WFOE definition

WFOE has the meaning set forth in the Preamble of this Agreement.

WFOE means a wholly foreign owned enterprise incorporated in the PRC.

WFOE has the meaning set forth in the Preamble.

Examples of WFOE in a sentence

• WFOE does not have any predecessors that have offered franchises in China.

• Pursuant to this Agreement, the WFOE and/or any other entity or individual designated by it may, after the Exercise of Option, acquire a good title to the Company Assets, free from and clear of any lien, mortgage, claim and other encumbrances or third party rights.

• The Company shall transfer the Transferred Assets to the WFOE and/or any other entity or individual designated by it in accordance with the WFOE’s requirement.

• The WFOE and/or any other entity or individual designated by it shall pay the Transfer Price to the Company with respect to the Transferred Assets acquired at each Exercise of Option.

• The brands currently offered by WFOE are: DoubleTree (first offered on October 29, 2012), Hilton (first offered on August 1, 2016), and Hilton Garden Inn (first offered in September 2018).

More Definitions of WFOE

WFOE shall have the meaning ascribed to it in the preamble.

WFOE means a wholly foreign owned entity for the purposes of Chinese law.

WFOE means Ucommune (Beijing) Technology Co., Ltd.Based on the foregoing and subject to the qualifications set out below, we are of the opinion that, as of the date hereof, so far as PRC Laws are concerned:

WFOE means Components Zone (Shenzhen) Development Limited (芯领域（深圳）发展有限公司).

WFOE means Glory Star New Media (Beijing) Technology Co., Ltd., a wholly foreign-owned enterprise limited liability company and indirectly wholly-owned by Glory Star; and

WFOE means Wuhan Lotus Technology Co., Ltd. ( ).

WFOE. A wholly-owned subsidiary established by Party A in the PRC.