Common use of Qualified Public Offering Clause in Contracts

Qualified Public Offering. At the request of the Preferred Majority (as defined in the Shareholders Agreement), the Company, the Key Holders shall use their best effort to consummate a Qualified Public Offering. The Key Holders shall ensure that, prior to the commencement of Qualified Public Offering by the Company, each entity described above and its respective shareholders are in compliance with such requirements in all respects and that there is no barrier to repatriation of profits, dividends and other distributions from the WFOE (or any successor entity) to the Company.

Appears in 4 contracts

Samples: Series D Preferred Share Purchase Agreement (Itui International Inc.), Series D Preferred Share Purchase Agreement (Itui International Inc.), Series D Preferred Share Purchase Agreement (Itui International Inc.)

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