Governmental and Other Permits. 22.1 Each Group Company has all franchises, governmental permits, licenses and any similar authority necessary for the conduct of its business. No Group Company is in default in any material respect under any of such franchises, governmental permits, licenses or other similar authority.
Appears in 4 contracts
Samples: Preferred Share Purchase Agreement (TuSimple Holdings Inc.), Series E Preferred Share Purchase Agreement (TuSimple Holdings Inc.), Securities Purchase Agreement (TuSimple Holdings Inc.)
Governmental and Other Permits. 22.1 Each Group Company has all franchises, governmental permits, licenses and any similar authority necessary for the conduct of its business. No Group Company is in default in any material respect under any of such franchises, governmental Governmental permits, licenses or other similar authority.
Appears in 2 contracts
Samples: Share Purchase Agreement (China Techfaith Wireless Communication Technology LTD), Share Purchase Agreement (China Techfaith Wireless Communication Technology LTD)
Governmental and Other Permits. 22.1 20.1 Each Group Company has all franchises, governmental permits, licenses and any similar authority necessary for the conduct of its business. No Group Company is in default in any material respect under any of such franchises, governmental Governmental permits, licenses or other similar authority.
Appears in 2 contracts
Samples: Preferred Share Purchase Agreement, Preferred Share Purchase Agreement (JIAYUAN.COM International LTD)
Governmental and Other Permits. 22.1 Each Group Company has all franchises, governmental permits, licenses and any similar authority necessary for the conduct of its business. No Group Company is in default in any material respect under any of such franchises, governmental permits, licenses or other similar authority.
Appears in 1 contract
Samples: Preferred Share Purchase Agreement (Kingsoft Internet Software Holdings LTD)
