Common use of Equity Interest Purchase Price Clause in Contracts

Equity Interest Purchase Price. The purchase price of all equity interests held by Party B in Party C purchased by Party A by exercising the Equity Interest Purchase Option shall equal to the amount of registered capital contributed by Party B in Party C for such Optioned Interests (or such price may be as set forth in the equity transfer agreement to be executed between Party A (or the Designee) and Party B separately, provided that such price does not violate PRC laws and regulations and is acceptable to Party A); if Party A exercises the Equity Interest Purchase Option to purchase part of the equity interests held by Party B in Party C, the purchase price shall be calculated pro rata. If PRC law requires a minimum price higher than aforementioned price when Party A exercises Equity Interest Purchase Option, the minimum price regulated by PRC law shall be the purchase price (collectively, the “Equity Interest Purchase Price”).

Appears in 7 contracts

Samples: Exclusive Option Agreement (TCTM Kids IT Education Inc.), Exclusive Option Agreement (Yiren Digital Ltd.), Exclusive Option Agreement (Yiren Digital Ltd.)

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Equity Interest Purchase Price. The total price for the purchase price by Party A of all equity interests Optioned Interests held by Party B in Party C purchased by Party A by exercising upon exercise of the Equity Interest Purchase Option by Party A shall equal to the amount of registered capital contributed by Party B in Party C for such Optioned Interests (or such price may be as set forth in the equity transfer agreement to be executed between Party A (or the Designee) and Party B separately, provided that such price does not violate PRC laws and regulations and is acceptable to Party A); if Party A exercises the Equity Interest Purchase Option to purchase part of the equity interests Optioned Interests held by Party B in Party C, then the purchase price shall be calculated on a pro ratarata basis. If PRC law requires a minimum price higher than aforementioned price at the time when Party A exercises the Equity Interest Purchase Option, the PRC laws impose mandatory requirements on the purchase price of such Optioned Interests, such that the minimum price regulated permitted under PRC law is higher than the aforementioned price, then the purchase price shall be such minimum price permitted by PRC law shall be the purchase price (collectively, the “Equity Interest Purchase Price”).

Appears in 5 contracts

Samples: Exclusive Option Agreement (Yiren Digital Ltd.), Exclusive Option Agreement (Cheche Group Inc.), Exclusive Option Agreement (Yiren Digital Ltd.)

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