Examples of PRC Operating Entity in a sentence
Following this introduction, section 2 discusses scholarly approaches to pork-barrelling and highlights the key features of the Greek political setting.
Pursuant to the Loan Agreement, Tibet Yongsi agreed to provide interest-free loans to Tianli Education in accordance with the PRC laws and regulations and Tianli Education agreed to utilize the proceeds of such loans to contribute as capital to our PRC Operating Schools directly or through the relevant PRC Operating Entity in its capacity as school sponsor of our PRC Operating Schools in accordance with our instructions.
Term: Each Exclusive Technology Service Agreement shall have a term of twenty years and will be automatically renewed on a yearly basis after expiration unless otherwise notified by the relevant WFOE, and shall be terminated when the operating term of the relevant WFOE or the relevant PRC Operating Entity expires.
Term: Each Exclusive Call Option Agreement will expire when all the equity interests in and assets of the relevant PRC Operating Entity have been transferred to the relevant WFOE or its designated entities or individuals.
To the extent permitted by law, each PRC Operating Entity is not contractually entitled to terminate the relevant Exclusive Technology Service Agreement with the relevant WFOE.