Transfer Price and Payment Clause Samples
The 'Transfer Price and Payment' clause defines the agreed-upon price for goods or services being transferred between parties and outlines the terms and methods of payment. It typically specifies when payments are due, acceptable payment methods, and any conditions for adjustments to the price, such as changes in costs or currency fluctuations. This clause ensures both parties have a clear understanding of financial obligations, reducing the risk of disputes over payment and facilitating smooth commercial transactions.
Transfer Price and Payment. 1) Party A and Party B agree and confirm that the equity transfer price under this agreement is 10,000 RMB (TEN THOUSAND RMB).
2) Party A and Party B agree that Party B shall pay the equity transfer price to Party A at once, and Party A shall issue a compliance receipt to Party B at the same time as the payment is received.
Transfer Price and Payment. 3.1 Both parties agree and confirm that the consideration for the transaction is RMB25,600,000 or USD equivalent.
Transfer Price and Payment. The transferor and the transferee here consistently agree that the transfer price of the assets under this Agreement shall be RMB __________________.
Transfer Price and Payment. 7.1 The parties agree that, as for this acquisition, the Transferee shall pay the Transferor the consideration (“Transfer price”) in RMB, which is equivalent to three million US dollars with its cash assets in the signing of the Agreement. The Transfer shall be actually paid upon the completion of the delivery on the delivery day or another date otherwise negotiated by the parties in a written agreement.
7.2 Unless otherwise negotiated by all parties in a written agreement, the Transferee shall pay the transfer price to designated bank account of the Transferor via T/T (Telegraphic transfer) in RMB.
Transfer Price and Payment. 2.1 The Parties agree that the total value of this Transfer is RMB6,000,000 (approximately US$869,565), among which RMB3,408,000 (approximately US$493,913) to be transferred to Huizong Zhang, RMB 1,596,000 (approximately US$231,304) to be transferred to ▇▇▇▇▇▇▇ ▇▇▇▇▇, and RMB 996,000 (approximately US$144,347) to be transferred to ▇▇▇▇▇▇ ▇▇ respectively.
2.2 The Parties agree to pay the value of the Transfer as follows:
(1) Upon the execution of this Agreement, the Transferee will pay RMB 5,400,000 (approximately US$782,608) to the Transferors to commence the transfer procedure then the management team of Transferee shall start to operate the ▇▇▇ ▇▇.
(2) The Transferee will repay the balance of RMB 600,000 (approximately US$86,957) to the Transferors within 30 days after completing the transfer registration with Commerce Department.
2.3 The Transferors shall provide the receipts to the Transferee after receiving the payment.
Transfer Price and Payment. 5.1 Both Parties agree that the Transferee shall pay RMB 169,406,250 yuan (i.e. one hundred and sixty-nine million four hundred and six thousand two hundred and fifty RMB yuan) to the Transferor as consideration of this Equity Transfer (hereinafter referred to as the “Equity Transfer Price”). Such Equity Transfer Price shall be paid in four installments, whose times of payment shall be determined by the Parties through consultation:
(1) The first installment of Equity Transfer Price shall be 95,875,000 yuan. If the equity acquisition transaction is closed in accordance with conditions as agreed by the Parties, the RMB 95,875,000 yuan loan under the Loan Agreement executed by and between the Transferor and the Transferee as of February 10th 2015 shall be automatically turned into the first installment of Equity Transfer Price. The first installment of Equity Transfer Price shall all be used as capital increase for the Target Company. Following the capital increase, the Target Company shall: (a) use 15,000,000 yuan to repay the loan obtained from Hanneng (Beijing) Investment consultation Co., Ltd.; (b) use the remaining 80,875,000 yuan to acquire 51% of holding interest in Guoyao Yangguang Health Technology Co., Ltd. from Guoyao International Health Company which is granted by listing in Beijing Equity Exchange.
(2) The second installment of Equity Transfer Price shall be 73,531,250 yuan, of which, 5,000,000 yuan has already been paid as down payment, so actually, only an amount of 68,531,250 yuan is required, which shall be paid in three installments.
5.2 Except as otherwise agreed upon in writing by the Parties, the Transferee shall pay the Equity Transfer Price in RMB to the bank account designated by the Transferor at the time as agreed upon by the Parties.
Transfer Price and Payment.
3.1 The Parties agree that, the share purchase price hereunder shall be denominated in RMB. The share purchase price payable by the Purchaser shall be RMB315,000,000 (“Transfer Price”).
3.2 The Parties agree that, within 5 business days after all conditions precedent set forth in Article 4.1 hereof are satisfied (or waived in writing by the Purchaser at its sole discretion) or on other date unanimously agreed in writing by the Parties (“Closing Date”), the Purchaser shall pay the first tranche of the Transfer Price of RMB165,000,000 (“First Tranche of Transfer Price”), and the Seller shall, within 1 business day upon receipt of the First Tranche of the Transfer Price, transfer and pay RMB150,000,000 therein to the Target Company, and the Target Company shall, within 1 business day upon receipt of RMB150,000,000 paid by the Seller to it, apply such amount in full to repay the borrowing under the loan contract (Contract No.: (Jie) 20210928) (“Loan Contract”) between the Target Company and Shenzhen Yingaigou.
3.3 The Parties agree that, within 5 business days after full repayment of the borrowing under the Loan Contract, the Purchaser shall pay the second tranche of the Transfer Price of RMB150,000,000 (“Second Tranche of Transfer Price”) to the Seller, and for the avoidance of doubt, the condition precedent to the Purchaser’s payment of the Second Tranche of Transfer Price is that the borrowing under the Loan Contract has been fully repaid, and if such condition precedent is not satisfied, then the Purchaser shall have no obligation to pay the Second Tranche of Transfer Price, and the Seller and the Target Company shall assume joint and several liability for compensation to the Purchaser with respect to the failure to apply the First Tranche of the Transfer Price for the agreed purpose.
3.4 The Parties agree that, the Purchaser shall pay the Transfer Price to the designated bank account set forth in Schedule II attached hereto in accordance with the provisions of Articles 3.2 and 3.3 hereof. The Purchaser shall be deemed to have completed the payment obligation of the Transfer Price when it pays the Transfer Price to such designated bank account.
Transfer Price and Payment. 一)甲方同意以总价559768000元人民(大写:人民币伍亿伍仟玖佰柒拾陆万捌仟元整)的价格受让乙方持有的目标公司100%的股权。
(1) Party A agrees to accept 100% of Party B’s equity in the Target Company for a total price of RMB 559,768,000. (二)鉴于甲方实际需求,乙方同意甲方基于上述约定价格,按照年化资金占用费6%的标准,对应付股权交易价款及其未付金额之资金占用费做出如下安排:
(2) In consideration of Party A’s request, Party B agrees to apply an annualized 6% interest rate to the payable consideration for the equity transfer, which is translated into the payment terms provided here below:
1) 本协议签署后五个工作日内,甲方向乙方支付股权交易价款中本金的240000000元整
1) Within 5 working days upon signing of this Agreement, Party A shall pay RMB 240,000,000 to Party B as part of the principal of the equity transfer price.
Transfer Price and Payment. The total price of transfer under Article 1 of this Agreement is RMB 134 million (“Transfer Compensation”), which will be paid to Party A by Party C according to the following schedule:
2.1 Party C will make the first payment of RMB 50 million to Party A within ten days of the signing date of this Agreement.
2.2 Party C will make the second payment of RMB 70 million to Party A after Party A and B complete the transfer of all tangible assets to Party C, subject to the inspection and acceptance by Party C.
2.3 Party C will make the third payment of RMB 14 million to party A after the consummation of change in equity ownership registration of Yuxi at regulatory government departments. In cases that the transferred assets is less in value than in the appraisal report, appropriate amounts should be deducted from the third payment subject to further negotiation between Party A, B and C. In cases that the deduction brings the third payment below zero, Party A and B agrees to return appropriate amount from previous payments, subject to further negotiation between Party A, B and C.
2.4 Party C will wire agreed payments to the bank account appointed by Party A. Party A will distribute the payment according to their respective equity ownership percentage. The accounts is: Industrial and Commercial Bank of China, Sanmenxia Xiaoshan Ave. Branch, account holder: Sanmenxia Yuxi Investment Co., Ltd.; account number: 1713022909200034327
Transfer Price and Payment. The total consideration for this equity transfer shall be RMB 15,000 (Fifteen Thousand Yuan), of which: - ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ (Ningbo) Trade Co., Ltd.: RMB 10,000 (Ten Thousand Yuan); - Ningbo Farmmi Baitong Trade Co., Ltd.: RMB 5,000 (Five Thousand Yuan). Party B shall pay the full amount to Party A’s designated account within fifteen (15) days after the signing and effectiveness of this Agreement.