VIE Sub definition

VIE Sub means 北京链基科技有限公司, a PRC limited liability company;
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VIE Sub means Shanghai Zhongmin Supply Chain Management Co., Ltd. (上 海众敏供应链管理有限公司), a PRC limited liability company.
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VIE Sub means Beijing Wowo T▇▇▇ Information Technology Co., Ltd. or Beijing K▇▇ ▇▇ Shi Dai Network Technology Co., Ltd., and collectively, “VIE Subs”.
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Examples of VIE Sub in a sentence

  • The Company has effective Control of the VIE Sub and is the sole beneficiary of the VIE Sub and the VIE Agreements are adequate to enable the financial statements of the VIE Sub to be consolidated with those of the other Group Companies in accordance with the applicable accounting standards.

  • Each shareholder of the VIE Sub that is a legal entity has been duly organized and is validly existing under the PRC Laws.

  • The VIE Sub has obtained all necessary approvals, authorizations, consents and orders, and has made all filings that are required under the PRC Laws, for the ownership of its equity interests by each of their respective shareholders.

  • The VIE Financial Statements and their notes fairly present the financial condition and the results of operations, changes in shareholders’ equity, and cash flow of the VIE Sub as at the respective dates of and for the period referred to in such financial statements, all in accordance with the PRC GAAP.

  • The Charter Documents of the VIE Sub and its business license comply with the requirements of all PRC Laws and are in full force and effect.

  • Within thirty (30) days after the Closing, the Sellers shall cause the relevant owners of the Zhongmin Intellectual Properties to enter into transfer agreements with the VIE Sub for the transfer of all Zhongmin Intellectual Properties to VIE Sub, which transfer shall be without consideration.

  • The Company has delivered to the Purchaser the unaudited balance sheet of the VIE Sub as of the Balance Sheet Date.

  • Within thirty (30) days after the Closing, Wowo shall cause VIE Sub to enter into license agreements with Shanghai Zhongmin, pursuant to which the VIE Sub shall grant to Shanghai Zhongmin a global, irrevocable, perpetual and exclusive license to use all Zhongmin Licensed-back Intellectual Properties.

  • Within sixty (60) days after the Closing, the Sellers shall cause the VIE Sub to acquire fifty one percent (51%) equity interest of Shanghai Join Me from Shanghai Zhongmin for a total purchase price equal to fifty one percent (51%) of the total registered capital of Shanghai Join Me.

  • Within sixty (60) days after the Closing, each Seller shall cause the execution of documents that are necessary to add one Person nominated by the Purchaser at its sole discretion (which could be one of the Wowo VIE Subs) as a new shareholder of the VIE Sub, in which such shareholder shall hold 35% of the equity interests in the VIE Sub.


More Definitions of VIE Sub

VIE Sub means 北 京 链 基 科 技 有 限 公 司 , a PRC limited liability company;
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