Right and Obligation Assumption Letter Sample Clauses

Right and Obligation Assumption Letter. This entity, , is the subsidiary of Wuba Daojia Co., Ltd.(“Wuba Daojia”), established and registered on (date).The Wuba Daojia possesses % of this entity’s share. In accordance with Exclusive Management Service and Business Cooperation Agreement (“Agreement”) entered into by and between Wuba Daojia, Changsha Daojia Youxiang Network Technology Co., Ltd. and other relevant parties, this entity shall join the Agreement according to Article 10.3 of the Agreement as the new subsidiary of Party B under this Agreement. This entity agrees to join the Agreement as a new Subsidiary of the Wuba Daojia, enjoy rights under the Agreement, and perform obligations according to the Agreement. This Assumption Letter came into effect upon the date of execution. [ ] (Official Seal) Signature of Legal Representative:
Sample 1Sample 2
AutoNDA by SimpleDocs
Right and Obligation Assumption Letter. This entity, , is the subsidiary of BGY Education Investment Management Co., Ltd. (“Investor”), established and registered on (date).The Investor possesses % of this entity’s share. In accordance with Exclusive Management Service and Business Cooperation Agreement (“Agreement”) entered into by and between Investor, Zhuhai Hengqin Bright Scholar Management Consulting Co., Ltd. and other relevant parties on January 25, 2017, this entity shall join the Agreement according to Article 10.1 of the Agreement as a new subsidiary of Party B under this Agreement. This entity agrees to join the Agreement as a new Subsidiary of Party B of the Investor, enjoy rights under the Agreement, and perform obligations according to the Agreement. This Assumption Letter came into effect upon the date of execution. Signature of Legal Representative:
Sample 1Sample 2
Right and Obligation Assumption Letter. This entity, , is the subsidiary of Tianjin Haodaojia Information Technology Co., Ltd. (“Haodaojia”), established and registered on (date). The Haodaojia possesses % of this entity’s share. In accordance with Exclusive Management Service and Business Cooperation Agreement (“Agreement”) entered into by and between Tianjin Haodaojia Information Technology Co., Ltd., Tianjin Wuba Daojia Information Technology Co., Ltd. and other relevant parties, this entity shall join the Agreement according to Article 10.3 of the Agreement as the new subsidiary of Party B under this Agreement. This entity agrees to join the Agreement as a new Subsidiary of the Haodaojia, enjoy rights under the Agreement, and perform obligations according to the Agreement. This Assumption Letter came into effect upon the date of execution. [ ] (Official Seal) Signature of Legal Representative:
Sample 1Sample 2
Right and Obligation Assumption Letter. This entity, , is the subsidiary of Changsha Daojia Youxiang Home Service Co., Ltd. (“Youxiang Home Service”), established and registered on (date). The Youxiang Home Service possesses % of this entity’s share. In accordance with Exclusive Management Service and Business Cooperation Agreement (“Agreement”) entered into by and between Youxiang Home Service, Changsha Daojia Youxiang Network Technology Co., Ltd. and other relevant parties, this entity shall join the Agreement according to Article 10.3 of the Agreement as the new subsidiary of Party B under this Agreement. This entity agrees to join the Agreement as a new Subsidiary of the Youxiang Home Service, enjoy rights under the Agreement, and perform obligations according to the Agreement. This Assumption Letter came into effect upon the date of execution. [ ] (Company Seal) Signature of Legal Representative:
Sample 1Sample 2
Right and Obligation Assumption Letter. This entity, , is the subsidiary of Guangzhou Qili Technology Co., Ltd. (“Guangzhou Qili Technology”), established and registered on (date).The Guangzhou Qili Technology possesses % of this entity’s share. In accordance with Exclusive Management Service and Business Cooperation Agreement (“Agreement”) entered into by and between Guangzhou Qili Technology, Guangzhou Qixiang Technology Co., Ltd. and other relevant parties, this entity shall join the Agreement according to Article 10.3 of the Agreement as the new subsidiary of Party B under this Agreement. This entity agrees to join the Agreement as a new Subsidiary of the Guangzhou Qili Technology, enjoy rights under the Agreement, and perform obligations the Agreement. This Assumption Letter came into effect upon the date of execution. [ ] Signature of Legal Representative: Date:
Sample 1
Right and Obligation Assumption Letter. This entity, , is the subsidiary of Beijing Lebai Education Consulting Co., Ltd. (Beijing Lebai), established and registered on (date). Beijing Lebai possesses % of this entity’s share. In accordance with Exclusive Business Cooperation Agreement (“Agreement”) entered into by and between Beijing Lebai, Beijing Lebai Information Consulting Co., Ltd. And other relevant parties, this entity shall join the Agreement according to Article 10.1 of the Agreement as the new subsidiary of Party B under this Agreement. This entity agree to join the Agreement as a new subsidiary of Party B, enjoy rights under the Agreement, and perform obligations according to the Agreement. This Assumption Letter came into effect upon the date of execution. [ ] Signature of Legal Representative: Date:
Sample 1
Right and Obligation Assumption Letter. This entity, , is the subsidiary of Beijing Yiqi Education Information Consultation Co., Ltd. (“Beijing Yiqi Consultation”), established and registered on (date).The Beijing Yiqi Consultation possesses % of this entity’s share. In accordance with Exclusive Management Service and Business Cooperation Agreement (“Agreement”) entered into by and between Beijing Yiqi Consultation, Guangzhou Qixuan Education Technology Co., Ltd. and other relevant parties, this entity shall join the Agreement according to Article 10.3 of the Agreement as the new subsidiary of Party B under this Agreement. This entity agrees to join the Agreement as a new Subsidiary of the Beijing Yiqi Consultation, enjoy rights under the Agreement, and perform obligations the Agreement. This Assumption Letter came into effect upon the date of execution. [ ] Signature of Legal Representative: Date:
Sample 1
AutoNDA by SimpleDocs
Right and Obligation Assumption Letter. This entity, , is the subsidiary of Beijing Yiqi Education Technology Development Co., Ltd. (“Beijing Yiqi Development”), established and registered on (date).The Beijing Yiqi Development possesses % of this entity’s share. In accordance with Exclusive Management Service and Business Cooperation Agreement (“Agreement”) entered into by and between Beijing Yiqi Development, Beijing Yiqi Hangfan Technology Co., Ltd. and other relevant parties, this entity shall join the Agreement according to Article 10.3 of the Agreement as the new subsidiary of Party B under this Agreement. This entity agrees to join the Agreement as a new Subsidiary of the Beijing Yiqi Development, enjoy rights under the Agreement, and perform obligations the Agreement. This Assumption Letter came into effect upon the date of execution. [ ] Signature of Legal Representative: Date:
Sample 1
Right and Obligation Assumption Letter. This entity, , is the subsidiary of Beijing Qili Technology Co., Ltd. (“Beijing Qili”), established and registered on (date).The Beijing Qili possesses % of this entity’s share. In accordance with Exclusive Management Service and Business Cooperation Agreement (“Agreement”) entered into by and between Beijing Qili, Guangzhou Qixiang and other relevant parties, this entity shall join the Agreement according to Article 10.3 of the Agreement as the new subsidiary of Party B under this Agreement. This entity agrees to join the Agreement as a new Subsidiary of the Beijing Qili, enjoy rights under the Agreement, and perform obligations the Agreement. This Assumption Letter came into effect upon the date of execution. [ ] Signature of Legal Representative: Date:
Sample 1

Related to Right and Obligation Assumption Letter

  • Absolute Rights and Obligations This is a guaranty of payment and not of collection. The Guarantors’ Obligations under this Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Guaranty Agreement and all Security Instruments to which it is a party by reason of:

  • Assignment of Rights and Obligations (a) Without Owners’ prior written consent, Managing Agent shall not sell, transfer, assign or otherwise dispose of or mortgage, hypothecate or otherwise encumber or permit or suffer any encumbrance of all or any part of its rights and obligations hereunder, and any transfer, encumbrance or other disposition of an interest herein made or attempted in violation of this paragraph shall be void and ineffective, and shall not be binding upon Owners. Notwithstanding the foregoing, Managing Agent may assign its rights and delegate its obligations under this Agreement to any subsidiary of Parent so long as such subsidiary is then and remains Controlled by Parent.

  • Continuing Rights and Obligations After the satisfaction and discharge of this Indenture, this Indenture will continue for (i) rights of registration of transfer and exchange, (ii) replacement of mutilated, destroyed, lost or stolen Notes, (iii) the rights of the Noteholders to receive payments of principal of and interest on the Notes, (iv) the obligations of the Indenture Trustee and any Note Paying Agent under Section 3.3, (v) the rights, obligations and immunities of the Indenture Trustee under this Indenture and (vi) the rights of the Secured Parties as beneficiaries of this Indenture in the property deposited with the Indenture Trustee payable to them for a period of two years after the satisfaction and discharge.

  • Rights and Obligations of Party A I. Rights of Party A

  • Registration Procedures and Obligations Whenever required under this Agreement to effect the Registration of any Registrable Securities held by the Holders, the Company shall, as expeditiously as reasonably possible:

  • Rights and Obligations of Party B 1. Party B’s Rights

  • Independent Nature of Rights and Obligations Nothing contained herein, and no action taken by any party pursuant hereto, shall be deemed to constitute Investor and the Sponsor as, and the Sponsor acknowledges that Investor and the Sponsor do not so constitute, a partnership, an association, a joint venture or any other kind of entity, or create a presumption that Investor and the Sponsor are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Agreement or any matters, and the Sponsor acknowledges that Investor and the Sponsor are not acting in concert or as a group, and the Sponsor shall not assert any such claim, with respect to such obligations or the transactions contemplated by this Agreement.

  • Additional Rights and Obligations If the Company issues securities in its next equity financing (other than a transaction with a strategic partner that involves a financing) within 180 days after the date hereof (the “Next Financing”) that (a) have rights, preferences or privileges that are more favorable than the terms of the Securities, such as price-based anti-dilution protection, or (b) provide all such future investors other contractual terms such as registration rights, the Company shall provide substantially equivalent rights to the Subscriber with respect to the Securities (with appropriate adjustment for economic terms or other contractual rights), subject to such Subscriber’s execution of any documents, including, if applicable, investor rights, co-sale, voting, and other agreements, executed by the investors purchasing securities in the Next Financing (such documents, the “Next Financing Documents”). Notwithstanding anything herein to the contrary, upon the execution and delivery of the Next Financing Documents by Subscriber holding a majority of the then-outstanding Securities, this Subscription Agreement (excluding any then-existing and outstanding obligations) shall be amended and restated by and into such Next Financing Documents and shall be terminated and of no further force or effect.

  • Assumption of Liabilities and Obligations (a) Subject to the provisions of paragraph 7, as of the Closing Date, Broadcasting shall assume and undertake to pay, discharge and perform all the obligations and liabilities of Seller relating to a Station under the Assumed Contracts relating to the time period beginning on or arising out of events occurring on or after the Closing Date. Subject to the LMA, all other obligations and liabilities of Seller, including, without limitation, (i) obligations or liabilities under any contract not included in the Assumed Contracts, (ii) obligations or liabilities under any Assumed Contract for which a consent to assignment, if required, has not been obtained as of the Closing Date, (iii) any obligations and liabilities arising under the Assumed Contracts that relate to the time period prior to the Closing Date and (iv) any forfeiture, claim or pending litigation or proceeding relating to the business or operations of any Station prior to the Closing Date, shall remain and be the obligation and liability solely of Seller. Other than as specified in the first sentence of this paragraph 4, Buyer, directly or indirectly, shall assume no liabilities or obligations of Seller and shall not be liable therefor. If Buyer is liable by operation of law for liabilities of Seller not expressly assumed by Buyer, then Seller shall not be liable to Buyer with respect to such liabilities unless and to the extent Seller is liable to Buyer under Seller's indemnification obligations under paragraph 18. Xx. Xxxxxxx Xxxxxxx Page 5 January 16, 1998

  • Rights and Obligations of Both Parties 5.1 Party A’s rights and Obligations

Time is Money Join Law Insider Premium to draft better contracts faster.