Common use of No Governmental Prohibition Clause in Contracts

No Governmental Prohibition. the issue of the Subscription Securities by the Issuer and the subscription of the Subscription Securities by the Subscriber shall not be prohibited by any law or governmental order or regulation and the Subscriber shall have obtained government approvals or consent for subscription of the Subscription Securities from the Ministry of Commerce, the National Development and Reform Commission, the State Administration of Foreign Exchange, and State-owned Assets Supervision and Administration Commission, if required.

Appears in 3 contracts

Samples: Subscription Agreement (Semiconductor Manufacturing International Corp), Subscription Agreement (Datang Telecom Technology & Industry Holdings Co., Ltd.), Subscription Agreement (Datang Telecom Technology & Industry Holdings Co., Ltd.)

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No Governmental Prohibition. the issue of the Subscription Securities by the Issuer and the subscription of the Subscription Securities by the Subscriber shall not be prohibited by any law or governmental order or regulation and the Subscriber shall have obtained government approvals or consent for subscription of the Subscription Securities from the Ministry of Commerce, the National Development and Reform Commission, Commission and the State Administration of Foreign Exchange, and State-owned Assets Supervision and Administration Commission, if required.

Appears in 2 contracts

Samples: Subscription Agreement (Semiconductor Manufacturing International Corp), Subscription Agreement (Xinxin (Hong Kong) Capital Co., LTD)

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