Common use of Authorization; No Consent Clause in Contracts

Authorization; No Consent. WFOE has taken all necessary corporate actions to authorize its execution, delivery and performance of this Agreement and all related documents and has the corporate power and authorization to execute, deliver and perform this Agreement and the other related documents; has the absolute and unrestricted right, power, authority, and capacity to execute and deliver this Agreement and the other related documents and to perform its obligations under this Agreement and the other related documents; is not required to give any notice to or obtain any Consent from any Person in connection with the execution and delivery of this Agreement or the consummation or performance of any of the exclusive cooperation arrangement contemplated under this Agreement except for any notices that have been duly given or consents that have been duly obtained; and has all the governmental authorizations necessary to permit WFOE to lawfully conduct and operate its business in the manner it currently conducts and operates such business and to permit WFOE to own and use its assets in the manner in which it currently owns and uses such assets. To the best knowledge of WFOE, there is no basis for any governmental authority to withdraw, cancel or cease in any manner any of such governmental authorizations.

Authorization; No Consent. WFOE Xxx Xxxx has taken all necessary corporate actions to authorize its execution, delivery and performance of this Agreement and all related documents and has the corporate power and authorization to execute, deliver and perform this Agreement and the other related documents; has the absolute and unrestricted right, power, authority, and capacity to execute and deliver this Agreement and the other related documents and to perform its their obligations under this Agreement and the other related documents; is not required to give any notice to or obtain any Consent from any Person in connection with the execution and delivery of this Agreement or the consummation or performance of any of the exclusive cooperation arrangement contemplated under this Agreement except for any notices that have been duly given or consents that have been duly obtained; and has holds all the governmental authorizations necessary to permit WFOE Xxx Xxxx to lawfully conduct and operate its business in the manner it currently conducts and operates such business and to permit WFOE Xxx Xxxx to own and use its assets in the manner in which it currently owns and uses such assets. To the best knowledge of WFOEXxx Xxxx, there is no basis for any governmental authority to withdraw, cancel or cease in any manner any of such governmental authorizations.

Authorization; No Consent. WFOE ICP Co has taken all necessary corporate actions to authorize its execution, delivery and performance of this Agreement and all related documents and has the corporate power and authorization to execute, deliver and perform this Agreement and the other related documents; has the absolute and unrestricted right, power, authority, and capacity to execute and deliver this Agreement and the other related documents and to perform its their obligations under this Agreement and the other related documents; is not required to give any notice to or obtain any Consent from any Person in connection with the execution and delivery of this Agreement or the consummation or performance of any of the exclusive cooperation arrangement contemplated under this Agreement except for any notices that have been duly given or consents that have been duly obtained; and has holds all the governmental authorizations necessary to permit WFOE ICP Co to lawfully conduct and operate its business in the manner it currently conducts and operates such business and to permit WFOE ICP Co to own and use its assets in the manner in which it currently owns and uses such assets. To the best knowledge of WFOEICP Co, there is no basis for any governmental authority to withdraw, cancel or cease in any manner any of such governmental authorizations.

Authorization; No Consent. WFOE IST (i) has taken all necessary corporate actions to authorize its execution, delivery and performance of this Agreement and all related documents and has the corporate power and authorization to execute, deliver and perform this Agreement and the other related documents; (ii) has the absolute and unrestricted right, power, authority, and capacity to execute and deliver this Agreement and the other related documents and to perform its obligations under this Agreement and the other related documents; (iii) is not required to give any notice to or obtain any Consent from any Person in connection with the execution and delivery of this Agreement or the consummation or performance of any of the exclusive cooperation arrangement contemplated under this Agreement except for any notices that have been duly given or consents that have been duly obtained; and (iv) has all the governmental authorizations necessary to permit WFOE IST to lawfully conduct and operate its business in the manner it currently conducts and operates such business and to permit WFOE IST to own and use its assets in the manner in which it currently owns and uses such assets. To the best knowledge of WFOEIST, there is no basis for any governmental authority to withdraw, cancel or cease in any manner any of such governmental authorizations.