Compliance with PRC Law Sample Clauses

Compliance with PRC Law. To the best of such counsel’s knowledge following due inquiry, each of the Company and the PRC Subsidiaries is currently in compliance with all applicable PRC law and regulations, and the issuance, sale and delivery of the Offered Securities by the Company as described in the General Disclosure Package as of the Applicable Time will not conflict with or result in a breach or violation of, the provisions of any applicable PRC law and the regulations.
AutoNDA by SimpleDocs
Compliance with PRC Law. Except as disclosed in the Preliminary Prospectus, each of the Company and the CDMTV Subsidiaries (and, to our knowledge after due inquiry, each of Wuxi JV and Shenzhen JV) is currently in compliance with all applicable PRC law and regulations in all material respects.
Compliance with PRC Law. The activities of the COMPANY shall be governed and protected by the relevant published laws, decrees, rules and regulations of the PRC and shall comply with the provisions of this CONTRACT and the ARTICLES OF ASSOCIATION of the COMPANY (the "ARTICLES OF ASSOCIATION") . E-77
Compliance with PRC Law. All Fosun Companies are in compliance in all material respects with all applicable PRC Laws, except for such noncompliance that would not reasonably be likely to have a Material Adverse Effect. None of the Fosun Companies has received any notice of, nor does Seller have any knowledge of, any violation (or of any investigation, inspection, audit or other Action by any Governmental Authority involving allegations of any violation) of any applicable PRC Law involving or related to any Fosun Company which has not been dismissed or otherwise disposed of that would be reasonably likely to have a Material Adverse Effect. None of the Fosun Companies has received notice or otherwise has any knowledge that Seller is charged with, threatened with or under investigation with respect to, any violation of any applicable PRC Law that if proven would reasonably be likely to have a Material Adverse Effect. Each Fosun Company and its directors, officers, employees and agents or other Person acting under and with its express authorization have complied in all respects with all applicable PRC Law.
Compliance with PRC Law. It is intended that this Agreement comply with any applicable requirements of the State Administration of Foreign Exchange (“SAFE”) and other laws in effect in the P.R.C. This Agreement shall be administered in a manner consistent with this intent, and any provision that would cause this Agreement to fail to meet these SAFE requirements and other laws in the P.R.C. shall have no force and effect until amended to comply with SAFE requirements and other laws in the P.R.C. The Employee hereby agrees in advance to any such required amendment.
Compliance with PRC Law. Prior to the twelve (12) month anniversary of this Agreement, the Founder and Co-Founders shall complete all required registrations, obtain all required approvals and otherwise comply with all rules and regulations of the PRC government or any agency, bureau, board, commission, court, department, official, political subdivision, tribunal or other instrumentality of the PRC government with respect to any Founder’s or Co-Founder’s shareholding interests in the Company and each of the transactions contemplated by the Series B Purchase Agreement, including without limitation, (i) the obligations as set forth in Sections 7.9, 7.12 and 7.13 of the Series B Purchase Agreement and (ii) all reporting obligations imposed by, and all consents, approvals and permits required by the PRC State Administration of Foreign Exchange (“SAFE”) pursuant to Circular on Issues Relating to the Administration of Foreign Exchange of Company Financing through Offshore Special Purpose Vehicles and Round-Trip Investment by PRC Resident issued by SAFE effective November 1, 2005 (the “SAFE Circular”) and any applicable laws of the PRC in force from time to time which operate to restate, amend or repeal the aforesaid SAFE Circular or any part thereof.

Related to Compliance with PRC Law

  • Compliance with FCPA Each of the Credit Parties and their Subsidiaries is in compliance with the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq., and any foreign counterpart thereto. None of the Credit Parties or their Subsidiaries has made a payment, offering, or promise to pay, or authorized the payment of, money or anything of value (a) in order to assist in obtaining or retaining business for or with, or directing business to, any foreign official, foreign political party, party official or candidate for foreign political office, (b) to a foreign official, foreign political party or party official or any candidate for foreign political office, and (c) with the intent to induce the recipient to misuse his or her official position to direct business wrongfully to such Credit Party or its Subsidiary or to any other Person, in violation of the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq.

  • Compliance with Rules To comply with, and to require the Contractors to comply with, all rules, regulations, ordinances and laws bearing on the conduct of the work on the Improvements, including the requirements of any insurer issuing coverage on the Project and the requirements of any applicable supervising boards of fire underwriters.

  • Compliance with OFAC None of the Company and its Subsidiaries or, to the Company’s knowledge, any director, officer, agent, employee or affiliate of the Company and its Subsidiaries or any other person acting on behalf of the Company and its Subsidiaries, is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”), and the Company will not, directly or indirectly, use the proceeds of the Offering hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.

  • Compliance with Statutes Rules and Regulations In performing its obligations under this Contract, the Provider shall without exception be aware of and comply with all State and Federal laws, rules, Children and Families Operating Procedures (CFOPs), and regulations relating to its performance under this Contract as they may be enacted or amended from time-to-time, as well as any court or administrative order, judgment, settlement or compliance agreement involving the Department which by its nature affects the services provided under this Contract.

  • Compliance with Orders The Company is not in violation of any material judgment, decree, or order of any court, arbitrator or other governmental authority.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!