The Placing Agent has conditionally agreed to subscribe or procure subscription for [●] Shares and on a best efforts basis, subscribe or procure subscription for an additional [●] Shares at the Placing Price.
Pursuant to the Asset Transfer Agreement, ABC agreed to acquire and XYZ agreed to transfer the Target Assets, which are currently under construction, with a total expected construction area of approximately [●] sq.m.
Pursuant to the Agreement, ABC and XYZ agree to subscribe for Shares in two tranches.
an irrevocable drawdown notice shall have been validly submitted by Finco to the lenders under the JVC Debt Facility requesting that the Drawdown Amount be advanced by the lenders under the JVC Debt Facility on Closing;
The Vendor shall sell, convey, transfer, assign and deliver to the Group, and the Group shall purchase and acquire from the Vendor all of the Vendor’s right, title and interest in and to all of the assets of ABC.
The Manager shall manage and invest the Entrusted Assets in accordance with the instructions of the Assets Trustor.
All of the shareholders of XYZ agreed to pledge their equity interests in XYZ to ABC to secure the performance of all of the obligations of XYZ and/or all of its shareholders under the aforesaid exclusive business operating agreement.
which enables our Company and our Directors and their successors (including any liquidator being appointed in the event of liquidation) to exercise all the powers of the shareholders (including their successors and transferees) of XYZ.
We have narrowly tailored the Structured Contracts in order to achieve the Group’s business purposes to minimize the potential for conflict with relevant PRC laws and regulations.
Pursuant to the Policy Management Agreement, the Company agrees to provide policy administration services to [●] relating to the non-transferred policies, including day-to-day insurance administration services, customer services, statistics and file management, invoice and receipt management, reinstatement of non-transferred policies, applications for and renewal of riders to the non-transferred policies, reinsurance, and handling of disputes relating to the non-transferred policies. The Company acts as a service provider under the agreement and does not acquire any rights or assume any obligations as an insurer under the non-transferred policies.