Share Sale Agreement. Date 2016 Parties
Share Sale Agreement. Article 2. Pursuant to the SSA, the Transferor sold the Share to the Transferee and the Transferee purchased the Share from the Transferor.
Share Sale Agreement. (a) If the sale of the Shares shall be made to the Nominated Party pursuant to Clause 3.2(b), the Guarantor shall, on the Closing Date, conclude the sale and purchase of the Shares with the Nominated Party pursuant to the Share Transfer Documents and the terms set forth in Schedule 1.
Share Sale Agreement. Date 16 September 2010 Parties Seller: Wing Tai Properties (China)(No.1) Limited Seller’s Guarantor: the Company Purchaser: King Noble International Limited Purchaser’s Guarantor: Hongkong Land China Holdings Limited The target company: Jumbo Broad The Purchaser is an investment holding company. To the best of the Directors’ knowledge, information and belief, having made all reasonable enquiries, the Purchaser, the Purchaser’s Guarantor and their ultimate beneficial owners are third parties independent of the Group and are not connected persons (as defined under the Listing Rules) of the Group. Assets to be disposed Jumbo Broad is owned as to 40% by the Seller and the remaining 60% by the Purchaser. The Sale Shares, being 40 shares of US$1.00 each in the capital of Jumbo Broad, representing 40% of the issued shares of Jumbo Broad. Upon Closing, the Company ceased to have any interest in Jumbo Broad. Pursuant to the Share Sale Agreement, the Seller agreed to transfer its rights and obligations under the Seller's Shareholder's Loan, being the entire amount of the shareholder’s loan owing by Jumbo Broad to the Seller as at the Closing, to the Purchaser. Consideration The aggregate consideration for the Seller’s entire interest in Jumbo Broad is US$79,479,000 (approximately HK$619,936,000) payable in cash. The parties to the Share Sale Agreement have agreed that, if the Joint Venture Group ceases in certain circumstances to be entitled to its rights or any ownership interests in any particular piece(s) of land within the Project Sites or the Joint Venture Group is the subject of a penalty over such land, the Seller will repay to the Purchaser an agreed portion of the deemed value of such land or the actual penalty incurred. Such portion is calculated on the basis of the Seller's 40% interest in Jumbo Broad and shall not exceed, in aggregate, the consideration amount. The Seller's obligations in this regard will expire 9 months from the Closing Date or, if during that 9 month period a notification is made by the relevant PRC authority of an intention to forfeit or revoke the Joint Venture Group’s rights or ownership interests in relation to such land, within 9 months of such notification. The Seller is entitled to receive from the Purchaser any interest paid under the Local Partner Loans up to US$6,181,000 (approximately HK$48,212,000). Such amount may be reduced in the event that the Purchaser’s Group agrees to reduce the principal and/or interest payable by t...
Share Sale Agreement. X. Xxxxxx agrees to sell and Xxxxx agrees to buy the Shares on the terms and conditions set out in this Agreement.
Share Sale Agreement. THIS AGREEMENT is made as of the 29th day of October, 1996 BETWEEN: THE SHAREHOLDERS OF CGGS CANADIAN GAS GATHERING SYSTEMS INC. (hereinafter called the "Vendors") CGGS CANADIAN GAS GATHERING SYSTEMS INC., a corporation incorporated under the laws of Canada (hereinafter called the "Company") ABRAXAS PETROLEUM CORPORATION, a corporation incorporated under the laws of the State of Nevada (hereinafter called "Abraxas") and CANADIAN ABRAXAS PETROLEUM LIMITED, a corporation incorporated under the laws of Canada (hereinafter called the "Purchaser")
Share Sale Agreement. 7.3 All and any stamp duty payable on the instrument(s) of transfer and Bought and Sold Notes relative to the purchase of the Sale Shares shall be borne by the Seller and the Buyer in equal share. The Buyer shall be responsible for the presentation of the contract notes and instrument(s) of transfer to the stamp duty authorities within the prescribed period for stamping and shall bear any sums payable for late presentation.
Share Sale Agreement. Date 2 October 2014
Share Sale Agreement. 6.1 The parties agree that the following substitutions and amendments be made to the Share Sale and Purchase Agreement:
Share Sale Agreement. The agreement between the Vendor and the Purchaser in clause 3.1 is subject to execution of the Share Sale Agreement between the Purchaser and the Vendor, and agreement on the form of the other Transaction Documents, on terms acceptable to both parties.
