Examples of Domestic Enterprise in a sentence
Except for the Company’s ownership of the PRC Subsidiary and the contractual control of the Domestic Enterprise by the PRC Subsidiary, no Group Company presently owns or controls, directly or indirectly, any interest in any other corporation, partnership, trust, joint venture, association, or other entity.
The Shareholders and Domestic Enterprise hereby collectively and irrevocably grant to Party A or a designee of Party A (the “Designee”) an option to purchase at any time, to the extent permitted under PRC Law, all or a portion of the Equity Interest or Assets in accordance with such procedures as determined by Party A, at the price specified in Section 1.3 of this Agreement (the “Option”).
Upon Pledgee’s request, the Domestic Enterprise shall extend its operation period to sustain the effectiveness of this Agreement.
Party A and the Domestic Enterprise have entered into a certain Amended and Restated Consulting Services Agreement dated January 8, 2014 (the “Consulting Services Agreement”) in connection with the Business.
The business scope specified in the Establishment Documents of the Domestic Enterprise and the PRC Subsidiary complies with the requirements of all applicable PRC laws.