Handling of Transactions Exceeding the Authorization Scope. Unless otherwise provided by laws, regulations or regulatory rules, if a transaction exceeding the authorization scope occurs, Party B shall proactively report to Party A and such transaction shall be handled as per Party A’s requirements. Earnings from transactions exceeding the authorization scope shall belong to Party A, and the loss and other expense resulting therefrom shall be borne by Party B.
Appears in 5 contracts
Samples: Asset Management Agreement (China Life Insurance Co LTD), Asset Management Agreement (China Life Insurance Co LTD), Asset Management Agreement (China Life Insurance Co LTD)
Handling of Transactions Exceeding the Authorization Scope. Unless otherwise provided by laws, regulations or regulatory rules, if a transaction exceeding the authorization scope occurs, Party B shall proactively report to Party A and such transaction it shall be handled as per Party A’s requirements. Earnings from transactions exceeding the authorization scope shall belong to Party A, and the loss and other expense resulting therefrom shall be borne by Party B.
Appears in 1 contract
Samples: Asset Management Agreement (China Life Insurance Co LTD)
