Common use of Increase of Subsidiaries of Party B Clause in Contracts

Increase of Subsidiaries of Party B. If Subsidiaries of Party B increase at any time after effectiveness of this Agreement, Party B and Party C shall cause such new subsidiary to sign the Right and Obligation Assumption Letter listed in Appendix III or other legal documents permitted or required by the PRC laws to make such new subsidiary to enjoy and undertake all the rights and obligations under this Agreement as those of Subsidiaries of Party B hereunder. As of the date of execution of such Right and Obligation Assumption Letter or other legal documents, the new subsidiary should be deemed as a party to this Agreement. Other Parties of the Agreement hereby agree with such arrangements.

Increase of Subsidiaries of Party B. If If, at any time after the effective date of this agreement, any new Subsidiaries of Party B increase at any time after effectiveness of this Agreementare added, Party B and Party C shall cause such new subsidiary Subsidiary to sign confirmation letter of which the format and contents of Right and Obligation Assumption Letter listed in Appendix III or other legal documents permitted or required by the PRC laws to make such new subsidiary to enjoy and undertake all the rights and obligations under this Agreement as those of Subsidiaries of Party B hereunder. As of the date of execution signature of such Right and Obligation Assumption Letter or other legal documents, the new subsidiary should be deemed as a one party to this Agreement. Other Parties of the Agreement hereby agree with such arrangements.

Increase of Subsidiaries of Party B. If Subsidiaries of Party B increase increased at any time after effectiveness of this Agreement, Party B and Party C shall cause such new subsidiary to sign confirmation letter of which the format and contents of Right and Obligation Assumption Letter listed in Appendix III or other legal documents permitted or required by the PRC laws to make such new subsidiary to enjoy and undertake all the rights and obligations under this Agreement as those of Subsidiaries of Party B hereunder. As of the date of execution signature of such Right and Obligation Assumption Letter or other legal documents, the new subsidiary should be deemed as a one party to this Agreement. Other Parties of the Agreement hereby agree with such arrangements.

Increase of Subsidiaries of Party B. If Subsidiaries of Party B increase increased at any time after effectiveness of this Agreement, Party B and Party C shall cause such new subsidiary to sign the Right and Obligation Assumption Letter listed in Appendix III confirmation letter or other legal documents permitted or required by the PRC laws to make such new subsidiary to enjoy and undertake all the rights and obligations under this Agreement as those of Subsidiaries of Party B hereunder. As of the date of execution signature of such Right and Obligation Assumption Letter confirmation letter or other legal documents, the new subsidiary should be deemed as a one party to this Agreement. Other Parties of the Agreement hereby agree with such arrangements.