{"componentChunkName":"component---src-templates-blog-post-ts","path":"/closing-conditions-require-compliance-with-all-applicable-securities-legislation/","result":{"data":{"site":{"siteMetadata":{"title":"Clausehound Blog","author":"Joshua Koudys"}},"markdownRemark":{"id":"8b53f31c-f737-5062-b052-277297d46cf4","excerpt":"Parties to a subscription agreement need to be aware of the regulatory approvals required for the shares to be issued or transferred. They should pay…","html":"<p>Parties to a <strong>subscription agreement</strong> need to be aware of the regulatory approvals required for the shares to be issued or transferred. They should pay particularly close attention to the applicable securities laws that apply to the transaction. </p>\n<p>This article discusses Whirlpool Corporation, which received written approval from the China Securities Regulatory Commission (CSRC) to acquire a 51 percent stake in Hefei Rongshida Sanyo Electric Co., Ltd. This was the final key regulatory approval required in the acquisition.</p>\n<p><a href=\"http://www.sys-con.com/node/3184367?\" target=\"_blank\" rel=\"nofollow noopener\">Read the article here.</a></p>\n<h3>Takeaway:</h3>\n<ul>\n<li>Before completing the issuance or transfer of shares via a subscription agreement, ensure you have complied with all applicable securities laws.</li>\n</ul>","frontmatter":{"title":"Closing Conditions Require Compliance With All Applicable Securities Legislation","date":"September 24, 2015","description":"Parties to a subscription agreement need to be aware of the regulatory approvals required fo r the shares to be issued or transferred.","author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal","bio":"Rajah Lehal is Founder and CEO of Clausehound.com.  Rajah is a legal technologist and technology lawyer who is, together with the Clausehound team, capturing and sharing lawyer expertise, building deal negotiation libraries, teaching negotiation in classrooms, and automating negotiation with software.","image":{"childImageSharp":{"fluid":{"base64":"data:image/jpeg;base64,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","aspectRatio":1,"src":"/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg","srcSet":"/static/d7bbad08c257f3987a4a5710553e9e17/2b9ee/Rajah.jpg 80w,\n/static/d7bbad08c257f3987a4a5710553e9e17/e5d64/Rajah.jpg 160w,\n/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg 320w,\n/static/d7bbad08c257f3987a4a5710553e9e17/6e63d/Rajah.jpg 400w","sizes":"(max-width: 320px) 100vw, 320px"}}}},"tags":["Conditions of Closing","Subscription Agreement","Company Formation","Rajah"]}}},"pageContext":{"slug":"/closing-conditions-require-compliance-with-all-applicable-securities-legislation/","previous":{"fields":{"slug":"/payment-terms-may-be-the-most-important-part-of-a-consulting-agreement/"},"frontmatter":{"title":"Payment Terms May Be the Most Important Part of a Consulting Agreement","tags":["Consulting Agreement","Payment Terms","Human Resources","info@clausehound.com"],"author":{"id":"info@clausehound.com","first":"","last":null}}},"next":{"fields":{"slug":"/where-is-an-online-product-deemed-to-be-received/"},"frontmatter":{"title":"Where is an Online Product Deemed to be 'Received'?","tags":["Delivery of Product","Product Sales Agreement","Commercial Activities","info@clausehound.com"],"author":{"id":"info@clausehound.com","first":"","last":null}}}}}}