Examples of Onshore Companies in a sentence
Upon the completion of such transfer, the Group Member incorporated in Hong Kong shall enter into a trademark licensing agreement with the Onshore Companies to authorize the use of such trademarks by the Onshore Companies.
The execution and performance by each party thereto of each Transaction Document, and the ordinary business operations of each Group Member other than the Onshore Companies, does not give rise to any Tax Liability within the PRC.
To Issuer Parties' best knowledge, the execution and performance by each party thereto of each Transaction Document, and the ordinary business operations of each Group Member other than the Onshore Companies, does not give rise to any Tax Liability within the PRC.
To Owner’s best knowledge, the execution and performance by each party thereto of each Transaction Document, and the ordinary business operations of each Target Member other than the Onshore Companies, does not give rise to any Tax Liability within the PRC.
For the avoidance of doubt (i) references to Tax in this Section 8.02(c) shall not include any Covered Tax and (ii) this Section 8.02(c) shall not apply to any amendment of a Pre-Closing Tax Return made due to a breach by a Seller Company or the Onshore Companies, the WFOE and the Offshore Companies of a representation or warranty set forth in Section 5.16.