Examples of Share Purchase Agreement in a sentence
This Agreement should only take effect and become binding on and enforceable against the parties hereto subject to and upon the Closing of the Series C2 Share Purchase Agreement, the date on which the Closing takes effect being referred to as the “Effective Date”.
Under the Share Purchase Agreement, the consideration for the Sale Shares will be HK$1.00 to be settled in cash, and the consideration for the Sale Loan is all the Notes to be received by the Purchaser under the Exchange Offers and the minimum principal amount of all such Notes shall be US$800,000,000 (equivalent to approximately HK$6,246,960,000).
Capitalized terms used but not otherwise defined in this Agreement shall have the meanings given to them in the Series C2 Share Purchase Agreement.
Each Investors hereby waives its claim, right and remedy against any Executive Covenantors and Non-Executive Covenantors’ failure to timely fulfill the covenants as set forth in Sections 7.27 and Section 7.28 of the Series B Share Purchase Agreement.
The Series Angel Investors and the Series Seed Investor hereby waive any and all claims they may have against the Group Companies or the Founder Parties for the failure of the Group Companies or the Founder Parties to complete the relevant obligations as set forth in Section 2.5 and Section 7 under the Series Angel Share Purchase Agreement.