Common use of Project Company Clause in Contracts

Project Company. All parties shall jointly fund the establishment of an independent legal person company (hereinafter “Project Company”), specifically responsible for the implementation of the Investment Project. Party A shall be responsible for operating the Project Company, and other parties shall assist the Project Company in the development of resources and other support. Party D shall sign the corresponding cooperation agreement in accordance with this Agreement on behalf of the state-owned company.

Appears in 2 contracts

Sources: Investment Agreement (Global Internet of People, Inc.), Investment Agreement (Global Internet of People, Inc.)