Common use of China Online Companies Clause in Contracts

China Online Companies. From the date hereof, SINA and CRIC shall use commercially reasonable efforts to discuss and agree upon amendments to the China Online Control Agreements, with effect as of the Closing, to conform them with the agreements, contracts and instruments enabling CRIC to effect control over and consolidate with its financial statements Shanghai Xxxx Xxxx Advertising Co., Ltd., in form and substance reasonably satisfactory to SINA. SINA shall take all actions necessary to ensure that, as of the Closing Date, the China Online Domestic Entity shall have obtained an updated business license from the State Administration for Industry and Commerce evidencing ownership of 100% equity interest in the China Online Domestic Entity by a nominee or nominees acceptable to CRIC in its sole discretion.

Appears in 4 contracts

Samples: Share Purchase Agreement (E-House (China) Holdings LTD), Share Purchase Agreement (Sina Corp), Share Purchase Agreement (Sina Corp)

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