SKKG Sample Clauses
SKKG. SKKG hereby undertakes to the Company and Wynn International that, in accordance with, and subject to, the terms and conditions of this Agreement, including, without limitation, Sections 2.3 and 2.4, it will (i) subscribe for the SKKG Shares, and (ii) pay the SKKG Subscription Amount.
SKKG. After making payment of the SKKG Subscription Amount to the Company, SKKG shall be deemed to have contributed One Million Nine Thousand Eight Hundred Eighty-Eight Dollars ($1,009,888) to the capital of the Company.
SKKG. SKKG has ten (10) ordinary shares outstanding (i) of which eight (8) shares are legally and beneficially owned by ▇▇▇▇ ▇▇▇▇ and two (2) shares are legally and beneficially owned by Li ▇▇▇ ▇▇▇▇, and (ii) which constitute one hundred percent (100%) of the issued and outstanding capital and equity interests in SKKG.
SKKG. At the Closing, SKKG shall pay to the Company in exchange for the SKKG Shares the entire SKKG Subscription Amount, by registered or certified bank check or wire transfer of immediately available funds, to the account or accounts designated by the Company.
SKKG. At the Closing (i) the Company shall deliver to SKKG a share certificate issued in the name of SKKG representing the SKKG Shares, duly executed by the Company, and (ii) SKKG shall deliver to the Company payment of the SKKG Subscription Amount in accordance with Section 2.4(b).