Registration with SAFE Sample Clauses
The 'Registration with SAFE' clause requires parties to formally register a Simple Agreement for Future Equity (SAFE) with the appropriate authorities or platforms. In practice, this means that once a SAFE is executed, the relevant details—such as the parties involved, investment amount, and terms—must be submitted to a designated registry or database. This process ensures that the SAFE is officially recognized and can be referenced in the future, providing legal clarity and helping to prevent disputes over ownership or terms.
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Registration with SAFE. The Issuer undertakes to file or cause to be filed with SAFE the requisite information and documents within the prescribed time frame in accordance with (i) the Administrative Measures for Foreign Debt Registration 《( 外債登記管理辦法》) issued by SAFE and which came into effect on 13 May 2013, and (ii) the Circular on Relevant Matters about the Macro-Prudential Management of Cross-Border Financing in Full Aperture 《( 中國人民銀行關於全口徑跨境融資宏觀審慎管理有關事宜的通知》) issued by the PBOC and which came into effect on 12 January 2017, and any implementation rules, reports, certificates, approvals or guidelines as issued by SAFE or the PBOC or the CBIRC, as the case may be, from time to time (the “Foreign Debt Registration”), and to comply with all applicable PRC laws and regulations in relation to the Notes. The Issuer shall complete the Foreign Debt Registration on or before the SAFE Registration Deadline and shall within five PRC Business Days after SAFE has notified it of the completion of the Foreign Debt Registration, (i) provide the Trustee with a certificate (substantially in the form scheduled to the Trust Deed) signed by an Authorised Signatory of the Issuer confirming the completion of the Foreign Debt Registration (together with a copy of the relevant document(s) issued by SAFE evidencing the completion of the Foreign Debt Registration) (collectively, the “Registration Documents”) and (ii) give notice to the Noteholders in accordance with Condition 15 (Notices) of the same. The Trustee shall have no obligation or duty to monitor or ensure, or otherwise assist with, the submission of the NDRC Post-issue Filing, the CBIRC Post-issue Filing or the completion of the Foreign Debt Registration on or before the SAFE Registration Deadline or to verify the accuracy, validity and/or genuineness of any documents in relation to or in connection with the NDRC Post-issue Filing, the CBIRC Post-issue Filing and the Foreign Debt Registration, and shall not be liable to Noteholders or any other person for not doing so. In these Conditions:
Registration with SAFE. Following the execution of this Contract, the Guarantor shall carry out the external guarantee registration with respect to the guarantee hereunder with the SAFE and any other relevant authority pursuant to the Guarantee Law of the People’s Republic of China and the Detailed Rules for the Administration Measures of Overseas Guarantees Provided by Domestic Entities or other relevant laws or regulations. The external guarantee registration certificate issued by the SAFE is one of required legal documents in connection with this Contract.
