Information Feedback and Objection Sample Clauses

Information Feedback and Objection. 1. The Parties reach a consensus through negotiation that if the Company uses Zhima Credit Scoring, Industry Watchlist, Zhima Credit Element List and Out-of-Contact Information Recovery to inquire the information of a User, the Company shall provide feedback information of such User based on the information type, information field, feedback period and requirement as listed in Appendix 2 hereof and indicate whether any such information is Adverse Information. The Company shall keep the record and evidence of each feedback information so as to prove the authenticity and accuracy of the facts on which such information is based. 2. The Parties shall deal with objections through the liaison officer for objection handling and their contact information set forth at the beginning of this Contract. The Company shall make response to the feedback information objection raised by Zhima Credit or the objection raised by the User by providing the verification result of such objection within 7 Business Days after receiving the objection notice from Zhima Credit or the objection directly made by the User, and shall give feedback of relevant data to Zhima Credit within the aforementioned period of time if the information subject to objection is proven to be inaccurate or the User disagrees with the verification result. Any failure of the Company to give feedback within the required time limit shall constitute a default under this Contract and the Company shall pay to Zhima Credit the liquidated damages of RMB[REDACTED]19 for each default. 3. If, during the initial effective term of this Contract or each Renewed Term hereof, a User makes objection application with respect to the feedback information provided by the Company, and the accumulative number of the information proven to be inaccurate or the information that are not fed back in time by the Company exceeds 200 and takes up 1% of the aggregate number of the feedback information subject to Objection, Zhima Credit shall have the right to send notice to the Company to terminate this Contract. 4. After termination of this Contract, as to any Adverse Information provided by the Company, the Company shall continue to cooperate with Zhima Credit to carry out the investigation of Objection according to relevant objection-handling requirements set forth under laws and regulations. 5. If the Company finds that the User’s information transmitted or provided to Zhima Credit is inaccurate or the Company actively makes amendment, ...