Shanghai Chuangxin definition

Shanghai Chuangxin shall have the meaning set forth in the Preamble.

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Shanghai Chuangxin has the meaning set forth in the Recitals.

Shanghai Chuangxin shall have the meaning set forth in the Preamble. “Shanghai Foshion Dental” shall have the meaning set forth in the Preamble. “Shanghai Fosun Medical” shall have the meaning set forth in the Preamble. “Shanghai TTC” shall have the meaning set forth in the Preamble. “Shareholder” and “Shareholders” shall have the meaning set forth in the Preamble. “Special Approval Matter” means the matters described in Section 3.05 and Section 3.07. “Special Deadlock Matter” means the following matters: the matters described in Section 3.05(a)(i) (the approval of the Annual Budget and the Business Plan and any amendment thereof or any material deviation from the Annual Budget or Business Plan). 9 “Subsidiary” or “Subsidiaries” means, with respect to any Person, any Affiliate of such Person that is controlled by such Person, and, for so long as the Entrustment Arrangements are in effect, the Subsidiaries of JVCO also shall include the Entrusted Companies. “Supermajority Vote” means with respect to any JV Company the affirmative vote such number of directors of such JV Company as is equal to or greater than one (1) plus the number of FSPV Directors. “Suzhou Qitian” means the limited liability company incorporated and existing under the laws of the PRC with its registered address at ▇▇▇▇▇ ▇▇▇▇▇ Road, ▇▇▇▇ ▇▇▇ Qiao Tu, ▇▇▇▇ ▇▇ Town, Suzhou, Jiangsu, PRC, the registration number of which is 320584000000288. “Tax Matters Partner” shall have the meaning set forth in Section 4.05(c). “Third Party” means a Person that is not a Related Person of any Shareholder. “Transaction Agreements” shall have the meaning set forth in the Formation Agreement. “Transfer” shall have the meaning set forth in Section 8.01. “Transferring Shareholder” shall have the meaning set forth in Section 8.02. “UNCITRAL” shall have the meaning set forth in Section 10.03(a). “UNCITRAL Rules” shall have the meaning set forth in Section 10.03(a). “Upper Tier Subsidiary” shall have the meaning set forth in Section 3.16(b)(i). “US$” or “USD” means United States dollars. “Unapplied Share Purchase Proceeds” means (i) the Share Subscription Note (as defined in the Formation Agreement) and any other amount payable with respect to the Share Purchase Price (as defined in the Formation Agreement), (ii) any proceeds of the Share Subscription Note, (iii) any current assets consisting of or derived from any portion of the Share Purchase Price or the Share Subscription Note that has not been applied to the purchase of Shanghai...

Examples of Shanghai Chuangxin in a sentence

Each Subsidiary of Shanghai Chuangxin hereby agrees to observe and recognize, and agrees that it shall not in any way contest or interfere with, the exercise of, such rights, powers and authority of Old BVI.
Shanghai Chuangxin and Shanghai TTC agree that they shall cause the Governing Board of Suzhou Qitian to be increased from three (3) directors to four (4) and shall cause the Chief Executive Officer, Chief Operating Officer and Chief Financial Officer of JVCO to be elected or appointed as its three (3) representatives on the Governing Board of Suzhou Qitian.
Shanghai Chuangxin and Shanghai TTC agree that they shall cause the Governing Board of Foshion Dental to be reduced from five (5) directors to four (4) and shall cause the Chief Executive Officer, Chief Operating Officer and Chief Financial Officer of JVCO to be elected or appointed as its three (30 representatives on the Governing Board of Foshion Dental.
Except as provided in Section 3.16, the business and affairs of the Subsidiaries of JVCO shall be managed by their respective Governing Boards or, in the case of the PRC Subsidiaries other than Shanghai Chuangxin, by their Managing Directors, subject to this Agreement and such rules, regulations, restrictions, directions and business strategies consistent with this Agreement as may be adopted by the Board of Directors of JVCO or the Governing Board of the applicable Upper Tier Subsidiary.
The provisions of this Section 3.16 shall apply to each Entrusted Company during the Entrusted Period as if Shanghai Chuangxin were a wholly-owned Subsidiary of Old BVI.
There has been no violation of any applicable PRC Law or regulation by Seller in establishing or making any investment in Shanghai Chuangxin.
If the Chuangxin Closing does not occur by December 31, 2011, if requested by Old BVI, Shareholder shall grant to Old BVI a share pledge (the “Share Pledge”) in form and substance satisfactory to Old BVI with respect to the equity interests and shares in Shanghai Chuangxin and Shanghai Chuangxin’s Subsidiaries and shall cooperate and take all such actions as may be requested by Old BVI to register such Share Pledge.
To the extent that any such additional capital or other funding is to be provided, Shanghai Chuangxin shall look solely to Old BVI for such additional capital or funding.
If Old BVI requests such Entrusted Accounts, Shanghai Chuangxin shall keep all of its funds, including all revenues from operations and all dividends received, in the Entrusted Accounts and all payments of funds by Shanghai Chuangxin shall be disbursed through the Entrusted Accounts.
Shanghai Chuangxin shall comply with this Section 3.16 and the other 28 terms of this Agreement during the Entrusted Period as an Upper Tier Subsidiary, and each other Entrusted Company other than Shanghai Chuangxin hereby agrees to comply with this Section 3.16 and the other terms of this Agreement during the Entrusted Period as if it were a Wholly-Owned Operational Subsidiary or Associate, as applicable, of Shanghai Chuangxin.

More Definitions of Shanghai Chuangxin

Shanghai Chuangxin means Shanghai Technology Innovation Co., Ltd. (上海创新科技有限公司 in Chinese), a limited liability company incorporated and existing under the laws of the PRC with its registered address at Room 901, No. 510, Cao Yang Road, Shanghai, PRC.