Common use of Business of the Group Companies Clause in Contracts

Business of the Group Companies. Except for holding the interest in their respective Subsidiaries, neither the Company nor the HK Subsidiary shall engage in any business or operations without the consent of the Requisite Preferred Holders. The business of each other Group Companies shall be restricted to the Business, except with the approval of the Board and any required approvals under Section 10.

Appears in 2 contracts

Samples: Shareholders Agreement, Second Amended and Restated Shareholders Agreement (LaShou Group Inc.)

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Business of the Group Companies. Except for holding the interest in their respective its Subsidiaries, neither each of the Company nor and the HK Subsidiary Company shall not engage in any business or operations without except with the consent approval of the Requisite Preferred HoldersBoard and any required approvals under Section 10. The business of each other Group Companies Company shall be restricted to the Business, except with the approval of the Board and any required approvals under Section 10.

Appears in 2 contracts

Samples: Amended and Restated Shareholders Agreement (Cango Inc.), Shareholders Agreement (Cango Inc.)

Business of the Group Companies. Except for holding the interest in their respective the applicable Subsidiaries, neither the Company nor the HK Subsidiary shall engage in any business or operations without the consent of the Requisite Preferred HoldersMajority Shareholders. The business of each other Group Companies shall be restricted to the Business, except with the approval of the Board and any required approvals under Section 1011.

Appears in 2 contracts

Samples: Shareholders Agreement (Dada Nexus LTD), Sixth Amended and Restated Shareholders Agreement (Dada Nexus LTD)

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Business of the Group Companies. Except for holding the interest in their respective the applicable Subsidiaries, neither none of the Company nor Company, the BVI Subsidiary or the HK Subsidiary shall engage in any business or operations without the consent of the Requisite Preferred HoldersSupermajority Investors. The business of each other Group Companies Company shall be restricted to the Business, except with the approval of the Board and any required approvals under Section 10.

Appears in 1 contract

Samples: Shareholder and Note Holder Agreement (Aesthetic Medical International Holdings Group LTD)

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