Rights and Obligations of Party A Clause Samples
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Rights and Obligations of Party A. ▇. ▇▇▇▇▇ A has the right to require Party B to keep in confidence relevant financial information and trade secrets relating to production and operation of Party A unless otherwise provided by laws and regulations.
2. Party A shall provide relevant financial information and information relating to production and operation as required by Party B and shall be responsible for the authenticity, integrity and validity of such information.
3. Party A undertakes that all settlements and deposits relating to the Loan shall be conducted through its accounts opened with Party B or Party B’s relevant branch.
4. Party A shall assist in and accept Party B’s inspection and supervision of its production, operation, financial activities and utilization of the Loan.
5. Party A shall utilize the Loan for the purpose as provided for hereunder.
6. Party A shall punctually repay the principal and interest in accordance with this Contract.
7. Party A or its investors shall not transfer any funds or assets in order to evade the indebtedness owed to Party B.
8. Party A shall give Party B a prior written notice for Party B’s consent if Party A intends to provide security for any third party during the term of this Contract and such security may affect Party A’s ability to make repayment under this Contract.
9. Party A shall promptly arrange for new security(ies) satisfactory to Party B where the Guarantor in respect of this Contract ceases or suspends production; its corporate registration is canceled, or business license revoked; it is bankrupt or dissolved; it is operating at a loss; or any other negative change has occurred, and such aforementioned incidents result in loss or partial loss of the Guarantor’s ability to secure the Loan, or where the mortgaged or pledged property(ies) for securing the Loan depreciate(s) or is (are) damaged or destroyed.
10. Party A shall promptly inform Party B of any relevant changes during the term of this Contract, including without limitation its business name, legal representative (or chief officer), registered office, business purpose or registered capital.
11. Where Party A intends to carry out activity(ies) during the term of this Contract which may have an impact on the realization of Party B’s rights hereunder, Party A shall give Party B a [30] banking days prior written notice for its consent to such intended activity(ies) and shall further take sufficient measures to safeguard the repayment of the indebtedness under this Contract and ar...
Rights and Obligations of Party A. 1. Party A shall provide a duplicate copy of business license for Internet information service added value communication operation or a related proof of filing of non-operational Internet information service to Party B.
2. Should Party A plan to provide electronic bulletin service, a special application or special filing shall be submitted to the relevant departments in accordance with the laws and regulations of the People’s Republic of China, and shall provide the related proofs of the special application or special filing.
3. Party A’s information operation must conform to the “Administrative Procedure for Internet Information Service”, “Administrative Provision for Internet Electronic Bulletin Service”, and other relevant laws and regulations of the People’s Republic of China. Party A shall not engage in any illegal operation and shall be held liable for any legal liability induced by its information operation.
4. The information server equipment placed by Party A in Party B’s communication mechanical room shall meet all the technical interface indices and terminal communication technical standards of communication network of the People’s Republic of China. Electronic features and communication methods shall not affect the safety of public network.
5. Party A shall comply to the administrative rules of mechanical room of Party B and shall assure the safety of its information server equipment and information content.
6. Party A shall pay the fees to Party B in accordance with the amount, due date, and method stipulated in this Agreement.
7. Should Party A require Party B to provide services, such as reset of host computer, Party A shall provide accurate contact telephone number to Party B for confirmation. Should the telephone number provided by Party A be inaccurate or notification of telephone number change be delayed leading to failure of confirmation by Party B, Party B shall reserve the right not to bear the obligation of providing services, such as reset of host computer of Party A. Party A shall be held liable to bear all losses.
8. Party A shall be fully liable for any illegal operation leading to damage of Party B’s equipment. The compensation shall be limited by the repurchase cost of the damaged equipment and hardware, and shall not include the relevant software, databanks, and the similar configurations.
9. Within 30 days of placing server in Party B’s mechanical room, Party A shall process the relevant filing procedure in Beijing Computer S...
Rights and Obligations of Party A. 1. Party A shall have the right to make clear, explicit and reasonable requirements for service items provided by Party B.
2. Party A shall have the right to inspect the completion of service items by Party B’s staff and give corresponding feedback to Party B.
3. If the service provided by Party B’s staff fails to meet the relevant requirements, Party A shall have the right to request Party B to replace its personnel after assessment and confirmation by both parties.
4. Party A shall have the right to supervise and guide the progress of the services and put forward suggestions for improvement.
5. The employees provided by Party B to Party A are legitimate employees carefully selected by Party B, and Party A shall not employ Party B’s employees without Party B’s consent. Party B shall not be liable for any failure or delay in completion of the services hereunder due to Party A’s employment of Party B’s staff.
6. Party A shall pay the service fee and other expenses agreed by both parties to Party B on time and in full amount.
7. Party A shall cooperate with Party B to strengthen the daily management of Party B’s door-to-door service staff.
8. Party A shall designate relevant person in charge to examine and confirm the work tasks completed by Party B and its staff as agreed by both parties.
9. Without the written consent of Party B, Party A shall not designate Party B ’s employees to engage in work beyond the services items. Otherwise, Party A shall be liable for indemnification in case of any accidental injury to Party B’s employees or any damage to any third party arising therefrom.
10. Party A shall provide Party B’s staff with office places and working equipment which are safe, compliant with laws and regulations in relation to national labor protection and other working conditions necessary for accomplishing work tasks.
11. In case of any change in Party A’s Outsourcing Service Project or business operation, Party B shall increase or decrease its service personnel in accordance with the following notification principles:
11.1 Party A shall inform Party B one week in advance of any increase or decrease of less than or equal to 10 persons;
11.2 Party A shall inform Party B two weeks in advance of any increase or decrease of more than 10 persons.
Rights and Obligations of Party A. 8.1 Party A shall have the following rights:
8.1.1 To require Party B to make payment of the principal and interest of the Loan when they become due;
8.1.2 To require Party B to provide any information relating to the Loan;
8.1.3 To look into the operations and financial activities of Party B;
8.1.4 To supervise Party B on its usage of the Loan for the purpose prescribed herein;
8.1.5 To deduct the principal and interest of the Loan directly from Party B’s account;
8.1.6 To require Party B to prepay the Loan before due date or stop Party B from making further drawdown in accordance with the provisions hereof if Party B is in default of performance of its obligations hereunder;
8.1.7 To require Party B to pay in full the principal and interest of the Loan and all other relevant expenses hereunder immediately, to transfer all the debts hereunder to an assignee acceptable to Party A, or to provide/increase security acceptable to Party A if Party B is found to have been in any of the situations specified in Clause 7.2.6.
8.2 Party A shall undertake the following obligations:
8.2.1 To grant the Loan to Party B upon the terms stated in this Contract;
8.2.2 To keep Party B’s indebtedness, financial, production and operational conditions confidential unless otherwise required by law.
Rights and Obligations of Party A. 1. Has the right to know the contents and terms of the Master Contract executed by Party B and the Debtor;
2. Has the obligation to accept the financial supervision conducted by Party B and truthfully provide relevant financial information as required by Party B; and to sign and receive the collection letter or other collection documents issued by Party B and send the receipt within 3 days of signing and receiving.
3. In case of contracting, leasing, shareholding reform, joint operation, consolidation, merger, division, joint venture, application for suspension of business for rectification, application for dissolution, application for bankruptcy or change of registered capital, Party A shall give a 30 days’ prior notice to Party B;
4. In case of production suspension, business suspension, cancellation of registration, revocation of business license, legal representative or principal person in charge engaging in illegal activities, involving in a lawsuits with more than 20% of the registered capital, serious difficulties in production and operation, and deterioration of financial situation, Party A shall give a 5 days’ prior notice to Party B;
5. In the event that any of the above situations compromise Party A’s guarantee ability, Party A shall ensure that all the guarantee liabilities hereunder will be properly fulfilled;
6. During the guarantee period, in the event that Party A provides any form of guarantee to any third party, it shall not damage Party B’s interests;
7. Party A shall be obliged to supervise the Borrower’s use of the loan; upon expiration of the principal debt performance period, Party A shall be obliged to urge the Debtor to pay off the debts.
8. Prior to the completion of the performance of the loan contract, Party A may not exercise the right to claim repayment or any right obtained under this Guarantee Contract, even if Party A has paid off part of the debts. However, if Party A’s intend is to maintain the limitation of action, this limitation shall not apply, and the enforcement fund of the action shall be used to repay the principal and interest of the loan first.
Rights and Obligations of Party A. 7.1 Party A shall have:
7.1.1 Right to request Party B to repay the principal, interest and expenses of the loan, advance and other debt under the credit granting under this Agreement and the specific contract in full and on time;
7.1.2 Right to request Party B to provide information related to the use of the LOC;
7.1.3 Right to know the production and operation and financial activities of Party B;
7.1.4 Right to supervise Party B’s use of loans and/or other credits for the purposes specified in this Agreement and each specific contract; directly suspend or limit the corporate online banking function of Party B’s account when the business needs it (including but not limited to closing the online banking, presetting the list of payment targets/single payment limit/phased payment limit, etc.), restrict the sale of settlement documents, or restrict telephone banking, mobile banking and other non-counter payment and universal cash withdrawing functions of Party B’s account;
7.1.5 Right to entrust other agencies of China Merchants Bank located at the place where the beneficiary is located to issue subsidiary letter of credit to the beneficiary, according to the needs of its internal processes, after accepting Party B’s application for the opening of letter of credit;
7.1.6 Right to deduct directly from the account opened by Party B at any branch of China Merchants Bank to repay the debts owed by Party B under this Agreement and each specific contract (when the debt under the credit granting is not in RMB, it has the right to deduct directly from the RMB account of Party B and purchase foreign exchange at the exchange rate published by Party A to repay the principal, interest and expenses under the credit granting);
7.1.7 Right to transfer its creditor’s rights owed by Party B and notify Party B of the transfer and collect the debt in such manner as it deems appropriate, including but not limited to by fax, posts, personal delivery, and announcement in public media;
7.1.8 Right to supervise the account of Party B and entrust other agencies of China Merchants Bank other than Party A to supervise Party B’s account, and control the payment of loan funds according to the loan purpose and payment scope agreed by both parties; and
7.1.9 Other rights set out in this Agreement.
7.2 Party A shall bear the following obligations:
7.2.1 It shall grant loans or other credits to Party B within the LOC in accordance with the conditions stipulated in this Agreement and each spe...
Rights and Obligations of Party A. 1、 甲方应当向乙方提供本协议框架下接受服务船舶（以下简称协议船舶，见附录一）的基本信息，并按照双方约定方式和内容，在协议船舶进入乙方服务区域前的天内，向乙方提供船舶有关动态信息。甲方应于天内通过填写《附录三》第一条中的表格提供本条所要求的动态信息。甲方应当在协议船舶驶离乙方服务区域前小时，将船舶有关动态信息告知乙方。甲方应当书面确认已收到乙方按照本协议第二条第二款提供的应急待命相关信息。
1. Party A shall provide Party B with basic information of the ships (hereinafter referred to as “the agreed ships”, Appendix I) to receive services under this Agreement, and shall, within … days prior to the agreed ships’ entry into Party B’s service area, inform Party B of the agreed ships’ dynamic information in accordance with the time, way and contents agreed by both parties. Party A shall provide within … days the dynamic information required in this Article by completing the boxes in Clause 1 of Appendix III. Party A shall, … hours prior to the agreed ships’ departure from Party B’s service area, inform Party B of the agreed ships’ relevant dynamic information. Party A shall confirm in writing the receipt of information on relevant emergency standby provided by Party B in accordance with stipulations of paragraph 2 of Article 2 of this Agreement.
Rights and Obligations of Party A. 12.1 Party A should provide Party B with the necessary procedure and information in order to guarantee the normal operation of Party B.
12.2 During the agreement period, Party A could provide liquor industry sales trend reports and effective sales promotion way used in other sales market.
12.3 When Party A is sending inspector to conduct the work of Party B, Party B should cooperate with the job of the inspector.
12.4 The commitments any staff (including General Manager) from Party A makes to Party B should be in written form, and should the official documents with the authorization of the representative of Party A and the company seal, otherwise invalid.
Rights and Obligations of Party A. 1. Party A shall hand over the leasing zone to Party B at the time when this Agreement becomes effective. In the event that Party A fails to hand over the leasing zone to Party B as scheduled, the date on which the tenancy commences will be postponed and Party A shall be liable to Party B for its breach of this Agreement in accordance with Article 9(1) hereof. Party B shall have the right to terminate this Agreement if the handover of the leasing zone is delayed for over 15 working days.
2. When settling the costs, Party A shall issue to Party B a valid invoice marked with an amount equivalent to the sum to be settled, and a demand note for property management fee issued by the property management company shall be provided by Party A. If Party A is unable to issue a valid invoice or any invoice issued is not in compliance with applicable national regulations, Party A shall re-issue the invoices again and assume liability associated with it accordingly.
3. During the term of this Agreement, Party A shall pay housing tax, land use right tax and related taxes in respect of the leasing zone in accordance with applicable national regulations.
4. Party A shall not interfere the normal business operation of Party B.
5. Party A or its entrusted party shall repair and maintain any facilities and equipment in the public areas at later stage.
6. Party A shall take out property insurances for the whole building.
7. Party A shall not, during the tenancy, recover the premises without any giving reasons. In the event of any recovery of the premises prior to the expiry hereof, Party A shall assume the liability for any breach of this Agreement under Article 9 hereof. Party A shall be liable to make compensation for any economic loss suffered by Party B due to the recovery by Party A of the premises prior to the expiry hereof.
8. The building shall be kept in good condition. Party A shall not be liable for any loss suffered by Party B in connection with the disruption of normal operation of any facilities in the building or normal supply of water, electricity, gas and air-conditioning caused by the fault of Party A, whether inadvertently or negligently. In addition, all provisions of this Agreement, and the obligations of Party B to pay rent and other costs hereunder shall not be affected thereby. Party A shall be liable for any loss suffered by Party B if the premises cannot be used normally by Party B due to the fault of Party A, whether inadvertently or negligently.
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Rights and Obligations of Party A. 6.1.1 Party A shall send to Party B the basic information (including but not limited to the business licenses, business scopes, relevant qualifications and certificates) of the Service Providers as per the requirement of Party B prior to the commencement of the cooperation hereunder. When adding a new Service Provider, Party A shall supply the basic information of such Service Provider as per the requirement of Party B for Party B’s review.
6.1.2 Party A shall be entitled to require Party B to supply the relevant records of consumption and settlement results of payments of the Users making payments with Nuquhua at its online store within the authorizations of Users, which will be used by Party A to assess the risks of the Users.
6.1.3 Party A shall be entitled to accept the entrustment by the Service Providers to and, as per their requirements, conduct the collection works against the specific overdue Users, and require Party B to render necessary assistance. Party A undertakes that it shall not make collection by such means as using violence, intimidation, insult, libel or harassment.
6.1.4 Party A shall be entitled to require Party B to fairly treat the Users consuming at its online store by using the payment method “Nuquhua”.
6.1.5 Party A shall be obligated to cause the Service Providers to timely pay the consideration for acquiring the accounts receivable to the merchants at Party B’s platforms or advance the consideration for the commodities or services to the merchants at the Nuquhua Platform.
6.1.6 Party A shall be entitled to unilaterally decide to suspend or terminate the services of Nuquhua hereunder for and on behalf of the Service Providers without any liability for breach; if Party A has evidence to prove that Party B conducts acts of batch false or fraudulent transactions via the accounts of the merchants at the Nuquhua Platform or other acts maliciously impairing the interests of Party A or the Service Providers.
6.1.7 Party A shall be entitled to adjust or cease the newly added business scale of “Nuquhua” hereunder (including but not limited to requiring Party B to enlarge or reduce the number of Users to be pushed or assist the Service Providers in changing the standards for the application qualifications of the newly added Users) and notify Party B within 15 business days prior to such adjustment.
6.1.8 Party A will agree with the Service Providers on the supply of technical services of credit loans and the receipt of fees from the Servi...