Capital Contributor definition
Examples of Capital Contributor in a sentence
Any waiver by any of the Capital Contributor of its rights or the release or termination of this Agreement shall be effective only to the extent of such party's rights and obligations and shall not constitute a waiver by the other Capital Contributors of their rights or a release or termination of this Agreement.
In this event, the Company shall refund the Capital Increase Fund in full amount actually paid by the Additional Capital Contributor to the Additional Capital Contributor.
Where the Additional Capital Contributor fails to pay the Capital Increase Fund in full amount and on schedule before the expiration of the period agreed above in this article, the Company shall have the right to require the Additional Capital Contributor pay 25% of the total Capital Increase Fund stipulated in Article 3.1 as a liquidated damage to the Company.
If the ultimate beneficial owner of the Capital Contributor fails to complete the equity investment fund registration (if necessary) to the result that the process of the Qualified Listing of the Target Company is affected, the Capital Contributor shall take all the remedial measures to promptly complete the registration to eliminate the obstacle of the qualified Qualified Listing of the Target Group resulting therefrom.
The Target Company make covenants that all documents submitted by the Target Group for the completion of pre-closing conditions and post-closing covenants to the Capital Contributor must be provided with originals stamped with the cross-page seal by the Target Company if they are agreements.
Each Capital Contributor shall have separate rights and obligations with respect to this Agreement, and each Capital Contributor shall not be deemed to form a joint venture or other affiliated relationship by reason of the execution and performance of this Agreement.
The Capital Contributor is not affiliated with the staff of the agencies for the IPO of the Target Company and does not have any other contractual arrangement concerning the investment of the Target Company.
As of the Completion Date of Current Capital Increase, the Additional Capital Contributor shall enjoy relevant rights and bear relevant obligations as a Company shareholder based on the ratio of the registered capital it has contributed in accordance with the Laws of China and the Revised Articles of Association.
The Target Company shall, on the second working day after each Capital Contributor performs its settlement obligations, deliver to each Capital Contributor the paid in capital contribution certificate and the register of shareholders confirming that each Capital Contributor has completed its paid in capital contribution obligations, and affix the company's official seal.
After all the pre-closing conditions under Article 2.10 under this Agreement are fully met or waived by the Capital Contributor in written format, every Capital Contributor shall pay all the Subscription Price to the designated bank account by the Target Company respectively (“Closing”).