The Subscription Agreements Sample Clauses
The Subscription Agreements. The Subscription Agreements have been duly authorized, executed and delivered by the Company and the Sponsors and are valid and binding agreements of the Company and the Sponsors, enforceable against the Company and the Sponsors in accordance with their terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
The Subscription Agreements. The Subscription Agreements have been duly authorized, executed and delivered by the Company, the Sponsor and each of W▇▇▇▇▇▇ ▇. ▇▇▇▇▇, C▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and M▇▇▇▇ ▇▇▇▇, and is a valid and binding agreement of the Company, the Sponsor and each of W▇▇▇▇▇▇ ▇. ▇▇▇▇▇, C▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and M▇▇▇▇ ▇▇▇▇, enforceable against the Company, the Sponsor and each of W▇▇▇▇▇▇ ▇. ▇▇▇▇▇, C▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and M▇▇▇▇ ▇▇▇▇, in accordance with their terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.
The Subscription Agreements. On 7 December 2016 (after trading hours of the Stock Exchange), Mind Light, a wholly- owned subsidiary of the Company, entered into the Subscription Agreements with the Company, AID, Benefit Sharp (as the nominee for Shanghai Ziyue), HNW Investment Fund, Maolin, Star Colour and Zhihua Investments, pursuant to which the Company, AID, Benefit Sharp (as the nominee for Shanghai Ziyue), HNW Investment Fund, Maolin, Star Colour and Zhihua Investments conditionally agreed to subscribe for, and Mind Light conditionally agreed to allot and issue, the First Tranche Subscription Shares for an aggregate consideration of HK$449,999,999. The principal terms of the Subscription Agreements are set out below: 7 December 2016 (after trading hours of the Stock Exchange)
The Subscription Agreements. The Company has the full right, power and authority to enter into each of the Subscription Agreements and to perform and to discharge its obligations hereunder and thereunder; and each of the Subscription Agreements has been duly authorized and when executed and delivered by the Company, will constitute a valid and binding obligation of the Company enforceable in accordance with its terms.