Consent of Governmental Authorities. All Consents of the competent Government Authorities or entities in the PRC necessary for the Subscription (“PRC Approvals”) have been obtained by the Investor, including but not limited to: (A) the Consent of National Development and Reform Commission (“NDRC”) or its local counterpart; (B) the Consent of Ministry of Commerce (“MOFCOM”) or its local counterpart; (C) the Consent of SAFE or any applicable commercial banks under the supervision of SAFE; (d) the Consent (including but not limited to state-owned assets appraisal report as required by competent Government Authorities) of State-owned Assets Supervision and Administration Commission (“SASAC”) or its local counterpart.
Appears in 2 contracts
Samples: Series C1 Preferred Share Purchase Agreement (Qutoutiao Inc.), Series C1 Preferred Share Purchase Agreement (Qutoutiao Inc.)
Consent of Governmental Authorities. All Consents of the competent Government Authorities or entities in the PRC necessary for the Subscription (“PRC Approvals”) have been obtained by the InvestorPurchaser, including but not limited to: (A) the Consent of National Development and Reform Commission (“NDRC”) or its local counterpart; (B) the Consent of Ministry of Commerce (“MOFCOM”) or its local counterpart; (C) the Consent of SAFE or any applicable commercial banks under the supervision of SAFE; (d) the Consent (including but not limited to state-owned assets appraisal report as required by competent Government Authorities) of State-owned Assets Supervision and Administration Commission (“SASAC”) or its local counterpart.
Appears in 2 contracts
Samples: Preferred Share Purchase Agreement, Series C2 Preferred Share Purchase Agreement (Qutoutiao Inc.)
