Examples of PRC Counsel in a sentence
Cowen shall have received from (i) Shearman & Sterling LLP, U.S. counsel for Cowen, and (ii) Jingtian & Gongcheng, PRC Counsel for Cowen, such opinions and negative assurance letters, as applicable, on or before the date on which the delivery of the Company Counsel Legal Opinions are required pursuant to Section 7(n), with respect to such matters as Cowen may reasonably require, and the Company shall have furnished to such counsel such documents as they request for enabling them to pass upon such matters.
On the Closing Date, the Placement Agent shall have received the favorable opinion and negative assurance letter from Pryor Cashman LLP, outside counsel for the Company, and the favorable opinion of Conyers, British Virgin Islands counsel, and Beijing Hankun LLP, PRC Counsel for the Company, in each case, dated the Closing Date and addressed to the Placement Agent, substantially in form and substance reasonably satisfactory to the Placement Agent.
The printout of the document doesn't allow you to review all of the content and this is problematic for the reviewers that don't have access to computers.
As advised by PRC Counsel, Zhong Xin Law Office, the exploration rights to the Fanqiao Mine and Zhouji Mine had not been obtained through proper legal procedures as the transactions were undervalued.
We note your response to prior comment 11 regarding the fact that the Company and PRC Counsel are of the view that the risk of material loss from the lack of timely obtaining licenses and permits is remote.