Common use of Obligation of omission Clause in Contracts

Obligation of omission. In order to ensure that Party B and Party B’s Subsidiaries perform any agreements signed with Party A and their obligations to Party A, Party B, Party B’s Subsidiaries and Party C hereby acknowledge and agree that, unless they obtain the prior written consent of Party A or any other parties designated by Party A, Party B and Party B’s Subsidiaries shall not conduct any transactions and actions that may have substantial adverse effects on their assets, business, personnel, obligations, rights or company operations, including but not limited to:

Appears in 14 contracts

Samples: Business Operation Agreement (Sunlands Technology Group), Business Operation Agreement (Sunlands Technology Group), Business Operation Agreement (Sunlands Technology Group)

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Obligation of omission. In order to ensure that Party B and Party B’s Subsidiaries perform any performs the various agreements signed concluded with Party A and their the obligations to Party AA thereunder, Party Bthe Founding Shareholders hereby confirm, Party B’s Subsidiaries agree and Party C hereby acknowledge and agree thatjointly guarantee, unless they obtain without the prior written consent of Party A or any other parties another party designated by Party A, Party B and Party B’s Subsidiaries shall will not conduct any transactions and actions that may have substantial adverse effects on their materially or adversely affect the company’s assets, business, personnel, obligations, rights or company operations, including but not limited toto the following:

Appears in 9 contracts

Samples: Business Operation Agreement (Qiniu Ltd.), Business Operation Agreement (Qiniu Ltd.), Business Operation Agreement (Qiniu Ltd.)

Obligation of omission. In order to ensure that Party B and Party B’s Subsidiaries perform any agreements signed with Party A and their obligations to Party A, Party B, B and Party B’s Subsidiaries and Party C hereby acknowledge and agree that, unless they obtain the prior written consent of Party A or any other parties designated by Party AA and subject to protecting Minority Interests from being infringed upon, Party B and Party B’s Subsidiaries shall not conduct any transactions and actions that may have substantial adverse effects on their assets, business, personnel, obligations, rights or company operations, including but not limited to:

Appears in 1 contract

Samples: Business Operation Agreement (Sunlands Online Education Group)

Obligation of omission. In order to To ensure that Party B and Party B’s Subsidiaries perform any performs the agreements signed concluded with Party A and their the obligations to thereunder towards Party A, Party B, Party B’s Subsidiaries and Party C stockholders hereby acknowledge and agree that, unless they obtain without the prior written consent of Party A or any other parties the Party (Parties) designated by Party A, Party B and will not be engaged in any transaction that may substantially influence Party B’s Subsidiaries shall not conduct any transactions and actions that may have substantial adverse effects on their assets, business, personnel, obligations, rights or company operationsoperations as confirmed by Party A, including but not limited to:

Appears in 1 contract

Samples: Business Operation Agreement (Perfect World Co., Ltd.)

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Obligation of omission. In order to ensure that Party B and Party B’s Subsidiaries perform any performs each of the agreements signed executed with Party A and their each of the obligations to assumed by Party B with Party A, Party B, Party B’s Subsidiaries and Party C the Shareholders hereby acknowledge confirm and agree that, unless they obtain the prior written consent consents of Party A or any other parties as designated by Party AA have been obtained, Party B and Party B’s Subsidiaries shall will not conduct engage in any transactions and actions that which may have substantial adverse effects on their substantially affect the Company’s assets, businessbusinesses, personnel, obligations, rights or company the Company’s operations, including but not limited toto the following contents:

Appears in 1 contract

Samples: Business Operation Agreement (Changyou.com LTD)

Obligation of omission. In order to ensure that Party B and Party B’s Subsidiaries perform any agreements signed with Party A and their obligations to Party A, Party B, B and Party B’s Subsidiaries and Party C hereby acknowledge and agree that, unless they obtain the prior written consent of Party A or any other parties designated by Party A, Party B and Party B’s Subsidiaries shall not conduct any transactions and actions that may have substantial adverse effects on their assets, business, personnel, obligations, rights or company operations, including but not limited to:

Appears in 1 contract

Samples: Business Operation Agreement (Sunlands Online Education Group)

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