Common use of Time of Exercise Clause in Contracts

Time of Exercise. 2.1.1 Grantors unanimously agree that Party A may exercise the option in whole or in part at any time within the term of this Agreement subject to the applicable laws of the PRC; 2.1.2 Grantors unanimously agree that there shall not be any restrictions on number of Party A’s exercise unless Party A has acquired all shares of Party C; and 2.1.3 Grantors unanimously agree that Party A may designate any third party to exercise the option, provided that Party A shall inform in writing Grantors of such designation in advance.

Appears in 14 contracts

Sources: Option Agreement (Sunlands Technology Group), Option Agreement (Sunlands Technology Group), Option Agreement (Sunlands Technology Group)

Time of Exercise. 2.1.1 The Grantors unanimously agree that to the extent permissible by the PRC laws, Party A may exercise the Option hereunder in whole or in part at any time throughout the term of this Agreement. 2.1.2 The Grantors unanimously agree that Party A may exercise the option in whole or in part at any time within the term Option for an unlimited number of this Agreement subject to the applicable laws times unless and until it has purchased all of the PRC; 2.1.2 Grantors unanimously agree that there shall not be any restrictions on number of equity interests in Party A’s exercise unless Party A has acquired all shares of Party C; andC. 2.1.3 The Grantors unanimously agree that Party A may designate any a third party to exercise the optionOption, provided that Party A a written notice shall inform in writing have been provided to the Grantors of such designation in advance.

Appears in 3 contracts

Sources: Option Agreement (PPDAI Group Inc.), Option Agreement (PPDAI Group Inc.), Option Agreement (PPDAI Group Inc.)

Time of Exercise. 2.1.1 The Grantors unanimously agree that to the extent permissible by the PRC laws, Party A may exercise the Option hereunder in whole or in part at any time throughout the term of this Agreement. 2.1.2 The Grantors unanimously agree that Party A may exercise the option in whole or in part at any time within the term Option for an unlimited number of this Agreement subject to the applicable laws times unless and until it has purchased all of the PRC; 2.1.2 Grantors unanimously agree that there shall not be any restrictions on number of equity interests in Party A’s exercise unless Party A has acquired all shares of Party C; andC. 2.1.3 The Grantors unanimously agree that Party A may designate any a third party to exercise the optionOption, provided that Party A a prior written notice shall inform in writing Grantors of such designation in advancebe sent to the Grantors.

Appears in 2 contracts

Sources: Option Agreement (PPDAI Group Inc.), Option Agreement (PPDAI Group Inc.)

Time of Exercise. 2.1.1 Grantors 2.1. 1Grantors unanimously agree that Party A may exercise the option in whole or in part at any time within the term of this Agreement subject to the applicable laws of the PRC; 2.1.2 Grantors 2.1. 2Grantors unanimously agree that there shall not be any restrictions on number of Party A’s exercise unless Party A has acquired all shares of Party C; and 2.1.3 Grantors 2.1. 3Grantors unanimously agree that Party A may designate any third party to exercise the option, provided that Party A shall inform in writing Grantors of such designation in advance.

Appears in 1 contract

Sources: Option Agreement (Sunlands Technology Group)