Common use of Commitments and Guarantees Clause in Contracts

Commitments and Guarantees. 1. Party A guarantees that it has the legal qualification to engage in data promotion and the authority to sign the Agreement. Party B agrees that if Party A’s business scope or main business changes or there are other reasonable reasons, Party A has the right to transfer all its rights and obligations that have not been fulfilled under the Agreement to Party A’s affiliates at any time without affecting Party B’s rights and obligations, but Party A shall notify Party B in writing. “Party A’s affiliate” refers to any enterprise that controls Party A or is controlled by Party A or is jointly controlled by the same entity with Party A. “

Commitments and Guarantees. 1. Party A guarantees that it has the legal qualification qualifications to engage in data promotion and the authority to sign the Agreement. Party B agrees that if Party A’s business scope or changes, main business changes or there are other reasonable reasons, without affecting Party B’s rights and obligations, Party A has the right to transfer all of its unfulfilled rights and obligations that have not been fulfilled under the Agreement at any time to Party A’s affiliates at any time without affecting Party B’s rights and obligationsaffiliated company, but Party A shall notify Party B in writing. “Party A’s affiliateaffiliate(s)” refers to means any enterprise that controls Party A or is controlled by Party A A, or is jointly controlled by Party A in the same entity with Party A. entity. “