Establishment of the Company Sample Clauses

Establishment of the Company. The Parties hereby agree to jointly establish the Company at Wuhan, Hubei Province, the PRC, in accordance with the Law of the People’s Republic of China on Chinese-Foreign Equity Joint Ventures, the Regulations for the Implementation of the Law of the People’s Republic of China on Chinese-Foreign Equity Joint Ventures, other applicable Law of the PRC, this Contract and the Articles of Association.

Establishment of the Company. The Parties hereby agree to establish the Company in accordance with the Sino-Foreign Cooperative Joint Venture Law, the Corporation Law and other relevant laws and regulations of the People's Republic of China and with the provisions of this Contract.

Establishment of the Company. On the Completion Date or as soon as possible thereafter (unless the same has already been done): (A) the name of the Company shall be changed to “FXMarketSpace Limited”; (B) Reuters and CME shall transfer any IPR (including, specifically, any domain names and trade marks) to the Company, which either party may have acquired or registered for use exclusively by the Business; (C) Reuters shall procure that resolutions in the Agreed Form are duly passed as special or ordinary resolutions (as the case may be) of the Company in order to: (i) adopt the Articles of Association; and (ii) increase the authorised share capital of the Company to £300,000,200 divided into 100,000,000 Reuters Shares, 100,000,000 CME Shares, 100 Reuters Preference Shares, 100 CME Preference Shares, 50,000,000 Reuters Convertible Shares and 50,000,000 CME Convertible Shares. (D) Reuters shall pay up any unpaid amounts on the Initial Share Capital, which shall thereafter be designated as Reuters Shares; (E) each of the Shareholders shall subscribe and pay in cash for the number and class of shares at the subscription price set opposite its name in the table below: Reuters 7,000,000 Reuters Shares £ 1 Reuters 100 Reuters Preference Shares £ 1 CME 7,000,000 CME Shares £ 1 CME 100 CME Preference Shares £ 1 Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. The omissions have been indicated by asterisks (“*****”), and the omitted text has been filed separately with the Securities and Exchange Commission. (F) Reuters shall procure that the Company allots and issues such Shares and Preference Shares credited as fully paid to the Shareholders, that each of the Shareholders is entered into the register of members in respect of the relevant numbers of Shares and Preference Shares and that the Company issues share certificates to each of the Shareholders in respect of the Shares and Preference Shares allotted to them; (G) Subject to clause 8.3 (Consultation), Reuters shall appoint three individuals as Reuters Directors and CME shall appoint three individuals as CME Directors, and Reuters and CME shall jointly appoint the Management Director, each in accordance with the Articles of Association; (H) Xxxx Xxxxxx and Xxxx Xxxx shall resign as directors of the Company and Xxxxxxxxx Xxxxxxx shall resign as the secretary of the Company (to the extent that they are not re-appointed pursuant to clause 4.2(G) or othe...

Establishment of the Company. Forthwith upon the execution of this Agreement each of the Original Shareholders shall itself take or (as appropriate) shall cause to be taken at directors' meetings and shareholders meetings of the Company the following steps in the following order:-

Establishment of the Company. The Partners will form, immediately after the date hereof, a Swedish limited liability company subject to the terms of this Agreement and in accordance with the Companies Act. The Partners shall promptly register the Company in accordance with the applicable laws of Sweden. The Company’s Articles of Association shall be substantially in the form set out in Schedule 3.1 and shall reflect the provisions of this Agreement (the "Articles of Association"). Notwithstanding inconsistencies between the Articles of Association on the one hand and the provisions of this Agreement on the other hand, the provisions of this Agreement shall prevail solely as between the parties.

Establishment of the Company. The Company is an exempted company with limited liability duly established and validly existing in Cayman Island.

Establishment of the Company. Prior to the execution of this Agreement, the Shareholders have established a Delaware corporation, and accordingly will cause amendments to the corporation's organizational documents as follows:

Establishment of the Company. 1.1 The Company will be established as an independent legal entity in the form of limited liability company under the laws of the PRC. The Company shall be liable to any third party (including government authorities) only to the extent of the Company’s own assets. MPS shall have no liability for any losses, debts, liabilities or other obligations of the Company beyond its contribution to the Company’s Registered Capital (as defined below). 1.2 The Company will have a total investment of approximately twelve million US dollars (USD12,000,000) (hereinafter “Total Investment”), of which five million US dollars (USD5,000,000) will be the registered capital to be contributed by MPS (hereinafter “Registered Capital”). The specific amount of the Company’s Total Investment and Registered Capital will be stipulated in the articles of association of the Company (hereinafter “AA”). 1.3 Notwithstanding any other provisions herein, the difference between the Registered Capital and the Total investment may, at the sole discretion of the Company, be financed by the Company through bank or shareholder’s loans or other debt financing. In any event, neither the Company nor MPS shall have any obligation whatsoever to make up such difference with further capital contribution or by any other means. 1.4 The Registered Capital shall be contributed by MPS in the form of cash, equipment and/or intellectual property rights, as specified in the AA. 1.5 Of the initial installment of the Registered Capital (USD750,000) three hundred thousand US dollars (USD300,000) shall be contributed by MPS within three (3) months after the Establishment Date (as defined below). The contribution schedule of the remaining four hundred fifty thousand US dollars (USD450,000) may be extended for another nine (9) months upon MPS’ application, and the Committee shall ensure to secure, on behalf of MPS, the necessary government approvals required for such extension. The balance of the Registered Capital of USD4,250,000, will be contributed within three (3) years after the Establishment Date. 1.6 MPS shall have no obligation to contribute the Registered Capital unless and until: (1) the execution of this Contract, the Land Use Rights Purchase Contract, the Factory Lease and Purchase Agreement, the Utilities Service Contracts, all as defined below, in a form and substance satisfactory to MPS and/or the Company; (2) the legal establishment of the Company and the issuance of its Business License; (3) the Compa...

Establishment of the Company. 4.1 Establishment of the Company In accordance with the Joint Venture Law and other relevant and officially promulgated PRC laws and regulations, the Parties hereby agree to establish the Company pursuant to the terms of this Contract. The Company shall be a legal person under the laws of the PRC subject to the protection and jurisdiction of PRC law. 4.2 Name and Address of the Company (a) The name of the Company shall be “LightPath CDGM (Chengdu) Optical Co. Ltd.” in English and in Chinese. “LightPath CDGM (Chengdu) Optical Co. Ltd.” (b) The legal address of the Company shall be Xx 00 Xx Xxx Xxxxxx, Xxxx-Xxx Xxxx Xxxx, Xxxxxxx Xxxxxxxxxxxx, Xxxxxxx Xxxxxxxx, the People’s Republic of China.

Establishment of the Company. The Parties agree to form, and by this Agreement do form, the Company for the purposes of conducting the Licensed Business, directly and/or through its Subsidiaries, including the WFOEs, in multiple locations in the Territory.