Common use of SAFE Registration Clause in Contracts

SAFE Registration. Each Founder shall, and each Warrantor shall use its best efforts to cause the Founders and any other person participating the ESOP who is a PRC resident and beneficially holds any Equity Securities in the Company to, at the expense of the Founders or such person, fully comply with all requirements of the PRC Governmental Authorities with respect to his or her holding of Equity Securities in the Company on a continuing basis (including, but not limited to, all reporting obligations imposed by and all Approvals, permits, filings, registrations and updates of registration required by the SAFE Rules and Regulations and the PRC Governmental Authorities in connection therewith).

Appears in 3 contracts

Samples: Follow on Series E Preferred Share Purchase Agreement (AiHuiShou International Co. Ltd.), Series E Preferred Share Purchase Agreement (AiHuiShou International Co. Ltd.), Series E Preferred Share Purchase Agreement (AiHuiShou International Co. Ltd.)

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SAFE Registration. Each Founder shall, and each Warrantor shall use its best efforts to cause the Founders and any other person participating the ESOP who is a PRC resident and beneficially holds any Equity Securities in the Company to, at the expense of the Founders or such personperson (as applicable), fully comply with all requirements of the PRC Governmental Authorities with respect to his or her holding of Equity Securities in the Company on a continuing basis (including, but not limited to, all reporting obligations imposed by and all Approvals, permits, filings, registrations and updates of registration Approvals required by the SAFE Rules and Regulations and the PRC Governmental Authorities in connection therewith).

Appears in 2 contracts

Samples: Share Purchase Agreement (AiHuiShou International Co. Ltd.), Share Purchase Agreement (AiHuiShou International Co. Ltd.)

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