Common use of Delivery by the Purchasers Clause in Contracts

Delivery by the Purchasers. At the Closing, in addition to those items the delivery of which is made an express closing condition under Section 7, (a) Kingsoft shall pay the Kingsoft Purchase Price, and (b) the Liyue Investor shall pay the Liyue Purchase Price, in each case by wire transfer of immediately available funds in U.S. dollars to an account designated by the Company. If any portion of the Purchase Price is to be paid by a currency other than U.S. dollar, the exchange rate between such currency and U.S. dollar shall be the selling rate of U.S. dollar quoted by Bank of China at 9:00 a.m. on the Closing Date.

Appears in 4 contracts

Samples: Share Purchase Agreement (Kingsoft Cloud Holdings LTD), Share Purchase Agreement (Kingsoft Cloud Holdings LTD), Share Purchase Agreement (Kingsoft Cloud Holdings LTD)

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Delivery by the Purchasers. At the Closing, in addition to those items the delivery of which is made an express closing condition under Section 7, (a) Kingsoft shall pay the Kingsoft Purchase Price, and (b) the Liyue Shunwei Investor shall pay the Liyue Shunwei Purchase Price, in each case by wire transfer of immediately available funds in U.S. dollars to an account designated by the Company. If any portion of the Purchase Price is to be paid by a currency other than U.S. dollar, the exchange rate between such currency and U.S. dollar shall be the selling rate of U.S. dollar quoted by Bank of China at 9:00 a.m. on the Closing Date.

Appears in 2 contracts

Samples: Share Purchase Agreement (Kingsoft Cloud Holdings LTD), Share Purchase Agreement (Kingsoft Cloud Holdings LTD)

Delivery by the Purchasers. At the Closing, in addition to those items the delivery of which is made an express closing condition under Section 7, (a) Kingsoft shall pay the Kingsoft Purchase Price, and (b) the Liyue Minsheng Investor shall pay the Liyue corresponding portion of Minsheng Purchase Price, if applicable, in each case by wire transfer of immediately available funds in U.S. dollars to an account designated by the Company. If any portion of the Purchase Price is to be paid by a currency other than U.S. dollar, the exchange rate between such currency and U.S. dollar shall be the selling rate of U.S. dollar quoted by Bank of China at 9:00 a.m. on the Closing Date.

Appears in 2 contracts

Samples: Share Purchase Agreement (Kingsoft Cloud Holdings LTD), Share Purchase Agreement (Kingsoft Cloud Holdings LTD)

Delivery by the Purchasers. At the Closing, in addition to those items the delivery of which is made an express closing condition under Section 7, (a) Kingsoft shall pay the Kingsoft Purchase Price, and (b) the Liyue Investor FutureX Capital shall pay the Liyue FutureX Purchase Price, in each case by wire transfer of immediately available funds in U.S. dollars to an account designated by the Company. If any portion of the Purchase Price is to be paid by a currency other than U.S. dollar, the exchange rate between such currency and U.S. dollar shall be the selling rate of U.S. dollar quoted by Bank of China at 9:00 a.m. on the Closing Date.

Appears in 2 contracts

Samples: Share Purchase Agreement (Kingsoft Cloud Holdings LTD), Share Purchase Agreement (Kingsoft Cloud Holdings LTD)

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Delivery by the Purchasers. At the Closing, in addition to those items the delivery of which is made an express closing condition under Section 7, (a) Kingsoft shall pay the Kingsoft Purchase Price, and (b) the Liyue GY Investor shall pay the Liyue GY Purchase Price, in each case by wire transfer of immediately available funds in U.S. dollars to an account designated by the Company. If any portion of the Purchase Price is to be paid by a currency other than U.S. dollar, the exchange rate between such currency and U.S. dollar shall be the selling rate of U.S. dollar quoted by Bank of China at 9:00 a.m. on the Closing Date.

Appears in 2 contracts

Samples: Share Purchase Agreement (Kingsoft Cloud Holdings LTD), Share Purchase Agreement (Kingsoft Cloud Holdings LTD)

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