Investment Certificates. On each occasion after a Party has made a capital contribution to the registered capital of the Company, the Company shall engage an independent accountant registered in the PRC to verify that such contribution has been paid in and to issue a verification report. Upon the issuance of the verification report by the accountant, the Company shall issue to the Party an investment certificate which has been signed by the Chairperson and the Vice-Chairperson of the Company, and which confirms the amount contributed by the Party.
Investment Certificates. The Purchaser shall have received an investment certificate showing the executed transfer of the Equity Interest in its favor.
Investment Certificates. After each installment of the capital contribution is made by QMICC, the JV Company shall issue a contribution certificate to QMICC signed by the Chairman, confirming the amount of capital contribution and ownership of the corresponding Equity Interest by that Party. mCube shall be deemed to have fulfilled its capital contribution obligation upon the successful development of at least one sensor module prototype as listed in Schedule 4 of this JV Contract in the laboratory of the JV Company. Upon the successful development of such prototype, the JV company shall engage a Certified Public Accountant to verify the capital contribution by mCube and then issue a capital contribution verification report. To the extent there is any change in the Equity Interest held by either Party, the JV Company shall issue new investment certificates to the relevant party signed by the Chairman reflecting such change and shall deregister the former investment certificate of such party.
Investment Certificates. Within thirty (30) days after the Parties have made their initial capital contributions, the Company shall engage an accountant registered in China to verify such contributions. Upon the issuance of a verification report by such accountant, the Company shall issue to each contributing Party an interim investment certificate signed by the Chairman evidencing that the contribution was made. The Company may issue such interim investment certificates as each Party makes further capital contributions and the same have been verified by the accountant within thirty (30) after each contribution. Within ten (10) days after the entire registered capital of the Company has been contributed by the Parties, the Company shall request that an accountant registered in China verify each Party’s total contributions and issue a final certificate of verification. Upon receipt of the final certificate of verification from the accountant, the Company shall promptly issue a formal investment certificate to each Party setting forth the aggregate amount of such Party’s contribution(s). After issuance of such formal investment certificate and all register procedures are finished, such Party shall return to the Company for cancellation all of the interim investment certificates previously issued to such Party. Such final investment certificate shall be signed by the Chairman and affixed the seal of the Company.
Investment Certificates. The Company shall retain at its expense an international certified public accountant registered in China and acceptable to the Parties to verify the capital contributions by the Parties and issue a capital verification report. The Company shall then issue investment certificates to each Party evidencing the contributions by each Party on the basis of such report in the following items:
(a) name of the Company;
(b) date of establishment of the Company;
(c) name of the Parties;
(d) contents of the investments;
(e) date of each Party’s contribution;
(f) date of issuance of the certificate of investment.
Investment Certificates. Within thirty (30) days after the Parties have made their initial capital contributions, the Company shall engage an accountant registered in China to verify such contributions. Upon the issuance of a verification report by such accountant, the Company shall issue to each contributing Party an interim investment certificate signed by the Chairman evidencing that the contribution was made. The Company may issue such interim investment certificates from time to time as each Party makes further capital contributions and the same have been verified by the accountant within thirty (30) days after each contribution. Within thirty (30) days after the entire registered capital of the Company has been contributed by the Parties, the Company shall request that an accountant registered in China verify each Party's total contributions and issue a final certificate of verification. Upon receipt of the final certificate of verification from the accountant, the Company shall promptly (but in any event not later than thirty (30) days following the issuance of the final certificate of verification) issue a final investment certificate to each Party setting forth the aggregate amount of such Party's contribution(s). Concurrently with the issuance of such final investment certificate, such Party shall surrender to the Company for cancellation all of the interim investment certificates previously issued to such Party. Such final investment certificate shall be signed by the Chairman and the Vice-Chairman.
Investment Certificates. 5.4.1 Promptly after a contribution by each of the Parties of the registered capital, an accountant registered in China shall be engaged, at the expense of the Joint Venture Company, to verify the respective contribution and issue a contribution verification report. Thereupon, the Joint Venture Company shall, within thirty (30) days after receiving the contribution verification report, issue an investment certificate to each of the Parties signed by the Chairman of the Board and specifying their respective contributions to the registered capital of the Joint Venture Company.
Investment Certificates. After the Parties have each made their capital contributions to the registered capital of the Company, the Company shall engage an accountant registered in China to verify that such contributions have been made and to issue a verification report. Upon the issuance of the verification report by the accountant, the Company shall issue an investment certificate to each Party signed by the Chairman and the Vice-Chairman of the Board of Directors, confirming the amount contributed by such Party.
Investment Certificates. Upon the Parties’ contribution, the Company shall issue to each Party an investment certificate evidencing that the equity interest of the Parties in the Company is 50%, respectively.
Investment Certificates. 5.5.1 The JV Company shall retain, at its expense, an accountant, certified and registered in China and acceptable to the Parties, who promptly shall verify the capital contributions by the Parties and issue a capital verification report to the JV Company. Any capital contribution in the form of cash shall be deemed to have been made on the date on which the relevant amount of cash has been deposited into a bank account in the name of the JV Company.
5.5.2 Within thirty (30) days from receipt of the capital verification report, the JV Company shall issue investment certificates to each Party evidencing the contributions by each Party on the basis of such report. The certificates shall CHINA EQUITY JOINT VENTURE CONTRACT be signed by the Chairman and the Vice-Chairman of the Board and sealed with the JV Company’s seal. Each investment certificate shall indicate the following: the name of the JV Company; the Establishment Date; the names of the Parties; amount of the capital contribution and the date on which such contribution was made; the certificate’s date of issue. A copy of the investment certificate shall be submitted to the Examination and Approval Authority for the record. The General Manager shall maintain a file of all capital verification reports and copies of all investment certificates that have been issued to the Parties.
