Common use of Responsibilities of Party B Clause in Contracts

Responsibilities of Party B. In addition to its other obligations under this Contract, Party B shall be responsible for the following matters: (1) Providing capital contributions in accordance with the terms and conditions of this Contract and the Capital Contribution Schedule attached as Appendix 2 hereto; (2) Providing any necessary assistance to the Joint Venture's recruitment of suitable expatriate management personnel, technical personnel and other necessary expatriate employees to be employed by the Joint Venture on the basis of merit; (3) Assisting the Joint Venture to contact banks and other financial institutions outside of the PRC and hold discussions with them with respect to the raising of any foreign exchange loans required by the Joint Venture; (4) Assisting the Joint Venture in training key staff and employees; (5) Seconding relevant management personnel, technical personnel and other necessary staff to work for the Joint Venture as per the Joint Venture's request; (6) To the extent practicable, providing internationally advanced technology to the Joint Venture; and (7) Assisting with and carrying out other relevant matters requested by the Joint Venture from time to time.

Responsibilities of Party B. In addition to its other obligations under this Contract, Party B and shall be responsible for the following matters: (1) Providing capital contributions in accordance with the terms and conditions of this Contract and the Capital Contribution Schedule attached as Appendix 2 heretoContract; (2) Providing any necessary assistance to the Joint Venture's recruitment of suitable expatriate management personnel, technical personnel and other necessary expatriate employees to be employed by the Joint Venture on the basis of merit; (3) Assisting the Joint Venture to contact banks and other financial institutions outside of the PRC and hold discussions with them with respect to the raising of any foreign exchange loans required by the Joint Venture; (4) Assisting the Joint Venture in training key staff and employees; (5) Seconding relevant management personnel, technical personnel and other necessary staff to work for the Joint Venture as per the Joint Venture's request; (6) To the extent practicable, providing internationally advanced technology to the Joint Venture; and (76) Assisting with and carrying out other relevant matters requested by the Joint Venture from time to time.