The precondition of the above authorization and entrustment is that the Trustee is a PRC citizen and the WFOE consents to such authorization and entrustment. When and only when a written notice is issued by the WFOE to Each of Shareholders with respect to the removal of the Trustee, Each of...
the Organizational Documents of Parent or any agreement to which Parent is a party or otherwise bound. Except as set forth in this Section 4.2 and in Section 4.2 of the Parent Disclosure Letter, as of the date of this Agreement, there are no (i) issued and outstanding shares of capital ...
The Grantor hereby grants to Shi Ji an option (the "Option") to acquire his Equity Interest at the price equivalent to the lowest price then permitted by PRC laws, and Shi Ji shall make payment of such price by cancelling all or a portion of the Loan. The Option shall become vested as...
In December 2019, health officials in Wuhan, PRC, reported a disease outbreak involving a cluster of cases of “pneumonia of unknown cause.” Since then, the 2019 coronavirus disease (COVID-19 or SARS-CoV-2) outbreak has been characterized as a pandemic, spread to 188 countries worldwide, ...
(o) Except as disclosed in the General Disclosure Package, no consent, approval, authorization, or order of, or filing or registration with, any person (including any governmental agency or body or any court) is required to be obtained or made by the Company for the consummation of the tran...