Examples of VIE Entity in a sentence
As soon as practicable after the signing of this Agreement, the Company shall, and shall cause WFOE, VIE Entity, the nominee shareholders of VIE Entity (other than the nominee shareholder that is an Affiliate of THL) and the board members and legal representatives of WFOE and VIE Entity to, enter into and obtain (as applicable) all applicable documents set out in Section 6.09 of the Disclosure Schedule in the form and substance to the reasonable satisfaction of THL.
The Key Holder shall procure Xxx Xx to make the necessary amendments to the Control Documents to which he is a party to reflect the additional contributions made by Xxx Xx to the VIE Entity and to promptly take any other actions required to implement the transactions contemplated in the Control Documents to which he is a party (including, without limitation, registering the Share Pledge in connection with Xxx Xxx).
If all of Tencent, JD, and Baidu appoint their respective Nominee Shareholders, the percentage of Equity Securities held by each of the Nominee Shareholders for Tencent, JD and Baidu in the VIE Entity of the Company shall be approximately equal to the percentage of Shares such Preferred Shareholder holds in the Company on a fully diluted basis and the Nominee Shareholder for Bitauto shall hold the remaining percentage of Equity Securities in the VIE of the Company.
If the earnings before tax is zero, [VIE Entity] is not required to pay the entrusted management fee; if [VIE Entity] sustains losses, all such losses will be carried over to next month and deducted from next month’s entrusted management fee.
Asset Purchase Option Agreement to be entered into between Lanlin, WFOE (Zhengtu) and the VIE Entity, pursuant to which, inter alia, Lanlin agrees that WFOE (Zhengtu) (or its nominee) will have the option to purchase the business and assets of the VIE Entity.