WOFE definition
Examples of WOFE in a sentence
According to this Agreement, WOFE can act its Entrusted rights fully and completely according to the effective articles of associations of the Company.
Under the terms of Kangping’s WOFE approval, the Company must remit an amount due to the former Kangping shareholders of RMB 132,214,500 within 3 months of the date after the issuance of the WOFE business license.
On September 4, 2006, the Shengyang Administrative Bureau of Industry and Commerce issued a business licence for Kangping as a WOFE.
If the Breaching Party does not perform any remedy measures in the reasonable time required by the Observant Party or within 10 days after the written notice of the Observant Party, then (1) if the shareholders or the Company is the breaching party, WOFE can terminate this Agreement and ask for remedies; (2)if WOFE is the breaching party, the observant party shall ask for remedies, but cannot terminate the Agreement.
The said price for exercise of call option shall be paid by WOFE on a lump sum basis to such account as designated by the Shareholders or the Company when WOFE exercises the call option.