Xunlei definition
Examples of Xunlei in a sentence
Except as contemplated under the Transaction Documents, and to the best knowledge of the Investor, as of the date of this Agreement, there are no (i) resolutions to increase or adjust the share capital of Xunlei or cause the liquidation, winding up, or dissolution of Xunlei, or (ii) dividends which have accrued or been declared but are unpaid by Xunlei, or (iii) outstanding or authorized equity appreciation, phantom equity, equity plans or similar rights with respect to Xunlei.
The Warrantors covenant that each agreement to be entered into by and between Xunlei Games and other Group Companies after the Closing will be made on an arm’s length basis, and that at the request of any Investor, the applicable Group Companies shall make such agreements available to such Investor for inspection.
Primavera shall be entitled to appoint one (1) director to the board of directors of Shenzhen Xunlei for so long as Primavera is entitled to appoint the Series D Director.
The Warrantors shall cause the Kingsoft Director to be appointed as the members of the board of the HK Co., WFOE, Shenzhen Xunlei and Xunlei Computer, and take all necessary actions, execute all necessary documents and make all necessary governmental filings to enable the Kingsoft Director to become directors of such Group Companies within sixty (60) Business Days of the Closing.
The borrower is a current registered shareholder of Shenzhen Xunlei and holds 28% equity interest in Shenzhen Xunlei.
The parties hereto hereby agree, the consideration for the Purchased Shares shall be the number of Common Shares of Xunlei held by the Investor set forth on Schedule II attached hereto (collectively, the “Consideration Shares”).
With thirty (30) days from the Closing, Shenzhen Xunlei shall, and shall cause its shareholders to, enter into an option agreement (the “Option Agreement”) containing substantially the same terms and conditions as those in the option agreement (the “Chunhua Agreement”) dated as of December 24, 2012 by and among Chunhua (Tianjin) Equity Investment Management Co., Ltd.
The Pledgors shall record the registration of pledge on the register of shareholders of Shenzhen Xunlei and provide corresponding certificate for completion of such pledge registration to the Pledgee on the date hereof.
If the Pledgors make additional capital injection into, or increase the holding of any part of, the registered capital of Shenzhen Xunlei following the execution of this Contract, the additionally injected capital or newly held part of the registered capital shall be governed by this Contract.
Notwithstanding this Section 8.12, the Management Founder and Key Employees are not prohibited from taking directorship, senior management and/or officer positions of Xunlei, for so long as any the Company remains interested in 35% or more of voting power in Xunlei.