ODI Approvals 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 Series G RMB Investors to make investment in a foreign entity, including but not limited to (1) (x) 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, or (y) filing with the Management Committee in the Free Trade Zone in Shanghai (as the case may be); (2) foreign exchange registeration at an authorized bank; (3) consent by an authorized bank with sufficient swap lines.

ODI Approvals means governmental approvals, filings and registration for conducting overseas investment in accordance with the applicable laws in the PRC, including but not limited to the filing or approval for outbound investment project required by the PRC Development and Reform Department or its local authority, the filing or approval for outbound investment required by the PRC Ministry of Commerce or its local authority, the foreign exchange registration with respect to the outbound investment required by the foreign exchange authority.

ODI Approvals 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 Series G RMB Investors to make investment in a foreign entity, including but not limited to (1) (x) 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, or (y) filing with the Management Committee in the Free Trade Zone in Shanghai (as the case may be); (2) foreign exchange registration at an authorized bank; (3) consent by an authorized bank with sufficient swap lines.

Examples of ODI Approvals in a sentence

At any time but no later than three (3) business days when the Investor (1) has obtained the ODI Approvals and (2) has paid the full amount of Subscription Price in Yougu Shanghai, the Series G Per Share Price for such Investor shall be adjusted from US$0.001 to US$29.802044.2.6 Subscription in the JV.
However, the Purchaser shall not be deemed to have breached this Agreement if it is unable to perform its obligation to purchase the Purchased Shares pursuant to this Agreement due to failure to obtain necessary ODI Approvals.
The Investor shall have obtained all approvals, filings or registrations from the Governmental or Regulatory Authority (including but not limited to the ODI Approvals) in relation to the transaction contemplated hereunder.
No Consent is required to be obtained by the Purchaser in connection with the authorization, execution and delivery of any of the Transaction Agreements or with the subscription for the Shares, except such consents, approvals, authorizations, registrations or qualifications as may be required by the relevant Chinese Governmental Authorities, including the ODI Approvals.
If, upon the expiration of six (6) months from the date when the WFOE has received such Onshore Deposit, the Investor fails to obtain the ODI Approvals as set forth in Section 5(h) and Section 6(d), the Investor may notify the Company and the WFOE of such situation in writing.

More Definitions of ODI Approvals

ODI Approvals means the applicable consents, waivers, permits, approvals, notice, orders, licenses, authorizations, registrations, qualifications, designations, declarations or filings with respect to outbound direct investment from competent Governmental Authorities of the PRC (including the National Development and Reform Commission of the PRC, the Ministry of Commerce of the PRC, the State Administration of Foreign Exchange of the PRC or their applicable local counterparts and authorized agencies) in respect of and/or for the purpose of the transactions contemplated under this Agreement (including the equity funding by or to an Investor by its shareholders or beneficial owners).

ODI Approvals means (i) the receipt of Project Registration Notice (《项目备案通知书》) (or any equivalent document as amended/renamed) issued by NDRC, (ii) the receipt of Enterprise Overseas Direct Investment Certificate (《企业境外投资证书》) (or any equivalent document as amended/renamed) issued by MOFCOM and (iii) (A) the completion of the registration with a PRC bank designated by SAFE and the receipt of the Business Registration Certificate (《业务登记凭证》) (or any equivalent document as amended/renamed) authorizing the conversion of an amount of RMB into US dollars equal to relevant amount of the purchase price of each applicable Investor and the remittance of such purchase price out of the PRC, or (B) to the extent permitted by the PRC Laws, other applicable documents allowing or achieving the result of the due payment of such purchase price in US dollars.

ODI Approvals means (i) the receipt of Project Registration Notice (《项目备案通知书》) (or any equivalent document as amended/renamed) issued by NDRC, (ii) the receipt of Enterprise Overseas Direct Investment Certificate (《企业境外投资证书》) (or any equivalent document as amended/renamed) issued by MOFCOM and (iii) (A) the completion of the registration with a PRC bank designated by SAFE and the receipt of the Business Registration Certificate (《业务登记凭证》) (or any equivalent document as amended/renamed) authorizing the conversion of an amount of RMB into US$and the remittance of such amount out of the PRC, or (C) to the extent permitted by the PRC Law, other official certifications or evidence that are reasonably satisfactory to the Company, authorizing or achieving the result of the payment of the aforesaid RMB amount in US$.

ODI Approvals means the examination, approval and/or recordal procedures required by the relevant PRC governmental authorities with respect to the overseas investment by an enterprise established under the laws of the PRC, including without limitation approvals from competent authorities in charge of the overseas investment by PRC entities and the registrations with competent Ministry of Commerce of the People’s Republic of China, National Development and Reform Commission and State Administration of Foreign Exchange office (if applicable).

ODI Approvals means, with respect to a Person, a filing receipt issued by the competent local branch of the National Development and Reform Committee of the PRC, an overseas investment certificate issued by the competent local branch of the Ministry of Commerce of the PRC, a foreign exchange registration receipt stamped by a competent bank as designated by the State Administration of Foreign Exchange or its competent local branch in the PRC, in each case with respect to the overseas direct investment to be made by such Person.

ODI Approvals means all necessary approvals, filings or registrations with the Governmental Authorities in the PRC in connection with the purchase of the Additional Shares by the Additional Subscribers, including the approvals from competent authorities in charge of the overseas investment by PRC entities and the registrations with competent SAFE office or banks.