Business Scope. According to this Agreement, Party B shall provide credit lines to Party A. Complying with other relevant single agreements, Party A may apply to Party B for circulation, adjustment or one-time use for short-term loans, overdraft of corporate account, bank acceptance, trade financing, letter of guarantee, capital business and other credit business (collectively referred to as “single credit business”). The trade financing business mentioned in this Agreement includes the opening of domestic and international letter of guarantee, import documentary, delivery guarantee, packaged loans, outward documentary, outward bill discount, buyer’s documentary of domestic letter of credit, seller’s documentary of domestic letter of credit, negotiation of domestic letter of credit and other international and domestic trade financing business. The guarantee business mentioned in this agreement includes various international and domestic guarantee businesses such as issuing guarantee and standby letter of credit.
Business Scope. Within one (1) month after the Series B1 Closing, Jifen shall have submitted an application to the local branch of the SAIC regarding its amendment of business scope to including the activity to engage in providing internet information services (从事互联网信息服务) and the local branch of the SAIC shall have approved such application of Jifen and issued a new business license to Jifen reflecting the expanded business scope.
Business Scope. The business of the JVC shall be production, processing and export of graphite products, including high purity graphite, expandable graphite, graphite sheet or other graphite products as may be determined by the JVC.
Business Scope. The business of the JVC shall be exploration, production and processing of Minerals, including base and precious metals, and industrial minerals in order to extract and process such Minerals or related products.
Business Scope. Consultation for marketing information of medical appliance; wholesale and resale of health care productions (except for medicine); consultation for marketing information of household health care appliance; consultation and training for information of medicine and health care production.(Above business scope does not include the marketing medical appliance and medicine that belong to category II and category III. )
Business Scope. The JVC’s business scope shall be the development and commercialization of JVC Products in the Territory.
Business Scope. The business scope of the Company is as follows: assembly and testing services for semiconductors (silicon and compound semiconductor) and integrated circuits (including sub-systems and modules), technology development, technical services, and sales of the products manufactured by the Company, including manufacturing of MEMS and compound semiconductor integrated circuit and advanced assembly and testing of BGA, CSP and MCM etc. (operations and activities subject to any approval according to the Laws may not be carried out unless such approval is issued by the competent authority).
Business Scope. The parties agree that the business scope of the Company --------------- shall include the following:
Business Scope. 4.2.1 The business scope of the JV Company shall be to produce BMW passenger cars, engines, parts and components, and accessories therefore; to sell the products produced by itself; and to provide after-sales services (including spare parts) in connection with its products.
Business Scope. The Business Scope of the Company shall be the following: To primarily engage in the manufacturing, marketing and sale of (a) wire ropes; and (b) to provide after-sales service to customers of the Company. For the avoidance of doubt, the Parties acknowledge that wire ropes do not include electromechanical cables. The Parties further agree that the Board shall discuss and determine (on an unanimous basis) whether the Company shall expand its Business Scope and include the manufacture and sale of electromechanical cables in the PRC within five (5) years after the Establishment Date. In the event the Board fails to make such a decision or decides against expanding the Business Scope, then as provided in Section 3.2(c) above, Party B shall be free to establish an FIE in China to manufacture and sell electromechanical cables.
