PRC Group Company definition

PRC Group Company means any Group Company which is established under the laws of the PRC.
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PRC Group Company means any of the PRC Company and its Subsidiaries.
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PRC Group Company has the meaning set forth in Section 3.20(a).
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Examples of PRC Group Company in a sentence

  • According to the audited financial statements of Shenzhen Huihai, which was prepared based on the Generally Accepted Accounting Principles of the PRC, the audited net assets value of Shenzhen Huihai as at the Audit and Valuation Reference Date was approximately RMB196.6906 million, and according to the assets valuation of Shenzhen Huihai undertaken by an independent third-party valuer using the asset-based approach, its net assets value was approximately RMB196.6941 million.

  • The capital and organizational structure of each PRC Group Company are valid and in full compliance with relevant PRC Law.

  • Except as contemplated under the Restructuring Documents, there are no outstanding rights or commitments made by any Warrantor to sell any Equity Securities in any PRC Group Company.

  • Except as set forth in the Restructuring Documents and the Disclosure Schedule, there are no options, warrants, conversion privileges or other rights, or agreements with respect to the issuance thereof, presently outstanding to purchase any of the Equity Securities of any PRC Group Company.

  • No other approvals are required to be obtained from and no other filings or registrations are required to be made with SAFE to enable any PRC Group Company to remit dividends or other forms of profits outside of the PRC to the Company in a freely convertible foreign currency.

  • Except as set forth in the Restructuring Documents and their respective Constitutional Documents or as required by applicable Law, no outstanding Equity Securities of any PRC Group Company are subject to any preemptive rights, rights of first refusal or other rights to purchase such Equity Securities (whether in favor of such PRC Group Company or any other Person).

  • None of the Key Officers, directly or indirectly, owns, manages, is engaged in, operates, controls, works for, consults with, renders services for, does business with, maintains any interest in (proprietary, financial or otherwise) or participates in the ownership, management, operation, or control of, any business, whether in corporate, proprietorship or partnership form or otherwise, that is related to the Principal Business or otherwise competes with any PRC Group Company.

  • Except as set forth in the Registration Statement, the Time of Sale Disclosure Package and the Final Prospectus, there are no legal, arbitration or governmental proceedings in progress or pending or, to the best of our knowledge after due and reasonable inquiries, threatened in writing, in the PRC to which the Company, or any PRC Group Company is a party or of which any property of any PRC Group Company is subject.

  • The Articles of Association, business license and other constituent documents of each PRC Group Company comply with the requirements of applicable PRC law and are in full force and effect.

  • All matters of PRC law and practice relating to the Company, each PRC Group Company and their respective businesses and other statements with respect to or involving PRC law set forth in the General Disclosure Package and the Prospectus are correctly set forth therein, and nothing has been omitted from such statements which would make the same misleading in any material respect.

Related to PRC Group Company

  • Group Company means any one of them;

  • Group Companies means the Company and its Subsidiaries.

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • Material Group Company means the Issuer or a Subsidiary representing more than 5.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the net profit of the Group on a consolidated basis according to the latest Financial Report.

  • Target Companies means the Company and its Subsidiaries.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • PRC Entities means the PRC Subsidiaries and the Consolidated Affiliated Entities collectively.

  • PRC Companies means, collectively, all entities listed in Appendix A hereof, and each, a “PRC Company”.

  • Peer Group Companies means the following companies: .

  • Target Group means the Target and its Subsidiaries.

  • Company Group Member means each member of the Company Group.

  • PRC Subsidiaries means all Company Subsidiaries organized under the Laws of the PRC.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • HK Company shall have the meaning ascribed to it in the preamble of this Agreement.

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.

  • PRC Subsidiary means any Subsidiary of the Company organized under the Laws of the PRC.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Company Subsidiary means any Subsidiary of the Company.

  • Buyer Group Member means Buyer and its Affiliates and their respective successors and assigns.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Company Entity means the Company or one of its Subsidiaries.

  • Buyer’s Group means the Buyer, any subsidiary of the Buyer, any holding company of the Buyer and any subsidiary of any holding company of the Buyer, from time to time.

  • Acquired Corporations means the Company and each of its Subsidiaries, collectively.

  • Acquired Entities means the Company and each of its Subsidiaries, collectively.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Purchaser’s Group means the Purchaser, its subsidiaries and subsidiary undertakings, any holding company of the Purchaser and all other subsidiaries of any such holding company from time to time;