Representations, Warranties and Covenants of the Transferor. 7.1 The Transferor is a limited liability company duly established and validly existing under the laws of the PRC. The Transferor legally owns the Subject Interest and has the right to transfer the Subject Interest to the Transferee in accordance with this Agreement.
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Samples: Equity Transfer Agreement (Petrochina Co LTD), Equity Transfer Agreement (Petrochina Co LTD), Equity Transfer Agreement (Petrochina Co LTD)
Representations, Warranties and Covenants of the Transferor. 7.1 The Transferor is a limited liability company an enterprise owned by the whole people duly established and validly existing under the laws of the PRC. The Transferor legally owns the Subject Interest Target Assets and has the right to transfer the Subject Interest Target Assets to the Transferee in accordance with this Agreement.
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