Common use of Other Representations and Warranties relating to the WFOE and the Domestic Company Clause in Contracts

Other Representations and Warranties relating to the WFOE and the Domestic Company. (a) The Constitutional Documents and Permits of each of the WFOE and the Domestic Company are valid and have been duly approved or issued by, or filed with (as applicable) the competent authorities of the jurisdiction of its incorporation or organization. (b) Unless otherwise disclosed in Section 4.26(b) of the Disclosure Schedule and except for those contemplated under the Transaction Documents, there are no outstanding rights, or commitments made by any of the WFOE or the Domestic Company to sell any of its equity interest, and none of the outstanding equity interest in the WFOE or the Domestic Company is subject to any preemptive rights, rights of first refusal or other rights to purchase such shares (whether in favor of such subsidiaries or any other persons). (c) There are no outstanding commitments made by any of the WFOE or the Company to sell any of its assets, properties or business to any third party. (d) None of the WFOE or the Domestic Company has any share option plan. (e) None of the WFOE or the Domestic Company has delegated any power or issued any powers of attorney in favor of any Person, other than powers of attorney issued to its directors, officers, or employees for purpose of executing contracts or agreements for and on behalf of the WFOE or the Domestic Company, as the case may be, in the ordinary course of business.