Common use of Qualification certificate Clause in Contracts

Qualification certificate. Each divested entity has obtained all necessary approvals, consents, authorizations, and licenses for its establishment and business operations. The aforementioned approvals, consents, authorizations, and licenses are fully valid and there is no circumstance of change, revocation, or non-renewal. The signing or performance of this Agreement or any documents to be signed prior to the closing date shall not result in any such approval, consent, authorization or permit being revoked, suspended, altered or not renewed.

Appears in 1 contract

Sources: Equity Transfer Agreement (Tarena International, Inc.)

Qualification certificate. ​ Each divested entity has obtained all necessary approvals, consents, authorizations, and licenses for its establishment and business operations. The aforementioned approvals, consents, authorizations, and licenses are fully valid and there is no circumstance of change, revocation, or non-renewal. The signing or performance of this Agreement or any documents to be signed prior to the closing date shall not result in any such approval, consent, authorization or permit being revoked, suspended, altered or not renewed.. ​

Appears in 1 contract

Sources: Equity Transfer Agreement (TCTM Kids IT Education Inc.)