Common use of HK Subsidiary Clause in Contracts

HK Subsidiary. The HK Subsidiary was formed solely to acquire and hold Equity Securities in the WFOE and since its formation has not engaged in any other business and has not incurred any liability in the course of its business of acquiring and holding its Equity Securities in the WFOE.

Appears in 5 contracts

Samples: Share Purchase Agreement (AiHuiShou International Co. Ltd.), Series E Preferred Share Purchase Agreement (AiHuiShou International Co. Ltd.), Series E Preferred Share Purchase Agreement (AiHuiShou International Co. Ltd.)

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HK Subsidiary. The HK Subsidiary was formed solely to acquire and hold Equity Securities in the WFOE and since its formation has not engaged in any other business and has not incurred any liability Liability in the course of its business of acquiring and holding its Equity Securities in the WFOE.

Appears in 2 contracts

Samples: Share Subscription Agreement (Q&K INTERNATIONAL GROUP LTD), Preferred Share Subscription Agreement (Q&K INTERNATIONAL GROUP LTD)

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