Safe. The Founder and any other Person who is required to comply with the SAFE Rules and Regulations has completed registration with SAFE with respect to their direct or indirect holding of Equity Securities in the Company, the BVI Subsidiary, the US Subsidiaries and the HK Subsidiary since their respective incorporation in accordance with the SAFE Rules and Regulations and such Founder or other Person has not received any oral or written inquiries, notifications, orders or any other forms of official correspondence from SAFE with respect to any actual or alleged non-compliance with the SAFE Rules and Regulations. Each of the Holding Company and the Group Companies has fully complied with the SAFE Rules and Regulations in all material aspects and neither the Holding Company nor any Group Company has received any oral or written inquiries, notifications, orders or any other forms of official correspondence from SAFE with respect to any actual or alleged non-compliance with the SAFE Rules and Regulations.
Appears in 2 contracts
Sources: Series C 1 Preferred Share Subscription Agreement (Q&K INTERNATIONAL GROUP LTD), Series C 2 Preferred Share Subscription Agreement (Q&K INTERNATIONAL GROUP LTD)