Payment Method of Transfer Price Clause Samples

Payment Method of Transfer Price. True Excel Holdings adopts a one-off payment method that it will remit the Transfer Price to the bank account designated by the Transferors within 3 months from the date upon which the conditions set out in Clause 3.4 hereof have been fully satisfied and Hunan Xiangbei has obtained the business license of a wholly foreign-owned enterprise.
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Payment Method of Transfer Price. It is agreed by the Parties hereto that the transfer price stipulated herein is to be paid in the following method: 1. After the effectiveness of this Agreement, Party B is to pay the first installment (namely RMB 140,000,000, SAY CHINESE YUAN ONE HUNDRED AND FORTY MILLION ONLY) on the morning of June 26, 2018, for the equity transfer by remitting the sum to the bank account designated by Party A2. 2. As of the effective date of this Agreement, the portion of the Target Stock held by Party A2 ([ 56,450,000 ] shares have been pledged) have been pledged to Soochow Securities Co., Ltd., and this pledge is to expire on June 26, 2018. The Parties hereto agree that after the effectiveness of this Agreement, Party A2 shall forthwith make relevant preparation and on the business day of receipt of the first installment under in the paragraph (1) of this Appendix attached hereto, Party A2 shall make an application to Soochow Securities Co., Ltd., in order to repay some loan and discharge the pledge of at least [ 35,000,000 ] shares of the Target Stock, and then Party A2 shall have Soochow Securities Co., Ltd. handle the formalities with China Securities Depository and Clearing Corporation Limited Shenzhen Branch for discharge of pledge of the portion of the Target Stock held by Party A2; and from the date on which such discharge is successfully made and such portion of the shares are returned to the account of Party A2, Party A2 shall cooperate with Party B in applying to China Securities Depository and Clearing Corporation Limited Shenzhen Branch for pledging [35,000,000 ] shares to Party B. On the condition that the first installment to be paid by Party B for the equity transfer has been paid duly, Party A2 shall ensure that it’s application for repayment and discharge of pledge to Soochow Securities Co., Ltd. will be responded and executed within [3 ] business days. 3. Within [5] business days of the completion of formalities for pledge of the portion of the Target Stock held by Party A2, and by the date of July 6, 2018, Party B shall pay the second installment (namely RMB 360,000,000, SAY CHINESE YUAN THREE HUNDRED AND SIXTY MILLION ONLY) to the bank account designated by Party A1. The Parties hereto agree that after the effectiveness of this Agreement, Party A1 shall forthwith make relevant preparation and on the business day of receipt of the second installment for the equity transfer stipulated in the paragraph (3) of the Appendix attached hereto, Party A1 sh...
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Related to Payment Method of Transfer Price

  • Method of Transfer Attestation GIS REC tracking system, specified as . Serial number (if applicable).

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within ____ business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other ______________________ basis. If the Subcontractor completes the Services to the satisfaction of the Contractor, before the full amount or balance has been fully paid, any remaining amount shall be payable immediately. ☐ - Other: ________________________________________________________

  • Settlement Method For any Option, Net Share Settlement; provided that if the Relevant Settlement Method set forth below for such Option is not Net Share Settlement, then the Settlement Method for such Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method for such Option.

  • Settlement Method Election Physical Settlement, Cash Settlement, or Net Share Settlement, at the election of Counterparty as set forth in a Settlement Notice that satisfies the Settlement Notice Requirements; provided that Physical Settlement shall apply (i) if no Settlement Method is validly selected, (ii) with respect to any Settlement Shares in respect of which Dealer is unable, in good faith and in its commercially reasonable discretion, to unwind its commercially reasonable hedge by the end of the Unwind Period (taking into account any Additional Transactions with overlapping “Unwind Periods” (as defined in the applicable Additional Confirmations)) (A) in a manner that, in the reasonable discretion of Dealer, based on advice of counsel, is consistent with the requirements for qualifying for the safe harbor provided by Rule 10b-18 under the Exchange Act (“Rule 10b-18”) or (B) in its commercially reasonable judgment, due to the occurrence of five or more Disrupted Days or to the lack of sufficient liquidity in the Shares on any Exchange Business Day during the Unwind Period, (iii) to any Termination Settlement Date (as defined under “Termination Settlement” in Paragraph 7(g) below) and (iv) if the Final Date is a Settlement Date other than as the result of a valid Settlement Notice, in respect of such Settlement Date; provided, further, that, if Physical Settlement applies under clause (ii) immediately above, Dealer shall provide written notice to Counterparty at least two Scheduled Trading Days prior to the applicable Settlement Date.

  • Payment Methods A. Except as otherwise provided by this Contract, the payment method will be one or more of the following: