NDRC Registration Clause Samples
The NDRC Registration clause requires that certain transactions or agreements be registered with the National Development and Reform Commission (NDRC) of China. In practice, this means that parties involved in cross-border financing or major investment projects must submit relevant documentation to the NDRC for approval or record-filing before proceeding. This process ensures regulatory oversight and compliance with Chinese government policies, helping to legitimize the transaction and mitigate the risk of regulatory challenges or penalties.
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NDRC Registration. Use reasonable best efforts and take all such necessary and desirable actions to obtain the NDRC Debt Issue Registration Certificate in accordance with the NDRC Circular and deliver to the Purchaser a certified true copy of the same within 12 months after the First Closing Date, including without limitation cooperating with and providing any information requested by the NDRC in connection therewith diligently and in a timely manner and refraining from any action or omission that would hinder or obstruct the NDRC from issuing or the Company from obtaining the NDRC Debt Issue Registration Certificate.
NDRC Registration. The Company has completed the filing of foreign debt with respect to the offering described in the Preliminary Prospectus, the Time of Sale Information and the Prospectus and obtained a certificate on November 2, 2018 from the NDRC evidencing such registration in accordance with the NDRC Notice.