Obligation to Procure. Where any party hereto is required under this Agreement to procure a particular matter or thing in relation to the BVI Company, such obligation shall be deemed to include (but not limited to) an obligation to exercise his powers both as an owner (legal or beneficial) of the registered capital of the BVI Company or any part thereof and (as the case may be) as the director of the BVI Company.
Appears in 3 contracts
Sources: Sale and Purchase of Shares (Kubla Khan Inc), Sale and Purchase Agreement (Industries International Inc), Sale and Purchase of Shares (China Finance, Inc.)