Common use of Economic benefits flexibility Clause in Contracts

Economic benefits flexibility. The Contractual Arrangements shall continue to enable our Group to receive the economic benefits derived by Tianrui Medical and the VIE Entities through (i) our options (if and when so allowed under the applicable PRC laws) to acquire, all or part of the equity interests or assets at a consideration which shall be the lowest price as permitted under the applicable PRC laws and regulations, (ii) the business structure under which the profit generated by Tianrui Medical and the VIE Entities is substantially retained by us, such that no annual cap shall be set on the amount of service fees payable to Dehong Medical by Tianrui Medical and the VIE Entities under the Exclusive Operation Services Agreements, and (iii) our right to control the management and operation of, as well as, in substance, all of the voting rights of the VIE Entities and Tianrui Medical.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

AutoNDA by SimpleDocs

Economic benefits flexibility. The Contractual Arrangements shall continue to enable our Group to receive the economic benefits derived by Tianrui Medical and the VIE Entities through (i) our options (if and when so allowed under the applicable PRC laws) to acquire, all or part of the equity interests or assets at a consideration which shall be the lowest price as permitted under the applicable PRC laws and regulations, (ii) the business structure under which the profit generated by Tianrui Medical and the VIE Entities is substantially retained by us, such that no annual cap shall be set on the amount of service fees payable to Dehong Medical by Tianrui Medical and the VIE Entities under the Exclusive Operation Services AgreementsAgreement, and (iii) our right to control the management and operation of, as well as, in substance, all of the voting rights of the VIE Entities and Tianrui Medical.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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