Common use of Steps of the Transaction Clause in Contracts

Steps of the Transaction. In order to consummate the Transaction, the following actions will take place, and none of which shall be deemed to have been completed or any document delivered until all such actions have been completed and all required documents delivered: 4.2.1. The Seller and Purchaser shall sign a transfer deed in the form attached hereto as Schedule ‎4.2.1 (the “ADR Transfer Deed”) with respect to the Purchased ADRs and such other documentation as the Depositary may request in connection with the transfer of the Purchased ADRs and deliver the executed ADR Transfer Deed and such other documentation (if applicable) to the Depositary, with a copy thereof to the Company. 4.2.2. The Purchaser will transfer the Purchase Price to the Seller as set forth in Section 3 above. 4.2.3. Upon receipt of the Purchase Price, the Seller shall transfer the Purchased ADRs to the Purchaser. 4.2.4. The Seller shall cause the Company to deliver to the Purchaser written confirmation from the Depositary, in form and substance satisfactory to the Purchaser, evidencing that the Purchased ADRs have been transferred on the books and records of the Depositary and are registered in the name of the Purchaser.

Steps of the Transaction. In order to consummate the Transaction, the following actions will take place, and none of which shall be deemed to have been completed or any document delivered until all such actions have been completed and all required documents delivered: 4.2.1. The Seller and Purchaser shall sign a transfer deed in the form attached hereto as Schedule ‎4.2.1 (the “ADR Share Transfer Deed”) with respect to the Purchased ADRs Ordinary Shares and such other documentation as the Depositary may request in connection with the transfer of the Purchased ADRs Ordinary Shares and deliver the executed ADR Ordinary Share Transfer Deed and such other documentation (if applicable) to the Depositary, with a copy thereof to the Company. 4.2.2. The Purchaser will transfer the Purchase Price to the Seller as set forth in Section 3 ‎3 above. 4.2.3. Upon receipt of the Purchase Price, the Seller shall transfer the Purchased ADRs Ordinary Shares to the Purchaser. 4.2.4. The Seller shall cause the Company to deliver to the Purchaser written confirmation from the Depositary, in form and substance satisfactory to the Purchaser, evidencing that the Purchased ADRs Ordinary Shares have been transferred on the books and records of the Depositary and are registered in the name of the Purchaser.