Definition of PRC Overseas Investment Approvals

  1. PRC Overseas Investment Approvals means, collectively, the filings and approvals with or by PRC Governmental Authorities with respect to the transactions contemplated hereby, including (A) the filings with and/or approvals of NDRC, SASAC and MOFCOM with respect to the consummation of the transactions contemplated hereby by Buyer; and (B) foreign exchange registration conducted by authorized banks and/or by SAFE in connection with the transactions contemplated hereby, including registration and/or approvals for conversion of RMB funds into U.S. dollar funds and transfer of U.S. dollar funds to Seller or other interests pursuant to or in connection with this Agreement (to the extent that funding in U.S. dollars is required thereunder).

Examples of PRC Overseas Investment Approvals in a sentence

  1. Promptly following the date hereof, subject to receipt of any required PRC Overseas Investment Approvals, Parent shall form (or cause to be formed) a corporation organized under the laws of the State of Delaware as a direct or indirect, wholly-owned Subsidiary of Parent, which corporation shall be Acquisition Sub hereunder.

Definition of PRC Overseas Investment Approvals in Share Purchase Agreement

PRC Overseas Investment Approvals means, collectively, the filings and approvals with or by PRC Governmental Authorities with respect to the transactions contemplated hereby, including (A) the filings with and/or approvals of NDRC, SASAC and MOFCOM with respect to the consummation of the transactions contemplated hereby by Buyer; and (B) foreign exchange registration conducted by authorized banks and/or by SAFE in connection with the transactions contemplated hereby, including registration and/or approvals for conversion of RMB funds into U.S. dollar funds and transfer of U.S. dollar funds to Seller or other interests pursuant to or in connection with this Agreement (to the extent that funding in U.S. dollars is required thereunder).