Common use of Business Entity Clause in Contracts

Business Entity. Notwithstanding the foregoing, the WXPT Group Companies shall be the primary entities carrying out the businesses set out in Clauses 2.1.1 to 2.1.9 above. Where the Company and/or WXPT Group Companies have rejected new projects or transactions offered to it, the Founders shall not accept or engage in such new projects or transactions.

Appears in 2 contracts

Sources: Joint Venture Agreement, Joint Venture Agreement (WuXi PharmaTech (Cayman) Inc.)