Amendment of Registration. Within five (5) Business Days of the Company’s receipt of an approval from the examination and approval Authority, the Company shall, and Seller shall procure the Company to, register with the Administration of Industry and Commerce (“AIC”), or any equivalent government Authority in the PRC (i) the transfer of the Equity Interests, (ii) the Amended Articles of the Company. The Company shall, and Seller shall procure the Company to, obtain from the Authority in the PRC an updated business license reflecting the completion of the transfer of the Equity Interests as soon as practicable after the date hereof.
Appears in 1 contract
Sources: Purchase Agreement (iFresh Inc)
Amendment of Registration. Within five (5) Business Days of the each Company’s receipt of an approval from the examination and approval Authority, the each Company shall, and Seller Sellers shall procure the each Company to, register with the Administration of Industry and Commerce (“AIC”), or any equivalent government Authority in the PRC (i) the transfer of the Equity Interests, (ii) the Amended Articles of the each Company. The Each Company shall, and Seller Sellers shall procure the each Company to, obtain from the Authority in the PRC an updated business license for each Company reflecting the completion of the transfer of the Equity Interests as soon as practicable after the date hereof.
Appears in 1 contract
Sources: Purchase Agreement (iFresh Inc)
Amendment of Registration. Within five (5) Business Days of the Company’s receipt of an approval from the examination and approval Authority, the Company shall, and Seller Sellers shall procure the Company to, register with the Administration of Industry and Commerce for Market Regulation (“AICAMR”), or any equivalent government Authority in the PRC (i) the transfer of the Equity Interests, (ii) the Amended Articles of the Company. The Company shall, and Seller Sellers shall procure the Company to, obtain from the Authority in the PRC an updated business license for the Company reflecting the completion of the transfer of the Equity Interests as soon as practicable after the date hereof.
Appears in 1 contract
Sources: Purchase Agreement (iFresh Inc)