PRC Laws and Regulations definition

PRC Laws and Regulations refers to the laws, administrative regulations, administrative rules, local regulations, judicial interpretations and other binding legal documents of the People’s Republic of China that are in force at the time.
View Source
PRC Laws and Regulations means the PRC Cybersecurity Law, the PRC Data Security Law, the PIPL, the PRC Civil Code, the PRC Civil Procedure Law, the Measures on the Standard Contract for Outbound Transfer of Personal Information, and any other applicable PRC laws and regulations;
View Source
PRC Laws and Regulations means PRC laws, regulations and rules which are officially promulgated, published, publicly available and already implemented.
View Source

Examples of PRC Laws and Regulations in a sentence

  • Under the latter situation, WFOE is entitled to exercise the Stock Option in installments in accordance with the gradual relaxation of the Upper Limit allowed by PRC Laws and Regulations until all the Stock Option has been exercised.

  • Party A’s exercise of the Equity Interest Purchase Option shall be subject to compliance with the provisions of PRC Laws and Regulations.

  • To the extent a Party Processes Personal Information of the other Party subject to Applicable Data Protection Laws or Applicable PRC Laws and Regulations, Appendix C (Data Processing Agreement) shall apply as set forth therein.

  • The conclusion, validity, interpretation, implementation of this Agreement and the resolution of disputes hereunder, shall be governed by PRC Laws and Regulations.

  • Subject to the procedural requirements and public policy considerations as set forth in applicable provisions of PRC Laws and Regulations relating to the enforceability of foreign court judgments and arbitration awards, the choice of law provisions set forth in this Agreement do not contravene the Laws of the PRC.

  • In the latter situation, WFOE is entitled to exercise the Stock Option in installments in accordance with the gradual relaxation of the Upper Limit allowed by PRC Laws and Regulations until all the Stock Option has been exercised.

  • The irrevocable and unconditional waiver and agreement of the Company in the Transaction Documents not to plead or claim any such immunity in any legal action, suit or proceeding based on the Transaction Documents is valid and binding under the laws of the Cayman Islands and Hong Kong and the PRC Laws and Regulations.

  • The purchase price of the Option Equity Interest pursuant to an exercise of the Option by Party A or the Designee shall be the lowest price permitted under PRC Laws and Regulations.

  • The Company covenants and agrees that it has been fully compensated by the WFOE, and therefore shall within ten (10) business days upon receipt of the transfer price and at the request of the WFOE (a) subject to compliance with PRC Laws and Regulations, transfer all of the transfer price to the WFOE or any of its designated entity or individual, or (b) transfer the transfer price to a bank account designated by the WFOE for expenditure and use under oversight of the WFOE.

  • Please see the section headed ‘‘The PRC Laws and Regulations Relating to the Industry — Laws and Regulations Relating to Production Safety’’ for more information.

Related to PRC Laws and Regulations

  • Applicable Laws and Regulations means all duly promulgated applicable federal, State and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, permits and other duly authorized actions of any Governmental Authority having jurisdiction over the relevant parties, their respective facilities, and/or the respective services they provide.

  • Laws and Regulations means: (i) any legislation, regulation, by-law or subordinate legislation in force from time to time to which a party is subject and/or in any jurisdiction that the Goods and Services are provided to or in respect of; (ii) any binding court order, judgment or decree; (iii) any applicable industry code, policy or standard; or (iv) any applicable direction, policy, rule or order that is binding on a Party and that is made or given by any regulatory body having jurisdiction over a Party or any of that Party’s assets, resources or business.

  • Sanctions Laws and Regulations means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by (a) the U.S. government, including those administered by OFAC or the U.S. Department of State, or (b) the United Nations Security Council, the European Union or Her Majesty’s Treasury of the United Kingdom.

  • Data Protection Laws and Regulations means all laws and regulations, including laws and regulations of the European Union, the European Economic Area and their Member States, Switzerland and the United Kingdom, applicable to the Processing of Personal Data under the Agreement.

  • Applicable law and regulations means the Federal Credit Union Act and rules and regulations issued thereunder or other applicable federal and state statutes and rules and regulations issued thereunder as the context indicates.