Common use of Payments in Foreign Currency Clause in Contracts

Payments in Foreign Currency. Except as disclosed in the General Disclosure Package, under current laws and regulations of the Cayman Islands, Hong Kong, the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars that may be converted into foreign currency and freely transferred out of the Cayman Islands, Hong Kong and the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong or the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and the PRC or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in the Cayman Islands, Hong Kong the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 2 contracts

Samples: Underwriting Agreement (Home Inns & Hotels Management Inc.), Underwriting Agreement (Home Inns & Hotels Management Inc.)

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Payments in Foreign Currency. Except as disclosed in the General Disclosure PackagePackage and the Final Prospectus, under current laws and regulations of the Cayman Islands, Hong Kong, the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars that may be converted into foreign currency and freely transferred out of the Cayman Islands, Hong Kong and Kong, the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong or Kong, the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and Kong, the PRC or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization Governmental Authorization in the Cayman Islands, Hong Kong Kong, the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 2 contracts

Samples: Underwriting Agreement (Tudou Holdings LTD), Underwriting Agreement (Chemspec International LTD)

Payments in Foreign Currency. Except as disclosed in the Registration Statement, General Disclosure PackagePackage and Final Prospectus, under current laws and regulations of the Cayman Islands, Hong Kong, Islands and the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars or any other currency that may be converted into foreign currency United State dollars and freely transferred out of the Cayman Islands, Hong Kong Islands and the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong Islands or the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, Islands and the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong Islands and the PRC or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in the Cayman Islands, Hong Kong Islands and the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Underwriting Agreement (China Ming Yang Wind Power Group LTD)

Payments in Foreign Currency. Except as disclosed in the Registration Statement, General Disclosure PackagePackage and Final Prospectus, under current laws and regulations of the Cayman Islands, Hong Kong, Kong and the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars or any other currency that may be converted into foreign currency United State dollars and freely transferred out of the Cayman Islands, Hong Kong and the PRC and all such payments made to holders thereof or therein who are non-residents nonresidents of the Cayman Islands, Hong Kong or the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, Kong and the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and the PRC or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in the Cayman Islands, Hong Kong and the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Underwriting Agreement (Sohu Com Inc)

Payments in Foreign Currency. Except as disclosed in the Registration Statement, General Disclosure PackagePackage and Final Prospectus, under current laws and regulations of the Cayman Islands, Hong Kong, Kong and the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars or any other currency that may be converted into foreign currency United State dollars and freely transferred out of the Cayman Islands, Hong Kong and the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong or the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, Kong and the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and the PRC or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in the Cayman Islands, Hong Kong and the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Underwriting Agreement (Changyou.com LTD)

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the General Disclosure PackagePackage and the Prospectus, under current laws and regulations of the Cayman Islands, Hong Kong, Kong and the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars or any other currency that may be converted into foreign currency United State dollars and freely transferred out of the Cayman Islands, Hong Kong and the PRC and all such payments made to holders thereof or therein who are non-residents nonresidents of the Cayman Islands, Hong Kong or the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, Kong and the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and the PRC or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in the Cayman Islands, Hong Kong and the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Underwriting Agreement (ChinaCache International Holdings Ltd.)

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the General Disclosure PackagePackage and the Final Prospectus, under current laws and regulations of the Cayman Islands, Hong Kong, Kong and the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars that may be converted into foreign currency and may be freely transferred out of the Cayman Islands, Hong Kong and the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong or the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, Kong and the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and the PRC Islands or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in the Cayman Islands, Hong Kong and the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Genetron Holdings LTD

Payments in Foreign Currency. Except as disclosed in the General Disclosure PackagePackage and the Final Prospectus, under current laws and regulations of the Cayman IslandsXxxxxx Xxxxxxx, Hong KongXxxx Xxxx, the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Ordinary Shares underlying the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars that may be converted into foreign currency and freely transferred out of the Cayman Islands, Hong Kong and Kong, the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong or Kong, the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and Kong, the PRC or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental consent, order, permit or other authorization in the Cayman Islands, Hong Kong Kong, the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Underwriting Agreement (Leju Holdings LTD)

Payments in Foreign Currency. Except as disclosed in the General Disclosure PackagePackage and the Final Prospectus, under current laws and regulations of the Cayman Islands, Hong Kong, Islands and the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars that may be converted into foreign currency and freely transferred out of the Cayman Islands, Hong Kong Islands and the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong Islands or the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, Islands and the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and the PRC Islands or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in the Cayman Islands, Hong Kong Islands and the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Underwriting Agreement (Pinduoduo Inc.)

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Payments in Foreign Currency. Except as disclosed in the General Disclosure PackagePackage and the Final Prospectus, under current laws and regulations of the Cayman Islands, Hong Kong, Kong and the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars that may be converted into foreign currency and freely transferred out of the Cayman Islands, Hong Kong and the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong or the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, Kong and the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and the PRC Islands or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in the Cayman Islands, Hong Kong and the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Underwriting Agreement (Canaan Inc.)

Payments in Foreign Currency. Except as disclosed in the Registration Statement, the General Disclosure PackagePackage and the Final Prospectus, under current laws and regulations of the Cayman Islands, Hong Kong, the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Class A Ordinary Shares underlying the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars that may be converted into foreign currency and freely transferred out of the Cayman Islands, Hong Kong and Kong, the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong or Kong, the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and Kong, the PRC or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental consent, order, permit or other authorization in the Cayman Islands, Hong Kong Kong, the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Underwriting Agreement (China Mobile Games & Entertainment Group LTD)

Payments in Foreign Currency. Except as disclosed in the General Disclosure PackagePackage and the Final Prospectus, under current laws and regulations of the Cayman Islands, Hong Kong, the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Ordinary Shares underlying the Offered Securities and the underlying Ordinary Shares may be paid by the Company to the holder thereof in United States dollars that may be converted into foreign currency and freely transferred out of the Cayman Islands, Hong Kong and Kong, the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong or Kong, the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and Kong, the PRC or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental consent, order, permit or other authorization in the Cayman Islands, Hong Kong Kong, the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Underwriting Agreement (Jupai Holdings LTD)

Payments in Foreign Currency. Except as disclosed in the Initial Registration Statement, the General Disclosure PackagePackage and the Final Prospectus, under current laws and regulations of the Cayman Islands, Hong Kong, the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities and the underlying Ordinary Underlying Shares may be paid by the Company to the holder thereof in United States dollars or other currency that may be converted into foreign currency United States dollars and freely transferred out of the Cayman Islands, Hong Kong and the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong or the PRC Islands will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, the PRC Islands or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and the PRC Islands or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in the Cayman Islands, Hong Kong the PRC Islands or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Underwriting Agreement (Sungy Mobile LTD)

Payments in Foreign Currency. Except as disclosed in the General Disclosure PackageOffering Document, under current laws and regulations of the Cayman Islands, Hong Kong, the PRC and any political subdivision thereof, all dividends and other distributions declared and payable on the Offered Securities ADSs representing the Underlying Shares and the underlying Ordinary Shares represented thereby may be paid by the Company Issuer to the holder thereof in United States dollars that may be converted into foreign currency and freely transferred out of the Cayman Islands, Hong Kong and the PRC and all such payments made to holders thereof or therein who are non-residents of the Cayman Islands, Hong Kong or the PRC will not be subject to income, withholding or other taxes under laws and regulations of the Cayman Islands, Hong Kong, the PRC or any political subdivision or taxing authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in the Cayman Islands, Hong Kong and the PRC or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in the Cayman Islands, Hong Kong the PRC or any political subdivision or taxing authority thereof or therein.

Appears in 1 contract

Samples: Purchase Agreement (Home Inns & Hotels Management Inc.)

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