Common use of On Completion Clause in Contracts

On Completion. The Vendor shall meet the following requirements: (a) The Vendor shall get all necessary consents permits and approval (whether governmental, regulatory or otherwise) as may be required in respect of the transferring of the Sale Interests from the relevant PRC governmental authorities, including but not limited to the ratification from the PRC foreign trade economic bureau or the provincial foreign trade economic department and the Vendor shall inform the Purchaser all the relevant letters, the ratification documents and other relevant documents; (b) Each of the Vendor shall jointly and/or severally ( as the case may be ) deliver or procure the delivery to the Purchaser of all the following: (i) all constitutional documents, contracts, minute books and records (which shall be written up to date as at Completion); (ii) copies of the business license, the name of the shareholders, the copies of the shareholders' identity card, the structure of the shareholding and financial statements of the Company; (iii) other documents, letters and material which the Purchaser may require; (c) The Vendor shall hold a shareholder meeting approving the following items according to the Purchaser's requirements: (i) the sale and purchase of the Sale Interests; (ii) the Transferable Note; (iii) amending the constitution of the Company according to the Purchaser; (d) The Vendor shall complete the change procedures regards to the Sale Interests in relevant Commercial and Industrial bureau and inform the Purchaser all the relevant letters, ratification documents and other relevant documents regards to the above the change procedures..

Appears in 2 contracts

Samples: Option Contract (Financial Telecom Limited Usa Inc), Option Contract (Financial Telecom Limited Usa Inc)

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On Completion. The Vendor Vendors shall meet the following requirements: (a) The Vendor Vendors shall get all necessary consents permits and approval (whether governmental, regulatory or otherwise) as may be required in respect of the transferring sale and purchase of the Sale Interests from the relevant PRC British Virgin Islands' governmental authorities, including but not limited to the ratification from the PRC foreign trade economic bureau or the provincial foreign trade economic department and the Vendor Vendors shall inform the Purchaser all the relevant letters, the ratification documents and other relevant documents; ; (b) In relation to Clause 3.2 (a), the Vendors shall give and shall procure that the Purchaser and/or any persons authorized by it in writing will be given such access to the premises and all books, documents, title deeds, records, returns, approvals, correspondence and accounts of the Company and its subsidiaries and all such information relating to the Company as may be reasonably requested by or on behalf of the Purchaser to undertake and conduct a full due diligence (including but without limitation, in all legal, financial and commercial aspects) against the Company and be permitted to take copies of any such books, documents, title deeds, records and accounts and that the directors and employees of the Company shall be instructed to give promptly all such information and explanations to any such persons as aforesaid as may be requested by it or them. (c) Each of the Vendor Vendors shall jointly and/or severally ( as the case may be ) deliver or procure the delivery to the Purchaser of all the following: : (i) all constitutional documents, contracts, minute books and records (which shall be written up to date as at Completion); ; (ii) copies of the business license, the name of the shareholders, the copies of the shareholders' identity card, the structure of the shareholding and financial statements of the Company; ; (iii) other documents, letters documentsi(cent)letters and material which the Purchaser may require; ; (cd) The Vendor Vendors shall hold a shareholder meeting approving the following items according to the Purchaser's requirements: : (i) the sale and purchase of the Sale Interests; (ii) the Transferable Note; (iiiii) amending the constitution of the Company according to the Purchaser; ; (de) The Vendor Vendors shall complete the change procedures regards to the Sale Interests in relevant Commercial and Industrial bureau and inform the Purchaser all the relevant letters, ratification documents and other relevant documents regards to the above the change procedures..

Appears in 1 contract

Samples: Contract for Sale and Purchase of Certain Interest in Registered Capital (Financial Telecom Limited Usa Inc)

On Completion. The Vendor Vendors shall meet the following requirements: (a) The Vendor Vendors shall get all necessary consents permits and approval (whether governmental, regulatory or otherwise) as may be required in respect of the transferring sale and purchase of the Sale Interests from the relevant PRC PRC' governmental authorities, including but not limited to the ratification from the PRC foreign trade economic bureau or the provincial foreign trade economic department and the Vendor Vendors shall inform the Purchaser all the relevant letters, the ratification documents and other relevant documents; (b) Each of the Vendor Vendors shall jointly and/or severally ( as the case may be ) deliver or procure the delivery to the Purchaser of all the following: : (i) all constitutional documents, contracts, minute books and records (which shall be written up to date as at Completion); (ii) copies of the business license, the name of the shareholders, the copies of the shareholders' identity card, the structure of the shareholding and financial statements of the Company; (iii) other documents, letters and material which the Purchaser may require; ; (c) The Vendor Vendors shall hold a shareholder meeting approving the following items according to the Purchaser's requirements: : (i) the sale and purchase of the Sale Interests; (ii) the Transferable Note; Convertible Note and the future shareholding transfering; (iii) amending the constitution of the Company according to the Purchaser; ; (d) The Vendor Vendors shall complete the change procedures regards to the Sale Interests in relevant Commercial and Industrial bureau and inform the Purchaser all the relevant letters, ratification documents and other relevant documents regards to the above the change procedures..

Appears in 1 contract

Samples: Contract for Sale and Purchase of Convertible Note and Certain Interest in the Registered Capital (Financial Telecom Limited Usa Inc)

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On Completion. The Vendor Vendors shall meet the following requirements: (a) The Vendor Vendors shall get all necessary consents permits and approval (whether governmental, regulatory or otherwise) as may be required in respect of the transferring of the Sale Interests from the relevant PRC governmental authorities, including but not limited to the ratification from the PRC foreign trade economic bureau or the provincial foreign trade economic department and the Vendor Vendors shall inform the Purchaser all the relevant letters, the ratification documents and other relevant documents; (b) Each of the Vendor Vendors shall jointly and/or severally ( (as the case may be be) deliver or procure the delivery to the Purchaser of all the following: : (i) all constitutional documents, contracts, minute books and records (which shall be written up to date as at Completion); (ii) copies of the business license, the name of the shareholders, the copies of the shareholders' identity card, the structure of the shareholding and financial statements of the Company; (iii) other documents, letters and material which the Purchaser may require; ; (c) The Vendor Vendors shall hold a shareholder meeting approving the following items according to the Purchaser's requirements: : (i) the sale and purchase of the Sale Interests; (ii) the Transferable Note; ; (iii) amending the constitution of the Company according to the Purchaser; ; (d) The Vendor Vendors shall complete the change procedures regards to the Sale Interests in relevant Commercial and Industrial bureau and inform the Purchaser all the relevant letters, ratification documents and other relevant documents regards to the above the change procedures..

Appears in 1 contract

Samples: Option Contract (Financial Telecom Limited Usa Inc)

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