Share Transfer Price definition
Examples of Share Transfer Price in a sentence
The Parties agree that the Share Transfer Price will be paid in cash in accordance with the indication of CEEG.
The description of the Company's stock option, stock bonus and other stock plans or arrangements, and the options or other rights granted thereunder, set forth in the Prospectus accurately and fairly describes in all material respects the information required to be shown with respect to such plans, arrangements, options and rights.
For the purposes of determining the Share Transfer Price and the Shareholders Loans Transfer Price, the Defaulting Shareholder and the other Shareholder shall each cause an appraisal to be rendered of the Ship (each such appraisal being hereafter called a “Party Appraisal”) by a reputable independent shipbroker practicing in the sale and purchase of similar Ships, who shall act as experts and not as arbitrators (each an “Appraiser”).
However, the aforementioned overdue fine shall not exceed 10% of the Share Transfer Price for the share transfer.
On the second day of the date when it confirms in writing the satisfaction of the Conditions Precedent or on the second day of the expiry date of the aforesaid three-day period in case the Transferee fails to respond within such period (the “Second Batch Price Payment Date”), the Transferee shall pay 60% of the Share Transfer Price, i.
Upon execution of this Agreement, Existing Selling Shareholders shall, in written form, notify Investing Shareholders of the bank account information for receiving deposit and instalments of Share Transfer Price, including, but not limited to name of bank, account name and account number, etc.
The Transferee warrants that the fund used in the purchase comes from legal sources, and that it will perform the obligation of paying the Share Transfer Price to the Transferee in strict compliance with the timing and manner as provided under this Agreement.
In the event the Option is exercised, then, within Thirty (30) working days after the Promise being exercised, the Beneficiary shall be required to make a payment to the Promisor of the Share Transfer Price stipulated in Article 5, by bank transfer in accordance to the Beneficiary instruction, in exchange for a share transfer document authorizing the Beneficiary to register said transfer in the Company share register, duly signed by the Promisor.
Initial payment: within two working days after the date on which this agreement comes into effect and all the conditions precedent for completion of this agreement are satisfied, Party B agrees to unconditionally pay 20% of the total Share Transfer Price (i.e., RMB70,045,059.54) to the designated account of Party A in a sufficient amount.
After this agreement comes into effect, if Party B has fulfilled the necessary cooperation obligations and Party A fails to complete the procedures for the transfer of the Underlying Shares as scheduled according to the agreement, Party A shall pay 0.05% of the Share Transfer Price for the share transfer to Party B as overdue fine for each day of delay until the date of completion of the transfer.