Common use of Steps for Exercise Clause in Contracts

Steps for Exercise. Party A’s exercise of the Equity Option shall be subject to the provisions of the PRC laws and regulations. Party A may exercise the Equity Option by issuing a written notice to Party B (the “Equity Purchase Notice”), specifying: (a) Party A’s decision to exercise the Equity Option; (b) the amount of equity interests to be purchased from Party B (the “Purchased Equity”); and (c) the date for purchasing the Purchased Equity and/or the date for transfer of the Purchased Equity.

Steps for Exercise. Party A’s exercise of the Equity Interest Purchase Option shall be subject to the provisions of the PRC laws and regulationsregulations of PRC. Party A may exercise the Equity Interest Purchase Option by issuing a written notice to Party B (the “Equity Purchase Notice”), specifying: (a) Party A’s decision to exercise the Equity Option; (b) the amount of equity interests to be purchased from Party B (the “Purchased Equity”); and (c) the date for purchasing the Purchased Equity and/or the date for transfer of the Purchased Equity.

Steps for Exercise. Party A’s exercise of the Equity Option shall be subject Subject to the provisions of the PRC laws and regulations. , Party A may exercise the Equity Interest Purchase Option by issuing a written notice to Party B (the “Equity Interest Purchase Option Notice”), specifying: (a) Party A’s decision to exercise the Equity Interest Purchase Option; (b) the amount portion of equity interests interest to be purchased by Party A from Party B (the “Purchased EquityOptioned Interests”); and (c) the date for purchasing the Purchased Equity and/or the date for purchase/transfer of the Purchased EquityOptioned Interests.