Common use of The Second Payment Clause in Contracts

The Second Payment. Subject to the satisfaction or waiver of all conditions specified in Section 7 hereof, the Purchaser shall pay RMB195,000,000 or equivalent US Dollars or HK Dollars to the Existing Shareholder;

Appears in 1 contract

Sources: Share Transfer Agreement (Chinacast Education Corp)

The Second Payment. Subject to the satisfaction or waiver of all conditions specified in Section 7 hereof, the Purchaser shall pay RMB195,000,000 RMB310,000,000 or equivalent US Dollars or HK Dollars to the Existing ShareholderShareholder within ten (10) Business Days after the Closing;

Appears in 1 contract

Sources: Share Transfer Agreement (Chinacast Education Corp)