Business Scope Sample Clauses
The Business Scope clause defines the specific activities, services, or products that a business or contractual relationship will cover. It typically outlines the boundaries within which the parties are permitted to operate, such as specifying particular markets, industries, or types of transactions. By clearly delineating what is included and excluded from the agreement, this clause helps prevent misunderstandings and disputes about the parties' rights and obligations, ensuring that all parties have a shared understanding of the contract's intended reach.
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Business Scope. According to this Agreement, Party B shall provide credit lines to Party A. Complying with other relevant single agreements, Party A may apply to Party B for circulation, adjustment or one-time use for short-term loans, overdraft of corporate account, bank acceptance, trade financing, letter of guarantee, capital business and other credit business (collectively referred to as “single credit business”). The trade financing business mentioned in this Agreement includes the opening of domestic and international letter of guarantee, import documentary, delivery guarantee, packaged loans, outward documentary, outward bill discount, buyer’s documentary of domestic letter of credit, seller’s documentary of domestic letter of credit, negotiation of domestic letter of credit and other international and domestic trade financing business. The guarantee business mentioned in this agreement includes various international and domestic guarantee businesses such as issuing guarantee and standby letter of credit.
Business Scope. The business of the JVC shall be production, processing and export of graphite products, including high purity graphite, expandable graphite, graphite sheet or other graphite products as may be determined by the JVC.
Business Scope. Within one (1) month after the Series B1 Closing, Jifen shall have submitted an application to the local branch of the SAIC regarding its amendment of business scope to including the activity to engage in providing internet information services (从事互联网信息服务) and the local branch of the SAIC shall have approved such application of Jifen and issued a new business license to Jifen reflecting the expanded business scope.
Business Scope. The Joint Venture shall have a scope of business in drug research and development, production and sales, subject to the approval by the competent I&C authorities.
Business Scope. Unless written agreement from Party A is achieved, Party B shall not (directly or indirectly) undertake any business within the operation scope regulated by its business license.
Business Scope. 2.1 The JV Company's core objective shall be to engage in commercially profitable exploration and mining within the JV Area. The JV Company's business scope shall include the exploration, mining, processing, refining and selling of copper, gold and other related metal and mineral products.
2.2 In addition to the permits that the Chinese Party must transfer to the JV Company in accordance with Article 7.2, the JV Company may also acquire or apply for additional exploration and mining permits around the perimeter area of the JV Area.
Business Scope. Consultation for marketing information of medical appliance; wholesale and resale of health care productions (except for medicine); consultation for marketing information of household health care appliance; consultation and training for information of medicine and health care production.(Above business scope does not include the marketing medical appliance and medicine that belong to category II and category III. )
Business Scope. The business scope of the Company is as follows: assembly and testing services for semiconductors (silicon and compound semiconductor) and integrated circuits (including sub-systems and modules), technology development, technical services, and sales of the products manufactured by the Company, including manufacturing of MEMS and compound semiconductor integrated circuit and advanced assembly and testing of BGA, CSP and MCM etc. (operations and activities subject to any approval according to the Laws may not be carried out unless such approval is issued by the competent authority).
Business Scope. The business of the JVC shall be exploration, production and processing of Minerals, including base and precious metals, and industrial minerals in order to extract and process such Minerals or related products.
Business Scope. The JVC’s business scope shall be the development and commercialization of JVC Products in the Territory.