Common use of Exercise of the Call Option Clause in Contracts

Exercise of the Call Option. 4.1 Party A and/or any third party designated by Party A shall have the right to exercise the Call Option in any way permitted by law at any time within the term of the Call Option upon effectiveness of this Agreement. 4.2 During the term of this Agreement, Party A and/or any third party designated by Party A may exercise the Call Option in whole or part in order to obtain any or all of the equity interest for which it has the right to subscribe hereunder at one or more times. 4.3 Party A shall exercise the Call Option by delivering a subscription notice to Party B (see the form and substance of such notice in Appendix 1). Party B shall transfer to Party A and/or any third party designated by Party A the corresponding Equity in IValley as specified in the subscription notice. 4.4 Party B shall complete all procedures required for Party A and/or any third party designated by Party A to obtain the Equity in IValley and become a lawful shareholder of IValley within sixty (60) days after Party A and/or any third party designated by Party A sends the subscription notice for the exercise of the Call Option, including without limitation, adopting any necessary resolution, providing or causing or facilitating IValley to provide all necessary documents, and causing and helping IValley to obtain approvals from competent government authorities for the change of equity and handle all relevant procedures in the event that IValley is converted to a foreign-invested company due to the exercise of the Call Option.

Exercise of the Call Option. 4.1 Party A and/or any third party designated by Party A shall have the right to exercise the Call Option in any way permitted by law at any time within the term of the Call Option upon effectiveness of this Agreement. 4.2 During the term of this Agreement, Party A and/or any third party designated by Party A may exercise the Call Option in whole or part in order to obtain any or all of the equity interest for which it has the right to subscribe hereunder at one or more times. 4.3 Party A shall exercise the Call Option by delivering a subscription notice to Party B (see the form and substance of such notice in Appendix 1). Party B shall transfer to Party A and/or any third party designated by Party A the corresponding Equity in IValley Ambow Sihua as specified in the subscription notice. 4.4 Party B shall complete all procedures required for Party A and/or any third party designated by Party A to obtain the Equity in IValley Ambow Sihua and become a lawful shareholder of IValley Ambow Sihua within sixty (60) days after Party A and/or any third party designated by Party A sends the subscription notice for the exercise of the Call Option, including without limitation, adopting any necessary resolution, providing or causing or facilitating IValley Ambow Sihua to provide all necessary documents, and causing and helping IValley Ambow Sihua to obtain approvals from competent government authorities for the change of equity and handle all relevant procedures in the event that IValley Ambow Sihua is converted to a foreign-invested company due to the exercise of the Call Option.

Exercise of the Call Option. 4.1 Party A and/or any third party designated by Party A shall have the right to exercise the Call Option in any way permitted by law at any time within the term of the Call Option upon effectiveness of this Agreement. 4.2 During the term of this Agreement, Party A and/or any third party designated by Party A may exercise the Call Option in whole or part in order to obtain any or all of the equity interest for which it has the right to subscribe hereunder at one or more times. 4.3 Party A shall exercise the Call Option by delivering a subscription notice to Party B (see the form and substance of such notice in Appendix 1). Party B shall transfer to Party A and/or any third party designated by Party A the corresponding Equity in IValley Ambow Zhixin as specified in the subscription notice. 4.4 Party B shall complete all procedures required for Party A and/or any third party designated by Party A to obtain the Equity in IValley Ambow Zhixin and become a lawful shareholder of IValley Ambow Zhixin within sixty (60) days after Party A and/or any third party designated by Party A sends the subscription notice for the exercise of the Call Option, including without limitation, adopting any necessary resolution, providing or causing or facilitating IValley Ambow Zhixin to provide all necessary documents, and causing and helping IValley Ambow Zhixin to obtain approvals from competent government authorities for the change of equity and handle all relevant procedures in the event that IValley Ambow Zhixin is converted to a foreign-invested company due to the exercise of the Call Option.

Exercise of the Call Option. 4.1 Party A and/or any third party designated by Party A shall have the right to exercise the Call Option in any way permitted by law at any time within the term of the Call Option upon effectiveness of this Agreement. 4.2 During the term of this Agreement, Party A and/or any third party designated by Party A may exercise the Call Option in whole or part in order to obtain any or all of the equity interest for which it has the right to subscribe hereunder at one or more times. 4.3 Party A shall exercise the Call Option by delivering a subscription notice to Party B (see the form and substance of such notice in Appendix 1). Party B shall transfer to Party A and/or any third party designated by Party A the corresponding Equity in IValley Ambow Shida as specified in the subscription notice. 4.4 Party B shall complete all procedures required for Party A and/or any third party designated by Party A to obtain the Equity in IValley Ambow Shida and become a lawful shareholder of IValley Ambow Shida within sixty (60) days after Party A and/or any third party designated by Party A sends the subscription notice for the exercise of the Call Option, including without limitation, adopting any necessary resolution, providing or causing or facilitating IValley Ambow Shida to provide all necessary documents, and causing and helping IValley Ambow Shida to obtain approvals from competent government authorities for the change of equity and handle all relevant procedures in the event that IValley Ambow Shida is converted to a foreign-invested company due to the exercise of the Call Option.

Exercise of the Call Option. 4.1 Party A and/or any third party designated by Party A shall have the right to exercise the Call Option in any way permitted by law at any time within the term of the Call Option upon effectiveness of this Agreement. 4.2 During the term of this Agreement, Party A and/or any third party designated by Party A may exercise the Call Option in whole or part in order to obtain any or all of the equity interest for which it has the right to subscribe hereunder at one or more times. 4.3 Party A shall exercise the Call Option by delivering a subscription notice to Party B (see the form and substance of such notice in Appendix 1). Party B shall transfer to Party A and/or any third party designated by Party A the corresponding Equity in IValley Shida Ambow as specified in the subscription notice. 4.4 Party B shall complete all procedures required for Party A and/or any third party designated by Party A to obtain the Equity in IValley Shida Ambow and become a lawful shareholder of IValley Shida Ambow within sixty (60) days after Party A and/or any third party designated by Party A sends the subscription notice for the exercise of the Call Option, including without limitation, adopting any necessary resolution, providing or causing or facilitating IValley Shida Ambow to provide all necessary documents, and causing and helping IValley Shida Ambow to obtain approvals from competent government authorities for the change of equity and handle all relevant procedures in the event that IValley Shida Ambow is converted to a foreign-invested company due to the exercise of the Call Option.

Exercise of the Call Option. 4.1 Party A and/or any third party designated by Party A shall have the right to exercise the Call Option in any way permitted by law at any time within the term of the Call Option upon effectiveness of this Agreement. 4.2 During the term of this Agreement, Party A and/or any third party designated by Party A may exercise the Call Option in whole or part in order to obtain any or all of the equity interest for which it has the right to subscribe hereunder at one or more times. 4.3 Party A shall exercise the Call Option by delivering a subscription notice to Party B (see the form and substance of such notice in Appendix 1). Party B shall transfer to Party A and/or any third party designated by Party A the corresponding Equity in IValley Ambow Rongye as specified in the subscription notice. 4.4 Party B shall complete all procedures required for Party A and/or any third party designated by Party A to obtain the Equity in IValley Ambow Rongye and become a lawful shareholder of IValley Ambow Rongye within sixty (60) days after Party A and/or any third party designated by Party A sends the subscription notice for the exercise of the Call Option, including without limitation, adopting any necessary resolution, providing or causing or facilitating IValley Ambow Rongye to provide all necessary documents, and causing and helping IValley Ambow Rongye to obtain approvals from competent government authorities for the change of equity and handle all relevant procedures in the event that IValley Ambow Rongye is converted to a foreign-invested company due to the exercise of the Call Option.

Exercise of the Call Option. 4.1 Party A and/or any third party designated by Party A shall have the right to exercise the Call Option in any way permitted by law at any time within the term of the Call Option upon effectiveness of this Agreement. 4.2 During the term of this Agreement, Party A and/or any third party designated by Party A may exercise the Call Option in whole or part in order to obtain any or all of the equity interest for which it has the right to subscribe hereunder at one or more times. 4.3 Party A shall exercise the Call Option by delivering a subscription notice to Party B (see the form and substance of such notice in Appendix 1). Party B shall transfer to Party A and/or any third party designated by Party A the corresponding Equity in IValley Ambow Sihua as specified in the subscription notice. 4.4 Party B shall complete all procedures required for Party A and/or any third party designated by Party A to obtain the Equity in IValley Ambow Sihua and become a lawful shareholder of IValley Ambow Sihua within sixty (60) days after Party A and/or any third party designated by Party A sends the subscription notice for the exercise of the Call Option, including without limitation, adopting any necessary resolution, providing or causing or facilitating IValley Ambow Sihua to provide all necessary documents, and causing and helping IValley Ambow Sihua to obtain approvals from competent government authorities for the change of equity and handle all relevant procedures in the event that IValley Ambow Sihua is converted to a foreign-invested company due to the exercise of the Call Option.