Maintenance of Group Structure. The Covenantors shall maintain the corporate structure of the Group (including without limitation the Company’s control over each Domestic Company) and, the Covenantors shall cause that (i) the shareholding structure of the Domestic Companies will not be changed and (ii) the control documents between the Beijing WFOE and the Domestic Companies (and its shareholders) will not be amended, in each case without the prior consent of the Board.
Appears in 2 contracts
Sources: Shareholder Agreement (uCloudlink Group Inc.), Shareholder Agreement (uCloudlink Group Inc.)
Maintenance of Group Structure. The Covenantors shall maintain the corporate structure of the Group (including without limitation the Company’s control over each the Domestic Company) andCompanies), and the Covenantors shall cause that (i) the shareholding structure of the Domestic Companies each Group Company will not be changed and (ii) the control documents Control Documents between the Beijing WFOE and WFOE, the relevant Domestic Companies (and its their shareholders) will not be amended, in each case without the prior consent of the BoardPreferred Majority.
Appears in 2 contracts
Sources: Shareholder Agreement (Bilibili Inc.), Shareholder Agreements (Bilibili Inc.)
Maintenance of Group Structure. The Covenantors shall maintain the corporate structure of the Group (including without limitation the Company’s control over each Domestic Company) and, the Covenantors shall cause that (i) the shareholding structure of the each Domestic Companies Company will not be changed and (ii) the control documents Control Documents between the Beijing WFOE and the each Domestic Companies Company (and its shareholders) will not be amended, in each case without the prior consent of the BoardPreferred Majority, voting together as a single class.
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