Transition Period Arrangement. During the Transition Period, the Sellers and the Purchasers agreed to be subject to, including but not limited to, the following arrangements:
Transition Period Arrangement. If the Closing takes place within 120 days from the Reference Date (the “Cut-off Date”), the profit and loss incurred by the Target Companies shall be accrued for the benefit of or borne by the Purchaser and the remaining shareholder of the Target Companies after the Closing (if applicable) based on their respective equity interest held in the Target Companies after the Closing. In the event that the Closing fails to take place within the Cut-off Date, the Sellers and the Purchaser agreed to separately negotiate the attribution of profit and loss of the Target Companies after the Cut-off Date as determined by the number of days for which the Closing was delayed. The parties shall complete the closing audit within 10 Business Days upon the Closing Date and the actual profit and loss incurred by the Target Companies which shall be accrued for the benefit of or borne by the Purchaser and the remaining shareholder of the Target Companies (if applicable) during the Transition Period shall be determined by the Closing Audit Report.
Transition Period Arrangement. 10.1 The transition period hereunder refers to the period from the Execution Date to the Closing Date.
Transition Period Arrangement. 8.1 The transition period hereunder refers to the period from the Execution Date to the date of the Closing. During the transition period, Party B shall ensure that Party A have the following rights with respect to the Company:
Transition Period Arrangement. The period of the date from this agreement come into force to the date of settlement is the period for the transfer shares. During the transitional period:
Transition Period Arrangement. 1. During the transition period, Party B shall not procure or permit MTU Co. to make any distribution in cash or in kind.
