VIE Contract definition

VIE Contract means any arrangement, instrument or agreement that is part of any contractual arrangements enabling a Group Member or the Target Group to exercise effective Control over a VIE Group Member or consolidate the financial condition or results of operation of a VIE Group Member for the purposes of the consolidated financial statements of the Group or the Target Group, including (but not limited) to (on and from the date of their execution):
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VIE Contract means any arrangement, instrument or agreement that is part of any contractual arrangements enabling a Group Member to exercise Control over a VIE Group Member or consolidate the financial condition or results of operations of a VIE Group Member for the purposes of the consolidated financial statements of the Group;
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VIE Contract means, with respect to any Variable Interest Entity, contractual arrangements that requires the Company to consolidate such Variable Interest Entity for financial reporting purposes pursuant to the GAAP by virtue of enabling the Company to (1) have power to direct the activities that most significantly affect the economic performance of the Variable Interest Entity, and (2) receive the economic benefits of the Variable Interest Entity that could be significant to the Variable Interest Entity.
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Examples of VIE Contract in a sentence

  • None of the parties to any VIE Contract has sent or received any communication regarding termination of or intention not to renew any VIE Contract, and no such termination or non-renewal has been threatened by any of the parties thereto.

  • Any party to a VIE Contract fails to comply with the provisions of, or does not perform its obligations under, the VIE Contract and, if the non-compliance is capable of remedy, it is not remedied within 20 Business Days of the earlier of the Agent giving notice to that party or that party becoming aware of the non-compliance.

  • Each VIE Contract is valid, in full force and effect, and constitutes the legal, valid and binding obligations of the contracting party, enforceable against such party in accordance with its terms, subject to the Enforceability Carveouts.

  • Except for the VIE Contract, there are no shareholder agreements, voting trusts, proxies or other agreements or understandings to which the Company or any Company Subsidiary is a party or by which any of them is bound relating to the transfer, voting or registration of any Equity Interests of the Company or any Company Subsidiary or preemptive rights with respect thereto.

  • Therefore, the Company will only apply to the Stock Exchange for the waiver from strict compliance with (i) setting a maximum aggregate annual cap pursuant to Rule 14A.53 of the Listing Rules for the services fees payable by the OPCO to the WFOE under the relevant VIE Contract; and (ii) fixing the term of the VIE Contracts and having a term of not exceeding three years pursuant to Rule 14A.52 of the Listing Rules.

  • Each VIE Contract is in proper legal form under PRC Laws for the enforcement thereof against the parties thereto in the PRC.

  • Each VIE Contracts is duly executed and effective, in proper legal form under applicable PRC Laws and constitutes a valid and legally binding obligation of the parties named therein enforceable in accordance with its terms, and is in full force and effect and no party to any VIE Contract is in breach or default in the performance or observance of any of the terms or provisions of such VIE Contract.

  • Each VIE Contract is in proper legal form under applicable PRC Laws for the enforcement thereof against the parties thereto in the PRC.

  • None of the parties to any VIE Contract has sent or received any written communication providing notice of termination or nonrenewal of any VIE Contract.


More Definitions of VIE Contract

VIE Contract means any arrangement, instrument or agreement that is part of any contractual arrangements enabling a member of the Group or the Target Group to exercise effective Control over a VIE Entity or consolidate the financial condition or results of operation of a VIE Entity for the purposes of the consolidated financial statements of the Group or the Target Group.
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