ODI Approvals. Any and all of (a) the consents, filings and/or registrations with respect to such Investor’s direct or indirect outbound investment to the Company with applicable Governmental Authority pursuant to the applicable PRC laws and (b) the relevant foreign exchange registration procedures with State Administration of Foreign Exchange or one of its designated banks in the PRC with respect to its direct or indirect outbound investment to the Company and the remittance of funds out of PRC by such Investor shall have been duly obtained and completed.
Appears in 2 contracts
Sources: Series a Preferred Share Purchase Agreement (Lotus Technology Inc.), Series a Preferred Share Purchase Agreement (Lotus Technology Inc.)