Common use of Use of the Purchase Price Clause in Contracts

Use of the Purchase Price. ACM shall use the entire Purchase Price in its purchase of the ACM Shanghai Equity in accordance with the Framework Agreement, unless ACM fails to win the bid if it bid to purchase the ACM Shanghai Equity pursuant to the Framework Agreement.

Appears in 2 contracts

Sources: Securities Purchase Agreement (ACM Research, Inc.), Securities Purchase Agreement (ACM Research, Inc.)