PRC Subsidiaries definition

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

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

PRC Subsidiaries means the subsidiaries of the Company incorporated in the PRC as listed in Annex A-1 hereto.

PRC Subsidiaries means the PRC Subsidiaries as listed in Annex A, each of which is a company incorporated under the PRC laws.

Examples of PRC Subsidiaries in a sentence

• The Company and its PRC Subsidiaries have taken reasonable security measures to protect the secrecy, confidentiality and value of all of their intellectual properties, except where failure to do so could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

• Neither the Company nor any of its PRC Subsidiaries has received, since the date of the latest audited financial statements included within the SEC Reports, a written notice of a claim or otherwise has any knowledge that the Intellectual Property Rights or any of the Company’s products or planned products as described in the SEC Reports violate or infringe upon the rights of any Person, except as could not have or reasonably be expected to not have a Material Adverse Effect.

• Except as otherwise disclosed in the SEC Reports, neither the Company nor any of its PRC Subsidiaries has received a notice (written or otherwise) that any of, the Intellectual Property Rights has expired, terminated or been abandoned, or is expected to expire or terminate or be abandoned, within two (2) years from the date of this Agreement except where such action would not reasonably be expected to have a Material Adverse Effect.

• Any real property and facilities held under lease by the Company and its PRC Subsidiaries are held by them under valid, subsisting and enforceable leases with which the Company and its PRC Subsidiaries are in compliance.

• The Company and its PRC Subsidiaries have, or have rights to use all patents, patent applications, and other intellectual property rights and similar rights necessary or required for use in connection with their respective businesses as described in the SEC Reports and which the failure to so have could have a Material Adverse Effect (collectively, the “Intellectual Property Rights”).

More Definitions of PRC Subsidiaries

PRC Subsidiaries means all entities incorporated in the PRC as listed on Appendix A hereto, and each, a “PRC Subsidiary.”

PRC Subsidiaries and “PRC Subsidiary” have the respective meanings set out in the Preamble.

PRC Subsidiaries. The subsidiaries of the Company in the PRC as at the date hereof, namely Beijing New Take Electronic Commerce Limited ([Name in Chinese]), Beijing Ninetowns Times Electronic Commerce Limited ([Name in Chinese]), Beijing Ninetowns Digital Technology Limited ([Name in Chinese]), Beijing Ninetowns Ports Software Co. Ltd. ([Name in Chinese]) and Shanghai New Take Digital Technology Limited ([Name in Chinese]), particulars of which are set out in Schedule 2;

PRC Subsidiaries means all Company Subsidiaries organized under the Laws of the PRC, including the VIEs (as defined below) and the consolidated affiliated entities.

PRC Subsidiaries means Shandong Haize Nanomaterials Co., Ltd., Shandong Bangsheng Chemical Co., Ltd., Shaanxi Haize Nanomaterials Co., Ltd., Zibo Jiaze Nanomaterials Co., Ltd. and Anhui Yuanzhong Nanomaterials Co., Ltd, each of which are (i) direct subsidiaries of Faith Bloom, (ii) indirect subsidiaries of the Debtor and (iii) organized under the laws of the People’s Republic of China.

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

PRC Subsidiaries means the PRC subsidiaries, as listed in Annex A, as at the date thereof.