HK Entity definition

HK Entity means Best Logistics Technologies Limited (百世物流科技有限公司).

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HK Entity means Queen’s Road Investment Management Limited, a limited liability company legally organized and existing under the laws of the Special Administrative Region of Hong Kong.

HK Entity has the meaning given to that term in introductory paragraph of this Agreement.

Examples of HK Entity in a sentence

• Each of the Warrantors agrees that the process by which any legal proceedings in Hong Kong are begun may be served on it by being delivered to the HK Entity in Hong Kong at ▇▇▇▇ ▇▇, ▇▇/▇, ▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇ ▇▇▇▇ Street, ▇▇▇▇ ▇▇▇▇ Hang, Hong Kong.

• The Company does not currently own or control, directly or indirectly, any interest in any other corporation, partnership, trust, joint venture, limited liability company, association or other business entity other than the WFOE, HK Entity and the Domestic Entities.

• Section 2.2(B)(a) of the Schedule of Exceptions completely and accurately lists all those who are the beneficial owners of the registered capital of WFOE and the Domestic Entities and the respective percentage of registered capital held thereby, and the shareholders of the HK Entity, and as will be held thereby immediately prior to the Closing.

• If the HK Entity ceases to have a place of business in Hong Kong, each of the Warrantors shall forthwith appoint a person in Hong Kong to accept service of process on its/his respective behalf in Hong Kong and immediately notify the Investors of such appointment, and, failing such appointment within fifteen (15) days, the Investors shall be entitled to appoint such a person by notice to the Warrantors.

• The business of the Company and the HK Entity (as defined below) shall be restricted to the holding and management of its equity interest in the HK Entity and the WFOE (as defined below).

• The business of the HK Entity shall be restricted to the holding of shares or equity interest in the WFOEs.

• The business of the Company shall be restricted to the holding of shares or equity interest in the HK Entity.

• The Company shall have established a wholly subsidiary in Hong Kong (the “HK Entity”), and the HK Entity shall have established a wholly foreign-owed enterprise in Beijing (the “WFOE”), and the WFOE shall have obtained a business license.

• The HK Entity is qualified to do business and is in good standing in each jurisdiction where it has an operation.

• The equity interests in and assets of the HK Entity and the WFOEs are free and clear of all Liens, and no Person other than the Company has any right to participate in, or receive any payment based on any amount relating to, the revenue, income, value or net worth of the HK Entity or the WFOEs or any component or portion thereof, or any increase or decrease on any of the foregoing.

More Definitions of HK Entity

HK Entity has the meaning given to that term in Schedule D-1 of this Agreement.

HK Entity means Nuomi (HK) Technology Development Co., Limited, a limited liability company legally organized and existing under the laws of Hong Kong Special Administrative Region.

HK Entity means the company to be incorporated by the Subscriber in Hong Kong.

HK Entity means Queen's Road Investment Management Limited, a limited liability company legally organized and existing under the laws of the Special Administrative Region of Hong Kong.