Common use of SAFE Registration Clause in Contracts

SAFE Registration. The Group Companies, the Founders and the Founder Holdcos shall, cause each record and beneficial owner of shares and/or equity interests in the Company, who is a Domestic Resident, to complete, update and maintain his/her registration with SAFE as required under SAFE Circular 37 in respect of his/her direct and indirect record and beneficial ownership of any shares or equity interest in the Company and each other Group Company on a timely and continuous basis after the Closing. The Company shall promptly deliver to each Investor and its counsel’s satisfactory evidence for completion of such registration.

Appears in 2 contracts

Samples: Preferred Share Purchase Agreement (Yunji Inc.), Preferred Share Purchase Agreement (Yunji Inc.)

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SAFE Registration. The Group Companies, the Founders and the Founder Holdcos shall, cause each record and beneficial owner of shares and/or equity interests in the Company, who is a Domestic Resident, to shall complete, update and maintain his/her registration with SAFE as required under SAFE Circular 37 in respect of his/her direct and indirect record and beneficial ownership of any shares or equity interest in the Company and each other Group Company on a timely and continuous basis after the Closing. The Company shall promptly deliver to each Investor the Investors and its counsel’s satisfactory evidence for completion of such registration.

Appears in 1 contract

Samples: Preferred Share Purchase Agreement (Yatsen Holding LTD)

SAFE Registration. The Group Companies, the Founders and the Founder Holdcos shall, cause each record and beneficial owner of shares and/or equity interests in the Company, who is a Domestic Resident, to shall complete, update and maintain his/her registration with SAFE as required under SAFE Circular 37 in respect of his/her direct and indirect record and beneficial ownership of any shares or equity interest in the Company and each other Group Company on a timely and continuous basis after the Closing. The Company shall promptly deliver to each Investor the Investors and its counsel’s their counsels’ satisfactory evidence for completion of such registration.

Appears in 1 contract

Samples: Series C Preferred Share Purchase Agreement (Yatsen Holding LTD)

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SAFE Registration. The Group Companies, the Founders and the Founder Holdcos shall, cause each record and beneficial owner of shares and/or equity interests in the Company, who is a Domestic Resident, to shall complete, update and maintain his/her registration with SAFE as required under SAFE Circular 37 in respect of his/her direct and indirect record and beneficial ownership of any shares or equity interest in the Company and each other Group Company on a timely and continuous basis after the Closing. The Company shall promptly deliver to each the Investor and its counsel’s satisfactory evidence for completion of such registration.

Appears in 1 contract

Samples: Preferred Share Purchase Agreement (Yatsen Holding LTD)

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