VIE Contracts definition
Examples of VIE Contracts in a sentence
The Company Y VIE Contracts, taken as a whole, comprise all of the contracts enabling Company Y to effect control over each Company Y VIE and consolidate the financial statements of each Company Y VIE, and each of the Company Y VIE Contracts is legally valid, enforceable and binding under PRC Laws.
The VIE Contracts which are set forth on Schedule 4.9(b) pursuant to which the profits of China Dealer are paid to SWFOE and China Dealer are contractually controlled by SWFOE.
Remodeling of the old court building will provide a center for court and other training purposes.
Except for (i) the equity pledge registration with SAMR, (ii) the approval, registration and/or filing requirements for the exercise of the call options under the Exclusive Purchase Agreement mentioned above, no Governmental Authorizations are required under the PRC Laws currently in effect in connection with the execution, delivery or performance of each of the VIE Contracts.
In respect of the VIE Acquisition Agreement, the Directors considered that it was necessary for the Company, through Jiahua Yihe, to enter into such agreement with Ms. Zhao, Ms. ZHOU Jie and Jiahua Kangming in order to execute the VIE Contracts for the benefits stated below.