Common use of Books and Records; Minutes Clause in Contracts

Books and Records; Minutes. All accounts, ledgers, material files, documents, instruments, papers, books and records relating to the business, operations, conditions (financial or other) of each Group Company, results of operations, and assets and properties of each Group Company (collectively, the “Books and Records”), each as demonstrated to the Investors and their representatives, are true, correct and complete in all material respects, there are no material inaccuracies or discrepancies of any kind contained or reflected therein, and they have been maintained in accordance with relevant legal requirements and industry standards, as applicable, including the maintenance of an adequate system of internal controls. The minute books of the Company, as demonstrated to the Investors and its representatives, contain complete and accurate records of all meetings of and corporate actions or written consents by the shareholders and the board of directors of such Group Company and, to the extent that such minute books are deficient, all material information not contained in such minutes has been conveyed to the Investors in other written form.

Appears in 6 contracts

Samples: Series B Preferred Share Purchase Agreement (Luckin Coffee Inc.), Preferred Share Purchase Agreement (Luckin Coffee Inc.), Series a Preferred Share Purchase Agreement (Luckin Coffee Inc.)

AutoNDA by SimpleDocs

Books and Records; Minutes. All accounts, ledgers, material files, documents, instruments, papers, books and records relating to the business, operations, conditions (financial or other) of each Group Company, results of operations, and assets and properties of each Group Company (collectively, the “Books and Records”), each as demonstrated to the Investors Investor and their representatives, are true, correct and complete in all material respects, there are no material inaccuracies or discrepancies of any kind contained or reflected therein, and they have been maintained in accordance with relevant legal requirements and industry standards, as applicable, including the maintenance of an adequate system of internal controls. The minute books of the Company, as demonstrated to the Investors Investor and its representatives, contain complete and accurate records of all meetings of and corporate actions or written consents by the shareholders and the board of directors of such Group Company and, to the extent that such minute books are deficient, all material information not contained in such minutes has been conveyed to the Investors Investor in other written form.

Appears in 2 contracts

Samples: Additional Series B Preferred Share Purchase Agreement (Luckin Coffee Inc.), Additional Series B Preferred Share Purchase Agreement (Luckin Coffee Inc.)

AutoNDA by SimpleDocs

Books and Records; Minutes. All accounts, ledgers, material files, documents, instruments, papers, books and records relating to the business, operations, conditions (financial or other) of each Group Company, results of operations, and assets and properties of each Group Company (collectively, the “Books and Records”), each as demonstrated supplied to the Investors and their representativesrepresentatives upon request, are true, correct correct, complete and complete current in all material respects, ; there are no material inaccuracies or discrepancies of any kind contained or reflected therein, and they have been maintained in accordance with applicable laws and relevant legal requirements and industry standards, as applicable, standards including the maintenance of an adequate system of internal controls. The minute books of the each Group Company, as demonstrated made available to the Investors and its their representatives, contain complete and accurate records of all material meetings of of, and material corporate actions or written consents by by, the shareholders and the board of directors of such Group Company and, to the extent that such minute books are deficient, all material information not contained in such minutes has been conveyed to the Investors in other either oral or written form.

Appears in 1 contract

Samples: Share Purchase Agreement (China Mobile Games & Entertainment Group LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.