Common use of State-Owned Assets Clause in Contracts

State-Owned Assets. None of the assets of any Group Company constitute state-owned assets and, inasmuch, are not required to undergo any form of valuation under applicable Law in the PRC governing the transfer of state-owned assets prior to the consummation of the transactions contemplated herein or in any other Transaction Documents.

Appears in 4 contracts

Samples: Share Purchase Agreement (Adagene Inc.), Share Purchase Agreement (Adagene Inc.), Share Purchase Agreement (Adagene Inc.)

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State-Owned Assets. None of the assets of any Group Company constitute state-owned assets and, inasmuch, are not required to undergo any form of valuation under applicable Applicable Law in the PRC governing the transfer of state-owned assets prior to the consummation of the transactions contemplated herein or in any other Transaction Documents.

Appears in 3 contracts

Samples: Share Purchase Agreement (Adagene Inc.), Share Purchase Agreement (Adagene Inc.), Series B Preferred Share Purchase Agreement (China Lodging Group, LTD)

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