Target Equity definition

Target Equity means, collectively, 100% of the equity interest of each Target Entity.

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Target Equity means 70% of the equity interests in the Target Company, represented by RMB533.40 million in the registered capital of the Target Company as of the date hereof.

Target Equity means 51% of the equity interests in Newco after the Target Assets and Target Businesses have been transferred to Newco.

Examples of Target Equity in a sentence

• Pursuant to this Agreement, the WFOE and/or the Designees can, upon the Exercise, obtain ownership of the Target Equity Interests free and clear of any liens, pledges, claims, other encumbrances or third party right.

• The transferee shall acquire the Target Equity for a total price of RMB 25.5 million (“Acquisition Money”) based on a valuation of RMB 50 million (post-investment valuation), which is subject to final adjustment and confirmation in accordance with Article 4 of this Agreement.

• For the avoidance of doubt, from the date on which the transferor receives the first instalment of the purchase price paid by the transferee, the transferee has obtained the shareholders’ rights and interests corresponding to the entire Target Equity (i.e. 51% equity of Zhonglian) regardless of whether the transferee has been registered as a shareholder of the company.

• Buyer may elect, in its sole discretion, to apply Section 2.6 (Purchase Price Adjustment) and related provisions, mutatis mutandis, to the acquisition of Target Equity at a Subsequent Closing.

• Within thirty (30) business days after the date on which the transferor receives the third installment of the purchase price paid by the transferee, the industrial and commercial change registration procedures for the Target Equity shall be completed, and 5 1% of the equity shall be registered in the name of the transferee with the local government.

More Definitions of Target Equity

Target Equity the 100% equity interest in the Company which is currently held by the Transferors.

Target Equity means 60% of the equity interests in the Target Company, represented by RMB180 million in the registered capital of the Target Company as of the date hereof.

Target Equity means the Healthcare Equity, the Dispensing Equity, the Security Equity, the Investco Equity, the Main Equity, the IHC Equity and the IHC GP Equity.

Target Equity means 100% equity interest of CDMTV currently held by Transferors.

Target Equity means the 15% equity interest in Party C held by Party A.

Target Equity has the meaning set forth in the introductory paragraph hereto.

Target Equity has the meaning ascribed thereto in the Recitals.