No PRC Liability of Depositary. The Depositary will not (absent negligence, bad faith or breach of contract and general principle of agency) be subject to any potential liability under PRC laws for taking any action contemplated in the Deposit Agreement.
Appears in 6 contracts
Samples: Underwriting Agreement (Visionchina Media Inc.), Underwriting Agreement (Home Inns & Hotels Management Inc.), Underwriting Agreement (Home Inns & Hotels Management Inc.)
No PRC Liability of Depositary. The Trustee and the Depositary will not (absent negligence, bad faith or breach of contract and general principle of agency) be subject to any potential liability under PRC laws for taking any action contemplated in the Indenture and the Registration Rights Agreement, in the case of the Trustee, and the Deposit Agreement, in the case of the Depositary.
Appears in 1 contract
Samples: Purchase Agreement (Home Inns & Hotels Management Inc.)