PRC Person definition

PRC Person means (a) an individual with PRC nationality pursuant to the Nationality Law of the PRC, (b) a company organized under the Laws of the PRC that (i) is not a WFOE, (ii) is not otherwise foreign owned or foreign invested under the Laws of the PRC, and (iii) is not controlled or (in whole or in part) Beneficially Owned by any WFOE, VIE Structure, foreign invested enterprise under the Laws of the PRC, individual without PRC nationality, or Person organized under the Laws of a territory other than the PRC, or (c) a PRC Governmental Authority.
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PRC Person means, wheresoever located, (1) the government of the People’s Republic of China (“the PRC”) or any of its respective departments, agencies, or instrumentalities; (2) any Person organized, domiciled, headquartered, or with a principal place of business in the PRC; or (3) any natural Person with PRC nationality who is not also a U.S. citizen or any natural Person working or residing in the PRC. PRC Person includes any Person who is owned, Controlled by, or acting on behalf of a PRC Person, where “Control” means the power, direct or indirect, whether or not exercised, to determine, direct, or decide important matters affecting a Person. For the avoidance of doubt, Hong Kong, Macau, and all other Special Administrative Regions of China shall be included in the definition of the PRC for the purposes of this Agreement.
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PRC Person is generally defined as a natural person, residing in the People's Republic of China, or any entity organized or incorporated under the laws of the People's Republic of China.
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Examples of PRC Person in a sentence

  • Any PRC Person who makes Payments, uses WINS Smart Contract and/or purchases WINS Tokens or enters into this Agreement on unlawful, unauthorized or fraudulent basis understands, acknowledges and accepts that it may lose and Seller has the right to retain any and all money and/or other funds, including virtual currency or cryptocurrency, paid for WINS Tokens as a penalty for violation of Terms of Use and misrepresentation hereunder.

  • WINS Tokens are not in any way targeted at, offered or distributed to any ROK Person, PRC Person, Singapore Person or U.S. Person (as defined below and specified in Article IV hereof).

  • Seller is not bound by this Agreement if either this Agreement has been entered into by PRC Person as Buyer or any third party acting as Xxxxx has entered into this Agreement or has purchased WINS Tokens on behalf of PRC Person.

  • Any PRC Person who makes Payments, uses WINS Smart Contract and/or purchases WINS Tokens or enters into this Agreement on unlawful, unauthorized or fraudulent basis shall be solely liable for, and indemnifies, defends and holds Seller and Seller’s Parties harmless from any Damages that may arise from or is a result of such PRC Person’s unlawful, unauthorized or fraudulent making of Payments, use of WINS Smart Contract and/or purchase of WINS Tokens.


More Definitions of PRC Person

PRC Person means (i) any person that is a “Mainland Area Person (大陸地區人民)” as defined in Article 2, Item 4 and Article 3 of the of the Act Governing Relations between the People of the Taiwan Area and the Mainland Area (臺灣地區與大陸地區人民關係條例), Articles 5 and 7 of the Enforcement Rules for the Act Governing Relations Between the People of the Taiwan Area and the Mainland Area (臺灣地區與大陸地區人民關係條例施行細則), (ii) any juristic person, group or other organization registered in the PRC, and (iii) any “Third Jurisdiction Company” invested by any of (i) and (ii) above (第三地區投資之公司) as defined in Article 3, Paragraph 2 of the Regulations Governing People from Mainland Area to Invest in Taiwan (大陸地區人民來臺投資許可辦法), which meets either of the following criteria:
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PRC Person means an individual holding a passport issued by the PRC; a resident of any area of the PRC under the effective control or jurisdiction of the PRC (but not including a special administrative region of the PRC such as Hong Kong or Macau, if so excluded by applicable laws of the ROC); and save as aforesaid, any agency or instrumentality of the PRC; and any corporation, partnership or other entity organized under the laws of any such area or controlled by, or directly or indirectly having more than 30% of its capital owned by, or beneficially owned by any such person, resident, agency or instrumentality. The laws of the Republic of China applicable to the withdrawal of Deposited Securities may change from time to time. There can be no assurance that current law will remain in effect or that future changes of ROC law will not adversely affect the ability of Holders to withdraw Deposited Securities hereunder. The Company has informed the Depositary that no Shares may be withdrawn upon presentation of ADSs (and if applicable, the ADRs evidencing such ADSs) for cancellation under this Section 2.7 until (i) the Company has delivered written confirmation that the number of Shares requested for withdrawal have been listed for trading on the TWSE (such Shares, the “Listed Shares”) to the Depositary and the Custodian, (ii) the Listed Shares have been de-materialised (such Shares, the “De-Materialised Shares,” and Shares that are both Listed Shares and De-Materialised Shares, hereinafter referred to as the “Final Shares”), and (iii) an equivalent number of Final Shares are on deposit with the Custodian. The Company has further informed the Depositary that it is expected that newly issued Shares which may be deposited by the Company from time to time and which are not listed for trading on the TWSE at the time of such deposit will be listed on the TWSE for trading and will be fully de-materialised, thereby becoming Final Shares, no later than the fourth ROC business day after the date that the ADSs are issued. The parties hereto acknowledge and agree that (a) the Depositary will deliver Shares represented by ADSs (and if applicable, the ADRs representing such ADSs) presented for cancellation pursuant to this Section 2.7 only to the extent of the number of Final Shares then on deposit with the Custodian, (b) the Depositary will process presentations of ADSs for withdrawal of Final Shares under this Section 2.7 on a first come, first served basis, (c) the Depositary will ...
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PRC Person means, wheresoever located, (1) the government of the People’s Republic of China (“the PRC”) or any of its respective departments, agencies, or instrumentalities; (2) any Person organized, domiciled, headquartered, or with a principal place of business in the PRC; or (3) any natural Person with PRC nationality who is not also a U.S. citizen or any natural Person working or residing in the PRC. PRC Person includes any Person who is owned, Controlled by, or acting on behalf of a PRC Person, where “Control”
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PRC Person means an individual holding a passport issued by the PRC, a resident of any area of China under the effective control or jurisdiction of the PRC (but not including a special administrative region of the PRC such as Hong Kong or Macau, if so excluded by applicable laws of the ROC), any agency or instrumentality of the PRC and any corporation, partnership or other entity organized under the laws of any such area or controlled or beneficially owned by any such person, resident, agency or instrumentality. For Conversion Agent’s use only:
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PRC Person is generally defined as a natural person, residing in the People's Republic of China, or any entity organized or incorporated under the laws of the People's Republic of China. You are not eligible and you are not to purchase any TGC Tokens if you are a citizen or resident (tax or otherwise) of the Hong Kong. Hong Kong Person is generally defined as a natural person, residing in Hong Kong, or any entity organized or incorporated under the laws of Hong Kong. You are not eligible and you are not to purchase any TGC Tokens if you are a citizen or resident (tax or otherwise) of the United States, or other U.S. Person. "U.S. Person" is generally defined as a natural person, residing in the United States, including American Samoa, Guam, Northern Mariana Islands, Puerto Rico, U.S. Virgin Islands, or any entity organized or incorporated under the laws of the United States. U.S. citizens living abroad may also be deemed "U.S. Persons" under certain rules. 4 | P a g e TERMS AND CONDITIONS 02-2018
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PRC Person means, wheresoever located, (1) the government of the People’s Republic of China (“the PRC”) or any of its respective departments, agencies, or instrumentalities; (2) any Person
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Related to PRC Person

  • young person means a person who falls within the definition of qualifying young person in section 142 of the SSCBA.

  • Support Person means a person, who accompanies an Accused Student, a Reporting Party or a victim to a hearing for the limited purpose of providing support and guidance. A support person may not directly address the Hearing Body, question witnesses, or otherwise actively participate in the hearing process.

  • natural person means any natural person having the nationality of either Contracting Party in accordance with its laws.

  • Interested Person shall have the meaning given it in Section 2(a)(19) of the 1940 Act;

  • Non-U.S. Person means a Person who is not a U.S. Person.

  • Controlling Person With respect to any Person, any other Person who “controls” such Person within the meaning of the Securities Act.

  • U.S. Tax Person means a Person that is a “United States person” as defined in Section 7701(a)(30) of the Code, generally including:

  • A Member means a companion, fellow, member, honorary member, associate or affiliate of the Society

  • Stockholder Associated Person of any stockholder means (A) any person controlling, directly or indirectly, or acting in concert with, such stockholder, (B) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such stockholder or (C) any person directly or indirectly controlling, controlled by or under common control with such Stockholder Associated Person.

  • Control Person means any Person that holds or is one of a combination of Persons that holds a sufficient number of any of the securities of an issuer so as to affect materially the control of that issuer, or that holds more than 20% of the outstanding voting securities of an issuer except where there is evidence showing that the holder of those securities does not materially affect the control of the issuer;