Examples of China Online Assets in a sentence
None of SINA, SINA WFOE, Beijing SINA, any China Online Company or any of the China Online Assets is subject to any Governmental Order (nor, to the knowledge of SINA after due inquiry, are there any such Governmental Orders threatened to be imposed by any Governmental Authority) which has had a China Online Material Adverse Effect or could affect the legality, validity or enforceability of this Agreement, any Ancillary Agreement or the consummation of the transactions contemplated hereby or thereby.
At all times since the Balance Sheet Date, China Online has caused the China Online Assets to be maintained in accordance with good business practice, and all the physical China Online Assets are in good operating condition and repair and are suitable for the purposes for which they are used and intended to be used.
The China Online Companies have good and marketable title to, or, in the case of leased China Online Assets, valid and subsisting leasehold interests in, all the China Online Assets, free and clear of all Encumbrances, except Permitted Encumbrances.
There are no Actions by or against any China Online Company or by or against SINA or any Affiliate thereof relating to the China Online Business or China Online Assets or affecting SINA’s or its Affiliates’ ability to perform their respective obligations under this Agreement or any Ancillary Agreement, pending before any Governmental Authority (or, to the knowledge of SINA after due inquiry, threatened to be brought by or before any Governmental Authority).
Each such China Online Permit is included in the China Online Assets.
SINA has made available to CRIC prior to the date hereof a true and complete copy of each permit, certificate, license, consent, franchise, waiver or authorization of any Governmental Authority (each, a “China Online Permit”) obtained or possessed by China Online in respect of the China Online Business or the China Online Assets, each of which is listed in Section 3.15 of the SINA Disclosure Schedule.