Common use of Taking Effect Clause in Contracts

Taking Effect. This Agreement shall take effect as of the date agreed by the parties of the Agreement when the following requirements are met: 7.1 The shareholders’ meeting of A Share Company approves of the implementation of this Agreement in line with the laws, regulations and listing rules, as applicable to it. 7.2 The shareholders’ meeting of Red-chip Company approves of the transfer by A Share Company of its rights and obligations under this Agreement to CUCL in line with the laws, regulations and listing rules, as applicable to it.

Taking Effect. This Agreement shall take effect as of the date agreed by the parties of the Agreement when the following requirements are met: 7.1 The shareholders’ meeting of A Share Company approves of the implementation of this Agreement in line with the laws, regulations and listing rules, as applicable to it. 7.2 The shareholders’ meeting of Red-chip Company approves of the transfer by Unicom A Share Company of its rights and obligations under this Agreement to CUCL in line with the laws, regulations and listing rules, as applicable to it.