Transfer of Shares definition

Transfer of Shares means, when WFOE exercises its Stock Option (the “Exercise”), the shares of Shanghai Xinwan of which it has the right to request the Existing Shareholder to transfer to WFOE or its designated entity or individual pursuant to Article 3.2 of this Agreement. The amount may be part or all of the Option Stock. The specific amount shall be decided by WFOE at is absolute discretion according to PRC Law and its business considerations at the time.

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Transfer of Shares means any assignment, pledge, conveyance, sale, transfer, mortgage, encumbrance, grant of a security interest, issuance of a participation interest, or other disposition, either directly or indirectly, by operation of law or otherwise of the Shares.

Transfer of Shares means subscription of shares in the name of the shareholder in the book of shareholders maintained by the Central Securities Depository regardless of the grounds on which they are acquired;

Examples of Transfer of Shares in a sentence

Any attempted Transfer of Shares or any interest therein in violation of this Section 5 shall be null and void.
If any Transfer of Shares or Non-Transfer Event occurs which, if effective, would result in any Person Beneficially Owning or Constructively Owning Shares in violation of ‎Section 13.2(a)(i) or (ii).
Any Transfer of Shares permitted under this Section 9.1(a) will be effected in accordance with the provisions of Section 6.8 hereof.
Shareholders will have the redemption rights set out in the “Redemption, Conversion and Transfer of Shares – Redemption of Shares” section of the Prospectus and the “Redemption of Shares” section of the relevant Supplement.
Any Transfer, or purported Transfer, of Shares in breach or violation of this Agreement shall be void and of no force or effect, other than a Transfer to Merger Sub (or Parent on Merger Sub’s behalf) pursuant to the Offer.
The foregoing notwithstanding, a Transfer of Shares may not be made to a transferee described in clauses (i) or (ii) of the preceding sentence unless the transferee agrees to be bound by the terms of this Agreement applicable to Vested Shares, and in the case of a Transfer described in clauses (iii) and (iv), the shares received in exchange for the Shares will remain subject to this Agreement and treated as “Shares” hereunder.
Any attempted Transfer of Shares not permitted under the terms of this Section 3 shall be null and void, and the Company shall not in any way give effect to any such impermissible Transfer.
Any Transfer of Shares in violation of this Section 1(b) shall be null and void.
Any Transfer (other than a Permitted Transfer), or purported Transfer (other than a Permitted Transfer), of Shares in breach or violation of this Agreement shall be void and of no force or effect.
Any Transfer of Shares which violates the terms of the Award Agreement or this Agreement shall be voidable by the Company, and neither the Company nor its transfer agent shall permit such transfer to be made on the stock records of the Company.

More Definitions of Transfer of Shares

Transfer of Shares has the meaning set forth in Section 9.1 of this Agreement.

Transfer of Shares means disposition of, sale, transfer, exchange, donation, assignment, capital divestiture, constitution of liens, collateral, right or lien of any nature and/or in-depth analysis of all remedies, chattel mortgage, usufruct or trust, disposition, cancellation or replacement of Bound Shares, in any way, directly or indirectly, free-of-charge or against payment, or any other act or legal business resulting in the direct or indirect transfer of ownership and/or rights relating to the Bound Shares, including, but not limited to, those performed by merger, spin-off or consolidation, as well as through exchange of shares or quotas. "BM&FBOVESPA" means BM&FBOVESPA S.A. – Bolsa de Valores, Mercadorias e Futuros.

Transfer of Shares as stated in these Procedures means the new shares transferred to other companies after issuance according to the Company Act.

Transfer of Shares means sale, assignment, endorsement, pledge or other transfer of shares held by a shareholder of the Company, directly or indirectly, whether through voluntary or involuntary transfer, whether for or without consideration.

Transfer of Shares the transfer of the Target Shares held by Party A to Party B in accordance with the law.

Transfer of Shares. As additional consideration for the Vendors to enter into this Agreement the Principal Shareholder has agreed to sell and transfer to each of the vendors, at closing, 2,5000,000 common shares of the Purchaser (the " Shares") at and for a purchase price of $0.001 per Share.