Common use of Branches or Subsidiaries Clause in Contracts

Branches or Subsidiaries. The Warrantors, jointly and severally, undertake that as soon as reasonably practicable after the Closing or after a date as determined by the Board of the Company (with the affirmative vote of Alibaba Director and Yunfeng Director), the PRC Subsidiaries shall register with competent Governmental Authorities the establishment of branches or subsidiaries where the PRC Subsidiaries operate businesses.

Appears in 4 contracts

Samples: Series F Preferred Share Purchase Agreement (Qiniu Ltd.), Preferred Share Purchase Agreement (Qiniu Ltd.), Series F 1 Preferred Share Purchase Agreement (Qiniu Ltd.)

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Branches or Subsidiaries. The Warrantors, jointly and severally, undertake that as soon as reasonably practicable after the First Closing or after a date as determined by the Board of the Company (with the affirmative vote of Alibaba Director and Yunfeng Director), the PRC Subsidiaries shall register with competent Governmental Authorities the establishment of branches or subsidiaries where the PRC Subsidiaries operate businesses.

Appears in 2 contracts

Samples: Series F Preferred Share Purchase Agreement (Qiniu Ltd.), Series F Preferred Share Purchase Agreement (Qiniu Ltd.)

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