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Entrustment Sample Clauses

Entrustment. Party A hereby designates Party B as its provider of comprehensive services, and Party B accepts Party A’s entrustment and agrees to provide comprehensive services to Party A in accordance with the terms and conditions of this Agreement.
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Entrustment. 2.1 Party A agrees to entrust Party B to manage its personnel, funds of Party A related to the contracted businesses under the clauses of this agreement, and provide services like planning, consulting, and constructing domestic marketing channels, etc.; Party B agrees to accept this entrustment from Party A under the clauses of this agreement. 2.2 Both parties agree that Party B manages the personnel and funds of Party A, which are related to the contracted businesses starting from the effective date of this agreement, however, Party B does not participate directly in the operation of contracted businesses of Party A; Party B offers services such as strategic planning, consulting and establishing domestic marketing channels, etc. for Party A during the terms of this entrustment. 2.3 Both parties agree, except the full, clear, accurate and non-misleading or omitted written disclosure provided by Party A to party B prior to the agreement, which obtains the clear consent of Party B in the form of agreement or other written documents, (Except the clause involved in article 3.3 of this agreement), Party B has no obligation to bear any other commitment made by Party A, and any obligation and restricted terms thus occurred or existed before the date of this agreement coming into effect. The above-mentioned commitment made by Party A, and the obligation and restricted terms thus occurred or existed without the written conformation and approval of Party B, shall be borne by Party A itself, and Party A shall indemnify for all losses, expenses and other expenditure thus incurred to Party B in time and in full amount. 2.4 The duration of this entrustment is nine years. Upon the expiration, Party B has the priority to be entrusted with the management of personnel and funds of Party A related to the contracted businesses and, providing services such as strategic planning, consulting, etc. 2.5 During the terms of this entrustment, once Party B’s accumulated profit reaches RMB 10,000,000, Party B can purchase the non-state-owned shares of Party A by the accumulated profit. The share purchase agreement shall be signed separately.
Entrustment i. Party A hereby appoints Party B as the sole provider of its technology development and technology application services, and Party B accepts Party A's entrustment and agrees to provide Party A with technology development and technology application services in accordance with the terms and conditions of the agreement.
Entrustment. The Borrower agrees that in light of the business need, the Bank may entrust its business to any other organizations pursuant to the Finance Department, and may provide such entrusted organization with relevant material, provided that such entrusted organization shall be bound by the relevant laws and regulations and the confidentiality obligation when processing through computer or use any materials of the Borrower. The Borrower may consult with the Bank in respect of the type of information to be disclosed to such entrusted organization and the name of such entrusted organization.
Entrustment. As from the Effective Date, the Company entrusts the Executive to serve as a director of the Company and the Executive accepts such entrustment to work for the Company in such capacity. The Executive acknowledges and agrees that the nature of his relationship with the Company is one of entrustment (inin) and not one of employment and no “lifetime employment” is created, implied or expected hereunder.
Entrustment. 1.1 Party A hereby entrusts Party B to purchase motor vehicles (“Vehicle” or “Vehicles”) on its behalf. Party B hereby agrees to accept the entrustment of Party A and strictly follows the requirements of Party A to handle the entrustment. 1.2 Party A hereby entrusts Party B as the assignee of the Vehicles to register the ownership of the Vehicles. Party B hereby confirms that the ownership of the Vehicles belongs to Party A, and Party B only acts as the assignee of the Vehicles in the name to temporarily register the ownership of the Vehicle on behalf of Party A. 1.3 Upon the sales of the Vehicles purchased by Party A to a third party, Party B shall handle the procedures for transfer of the Vehicles to the third party in a timely manner. 1.4 Party B shall record the relevant conditions and information of each Vehicle in detail and fill out the “Vehicle Information Record Sheet” annexed hereto containing the brand, model, license plate number (if any), engine number, purchase date and sale date (if sold) of each Vehicle, and submit the “Vehicle Information Record Sheet” signed and confirmed by it to Party A on the last day of each month. 1.5 Party A and Party B jointly confirm that each “Vehicle Information Record Sheet” shall be signed and confirmed by Party B and submitted to Party A which constitutes part hereof.
Entrustment. 1. SNG can, at its own discretion, entrust to a third party all or part of the business necessary for the provision of the Service or individual services to Applicants and Participants. 2. With regard to the entrustment under the preceding paragraph, when disclosing Participants’ personal information to said third party, if required for business reasons, SNG shall conclude an agreement with said third party regarding the handling of the personal information of Participants.
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Entrustment. 1 Party A entrusts Party B on behalf of Party A to hold its shares in these companies, legally holding 100% shares of these companies. 2 As the nominated shareholder by Party A, Party B shall observe the instructions from Party A to exert shareholder’s rights. 3 The ownership of the entrusted share in the name of Party B is entirely Party A’s own and Party B is only in the name of being entrusted to hold the entrusted share. (Notice: This agreement is an entrustment agreement rather than a trust agreement, therefore no beneficial owner or beneficial trust document exists.)
Entrustment. The Trustor entrusts the Trustee to purchase Product from the Supplier on behalf of the Trustor, and the Trustee accepts such entrustment. The Trustee in entitled to: 1) Negotiate and confirm the purchasing condition for the Product with the Supplier; 2) Enter into Purchasing Agreement with the Supplier (or other Agreement with the same nature, such as Purchasing and Sales Agreement, Project General Agreement, etc, hereinafter referred as the "Purchasing Agreement"). Notwithstanding with the above, the Trustee must obtain prior written consent from the Trustor before it enters into the Purchasing Agreement. After the Trustee enters into the Purchasing Agreement, it shall promptly provide the Trustor one original copy of each the Purchasing Agreement and the technical specifications. Without written consent of the Trustor, the Trustee shall not amend the Purchasing Agreement or enter into any supplementary agreement, otherwise the Trustor is entitled to terminate this Agreement and request Trustee to assume relevant compensation liabilities. Signing Purchase Agreement by the Trustee shall constitute sufficient evidence that the Trustee, as the Lessee, acknowledges and accepts all the terms and conditions under the Purchase Agreement.
Entrustment 
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