Common use of Performance Undertaking Clause in Contracts

Performance Undertaking. 8.1 The Parties agree and acknowledge that 2012 Net Profit is more than RMB 30,000,000 and no performance adjustment could occur under Section 7.13 of the Original Agreement.

Appears in 2 contracts

Sources: Supplemental Agreement (Jupai Holdings LTD), Supplemental Agreement (Jupai Holdings LTD)