Common use of Exercise Steps Clause in Contracts

Exercise Steps. Subject to the PRC laws and regulations, the WFOE may exercise the Call Option by issuing a written notice (“Equity Purchase Notice”) to the Existing Shareholders specifying the following matters: (a) the WFOE’s decision on exercise of the Call Option; (b) the amount of equity interest (“Target Equity”) which the WFOE proposes to purchase from the Existing Shareholders; and (c) the date of purchase/date of transfer of equity.

Appears in 5 contracts

Samples: Exclusive Call Option Agreement (X Financial), Exclusive Call Option Agreement (X Financial), Exclusive Call Option Agreement (X Financial)

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Exercise Steps. Subject to the PRC laws and regulations, the WFOE may exercise the Call Option by issuing a written notice (“Equity Purchase Notice”) to the Existing Shareholders Shareholder specifying the following matters: (a) the WFOE’s decision on exercise of the Call Option; (b) the amount of equity interest (“Target Equity”) which the WFOE proposes to purchase from the Existing ShareholdersShareholder; and (c) the date of purchase/date of transfer of equity.

Appears in 2 contracts

Samples: Exclusive Call Option Agreement (X Financial), Exclusive Call Option Agreement (X Financial)

Exercise Steps. Subject to the PRC laws and regulations, the WFOE may shall exercise the Call Option by issuing a written notice (“Equity Purchase Notice”) to the Existing Shareholders specifying the following matters: (a) the WFOE’s decision on exercise of the Call Option; (b) the identity information of the Designee authorized by the WFOE (in the case where the Designee exercises all or part of the Call Option); (c) the amount of equity interest (“Target Equity”) which the WFOE proposes to purchase from the Existing Shareholders; and (cd) the date of purchase/date of transfer of equity.

Appears in 1 contract

Samples: Exclusive Option Agreement (Futu Holdings LTD)

Exercise Steps. Subject to the PRC laws and regulations, the WFOE may exercise the Call Option by issuing a written notice ("Equity Purchase Notice") to the Existing Shareholders specifying the following matters: (a) the WFOE’s 's decision on exercise of the Call Option; (b) the amount of equity interest ("Target Equity") which the WFOE proposes to purchase from the Existing Shareholders; and (c) the date of purchase/date of transfer of equity.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (X Financial)

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Exercise Steps. Subject to the PRC laws and regulations, the WFOE may exercise the Call Option by issuing a written notice ("Equity Purchase Notice") to the Existing Shareholders Shareholder specifying the following matters: (a) the WFOE’s 's decision on exercise of the Call Option; (b) the amount of equity interest ("Target Equity") which the WFOE proposes to purchase from the Existing ShareholdersShareholder; and (c) the date of purchase/date of transfer of equity.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (X Financial)

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