Examples of Chinese Subsidiary in a sentence
Notwithstanding anything in this Agreement to the contrary, all representations and warranties with respect to any matter related to the Chinese Subsidiary, including, without limitation, any representation or warranty regarding the grant, creation, attachment, perfection or enforceability of a security interest in any of the PRC Shares are subject to the satisfaction of and obtaining the Required Approvals and compliance with applicable laws as to the PRC Shares.
Directly or indirectly enter into or permit to exist any material transaction with any Affiliate of Borrower except for (i) transactions that are in the ordinary course of Borrower’s business, upon fair and reasonable terms that are no less favorable to Borrower than would be obtained in an arm’s length transaction with a non-affiliated Person; and (ii) transactions with Chinese Subsidiary pursuant to transfer pricing arrangements consistent with past practices and in the ordinary course of business.
Ltd., Singapore, another overseas subsidiary of your Company and its Chinese Subsidiary, Heilongjiang AVT Bio-Products Ltd., have been kept at the Registered Office of your Company for inspection by shareholders.
The Recipient further understands that, under local law, such repatriation of the proceeds will be effectuated through a special exchange control account established by the Company or a Chinese Subsidiary, and the Recipient hereby consents and agrees that any proceeds received in connection with the Plan will be transferred to such special account prior to being delivered to the Recipient.
Participant further understands that, under local law, such repatriation of cash proceeds may need to be effectuated through a special exchange control account established by the Company and/or its Chinese Subsidiary, and Participant hereby consents and agrees that any proceeds from the sale of any Shares Participant acquires may be transferred to such special account prior to being delivered to Participant.