VIE Documents definition
Examples of VIE Documents in a sentence
If any of the VIE Documents becomes illegal, void or unenforceable under PRC Laws after the date hereof, the Parties (other than the Investors) shall devise a feasible alternative legal structure reasonably satisfactory to the Investors which gives effect to the intentions of the parties in each VIE Document and the economic arrangement thereunder as closely as possible.
The VIE Documents have been duly authorized, executed and delivered and constitute the valid and binding obligations of the parties thereto.
The Principal, the Principal HoldCo, the Co-Founder Parties and the Group Companies shall ensure that each party to the relevant VIE Documents (other than any nominees appointed by the Investors) fully perform its/his/her respective obligations thereunder and carry out the terms and the intent of the VIE Documents.
Each of the HK Entity, and the Institute Co. has duly executed this Agreement and each of the HK Entity, the WFOE, the Institute Co. and the shareholder of the Institute Co, has duly executed the VIE Documents.
To the best of our knowledge after due inquiry, none of the parties to any of the VIE Documents is in breach or default in the performance of any of the terms or provisions of such VIE Document.