Examples of VIE Documents in a sentence
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.
The VIE Documents have been duly authorized, executed and delivered and constitute the valid and binding obligations of the parties thereto.
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.
Except for the VIE Documents, none of the Company’s or PRC Companies’ directors, stockholders, officers or employees or any of their respective affiliates owns any material asset that is used by the Company or a PRC Company in the conduct of its business or in any business that competes with the Company’s business.
Each of the parties to the Transaction Documents and VIE Documents (including the updated VIE Documents under Step 9 of Restructuring Agreement) other than the Investors, shall have executed and delivered such Transaction Documents and VIE Documents to the Investors.