Common use of Organization, Qualification and Power Clause in Contracts

Organization, Qualification and Power. The Transferor is a limited liability company which is lawfully incorporated and validly existing under the laws of the P.R.C. The Transferor has the full powers and authorities regarding its ownership and use of the Transferred Domain Names. The Transferor has not violated in any material aspect any of its organizational or governance documents or contracts, and any and all amendments thereto, or any resolutions made by its board of directors, shareholders’ meetings or any other decision-making bodies.

Appears in 4 contracts

Samples: Domain Name Transfer Agreement (Youdao, Inc.), Domain Name Transfer Agreement (Youdao, Inc.), Domain Name Transfer Agreement (Youdao, Inc.)

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Organization, Qualification and Power. The Transferor is a limited liability company which is lawfully incorporated and validly existing under the laws of the P.R.C. The Transferor has the full powers and authorities regarding its ownership and use of the Transferred Domain NamesAssets. The Transferor has not violated in any material aspect any of its organizational or governance documents or contracts, and any and all amendments thereto, or any resolutions made by its board of directors, shareholders’ meetings or any other decision-making bodies.

Appears in 4 contracts

Samples: Assets Transfer Agreement (Youdao, Inc.), Assets Transfer Agreement (Youdao, Inc.), Assets Transfer Agreement (Youdao, Inc.)

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