PRC Approvals definition

PRC Approvals means any consent or approval by the PRC governmental and regulatory authorities necessary to consummate the transactions contemplated hereby, including but not limited to the approval by or registration with the State Administration of Foreign Exchange of the PRC.

PRC Approvals means the filings with and/or approvals of CIRC and NDRC and the completion of the outbound investment related foreign exchange filing with the relevant bank authorized by SAFE required with respect to the consummation of the Transactions.

PRC Approvals means any approvals required to be obtained from Governmental Entities in the People’s Republic of China in order for the Parent and the Purchaser to complete the transactions contemplated by this Agreement.

Examples of PRC Approvals in a sentence

• Each of the PRC Subsidiaries is in compliance with the provisions of all such Approvals, and there is no notice of any modification, suspension, or revocation of any Approvals and we have no reason to believe that any PRC Authority is considering modifying, suspending or revoking any such PRC Approvals.

• Subject to receipt of the PRC Approvals, Buyer has, or will at Closing have, sufficient cash in Dollars readily available to enable it to consummate the Transactions, and there is not, nor will there be, any restriction on the use of such cash for such purpose.

• The Purchaser has and will have sufficient unconditional funds (including with respect to the PRC Approvals) to enable it to pay the Purchase Price at the Closing and comply with its obligations under this Agreement.

• The PRC Approvals are the only approvals currently anticipated by the Offeror to be required by Government Authorities in the People’s Republic of China in connection with the transactions contemplated by this Agreement.

• No waiver, consent, approval, order or authorization of any Governmental Entity is required to be obtained by either of Tongling, CRCC or the Offeror in connection with the execution and delivery of this Agreement or, other than PRC Approvals, the consummation of the Contemplated Transactions.

More Definitions of PRC Approvals

PRC Approvals means all filings, applications, consents and approvals required under the Laws of the People’s Republic of China to complete the $194 million investment contemplated in this Agreement, and includes the filings, applications, consents and approvals set out in Schedule 1.1;

PRC Approvals means the approval of the National Development and Reform Commission of the People’s Republic of China, the Ministry of Commerce of the People’s Republic of China and the State Administration of Foreign Exchange of the People’s Republic of China to the payment of the Consideration;

PRC Approvals means, collectively, all required approvals, notices and/or reporting related to the filing and notification requirements to: (i) the Shandong Development and Reform Commission; (ii) the Department of Commerce of Shandong of the People’s Republic of China; and (iii) SAFE and its branches.

PRC Approvals means, collectively, all required approvals, notices and/or reporting related to the filing and notification requirements to: (i) the Shandong Development and Reform Commission; (ii) the Department of Commerce of Shandong of the People’s Republic of China; and (iii) the State Administration of Foreign Exchange of the People’s Republic of China and its branches.

PRC Approvals means all Authorizations required to be obtained from any Governmental Entity of the People’s Republic of China or any other Person in China whose Authorization is required in order to permit the subscription for and issuance of the Subscription Shares contemplated by this Agreement, including without limitation, the approvals of the National Development and Reform Commission, the State Administration of Foreign Exchange and Ministry of Commerce of the Republic of China, and/or their provincial or municipal departments or counterparts thereof;

PRC Approvals means any filings with, applications to, or consents or approvals from, Governmental Entities in the People’s Republic of China, including the Ministry of Commerce, the National Development Reform Commission, the State Administration for Foreign Exchange, the State-owned Assets Supervision and Administration Commission, and equivalent authorities in the Province of Anhui;

PRC Approvals means the approval of the National Development and Reform Commission of the People’s Republic of China, the Ministry of Commerce of the People’s Republic of China and the State Administration of Foreign Exchange of the People’s Republic of China to the payment of the Share Consideration;