Common use of Appointment of Advisors Clause in Contracts

Appointment of Advisors. (a) The Consortium Members shall agree to the scope and engagement terms of all joint Advisors to Holdco or the Consortium in connection with the Transaction. The Consortium Members agree and acknowledge that Gxxxxxxxx Dxxxxxx Xxxxxx Vxxxxxxxxx Xxxxxxxx & Hxxxxxxxx LLP has been selected by the Consortium Members to serve as international counsel to the Founder Parties and the Consortium for the Transaction. The Consortium will engage PRC counsel and Cayman Islands counsel to the Consortium when required. (b) If a Consortium Member requires separate representation in connection with specific issues arising out of the Proposal or the Transaction, such Consortium Member may retain other Advisors to advise it; provided, that such Consortium Member shall (i) provide prior notice to the other Consortium Members of such retention, and (ii) be solely responsible for the fees and expenses of such separate Advisors unless otherwise agreed by the Consortium.

Appointment of Advisors. (a) The Consortium Members shall agree to the scope and engagement terms of all joint Advisors to Holdco or Parent and/or the Consortium Members in connection with the Transaction. The Consortium Members agree and acknowledge that Gxxxxxxxx Dxxxxxx Xxxxxx Vxxxxxxxxx Xxxxxxxx have jointly selected Shearman & Hxxxxxxxx Sterling LLP has been selected by the Consortium Members to serve as international legal counsel to represent the Founder Parties and the Consortium for consortium in connection with the Transaction. The Consortium will engage PRC counsel and Cayman Islands counsel to the Consortium when required. (b) If a Consortium Member requires separate representation in connection with specific issues arising out of the Proposal or the TransactionTransaction or other matters contemplated by the Documentation, such Consortium Member it may retain other Advisors to advise it; provided, that such . Each Consortium Member which engages separate Advisors shall (i) provide prior notice to the other Consortium Members of such retention, engagement together with an estimate of fees and (ii) expenses of such Advisors. Each Consortium Member which engages any separate Advisors shall be solely responsible for the fees and expenses of any such separate Advisors unless otherwise agreed the scope and engagement terms of such separate Advisors have been approved by the ConsortiumConsortium Members, in which case such Advisor shall not be deemed a separate Advisor and all fees and expenses of such Advisor shall be allocated as between the Consortium Members as provided in Section 3.01.

Appointment of Advisors. (a) The Consortium Members shall agree to the scope and engagement terms of all joint Advisors to Holdco or the Consortium in connection with the Transaction. The Consortium Members agree and acknowledge that Gxxxxxxxx Dxxxxxx Xxxxxxxxx Xxxxxxx Xxxxxx Vxxxxxxxxx Xxxxxxxxxx Xxxxxxxx & Hxxxxxxxx Xxxxxxxxx LLP has been selected by the Consortium Members to serve as international counsel to the Founder Parties and the Consortium for the Transaction. The Consortium will engage PRC counsel and Cayman Islands counsel to the Consortium when required. (b) If a Consortium Member requires separate representation in connection with specific issues arising out of the Proposal or the Transaction, such Consortium Member may retain other Advisors to advise it; provided, that such Consortium Member shall (i) provide prior notice to the other Consortium Members of such retention, and (ii) be solely responsible for the fees and expenses of such separate Advisors unless otherwise agreed by the Consortium.

Appointment of Advisors. (a) The Consortium Members shall agree to the scope and engagement terms of all joint Advisors to Holdco or the Consortium in connection with the Transaction. The Consortium Members agree and acknowledge that Gxxxxxxxx Dxxxxxx Xxxxxx Vxxxxxxxxx Xxxxxxxx & Hxxxxxxxx LLP has following Advisors have been selected by the Consortium Members to serve in connection with the Transaction: (i) Xxxxxxx Xxxxxxx & Xxxxxxxx as international counsel to the Founder Parties and the Consortium for the Transaction, and (ii) Weil, Gotshal & Xxxxxx LLP as international counsel to Sponsor. The Consortium will engage PRC counsel and Cayman Islands counsel to the Consortium when required. (b) If a Consortium Member requires separate representation in connection with specific issues arising out of the Proposal or the Transaction, such Consortium Member may retain other Advisors to advise it; provided, that such Consortium Member shall (i) provide prior notice to the other Consortium Members of such retention, and (ii) be solely responsible for the fees and expenses of such separate Advisors unless otherwise agreed by the Consortium.