Common use of Land Use Rights Clause in Contracts

Land Use Rights. None of the Group Companies owns or has legal or equitable title or other right or interest in any real property other than the land use rights (the “Land Use Rights”) held by the Group Companies as set forth in Schedule 3.27 or as held pursuant to Lease. True and complete copies of the certificates evidencing the Land Use Rights have been delivered to Buyer or its agents or professional advisers and any land grant premium required under applicable Law in connection with securing such Land Use Rights has been fully paid. None of the land with respect to which the Land Use Rights relate constitutes arable land that has been converted to other uses. The particulars of the Land Use Rights as set out in Schedule 3.27 are true and complete.

Land Use Rights. None of the Group Companies owns or has legal or equitable title or other right or interest in any real property other than the land use rights (the “Land Use Rights”) held by the Group Companies as set forth in Section 3.23 of the Disclosure Schedule 3.27 or as held pursuant to Lease. True and complete copies of the certificates evidencing the Land Use Rights have been delivered to Buyer Purchaser or its agents or professional advisers and any land grant premium required under applicable Law in connection with securing such Land Use Rights has been fully paid. None of the land with respect to which the Land Use Rights relate constitutes arable land that has been converted to other uses. The particulars of the Land Use Rights as set out in Section 3.24 of the Disclosure Schedule 3.27 are true and complete.

Land Use Rights. None of the Group Companies owns or has legal or equitable title or other right or interest in any real property other than the land use rights (the “Land Use Rights”) held by the Group Companies as set forth in Schedule 3.27 or as held pursuant to Lease2.23. True and complete copies of the certificates evidencing the Land Use Rights have been delivered to Buyer VisionChina or its agents or professional advisers and any land grant premium required under applicable Law in connection with securing such Land Use Rights has been fully paid. None of the land with respect to which the Land Use Rights relate constitutes arable land that has been converted to other uses. The particulars of the Land Use Rights as set out in Schedule 3.27 2.23 are true and completecomplete in all material respects.