Common use of Validity of Approvals Clause in Contracts

Validity of Approvals. Each of the Group Companies shall, and the Founders and the Key Holders shall cause each of the Group Companies to, at all times maintain the validity of, and comply with all legal and regulatory requirements with respect to, the Approvals that it has obtained and shall be obtained after the Closing for the conduct of its Business.

Appears in 2 contracts

Samples: Series a Convertible Preferred Shares Purchase Agreement (Jupai Holdings LTD), Series a Convertible Preferred Shares Purchase Agreement (Jupai Holdings LTD)

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Validity of Approvals. Each of the Group Companies shall, and the Founders and the Key Holders Founding Shareholders shall cause each of the Group Companies to, at all times maintain the validity of, and comply with all legal and regulatory requirements with respect to, the Approvals that it has obtained and shall be obtained after the Closing for the conduct of its Business.

Appears in 2 contracts

Samples: Series a Convertible Preferred Shares Purchase Agreement (Jupai Holdings LTD), Series a Convertible Preferred Shares Purchase Agreement (Jupai Holdings LTD)

Validity of Approvals. Each of the Group Companies shall, and the Founders and the Key Holders Controlling Shareholder shall cause each of the Group Companies to, in all material respects, at all times maintain the validity of, and comply with all the legal and regulatory requirements with respect to, the Approvals and Permits that it has obtained and shall be obtained after the Closing for its qualification for its then current or intended Business (other than any portion of the conduct of its BusinessBusiness that the Company will not maintain as approved pursuant to the Shareholders’ Agreement and the Amended M&AA).

Appears in 1 contract

Samples: Series a Share Purchase Agreement (NaaS Technology Inc.)

Validity of Approvals. Each of the Group Companies shall, and each of the Founders Warrantors and the Key Holders Partnerships shall use its best efforts to cause each of the Group Companies to, at all times maintain the validity of, and comply with all legal and regulatory requirements with respect to, the Approvals that it has obtained and shall be obtained obtain after the Closing for the conduct of its Businessbusiness.

Appears in 1 contract

Samples: Series C Preferred Shares Purchase Agreement (Cango Inc.)

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Validity of Approvals. Each of the Group Companies shall, and the Founders Founder and the Key Holders Controlling Shareholder shall cause each of the Group Companies to, in all material respects, at all times maintain the validity of, and comply with all the legal and regulatory requirements with respect to, the Approvals and Permits that it has obtained and shall be obtained after the Closing for its qualification for its then current or intended Business (other than any portion of the conduct of its BusinessBusiness that the Company will not maintain as approved pursuant to the Shareholders’ Agreement and the Amended M&AA).

Appears in 1 contract

Samples: Series a Share Purchase Agreement (NaaS Technology Inc.)

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