Common use of No Qualification Requirement Clause in Contracts

No Qualification Requirement. It is not necessary under the laws of the Cayman Islands, Hong Kong or the PRC (i) to enable the Underwriters to enforce their rights under this Agreement, to enable any holder of the Shares to enforce their respective rights thereunder, provided that they are not otherwise engaged in business in the Cayman Islands, Hong Kong or the PRC, or (ii) solely by reason of the execution, delivery or consummation of this Agreement, for any of the Underwriters or any holder of Shares of the Company to be qualified or entitled to carry out business in the Cayman Islands, Hong Kong or the PRC.

No Qualification Requirement. It is not necessary under the laws of the Cayman Islands, the PRC or Hong Kong or the PRC (i) to enable the Underwriters to enforce their rights under this Agreement or the Deposit Agreement, to enable any holder of the Shares to enforce their respective rights thereunder, provided that they are not otherwise engaged in business in the Cayman Islands, the PRC or Hong Kong or the PRCKong, or (ii) solely by reason of the execution, delivery or consummation of this Agreement or the Deposit Agreement, for any of the Underwriters or any holder of Shares of the Company to be qualified or entitled to carry out business in the Cayman Islands, the PRC or Hong Kong or the PRCKong.

No Qualification Requirement. It is not necessary under the laws of the Cayman Islands, the PRC or Hong Kong or the PRC (iA) to enable the Underwriters to enforce their rights under this Agreement or the Deposit Agreement, to enable any holder of the Offered Shares to enforce their respective rights thereunder, provided that they are not otherwise engaged in business in the Cayman Islands, the PRC or Hong Kong or the PRCKong, or (iiB) solely by reason of the execution, delivery or consummation of this Agreement or the Deposit Agreement, for any of the Underwriters or any holder of Offered Shares of the Company to be qualified or entitled to carry out business in the Cayman Islands, the PRC or Hong Kong or the PRCKong.