Beijing Free Port Sample Clauses

Beijing Free Port. (1) Party A confirms that as of the date hereof, the Beijing Free Port is in the early stage of development, and it is seeking Third Party financing/investment to the Beijing Free Port. (2) Party A agrees to provide periodic reports (whenever there is any material change that can reasonably be expected to impact on, or relate to, the Joint Venture Company) to Party B on (i) the progress for it to obtain Third Party financing/investment to the Beijing Free Port, (ii) the status and time estimate for it to achieve the construction milestones of the Beijing Free Port, and (iii) any events or circumstances that can reasonably be expected to impact on its ability to obtain Third Party financing/investment to the Beijing Free Port or achieve the construction milestones of the Beijing Free Port.
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