Common use of Authorization and Entrustment Clause in Contracts

Authorization and Entrustment. 1. The Trustor irrevocably and specially authorizes and entrusts the WFOE to exercise the following rights of the Trustor as the Target Company’s shareholders, as permitted under PRC law, including but not limited to (hereinafter referred to as the “Entrustment Rights”):

Appears in 6 contracts

Samples: Shareholder Rights Entrustment Agreement (Meten EdtechX Education Group Ltd.), Shareholder Rights Entrustment Agreement (Meten EdtechX Education Group Ltd.), Shareholder Rights Entrustment Agreement (Meten International Education Group)

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Authorization and Entrustment. 1. The Trustor irrevocably and specially authorizes and entrusts the WFOE to exercise the following rights of the Trustor as the Target Company’s shareholders, as permitted under PRC law, including but not limited to (hereinafter referred to as the “Entrustment Rights”):

Appears in 5 contracts

Samples: Proxy Agreement for Shareholders (Lixiang Education Holding Co. Ltd.), Proxy Agreement (Lixiang Education Holding Co . LTD), Proxy Agreement (Lixiang Education Holding Co . LTD)

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