Common use of Filing and Consents Clause in Contracts

Filing and Consents. Each of the Seller, the Seller's Shareholder and the Group Companies, on the one hand, and the Buyer, on the other hand, shall use all commercially reasonable efforts to obtain and to cooperate in obtaining any consent, approval, authorization or order of, and in making any registration or filing with, any Governmental Authority or other Person required in connection with the execution, delivery or performance of this Agreement, including any filings pursuant to (i) the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended; or any other antitrust regulation, (ii) the Securities Act and Exchange Act, and (iii) any other applicable filings or consents. To the extent feasible under applicable PRC laws and regulations, the Seller's Shareholder (including the Chinese resident who obtains the shares of the Seller after the execution of this Agreement) shall complete all necessary filings or registrations, or obtain all necessary approvals, as required by the State Administration for Foreign Exchange ("SAFE") after the Closing Date. The Seller and the Seller's Shareholder hereby agree that, with respect to the Acquired Business Shareholder that is a PRC resident and the Seller's Shareholder (including the Chinese resident who obtains the shares of the Seller after the execution of this Agreement) (each a "SAFE Registrant"), unless and until Buyer has received sufficient documentation to its satisfaction that such SAFE Registrant has completed all necessary filings or registrations required to comply with the rules and regulations of SAFE, the Seller shall not release any FM Ordinary Shares to any such SAFE Registrant or to dispose of any FM Ordinary Shares by any methods.

Appears in 2 contracts

Samples: Sahre Purchase Agreement (Focus Media Holding LTD), Sahre Purchase Agreement (Focus Media Holding LTD)

AutoNDA by SimpleDocs

Filing and Consents. Each of the Seller, the Seller's ’s Shareholder and the Group Companies, on the one hand, and the Buyer, on the other hand, shall use all commercially reasonable efforts to obtain and to cooperate in obtaining any consent, approval, authorization or order of, and in making any registration or filing with, any Governmental Authority or other Person required in connection with the execution, delivery or performance of this Agreement, including any filings pursuant to (i) the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended; or any other antitrust regulation, (ii) the Securities Act and Exchange Act, and (iiiii) any other applicable filings or consents. To the extent feasible under applicable PRC laws and regulations, the Seller's ’s Shareholder (including the Chinese resident who obtains the shares of the Seller after the execution of this Agreement) shall complete all necessary filings or registrations, or obtain all necessary approvals, as required by the State Administration for Foreign Exchange ("SAFE") after the Purchase Closing Date. The Seller and the Seller's ’s Shareholder hereby agree that, with respect to the Acquired Business Shareholder that is a PRC resident and the Seller's ’s Shareholder (including the Chinese resident who obtains the shares of the Seller after the execution of this Agreement) (each a "SAFE Registrant"), unless and until Buyer has received sufficient documentation to its satisfaction that such SAFE Registrant has completed all necessary filings or registrations required to comply with the rules and regulations of SAFE, the Seller shall not release any FM Ordinary Shares to any such SAFE Registrant or to dispose of any FM Ordinary Shares by any methods.

Appears in 1 contract

Samples: Share Purchase Agreement (Focus Media Holding LTD)

AutoNDA by SimpleDocs

Filing and Consents. Each of the Seller, the Seller's Shareholder and the Group Companies, on the one hand, and the Buyer, on the other hand, shall use all commercially reasonable efforts to obtain and to cooperate in obtaining any consent, approval, authorization or order of, and in making any registration or filing with, any Governmental Authority or other Person required in connection with the execution, delivery or performance of this Agreement, including any filings pursuant to (i) the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended; or any other antitrust regulation, (ii) the Securities Act and Exchange Act, and (iiiii) any other applicable filings or consents. To the extent feasible under applicable PRC laws and regulations, the Seller's Shareholder (including the Chinese resident who obtains the shares of the Seller after the execution of this Agreement) shall complete all necessary filings or registrations, or obtain all necessary approvals, as required by the State Administration for Foreign Exchange ("SAFE") after the Purchase Closing Date. The Seller and the Seller's Shareholder hereby agree that, with respect to the Acquired Business Shareholder that is a PRC resident and the Seller's Shareholder (including the Chinese resident who obtains the shares of the Seller after the execution of this Agreement) (each a "SAFE Registrant"), unless and until Buyer has received sufficient documentation to its satisfaction that such SAFE Registrant has completed all necessary filings or registrations required to comply with the rules and regulations of SAFE, the Seller shall not release any FM Ordinary Shares to any such SAFE Registrant or to dispose of any FM Ordinary Shares by any methods.

Appears in 1 contract

Samples: Share Purchase Agreement (Focus Media Holding LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.