Exchangeable Notes. Subject to satisfaction or waiver of the conditions to Closing set forth in Section 7, (a) the Acquisition Vehicle shall on the Closing Date issue the Exchangeable Notes to the Investors, and (b) the Investors shall subscribe for the Exchangeable Notes in the aggregate principal amount of the Acquisition Consideration less the Founder's Contribution (the "Principal Amount") on the Closing Date in accordance with Section 2.2.
Appears in 2 contracts
Sources: Exchangeable Notes Subscription Agreement (Yucheng Technologies LTD), Exchangeable Notes Subscription Agreement (Yucheng Technologies LTD)