ODI Approval definition

ODI Approval means, in connection with the transactions contemplated by this Agreement, the approvals from the competent PRC Governmental Authorities (including the PRC National Development and Reform Commission or its local counterpart, the PRC Ministry of Commerce or its local counterpart, the State Administration of Foreign Exchange or its local counterpart, and the related foreign exchange bank), which are required under PRC Laws with respect to the overseas investment by an enterprise registered within the territory of the PRC.
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ODI Approval means the registrations, approvals and filings with competent Governmental Authorities in PRC in relation to outbound direct investment of enterprises.
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ODI Approval means any applicable PRC regulatory approvals for consummation of the transactions as contemplated under the Hanfor Option Agreement and the Hanfor Supplementary Agreement;
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Examples of ODI Approval in a sentence

  • The Purchaser shall have duly obtained the ODI Approval and documentation evidencing the same shall have delivered to the Company to its satisfaction.

  • Each party shall use his or its commercially reasonable efforts (without incurring any cost by such party) to cooperate with each Investor Member in connection with such Investor Member’s application for any ODI Approval required for its consummation of the transactions contemplated by this Agreement, the Merger Agreement and the other agreements entered into in connection therewith.

  • All ODI Approval in connection with the consummation of the transactions contemplated by this Agreement shall have been duly completed and obtained by the Purchaser as of the Closing, and the evidence of the aforesaid ODI Approval shall be delivered to the Company.

  • This Agreement and the rights and obligations herein may not be assigned by any party without the written consent of the other parties, except that the CIIF Investor shall be entitled, upon or prior to the Closing Date and without consent of the other parties, to assign all (but not part) of its rights and obligations under this Agreement to its wholly owned subsidiary identified in the ODI Approval.

  • It is understood that the Buyer intends to obtain all ODI Approvals before the date on which the Third Tranche Consideration is due and payable hereunder; provided that the Buyer Parties’ obligations under this Section 2.7(b) is not conditioned on the receipt of any ODI Approval.

  • All ODI Approval in connection with the consummation of the transactions contemplated by this Agreement in connection with the Purchaser’s investment hereunder shall have been duly completed and obtained by the Purchaser, the evidence of which shall be provided to the Company for its review and record.

  • Except for the ODI Approval to be obtained by the CIIF Investor prior to the Closing, no consent, approval, order or authorization of, or registration, qualification, designation, declaration or filing with, any Governmental Authority or any third party on the part of the Purchaser is required in connection with the consummation of the transactions contemplated by this Agreement or any other agreement contemplated hereby.

  • Withdrawal Upon [REDACTED] (i.e. if the ODI Approval is Not Yet Completed Upon Successful [REDACTED]) Immediately prior to an [REDACTED] of securities of any member of the Group, if, in the formal written opinion of the [REDACTED] advisers, not obtaining the ODI approvals will materially and adversely affect the [REDACTED], the parties shall effect a withdrawal of the Series C Chinese Investors by effecting certain specific steps as outlined in the stockholder agreement.

  • With respect to each RMB Investor, such RMB Investor shall have completed the ODI Approval, and such RMB Investor shall have delivered the documents evidencing its completion of the ODI Approval.

  • The Seller shall provide the Purchaser with all information related to the ODI Approval as may be reasonably requested by the Purchaser for the purpose of obtaining the ODI Approval.


More Definitions of ODI Approval

ODI Approval means all applicable approvals, consents and registrations of the
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ODI Approval means all consents, approvals, or registrations, qualifications, or filings by or with any Governmental Authority or any third party that are required to be obtained by the RMB Investors to make investment in a foreign entity, including but not limited to (i) filing or approval by the National Development and Reform Commission or its local counterparts and filing or approval by the Ministry of Commerce or its local counterparts, and (ii) foreign exchange registration at an authorized bank; (iii) consent by an authorized bank with sufficient swap lines.
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ODI Approval means outbound direct investment and foreign exchange approvals from the applicable PRC governmental authorities (i.e., (i) the National Development and Reform Commission of the PRC or its competent local counterparts, (ii) the Ministry of Commerce of the PRC or its competent local counterparts, and (iii) SAFE or its competent local counterparts, including the banks designated thereof) in connection with investments by (a) Tianjin Kangyue Business Management Partnership (Limited Partnership) 天津康悦企业管理合伙企业（有限合伙）, (b) CCB (Beijing) Investment Fund Management Co., Ltd. 建信（北京）投资基金管理有限责任公司 and (c) Wxxx Xxxxxxxxxxxxxxx Investment Partnership (Limited Partnership) 无锡惠宏赢康投资合伙企业（有限合伙） (such entities in the foregoing clauses (a) through (c), the “ODI Sponsors”) in Parent and participation of the Transaction, to the extent necessary and applicable.
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ODI Approval has the meaning set forth in the Convertible Loan Agreement.
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ODI Approval means, if applicable and required by the Legal Requirements, all consents, approvals, registrations, reports, qualifications, or filings by or with any PRC Governmental Authority or an authorized bank that are required to be obtained by Purchaser Parent or Purchaser in relation to its outbound direct investment in and acquisition of the Company, including (i) filing or approval by, or report to the National Development and Reform Commission or its local counterparts and filing or approval by, or report to the Ministry of Commerce or its local counterparts; and (ii) foreign exchange registration at an authorized bank.
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ODI Approval means all applicable approvals, consents and registrations of the competent authorities of the PRC government required for outbound direct investment by enterprises in the PRC, including: (i) approval and/or filing of outbound direct investment projects handled by the National Development and Reform Commission of the PRC or its local counterparts;
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Related to ODI Approval

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • HSR Approval means expiration of all applicable waiting periods under the HSR Act (including any voluntary agreed extensions) or earlier termination thereof.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • FCC Approval means the FCC’s grant of the FCC Applications, including any grants by operation of law; provided that the possibility that an appeal, request for stay, or petition for rehearing or review by a court or administrative agency may be filed with respect to such grant, or that the FCC may reconsider or review such grant on its own authority, shall not prevent such grant from constituting FCC Approval for purposes of the Plan.

  • MAA Approval means approval of an MAA by the applicable Regulatory Authority for marketing and sale of a Product in the Collaborator Territory, but excluding any Pricing and Reimbursement Approval.

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.

  • Price Approval means, in any country where a Governmental Authority authorizes reimbursement for, or approves or determines pricing for, pharmaceutical products, receipt (or, if required to make such authorization, approval or determination effective, publication) of such reimbursement authorization or pricing approval or determination (as the case may be).

  • NDA Approval means the Approval of an NDA by the FDA for a Product in the U.S.

  • Works Approval means this Works Approval numbered W5914/2015/1 and issued under the Act; and

  • Prior Approval means written ap- proval by an authorized official evi- dencing prior consent.

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Special Approval means approval by a majority of the members of the Conflicts Committee.

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;

  • Requisite Regulatory Approvals has the meaning set forth in Section 7.01(b).

  • Regulatory Approval means any and all approvals (including MAA Approval, and Pricing and Reimbursement Approval, if applicable), licenses, registrations, permits, notifications and authorizations (or waivers) of any Regulatory Authority that are necessary for the manufacture, use, storage, import, transport, promotion, marketing, distribution, offer for sale, sale or other commercialization of a Product in any country or jurisdiction.

  • Development approval means a document from a governmental entity which authorizes the commencement of a development.

  • Final Approval means the Court’s order granting final approval of the Settlement.

  • Government Approval means any authorization, consent, approval, waiver, exception, variance, order, exemption, publication, filing, declaration, concession, grant, franchise, agreement, permission, permit, or license of, from or with any Governmental Authority, the giving notice to, or registration with, any Governmental Authority or any other action in respect of any Governmental Authority.

  • Conditional approval means a time-limited status that results when an approved nursing education program has failed to maintain requirements as set forth in this chapter.

  • Key Regulatory Approvals means those sanctions, rulings, consents, orders, exemptions, permits and other approvals (including the lapse, without objection, of a prescribed time under a statute or regulation that states that a transaction may be implemented if a prescribed time lapses following the giving of notice without an objection being made) of Governmental Entities as set out in Schedule C hereto;

  • Initial approval means authorization to admit students and enter into contractual agreements for clinical facilities. It is granted only after an application has been submitted, reviewed and a survey visit made by the Board. No students shall be admitted to the program until the institution has received written notification that initial approval has been granted. Failure to comply will delay initial approval.

  • Marketing Approval means all approvals, licenses, registrations or authorizations of the Regulatory Authority in a country, necessary for the manufacture, use, storage, import, marketing and sale of a Product in such country.

  • Regulatory Approvals means any registrations, licenses, authorizations, permits or approvals issued by any Governmental Authority and applications or submissions related to any of the foregoing.

  • Regulatory Approval Application means any application submitted to an appropriate Regulatory Authority seeking any Regulatory Approval.

  • Approval means the written consent of the Authority.