Common use of Representations and Warranties by Party A Clause in Contracts

Representations and Warranties by Party A. Party A hereby represents and warrants to Party B that: 7.1 It is a limited liability company duly registered and lawfully existing under PRC Laws with independent legal personality, has full and independent legal status and capacity to execute, deliver and perform this Agreement and may xxx or be sued as an independent party. 7.2 It has full internal corporate power and authority to execute and deliver this Agreement and all other documents to be executed by it in connection with the transactions contemplated hereunder as well as full power and authority to consummate the transactions contemplated hereunder. This Agreement will be lawfully and duly executed and delivered by it, and will constitute its legal and binding obligations enforceable against it in accordance with its terms. 7.3 It shall timely inform Party B of any circumstance which has or is likely to have a material adverse effect on Party A Business or operation thereof and shall use its best efforts to prevent the occurrence of such circumstance and/or the expansion of losses. 7.4 Without written consent of Party B, Party A will not dispose of its material assets or change its current shareholding structure in whatsoever manner.

Representations and Warranties by Party A. Party A hereby represents and warrants to Party B that: 7.1 7.1. It is a limited liability company duly registered and lawfully existing under PRC Laws with independent legal personality, has full and independent legal status and capacity to execute, deliver and perform this Agreement and may xxx or be sued as an independent party. 7.2 7.2. It has full internal corporate power and authority to execute and deliver this Agreement and all other documents to be executed by it in connection with the transactions contemplated hereunder as well as full power and authority to consummate the transactions contemplated hereunder. This Agreement will be lawfully and duly executed and delivered by it, and will constitute constitutes its legal and binding obligations obligations, enforceable against it in accordance with its termsthe terms hereof. 7.3 7.3. It shall timely inform Party B of any circumstance which has or is likely to have a material adverse effect on Party A A’s Business or operation thereof and shall use its best efforts to prevent the occurrence of such circumstance and/or the expansion of losses. 7.4 7.4. Without written consent of Party B’s written consent, Party A will not dispose of its material assets or change its current shareholding structure in whatsoever manner.

Representations and Warranties by Party A. Party A hereby represents and warrants to Party B that: 7.1 It is a limited liability company duly registered and lawfully validly existing under PRC Laws with independent legal personality, has full and independent legal status and capacity to execute, deliver and perform this Agreement and may xxx or be sued as an independent party. 7.2 It has full internal corporate power and authority to execute and deliver this Agreement and all other documents to be executed by it in connection with the transactions contemplated hereunder as well as full power and authority to consummate the transactions contemplated hereunder. This Agreement will be lawfully and duly executed and delivered by it, and will constitute its legal and binding obligations enforceable against it in accordance with its terms. 7.3 It shall timely inform Party B of any circumstance which has or is likely to have a material adverse effect on Party A Business or operation operations thereof and shall use its best efforts to prevent the occurrence of such circumstance and/or the expansion of losses. 7.4 Without written consent of Party B, Party A will not dispose of its material assets or change its current shareholding structure in whatsoever manner.

Representations and Warranties by Party A. Party A hereby represents and warrants to Party B that: 7.1 7.1. It is a limited liability company duly registered and lawfully existing under PRC Laws with independent legal personality, has full and independent legal status and capacity to execute, deliver and perform this Agreement and may xxx or be sued as an independent party. 7.2 7.2. It has full internal corporate power and authority to execute and deliver this Agreement and all other documents to be executed by it in connection with the transactions contemplated hereunder as well as full power and authority to consummate the transactions contemplated hereunder. This Agreement will be lawfully and duly executed and delivered by it, and will constitute its legal and binding obligations enforceable against it in accordance with its terms. 7.3 7.3. It shall timely inform Party B of any circumstance which has or is likely to have a material adverse effect on Party A Business or operation thereof and shall use its best efforts to prevent the occurrence of such circumstance and/or the expansion of losses. 7.4 7.4. Without written consent of Party B, Party A will not dispose of its material assets or change its current shareholding structure in whatsoever manner.

Representations and Warranties by Party A. Party A hereby represents and warrants to Party B that: 7.1 7.1. It is a limited liability company duly registered and lawfully existing under PRC Laws with independent legal personality, has full and independent legal status and capacity to execute, deliver and perform this Agreement and may xxx or be sued as an independent party.. ​ ​ 7.2 7.2. It has full internal corporate power and authority to execute and deliver this Agreement and all other documents to be executed by it in connection with the transactions contemplated hereunder as well as full power and authority to consummate the transactions contemplated hereunder. This Agreement will be lawfully and duly executed and delivered by it, and will constitute constitutes its legal and binding obligations obligations, enforceable against it in accordance with its termsthe terms hereof. 7.3 7.3. It shall timely inform Party B of any circumstance which has or is likely to have a material adverse effect on Party A A’s Business or operation thereof and shall use its best efforts to prevent the occurrence of such circumstance and/or the expansion of losses. 7.4 Without written consent of Party B, Party A will not dispose of its material assets or change its current shareholding structure in whatsoever manner.