Sections 12. 5 and 12.6 of the Shareholders Agreement shall be applied mutatis mutandis to the payment of the liquidation amount and the redemption price, provided that the U.S. dollars equivalent of the relevant refunding of the Deposit shall be deemed to be the principal amount of the promissory note as provided in Section 2.4(a) (and also the relevant Warrant Exercise Price). Upon the deduction of the principal amount from the relevant redemption price or the liquidation amount, the promissory note shall be deemed as fully paid by the Warrant Holder.
Appears in 2 contracts
Sources: Series F Preferred Share Purchase Agreement (Zhihu Inc.), Series F Preferred Share Purchase Agreement (Zhihu Inc.)