Common use of Steps for Exercise Clause in Contracts

Steps for Exercise. Party A’s exercise of the Equity Interest Purchase Option shall be subject to compliance with the provisions of PRC Laws and Regulations. Party A may exercise the Equity Interest Purchase Option upon giving a written notice to Party B (the “Equity Interest Purchase Option Notice”), specifying: (a) Party A’s or the Designee’s decision to exercise the Equity Interest Purchase Option; (b) the portion of equity interests to be purchased by Party A or the Designee(s) from Party B (the “Purchased Equity Interest”); and (c) the date for purchasing the Purchased Equity Interest and/or the date for transfer of the Purchased Equity Interest. After receiving the Equity Interest Purchase Option Notice, Party B shall, in accordance with Section 1.4 hereof, transfer all of the Purchased Equity Interest to Party A and/or the Designee(s).

Steps for Exercise. ​ Party A’s A shall exercise of its Equity Interest Purchase Option subject to the PRC laws and regulations. When Party A exercises the Equity Interest Purchase Option shall be subject to compliance with the provisions of PRC Laws and Regulations. Party A may exercise the Equity Interest Purchase Option upon giving Option, a written notice shall be issued to Party B the Existing Shareholders (the “Equity Interest Purchase Option Notice”), specifying: (a) Party A’s or the Designee’s decision to exercise the Equity Interest Purchase Option; (b) the portion of equity interests to be purchased by Party A or the Designee(s) Designee from Party B the Existing Shareholders (the “Purchased Equity InterestOptioned Interests”); and (c) the date for purchasing the Purchased Equity Interest and/or Optioned Interests or the date for the transfer of the Purchased Equity InterestOptioned Interests. After receiving Upon receipt of the Equity Interest Purchase Option Notice, Party B shall, in accordance with Section 1.4 hereof, the Existing Shareholders shall transfer all of the Purchased Equity Interest Optioned Interests to Party A and/or the Designee(s)Designee as set forth in Article 1.4 hereof.

Steps for Exercise. ​ ​ Party A’s A shall exercise of its Equity Interest Purchase Option subject to the PRC laws and regulations. When Party A exercises the Equity Interest Purchase Option shall be subject to compliance with the provisions of PRC Laws and Regulations. Party A may exercise the Equity Interest Purchase Option upon giving Option, a written notice shall be issued to Party B the Existing Shareholders (the “Equity Interest Purchase Option Notice”), specifying: (a) Party A’s or the Designee’s decision to exercise the Equity Interest Purchase Option; (b) the portion of equity interests to be purchased by Party A or the Designee(s) Designee from Party B the Existing Shareholders (the “Purchased Equity InterestOptioned Interests”); and (c) the date for purchasing the Purchased Equity Interest and/or Optioned Interests or the date for the transfer of the Purchased Equity InterestOptioned Interests. After receiving Upon receipt of the Equity Interest Purchase Option Notice, Party B shall, in accordance with Section 1.4 hereof, the Existing Shareholders shall transfer all of the Purchased Equity Interest Optioned Interests to Party A and/or the Designee(s)Designee as set forth in Article 1.4 hereof.

Steps for Exercise. Party A’s A shall exercise of its Equity Interest Purchase Option subject to the PRC laws and regulations. When Party A exercises the Equity Interest Purchase Option shall be subject to compliance with the provisions of PRC Laws and Regulations. Party A may exercise the Equity Interest Purchase Option upon giving Option, a written notice shall be issued to Party B the ​ ​ Existing Shareholders (the “Equity Interest Purchase Option Notice”), specifying: (a) Party A’s or the Designee’s decision to exercise the Equity Interest Purchase Option; (b) the portion of equity interests to be purchased by Party A or the Designee(s) Designee from Party B the Existing Shareholders (the “Purchased Equity InterestOptioned Interests”); and (c) the date for purchasing the Purchased Equity Interest and/or Optioned Interests or the date for the transfer of the Purchased Equity InterestOptioned Interests. After receiving Upon receipt of the Equity Interest Purchase Option Notice, Party B shall, in accordance with Section 1.4 hereof, the Existing Shareholders shall transfer all of the Purchased Equity Interest Optioned Interests to Party A and/or the Designee(s)Designee as set forth in Article 1.4 hereof.