ODI Approvals. With respect to Mission Bloom, any and all of (a) the consents, filings and/or registrations with respect to Mission Bloom’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 Mission Bloom shall have been duly obtained and completed.
Appears in 2 contracts
Sources: Series Pre a Preferred Share Purchase Agreement (Lotus Technology Inc.), Series Pre a Preferred Share Purchase Agreement (Lotus Technology Inc.)