Common use of Rollover Closing Clause in Contracts

Rollover Closing. Subject to the satisfaction in full (or waiver, if permissible) of all of the conditions set forth in Section 7.01 and Section 7.02 of the Merger Agreement (other than conditions that by their nature are to be satisfied or waived, as applicable, at the Closing), the closing of the subscription and issuance of Holdco Shares contemplated hereby shall take place immediately prior to the Closing (the “Rollover Closing”). For the avoidance of doubt, Schedule A sets forth opposite each Shareholder’s name the number of (i) Rollover Shares of such Shareholder (ii) Shares owned by such Shareholder as of the date hereof and (iii) Holdco Shares to be issued to such Shareholder at the Rollover Closing.

Appears in 3 contracts

Sources: Support Agreement (Top Fortune Win Ltd.), Support Agreement (Zhang Lee Ligang), Support Agreement (Shi Yuzhu)

Rollover Closing. Subject to the satisfaction in full (or waiver, if permissible) of all of the conditions set forth in Section 7.01 and Section 7.02 of the Merger Agreement (other than conditions that by their nature are to be satisfied or waived, as applicable, at the Closing), the closing of the subscription and issuance of Holdco Parent Shares contemplated hereby shall take place immediately prior to the Closing (the “Rollover Closing”). For the avoidance of doubt, Schedule A sets forth opposite each Shareholder’s name the number of (ia) Rollover Shares of such Shareholder Shareholder, (iib) Shares owned by such Shareholder as of the date hereof and (iiic) Holdco Parent Shares to be issued to such Shareholder at the Rollover Closing.

Appears in 2 contracts

Sources: Consortium Agreement (Yili Shengda Investment Holdings (Hong Kong) Co LTD), Support Agreement (Yili Shengda Investment Holdings (Hong Kong) Co LTD)

Rollover Closing. Subject to the satisfaction in full (or waiver, if permissible) of all of the conditions set forth in Section 7.01 section 7.1, section 7.2 and Section 7.02 section 7.3 of the Merger Agreement (other than conditions that by their nature are to be satisfied or waived, as applicable, at the Closing), the closing of the subscription and issuance of Holdco Parent Shares contemplated hereby shall take place immediately prior to the Closing (the “Rollover Closing”). For the avoidance of doubt, Schedule A sets forth opposite each Shareholder’s name the number of (i) Rollover Shares of such Shareholder Shareholder, (ii) Shares owned by such Shareholder as of the date hereof and (iii) Holdco Parent Shares to be issued to such Shareholder at the Rollover Closing.

Appears in 1 contract

Sources: Rollover Agreement (Emeren Group LTD)