Common use of No PRC Liability of Depositary Clause in Contracts

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.)

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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.)

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