Business of the Group Companies. Except for holding the interest in its Subsidiaries, the Company shall not engage in any business or operations without the consent of the Majority Preferred Holders. The business of each other Group Companies shall be restricted to the Business, except with the approval of the Board and any required approvals under Section 10.
Appears in 2 contracts
Samples: Shareholder Agreement (WeRide Inc.), Shareholder Agreement (WeRide Inc.)
Business of the Group Companies. Except for holding the interest in its Subsidiaries, the The Company shall not engage in any business or operations without the consent approval of the Majority Preferred HoldersBoard. The business of each other Group Companies shall be restricted to the Business, except with the approval of the Board and any required approvals under Section 10Board.
Appears in 2 contracts
Samples: Shareholder Agreements (Belite Bio, Inc), Shareholder Agreements (Belite Bio, Inc)
Business of the Group Companies. Except for holding the interest in its the applicable Subsidiaries, the Company shall not engage in any business or operations without the consent of the Majority Preferred HoldersInvestor Directors and at least one of the Principal Directors. The business of each other Group Companies shall be restricted to the Business, except with the approval of the Board and any required approvals under Section 10.
Appears in 2 contracts
Samples: Shareholder Agreements (Cloopen Group Holding LTD), Shareholder Agreements (Cloopen Group Holding LTD)
Business of the Group Companies. Except for holding the interest in its Subsidiaries, the Company shall not engage in any business or operations without the consent of the Majority Preferred Holders. The business of each other Group Companies Company shall be restricted to the Business, except with the approval of the Board and any required approvals under Section 10.
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