Purchase and Sale of Equity. 1.1 Grant of Rights Party B hereby irrevocably grants Party A, to the extent permitted by the laws of the People’s Republic of China (the “PRC”), an irrevocable and exclusive option to purchase all or part of equity of Party C held by Party B by itself or one or several persons it designates (“Designee”) from Party B at any time, once or more times, per the exercise steps at Party A’s sole discretion and at the price set forth in Article 1.3 hereof (“Equity Call Option”). No third person other than Party A and the Designee may enjoy the Equity Call Option or other rights related to the equity held by Party B. Party C hereby agrees that Party B grants the Equity Call Option to Party A. For the purpose of this clause and this Agreement, a “Person” refers to any individual, corporation, joint venture, partnership, enterprise, trust or unincorporated organization.
Purchase and Sale of Equity. 1.1 Grant of rights Party B hereby irrevocably grants to Party A an irrevocable exclusive right (the Equity Purchase Right) to purchase from Party B or designate a person or any persons (the Designated Person(s)) to purchase from Party B all or any part of the equity held by Party B (whether there will be any change to Party B’s capital contribution or shareholding percentage in the future) for one or more times at any time, at the price as agreed in Clause 1.3 hereof, by taking the exercise steps as determined at the discretion of Party A, to the extent permitted by the laws of China. Except Party A and the Designated Person(s), no third person may be entitled to the Equity Purchase Right or any rights in relation to Party B’s equity. Party C hereby agrees that Party A will grant the Equity Purchase Right to Party B. Persons as provided for in this Clause and the Contract shall refer to individuals, companies, joint ventures, partnerships, enterprises, trusts or non-company organizations.
Purchase and Sale of Equity. Each of Buyer and Seller hereby agrees that, upon the terms and subject to the satisfaction or, if permissible, waiver of the conditions set forth in ARTICLE VI, at the Closing, Buyer shall purchase from the Equity Seller, and Seller shall cause the Equity Seller to sell, transfer, assign and deliver to Buyer or an Affiliate of Buyer, all of the Equity Seller’s right, title and interest in and to the Equity, free and clear of all Encumbrances (other than restrictions on transfer under applicable securities Laws).
Purchase and Sale of Equity. At the Closing, subject to the terms and conditions set forth in this Agreement, Seller shall sell, convey, transfer, assign and deliver to Buyer, and Buyer shall purchase and acquire from Seller, all of Seller’s right, title and interest in and to all of the Membership Interests of the Company, free and clear of all Liens (other than any Liens permitted by Buyer and any restrictions on transfer under federal and state securities Laws). Section 1.02
Purchase and Sale of Equity. (a) Acquirors and Seller hereby agree that, upon the terms and subject to the satisfaction or waiver, if permissible, of the conditions hereof, at the Closing, Buyer shall purchase from Transferors, and, as applicable, Seller shall, and shall cause RCI Europe to, sell, transfer, assign and deliver to Buyer (in the case of the Shares with full title guarantee), all of the Equity held by Transferors, free and clear of Encumbrances and with all rights attached thereto.
Purchase and Sale of Equity. Subject to the terms and conditions set forth in this Agreement, each Equityholder agrees to sell to Xxxx.xxx, and Xxxx.xxx agrees to purchase from each Equityholder, at the Closing, all of the Equity set forth next to such Equityholder’s name on Exhibit A, which, together, constitute 100-percent of the outstanding ownership interests in the Company, free and clear of any Liens, in exchange for the payment of the portion of the Purchase Price set forth next to the Equityholder’s name on Exhibit A.
Purchase and Sale of Equity. 1.1 Granting rights
Purchase and Sale of Equity. Section 2.1 Purchase and Sale of Equity 16 Section 2.2 Closing 17 Section 2.3 Closing Consideration Adjustment 19
Purchase and Sale of Equity. On the terms and subject to the conditions of this Agreement, at the Closing:
Purchase and Sale of Equity. Upon the terms and subject to the conditions set forth in this Agreement, the Seller agrees to sell, assign, transfer, convey and deliver to the Purchaser at Closing, and the Purchaser agrees to purchase, assume and accept delivery from the Seller at Closing, the Seller’s right, title and interest in and to the Seller Equity, free and clear of all Liens, in exchange for the Closing Date Purchase Price (to be paid to one or more bank accounts that were designated in writing by the Seller prior to the date hereof) and any Milestone Payment (to be paid in accordance with Section 2.4(e)).
