Common use of Litigation and Compliance with Law Clause in Contracts

Litigation and Compliance with Law. 18.1 There is no civil, criminal, arbitration, administrative or other proceeding to which a Group Company is a party (either as plaintiff or defendant) that is currently ongoing, pending or, to the knowledge of the Warrantors, threatened. 18.2 Each Group Company has conducted its business in all material respects in accordance with all Applicable Laws (including all applicable anti-bribery and/or anti-corruption laws) and any terms and conditions set out in its material Permits (including its business licence, if applicable). 18.3 During the three (3) years prior to the date on which this Warrantors’ Warranty is given, no Group Company has received any notice regarding any investigation disciplinary proceeding by any Government Authorities.

Appears in 4 contracts

Samples: Subscription Agreement (Youdao, Inc.), Subscription Agreement (Youdao, Inc.), Subscription Agreement (Youdao, Inc.)

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