WFOE II definition

WFOE II means Shanghai Jiufu Network Technology Co., Ltd. (上海玖富网络科技有限公司), a company established under the Laws of the PRC.
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WFOE II means Shanghai Distrii Technology Development Co., Ltd.
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WFOE II has the meaning given to that term in introductory paragraph of this Agreement.
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Examples of WFOE II in a sentence

  • Taxation — People’s Republic of China Enterprise Taxation.” In order for us to pay dividends to our shareholders, we will rely on payments made from Long Yun to WFOE II, pursuant to contractual arrangements between them, and the distribution of such payments to Longyun HK as dividends from our PRC subsidiaries.

  • Certain payments from our Long Yun to WFOE II are subject to PRC taxes, including business taxes and VAT.

  • WFOE I and WFOE II shall be collectively referred to as the “WFOEs.”The purpose and design of the VIE Agreements between the WFOEs and HangZhou Longyun, was to consolidate Hangzhou Longyun under the Company by way of common control.

  • Any purchase price for the Put Equity Interests in excess of the amount of the Preference D&D+ Repurchase Price for such Member of Series D+ Options shall remain entirely at the disposal of the Company indirectly through the the WFOE II or the JV Entity or any other Group Company designated by the Company.

  • Any such liquidation proceeds or other Distributions in excess of the amount of the Liquidation Payments to Option Holders shall remain entirely at the disposal of the Company indirectly through the the WFOE II or the JV Entity.

  • There was no change to Long Yun’s capital structure.The Company decided to replace WFOE I with WFOE II in order to take full advantage of certain preferential tax treatments and subsidies granted by the local government of Shangcheng District of Hangzhou, Zhejiang province, where WFOE II was incorporated.On August 3, 2018, WFOE II established Shenzhen Guanpeng International Technology Co., Ltd (“Guanpeng”).

  • The Depositary may at any time resign as Depositary under the Deposit Agreement by written notice of resignation delivered to the Company, such resignation to be effective upon the earlier of (i) the 90th day after delivery thereof to the Company (whereupon the Depositary shall be entitled to take the actions contemplated in Section 6.2 of the Deposit Agreement), or (ii) the appointment by the Company of a successor depositary and its acceptance of such appointment as provided in the Deposit Agreement.

  • The JV Entity is 100% held by the WFOE II as of the date of this Agreement and immediately prior to the Closing, but as of the date of and immediately after the Closing, the JV Entity is 96.0942% held by the WFOE II, and it has obtained the equity holdings in JV Entity in compliance with applicable Laws.

  • Any such dividends or Distributions in excess of the amount of the Members of Series D+ Options’ Dividends shall remain entirely at the disposal of the Company indirectly through the WFOE II or the JV Entity.

  • As of the date of this Agreement and the date of the Closing, the JV Entity is 95.9060% held by the WFOE II, and it has obtained the equity holdings in JV Entity in compliance with applicable Laws.


More Definitions of WFOE II

WFOE II means Fenghe Corporation Management Consulting (Shanghai) Co., Ltd. (枫合企业管理咨询（上海）有限公司), together with WFOE I, the “WFOEs” and each a “WFOE”;
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WFOE II means Ling Ke Investment (Tianjin) Co., Ltd. (零氪投资(天 津)有限公司), a wholly foreign-owned enterprise established under the Laws of the PRC. Table of Contents
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WFOE II means Qianhai Fuyuan Network Technology (Shenzhen) Co., Ltd. (前海富元网络科技（深圳）有限公司), a company incorporated under the PRC Laws;​
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Related to WFOE II

  • WFOE has the meaning set forth in the Preamble.

  • HK$ Hong Kong dollars, the lawful currency of Hong Kong;

  • SoftBank means Softbank Group Corp.

  • BVI means the British Virgin Islands.

  • Asia means Afghanistan, Australia, Bangladesh, Bhutan, Brunei, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Laos, Macau, Malaysia, Maldives, Mongolia, Myanmar, Nepal, New Zealand, North Korea, Pakistan, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Tajikistan, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, and Vietnam.

  • HKFE means the Hong Kong Futures Exchange Limited.

  • CIM means the Canadian Institute of Mining, Metallurgy and Petroleum.

  • Holdco has the meaning set forth in the Preamble.

  • CSSF means the Commission de Surveillance du Secteur Financier;

  • MB means megabyte, which is equal to 1024 kilobytes or 1,048,576 bytes of digital information.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;