Common use of No Prohibition; Authorizations Clause in Contracts

No Prohibition; Authorizations. No provision of any applicable Laws prohibits or shall prohibit the consummation of any transactions contemplated by the Transaction Documents. All Consents of any competent Governmental Authority or of any other Person that are required to be obtained by any Group Company in connection with the consummation of the transactions contemplated by the Transaction Documents (including but not limited to those related to the lawful issuance and sale of the Subscribed Shares and the Conversion Shares, and any waivers of notice requirements, rights of first refusal, preemptive rights, put or call rights), including necessary board and shareholder approvals of the Group Companies, shall have been duly obtained and effective as of the Closing, and evidence thereof shall have been delivered to the Investor.

Appears in 4 contracts

Samples: Preferred Share Subscription Agreement, Preferred Share Subscription Agreement (YY Inc.), Preferred Share Subscription Agreement (HUYA Inc.)

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No Prohibition; Authorizations. No provision of any applicable Laws prohibits or shall prohibit the consummation of any transactions contemplated by the Transaction Documents. All Consents of any competent Governmental Authority or of any other Person that are required to be obtained by any Group Company or YY in connection with the consummation of the transactions contemplated by the Transaction Documents (including but not limited to those related to the lawful issuance and sale of the Subscribed Shares and the Conversion Shares, and any waivers of notice requirements, rights of first refusal, preemptive rights, put or call rights), including necessary board and shareholder approvals of the Group Companies, shall have been duly obtained and effective as of the Closing, and evidence thereof shall have been delivered to the Investor.

Appears in 2 contracts

Samples: Series a Preferred Share Subscription Agreement (YY Inc.), Series a Preferred Share Subscription Agreement (HUYA Inc.)

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