PRC Person definition
PRC Person means (a) an individual with PRC nationality pursuant to the Nationality Law of the PRC, (b) a company organized under the Laws of the PRC that (i) is not a WFOE, (ii) is not otherwise foreign owned or foreign invested under the Laws of the PRC, and (iii) is not controlled or (in whole or in part) Beneficially Owned by any WFOE, VIE Structure, foreign invested enterprise under the Laws of the PRC, individual without PRC nationality, or Person organized under the Laws of a territory other than the PRC, or (c) a PRC Governmental Authority.
PRC Person means, wheresoever located, (1) the government of the People’s Republic of China (“the PRC”) or any of its respective departments, agencies, or instrumentalities; (2) any Person organized, domiciled, headquartered, or with a principal place of business in the PRC; or (3) any natural Person with PRC nationality who is not also a U.S. citizen or any natural Person working or residing in the PRC. PRC Person includes any Person who is owned, Controlled by, or acting on behalf of a PRC Person, where “Control” means the power, direct or indirect, whether or not exercised, to determine, direct, or decide important matters affecting a Person. For the avoidance of doubt, Hong Kong, Macau, and all other Special Administrative Regions of China shall be included in the definition of the PRC for the purposes of this Agreement.
PRC Person is generally defined as a natural person, residing in the People's Republic of China, or any entity organized or incorporated under the laws of the People's Republic of China.
Examples of PRC Person in a sentence
Each Warrantor covenants to the Investors that it shall, and shall procure the Group Companies that is a PRC Person to comply with, in all material respects, all Applicable Laws with respect to Taxes in the financial year of 2015.
No direct or indirect Ownership Interest in JD Finance is currently owned by any Person other than a PRC Person.
No direct or indirect Ownership Interest in the Purchaser is currently owned by any Person other than a PRC Person.
All Equity Securities of each Group Company that is a PRC Person have been duly paid in accordance with its Charter Documents and has been verified by a qualified accountant firm (if required by the applicable Law).
The Company is not a PRC Person as of the date of this Agreement, and will not become a PRC Person as a result of the transactions contemplated under this Agreement (including the Closing) or the other Transaction Documents.
More Definitions of PRC Person
PRC Person means (i) any person that is a “Mainland Area Person (大陸地區人民)” as defined in Article 2, Item 4 and Article 3 of the of the Act Governing Relations between the People of the Taiwan Area and the Mainland Area (臺灣地區與大陸地區人民關係條例), Articles 5 and 7 of the Enforcement Rules for the Act Governing Relations Between the People of the Taiwan Area and the Mainland Area (臺灣地區與大陸地區人民關係條例施行細則), (ii) any juristic person, group or other organization registered in the PRC, and (iii) any “Third Jurisdiction Company” invested by any of (i) and (ii) above (第三地區投資之公司) as defined in Article 3, Paragraph 2 of the Regulations Governing People from Mainland Area to Invest in Taiwan (大陸地區人民來臺投資許可辦法), which meets either of the following criteria:
PRC Person means, wheresoever located, (1) the government of the People’s Republic of China (“the PRC”) or any of its respective departments, agencies, or instrumentalities; (2) any Person organized, domiciled, headquartered, or with a principal place of business in the PRC; or (3) any natural Person with PRC nationality who is not also a U.S. citizen or any natural Person working or residing in the PRC. PRC Person includes any Person who is owned, Controlled by, or acting on behalf of a PRC Person, where “Control”
PRC Person means an individual holding a passport issued by the PRC; a resident of any area of the PRC under the effective control or jurisdiction of the PRC (but not including a special administrative region of the PRC such as Hong Kong or Macau, if so excluded by applicable laws of the ROC); and save as aforesaid, any agency or instrumentality of the PRC; and any corporation, partnership or other entity organized under the laws of any such area or controlled by, or directly or indirectly having more than 30% of its capital owned by, or beneficially owned by any such person, resident, agency or instrumentality. The laws of the Republic of China applicable to the withdrawal of Deposited Securities may change from time to time. There can be no assurance that current law will remain in effect or that future changes of ROC law will not adversely affect the ability of Holders to withdraw Deposited Securities hereunder. The Company has informed the Depositary that no Shares may be withdrawn upon presentation of ADSs (and if applicable, the ADRs evidencing such ADSs) for cancellation under this Section 2.7 until (i) the Company has delivered written confirmation that the number of Shares requested for withdrawal have been listed for trading on the TWSE (such Shares, the “Listed Shares”) to the Depositary and the Custodian, (ii) the Listed Shares have been de-materialised (such Shares, the “De-Materialised Shares,” and Shares that are both Listed Shares and De-Materialised Shares, hereinafter referred to as the “Final Shares”), and (iii) an equivalent number of Final Shares are on deposit with the Custodian. The Company has further informed the Depositary that it is expected that newly issued Shares which may be deposited by the Company from time to time and which are not listed for trading on the TWSE at the time of such deposit will be listed on the TWSE for trading and will be fully de-materialised, thereby becoming Final Shares, no later than the fourth ROC business day after the date that the ADSs are issued. The parties hereto acknowledge and agree that (a) the Depositary will deliver Shares represented by ADSs (and if applicable, the ADRs representing such ADSs) presented for cancellation pursuant to this Section 2.7 only to the extent of the number of Final Shares then on deposit with the Custodian, (b) the Depositary will process presentations of ADSs for withdrawal of Final Shares under this Section 2.7 on a first come, first served basis, (c) the Depositary will ...
PRC Person means an individual holding a passport issued by the PRC, a resident of any area of China under the effective control or jurisdiction of the PRC (but not including a special administrative region of the PRC such as Hong Kong or Macau, if so excluded by applicable laws of the ROC), any agency or instrumentality of the PRC and any corporation, partnership or other entity organized under the laws of any such area or controlled or beneficially owned by any such person, resident, agency or instrumentality.
PRC Person means any of (i) the Linqu County State-owned Assets Service Centre (臨朐縣國有資產服务
PRC Person means the Person who is directly or indirectly controlled by central government of the PRC or its provincial, municipal or local counterparts;
PRC Person means, wheresoever located, (1) the government of the People’s Republic of China (“the PRC”) or any of its respective departments, agencies, or instrumentalities; (2) any Person