from time to time increase or decrease the public offering price after the initial public offering to such extent as you may determine. In addition, the Company and the Selling Securityholders, in each case severally and not jointly, hereby grant to the several Underwriters the option (the “Over-Allotment Option”) to purchase, and upon the basis of the representations and warranties and subject to the terms and conditions herein set forth, the Underwriters shall have the right to purchase, severally and not jointly, from the Company Ordinary Shares in the form of Firm ADSs and the Selling Securityholders Firm ADSs, ratably in accordance with the number of Firm ADSs to be purchased by each of them, all or a portion of the Additional ADSs as may be necessary to cover over-allotments made in connection with the offering of the Firm ADSs, at the same purchase price per share to be paid by the Underwriters to the Company and the Selling Securityholders for the Firm ADSs. The Over-Allotment Option may be exercised by the Representatives on behalf of the several Underwriters at any time and from time to time on or before the thirtieth day following the date of the Prospectus, by written notice to the Company and the Selling Securityholders. Such notice shall set forth the aggregate number of Additional ADSs as to which the Over-Allotment Option is being exercised and the date and time when the Additional ADSs are to be delivered (any such date and time being herein referred to as an “additional time of purchase”); provided, however, that no additional time of purchase shall be earlier than the “time of purchase” (as defined below) nor earlier than the second business day after the date on which the Over-Allotment Option shall have been exercised nor later than the tenth business day after the date on which the Over-Allotment Option shall have been exercised. The number of Additional ADSs to be sold to each Underwriter shall be the number which bears the same proportion to the aggregate number of Additional ADSs being purchased as the number of Firm ADSs set forth opposite the name of such Underwriter on Schedule A hereto bears to the total number of Firm ADSs (subject, in each case, to such adjustment as the Representatives may determine to eliminate fractional ADSs), subject to adjustment in accordance with Section 11 hereof. [Upon any exercise of the Over-Allotment Option, the number of Additional ADSs to be purchased from the Company shall be the number which bears the same proportion to the aggregate number of Additional ADSs being purchased as [# of company Additional ADSs] bears to [# of Additional ADSs], and the number of Additional ADSs to be purchased from each Selling Securityholder shall be the number which bears the same proportion to the aggregate number of Additional ADSs being purchased as the number of Additional ADSs set forth opposite the name of such Selling Securityholder in Schedule C annexed hereto bears to [# of Additional ADSs], subject, in each case, to such adjustment as the Representatives may determine solely to eliminate fractional ADSs.] [To be updated depending on over-allotment allocation.] Pursuant to powers of attorney (the “Powers of Attorney”) granted by each Selling Securityholder (which Powers of Attorney shall be satisfactory to the Representatives), [ ] and [ ] shall act as representatives of the Selling Securityholders. Each of the foregoing representatives (collectively, the “Representatives of the Selling Securityholders”) is authorized, on behalf of each Selling Securityholder, among other things, to execute any documents necessary or desirable in connection with the sale of the Offered ADSs to be sold hereunder by such Selling Securityholder, to make delivery of the certificates of such Offered ADSs, to receive the proceeds of the sale of such Offered ADSs, to give receipts for such proceeds, to pay therefrom the expenses to be borne by such Selling Securityholder in connection with the sale and public offering of the Offered ADSs, to distribute the balance of such proceeds to such Selling Securityholder, to receive notices on behalf of such Selling Securityholder and to take such other action as may be necessary or desirable in connection with the transactions contemplated by this Agreement.

  • SALE AND PURCHASE OF NOTES Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3, Notes in the principal amount specified opposite such Purchaser’s name in Schedule A at the purchase price of 100% of the principal amount thereof. The Purchasers’ obligations hereunder are several and not joint obligations and no Purchaser shall have any liability to any Person for the performance or non-performance of any obligation by any other Purchaser hereunder.

  • Sale and Purchase of Shares Upon the terms and subject to the conditions contained herein, on the Closing Date the Seller shall sell, assign, transfer, convey and deliver to the Purchaser, and the Purchaser shall purchase from the Seller, all of the Shares.

  • Sale and Purchase of the Assets Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, the Sellers shall sell, assign, transfer, convey and deliver to Purchaser, and Purchaser shall purchase and acquire from the Sellers, free and clear of all Liens other than Permitted Exceptions, all right, title and interest of the Sellers in and to all of their respective properties, assets, Contracts and rights, of every kind and description and wherever located, related to, used in or intended for use in connection with the Business as currently conducted or currently contemplated to be conducted, other than the Excluded Assets (collectively, the “Purchased Assets”), including without limitation the following:

  • SALE AND PURCHASE OF THE SALE SHARES 2.1 On and subject to the provisions of this Agreement, at Completion the Seller shall sell, and the Purchaser shall purchase, the Sale Shares free and clear from all Encumbrances, together with all rights attaching to them as at Completion, including any right to receive dividends, distributions or any return of capital declared, made or paid with effect from Completion.

  • Sale and Purchase of Stock 1.1 Subject to the terms, provisions and conditions set forth herein, Seller hereby sells and delivers to Purchaser, and Purchaser hereby purchases and receives from Seller, the Shares, in exchange for the purchase price set forth hereinafter. Purchaser hereby acknowledges receipt of one or more stock certificates representing the Shares, duly endorsed or accompanied by duly executed stock transfer form.

  • Sale and Purchase of the Shares On the basis of the representations, warranties and agreements contained in, and subject to the terms and conditions of, this Agreement:

  • Sale and Purchase of Assets (a) The Manager shall, in accordance with instructions from the Board, supervise the sale and purchase of assets on the Company’s behalf including the completion of such transactions.

  • Sale and Purchase of the Notes Subject to the terms and conditions of this Agreement, at the Closing the Company shall issue and sell to each Investor, and each Investor shall purchase and acquire from the Company, the Notes with the applicable principal amount set forth opposite such Investor’s name under Schedule I hereto for a purchase price equal to the principal amount of the Notes (the “Purchase Price”). The obligations of each Investor to purchase its portion of the Notes are several and not joint.

  • Sale and Purchase of Equity Interest 1.1 授予权利 Option Granted 鉴于甲方向乙方支付了人民币10元作为对价,且乙方确认收到并认为该对价足够,乙方在此不可撤销地授予甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并按照本合同第1.3条所述的价格,随时一次或多次从乙方购买或指定一人或多人(“被指定人”)从乙方购买其现在和将来所持有的丙方的全部和/或部分股权(无论乙方出资额或持股比例将来是否发生变化)的一项不可撤销的专有权(“股权购买权”)。除甲方和被指定人外,任何第三人均不得享有乙方股权的购买权或其他与乙方股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本合同所规定的“人”指个人、公司、合营企业、合伙、企业、信托或任何其他经济组织。 In consideration of the payment of RMB10.00 by Party A, the receipt and adequacy of which is hereby acknowledged by Party B, Party B hereby irrevocably grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a “Designee”) to purchase the equity interests in Party C now or then held by Party B (regardless whether Party B’s capital contribution and/or percentage of shareholding is changed or not in the future) once or at multiple times at any time in part or in whole at Party A's sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the “Equity Interest Purchase Option”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term “person” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or any other type of economic entity.

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