Compliance with Laws; Consents. (i) Each Group Company is, and has been, in compliance with all applicable Laws (including the Laws on cybersecurity, data security and privacy in connection with the use, collection, retention, storage, disclosure, transfer, disposal and other processing of any data or information) in all material respects. No event has occurred and no circumstance exists that (with or without notice or lapse of time) (a) may constitute or result in a material violation by any Group Company of, or a material failure on the part of such entity to comply with, any applicable Laws, or (b) may give rise to any material obligation on the part of any Group Company to undertake, or to bear all or any portion of the cost of, any remedial action of any nature. None of the Group Companies has received any notice from any Governmental Authority regarding any of the foregoing. None of the Group Companies is, to the Knowledge of the Warrantors, under investigation with respect to a violation of any Law. The US Company has not made any filings with, been the subject of any inquiry, investigation, or review undertaken by, or received any communication from the Committee on Foreign Investment in the United States (“CFIUS”). In addition, to the Knowledge of the Warrantors, no other Investor has given written or oral notice to the Company indicating that it intends to notify CFIUS of their investment in the Company.
Appears in 5 contracts
Samples: Series D+ Preferred Share and Warrant Purchase Agreement (WeRide Inc.), Ordinary Share Purchase Agreement (WeRide Inc.), Series D+ Preferred Share and Warrant Purchase Agreement (WeRide Inc.)
