PRC Law definition

PRC Law means the then-effective laws, administrative regulations, administrative rules, local regulations, judicial interpretations and other binding regulatory documents of the PRC.

PRC Law means the then valid laws, administrative regulations, administrative rules, local regulations, judicial interpretations and other binding regulatory documents of the People’s Republic of China.

PRC Law means all applicable laws, regulations, rules, orders, decrees, guidelines, judicial interpretations and other legislations of the PRC in effect and available to the public on the date of this Opinion;

Examples of PRC Law in a sentence

• The Shareholder agrees to grant the Company or the Designee(s) hereby irrevocably and without any additional conditions with a Call Option, under which the Company or the Designee(s) shall have the right to require the Shareholder to transfer the Option Equity to the Company or the Designee(s) in such method as set out herein and as permitted by PRC Law.

• In the latter case, the Company shall have the right to exercise its Call Option at multiple times in line with the gradual deregulation of PRC Law on the permitted Shareholding Limit, with a view to ultimately acquiring all the Option Equity.

• But if the lowest price permitted by the then-effective PRC Law is higher than the above capital contribution, the Transfer Price shall be the lowest price permitted by the PRC Law.

• But if the lowest price permitted by the then-effective PRC Law is higher than the net book value of the Transferred Assets, the Transfer Price shall be the lowest price permitted by the PRC Law.

• Pursuant to such Asset Purchase Option, the WFOE is entitled to, to the extent permitted by the PRC Law, request the Company to transfer all or part of the Company Assets to the WFOE or its designated entity or individual according to the terms and conditions hereunder.

More Definitions of PRC Law

PRC Law any published and available laws and regulations of the PRC;

PRC Law means all laws, administrative regulations, rules, regulations, policy documents, and regulations, decisions, and policy documents of the local government or authorities thereof then in force in the PRC.

PRC Law refers to all valid laws, administrative regulations, local regulations, judicial interpretations and other nominative documents with binding forces in the PRC (for the purpose of the Agreement, excluding Hong Kong, Macau and Taiwan).

PRC Law means the then current PRC laws, regulations, rules, local stipulations, interpretations and other normative documents with binding force.

PRC Law any promulgated and valid laws and regulations of PRC from the date stipulated on the head of this agreement.

PRC Law means the then valid laws, administrative and ministerial regulations and rules, local regulations, judicial interpretations and other binding regulatory documents of the People’s Republic of China applicable to the Mainland of the People’s Republic of China.

PRC Law means the then current PRC laws, regulations, rules, local stipulations, interpretations and other normative documents with binding force. “Rights” shall have the meaning ascribed to it in Section 12.7 hereof.