PRC Authority definition

PRC Authority means any national, provincial or local governmental, regulatory or administrative authority, agency or commission in the PRC, or any court, tribunal or any other judicial body in the PRC, or any other entity authorized by PRC law exercising, or entitled to exercise, any administrative, judicial, legislative authority or power in the PRC, in each case having competent jurisdiction;
Sample 1

Examples of PRC Authority in a sentence

  • In addition, the Bank’s overseas operations are subject to supplementary PRC tax at tax rate determined by the relevant PRC Authority.

  • Purchaser shall have the right, but are under no obligation, to make applicable tax filings with a relevant PRC Authority, and Seller and Company Parties shall cooperate in good faith in such Purchaser’s filing and provide all necessary assistance and information of Seller and Company Parties to Purchaser in a timely manner, provided that Purchaser’s failure to so make the filings shall not relieve Seller from any obligation to indemnify, defend and hold harmless Purchaser in this regard.

  • Each of the PRC Subsidiaries is in compliance with the provisions of all such Approvals, and there is no notice of any modification, suspension, or revocation of any Approvals and we have no reason to believe that any PRC Authority is considering modifying, suspending or revoking any such PRC Approvals.

  • Closing Date and Closing On the fifth Business Day after the closing condition (i) above has been fulfilled and provided that the closing condition (ii) above has been fulfilled or waived by the Purchaser, the Purchaser and the Vendor shall jointly submit the relevant documentation for the registration of changes in equity interest in and management of Tianjin Tomson to the PRC Authority.

  • The date on which such submission has been officially accepted by the PRC Authority shall be the date of Closing (the “Closing Date”).

  • Each Contract is in proper legal form under the PRC Laws for the enforcement thereof against each of the PRC Entities and the Shareholders that is a party to it, in the PRC without further action by any of the PRC Entities or the Shareholders; all required filings and recordings in respect of such Contract with any PRC Authority have been performed to ensure the legality, validity, enforceability or admissibility in evidence of each Contract in the PRC.

  • THE GUARANTEE The Guarantee Service Agreement The principal terms of the Guarantee Service Agreement are set out as follows: Date : 2 August 2019 Parties : (a) The Company, as guarantor; and (b) Pacific Construction, as warrantee Guarantee : The Company shall provide the Guarantee through the Bank in favour of the PRC Authority for the Guarantee Amount of RMB318,111,892.83 (equivalent to approximately HK$367,334,749.23).

  • However, the calculation of the outstanding land premium for the Industrial Land was based on the information available to the Company as at the Latest Practicable Date which is subject to the final decision of the PRC Authority.

  • It was highlighted that the Terms of Reference stated the PRC Authority Members and the BTP lead members, but that the meetings would also be open to other Members and BTP representatives to attend when required.

  • We are not aware, after due inquiry, of anything that would cause us to believe that any PRC Authority is considering modifying, suspending, revoking or not renewing any such Approvals.

Related to PRC Authority

  • public authority means any authority or body or institution of self- government established or constituted—

  • Contract Authority means the Board of Supervisors or the head of the department or agency presenting the proposed contract to the Board of Supervisors.

  • Approval Authority means the authority of a Member State with competence for all aspects of the approval of a type of vehicle, system, component or separate technical unit or of the individual approval of a vehicle; for the authorisation process, for issuing and, if appropriate, withdrawing approval certificates; for acting as the contact point for the approval authorities of other Member States; for designating the technical services and for ensuring that the manufacturer meets his obligations regarding the conformity of production;

  • local authority means the council of a municipality that is a city, town or shire constituted under the Local Government Xxx 0000;

  • Control authority means either:

  • Port Authority means a port authority created under Chapter 4582. of the Revised Code.

  • Water Authority means the body corporate known as the Water Authority of Western Australia established by the Water Authority Xxx 0000;

  • Government Authority means any foreign or domestic federal, state, provincial, municipal, county, city or local legislative, administrative or regulatory authority, agency, court, body or other governmental or quasi-governmental entity with competent jurisdiction, including any supranational body.

  • Highway authority means the state highway commission, a board of county road commissioners or the governing body of a city or village.

  • Antitrust Authority means the Antitrust Division of the United States Department of Justice or the United States Federal Trade Commission.

  • Sanctions Authority means the United States (including, without limitation, OFAC and the U.S. Department of State), the United Kingdom (including, without limitation, Her Majesty’s Treasury), the European Union and any EU member state, the United Nations Security Council, and any other relevant sanctions authority.

  • Relevant Governmental Body means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto.

  • Planning Authority means the responsible entity that coordinates and integrates transmission facility and service plans, resource plans, and protection systems.

  • Governmental Antitrust Authority has the meaning set forth in Section 5.11(b).