China Subsidiary Company’s Loans to Others and Rights Sample Clauses
China Subsidiary Company’s Loans to Others and Rights. Each China subsidiary company does not have any uncollected loans outstanding, does not own beneficiary rights to any debts (whether they are mature and should be paid off), except the rights to debts in its normal course of operations. Each China subsidiary company did not provide any loan or lending that violates the related laws of the PRC.
