Common use of Depositary Side Letter Clause in Contracts

Depositary Side Letter. The Company shall have entered into a side letter agreement with the Depositary, or a written agreement in other form (the “Depositary Side Letter”), instructing the Depositary, for a period of 180 days from the closing of the sales of the Offering, not to accept any deposit of any Ordinary Shares in the Company’s ADR facility or issue any new ADSs to any shareholder or any third party, unless the Company has consented to such deposit. The Company covenants that it will not release the Depositary from the obligations set forth in, or otherwise amend, terminate, fail to enforce or provide any consent under, the Depositary Side Letter during the Lock-Up Period without the prior written consent of the Representative, except that no such prior written consent is required for deposit of any Shares or issuance of any new ADSs pursuant this Agreement.

Depositary Side Letter. The Company shall have entered into a side letter agreement with the Depositary, or a written agreement in other form Depository (the “Depositary Side Letter”), instructing the Depositary, for a period of 180 days from after the closing date of the sales of the OfferingProspectus, not to accept any deposit of any Class A Ordinary Shares in for deposit under the Company’s ADR Deposit Agreement for the purpose of issuance of ADSs or take any measures to establish any additional ADS facility or issue for any new ADSs other securities relating to any shareholder or any third party, the Company unless the Company has consented to such deposit. The Company covenants that it will not release the Depositary from the obligations set forth in, or otherwise amend, terminate, fail to enforce or provide any consent under, the Depositary Side Letter during the Lock-Up Period without the prior written consent of the Representative, except that no such prior written consent is required for deposit of any Shares or issuance of any new ADSs pursuant this AgreementRepresentatives.

Depositary Side Letter. The Company shall have entered into a side letter agreement with the Depositary, or a written agreement in other form Depository (the “Depositary Side Letter”), instructing the Depositary, for a period of 180 days from after the closing date of the sales of the OfferingFinal Prospectus, not to accept any deposit of any Class A Ordinary Shares in for deposit under the Company’s ADR Deposit Agreement for the purpose of issuance of ADSs or take any measures to establish any additional ADS facility or issue for any new ADSs other securities relating to any shareholder or any third party, the Company unless the Company has consented to such deposit. The Company covenants that it will not release the Depositary from the obligations set forth in, or otherwise amend, terminate, fail to enforce or provide any consent under, the Depositary Side Letter during the Lock-Up Period without the prior written consent of the Representative, except that no such prior written consent is required for deposit of any Shares or issuance of any new ADSs pursuant this AgreementRepresentatives.

Depositary Side Letter. The Company shall have entered into delivered a side letter agreement with to the Depositary, or a written agreement in other form Depository (the “Depositary Side Letter”), instructing the Depositary, for a period of 180 days from after the closing date of the sales of the OfferingFinal Prospectus, not to accept any deposit of any Ordinary Shares in for deposit under the Company’s ADR Deposit Agreement for the purpose of issuance of ADSs or take any measures to establish any additional ADS facility or issue for any new ADSs other securities relating to any shareholder or any third party, the Company unless the Company has consented to such deposit. The Company covenants that it will not release the Depositary from the obligations set forth in, or otherwise amend, terminate, fail to enforce or provide any consent under, the Depositary Side Letter during the Lock-Up Period without the prior written consent of the Representative, except that no such prior written consent is required for deposit of any Shares or issuance of any new ADSs pursuant this AgreementRepresentatives.

Depositary Side Letter. The Company shall have entered into a side letter agreement with the Depositary, or a written agreement in other form (the “Depositary Side Letter”), instructing the Depositary, for a period of 180 days from after the closing date of the sales Final Prospectus, without the prior written consent of the OfferingRepresentatives, not to accept any deposit of any Class A Ordinary Shares in for deposit under the Company’s ADR Deposit Agreement for the purpose of issuance of ADSs, other than those Class A Ordinary Shares underlying ADSs offered pursuant to the Final Prospectus or not subject to lock-up pursuant to this Agreement, or take any measures to establish any additional ADS facility or issue for any new ADSs other securities relating to any shareholder or any third party, the Company unless the Company has consented to such deposit. The Company covenants that it will not release the Depositary from the obligations set forth in, or otherwise amend, terminate, fail to enforce or provide any consent under, the Depositary Side Letter during the Lock-Up Period without the prior written consent of the Representative, except that no such prior written consent is required for deposit of any Shares or issuance of any new ADSs pursuant this AgreementRepresentatives.

Depositary Side Letter. The Company shall have entered into a side letter agreement with the Depositary, or a written agreement Depositary in other the form and substance acceptable to the Representatives (the “Depositary Side Letter”), instructing the Depositary, for a period of 180 days from after the closing date of the sales of the OfferingProspectus, not to accept any deposit of any Ordinary Shares in the Company’s ADR facility or issue any new ADSs to any shareholder or any third partyAmerican Depositary Shares representing the Ordinary Shares, unless except as otherwise instructed in the Company has consented to such depositDepositary Letter. The Company covenants that it will not release the Depositary from the obligations set forth in, or otherwise amend, terminate, fail to enforce or provide any consent under, the Depositary Side Letter during the Lock-Up Period without the prior written consent of each of the Representative, except that no such prior written consent is required for deposit of any Shares or issuance of any new ADSs pursuant this AgreementRepresentatives.