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Common use of Business of the Subsidiaries Clause in Contracts

Business of the Subsidiaries. The business of each of the Subsidiaries shall be restricted to its respective scope of business as stated in its articles of association, business license and required for the carrying on of the Principal Business.

Appears in 5 contracts

Sources: Series a Preferred Share Purchase Agreement (Le Gaga Holdings LTD), Series A1 Preferred Share Purchase Agreement (Le Gaga Holdings LTD), Share Subscription Agreement (Le Gaga Holdings LTD)

Related Clauses

  • Business of the Company
  • Investments and Subsidiaries
  • Subsidiaries
  • Capitalization of the Company and its Subsidiaries
  • Conduct of Business of the Company

Parent Clauses

  • COVENANTS OF THE COMPANY, THE SUBSIDIARIES AND THE FOUNDERS
  • COVENANTS OF THE GROUP COMPANIES AND THE SELLER PARTIES
  • MADE IN CHINA LTD
  • Vendor’s Representations and Warranties
  • REPRESENTATIONS AND WARRANTIES OF THE VENDOR AND ▇▇▇▇▇▇▇▇
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