Law of PRC definition

Law of PRC means current effective laws, administrative rules and regulations, local rules and regulations, judicial interpretation and other standard legal documents with binding force, no matter come into effect before or after signing date of this Agreement.
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Law of PRC means laws, administrative regulations, local regulations, department rules, normative documents and other administrative order with a general binding force of the PRC for the purpose of this Agreement.
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Examples of Law of PRC in a sentence

  • Where Party A and Party B terminate the contract according to Article 46 of the Employment Contract Law of PRC, Party A may legally pay the economic compensation to Party B.

  • Pursuant to the Company Law of PRC, the Company’s Articles of Association and the resolution of Board of Directors, the Company is required to transfer 10% of its net profit to a Statutory Surplus Reserves.

  • Party A and Party B may terminate the contract according to Article 36 to Article 45 of the Employment Contract Law of PRC.

  • Both parties willingly enter into this Contract and abide by the provisions herein based on fair negotiation, as in accordance with the Labor Law of PRC, Labor Contract Law of PRC and relevant national laws and regulations.

  • In accordance with the CIT Law of PRC, an enterprise that is engaged in processing agricultural commodities is eligible for income tax exemption.

  • As stipulated by the Taxation Law of PRC, Feng Hui is subjected to PRC income tax at a rate of 25%.

  • If no such settlement can be reached within fifteen (15) days after the occurrence of the Dispute, either Party shall have the right to submit the Dispute to the China International Economic and Trade Arbitration Commission (CIETAC), Shanghai Sub-commission for arbitration pursuant to the Arbitration Law of PRC and CIETAC's arbitration rules then effective.

  • In compliance with Applicable Law of PRC, InnoCare shall prepare the patient informed consent form for the Clinical Study, in consultation with XxxxXxxx (it being understood and agreed that InnoCare shall provide to ArriVent the informed consent form and any updates thereto during the Term).

  • Under the Corporate Income Tax Law of PRC, the corporate income tax rate applicable to all companies, including both domestic and foreign-invested companies, is 25%.

  • COMPLIANCE WITH ENVIRONMENTAL LAW We comply with the Environmental Protection Law of PRC as well as applicable local regulations.

Related to Law of PRC

  • Law of war means that part of international law that regulates the conduct of armed hostilities. The law of war encompasses all international law for the conduct of hostilities binding on the United States or its individual citizens, including treaties and international agreements to which the United States is a party, and applicable customary international law.

  • Law" or "Laws means any federal, state or local government law, rules or regulations applicable to the Project.

  • Corporation Law means the General Corporation Law of the State of Delaware, as from time to time amended;

  • Law or Regulation means the law or regulation of any jurisdiction, domestic or foreign, or any agreement entered into with or between Authorities.

  • Anti-Corruption Law means any Applicable Law relating to anti-bribery or anti-corruption (governmental or commercial), including the Foreign Corrupt Practices Act of 1977, as amended, and any other Applicable Law that prohibits the corrupt payment, offer, promise or authorization of the payment or transfer of anything of value (including gifts or entertainment), directly or indirectly, to any Person, including any Government Official.

  • Charter Act The Federal National Mortgage Association Charter Act (12 U.S.C. § 1716 et seq.), as amended and in effect from time to time.

  • DGCL means the General Corporation Law of the State of Delaware.

  • Bylaws means the bylaws of the Corporation, as they may be amended from time to time.

  • FDI Act means the Federal Deposit Insurance Act and the regulations promulgated thereunder.

  • Anti-Corruption Laws means all laws, rules, and regulations of any jurisdiction applicable to the Borrower or its Subsidiaries from time to time concerning or relating to bribery or corruption.

  • Federal Power Act means the Federal Power Act, as amended, 16 U.S.C. §§ 791a, et seq.

  • Federal Reserve Act means the Federal Reserve Act, as amended.

  • CGCL means the California General Corporation Law.

  • FBCA means the Florida Business Corporation Act.

  • 1990 Act means the Town and Country Planning Act 1990;

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • GCL means the General Corporation Law of the State of Delaware.