Other Obligations of Party A. I. Party A shall monitor the use (application) of borrowings by the debtor, and shall allow Party B to monitor its funds, properties and operating conditions. Meanwhile, Party A shall provide relevant information such as financial statements, documents, data at the request of Party B, and shall ensure the accuracy, truth, completeness and validity of the same. Without prior written consents of Party B, Party A shall not grant any guarantee to a third party beyond its capacity.
II. Party A shall send a written notice to Party B in a timely manner, and make sure the bearing, transfer or succession of its guarantee liability hereunder at the request of Party B, or provide new guarantees acceptable to Party B in favor of the performance of principal contracts if Party A conducts contracting, trusts (hand-over), leases, shareholding reforms, reduction of its registered capitals, investments, joint operation, consolidation, merger, acquisition and restructuring, division and joint venture, or if it petitions (is petitioned) for suspension for reorganization, or if it applies (is applied) for dissolution or bankruptcy, or if it is cancelled, or if its controlling shareholders/actual controllers are replaced, or if its material assets are transferred, or if it meets shut-down or out-of-business, or if heavy fines are imposed against it by the competent authorities, or if its registration or business license is cancelled, or if it is involved in material legal disputes, or if it meets severe difficulty in its production and operation, or if its financial conditions become worse, or if its legal representative or main responsible officer is unable to perform their duties, or if it loses or may lose its guarantee capability for any reasons.
III. If Party A changes or replaces its name, legal representative (responsible officer), residence, scope of business, registered capitals, articles of association or other registered items, it shall send a written notice to Party B within five business days upon any such change or replacement, together with information and materials in relation any such change or replacement.
Other Obligations of Party A. 1. Party A shall supervise the use of the loan by Bxxxxxxx (including the purposes)
2. Party A shall provide information regarding the personal financial status and credit information to Party B according to the request of Party B and ensure its accuracy, authenticity, integrity and validity thereof. Without the written consent of Party B, Party A shall not provide guarantee for a third party that is beyond its capacity
3. The occurrence of change of nationality, change of address, change of marriage situation, suffer major diseases, suffer administrative or criminal penalties, involve in significant civil law disputes, financial deterioration, unable to perform the normal duties, or losing or probably losing the guarantee capacity for any reason, Party A shall immediately inform Party B in writing and carry out the undertaking, transfer or commitment of the guarantee liability hereunder or provide a new guarantee for the performance of the Master Contract to be acknowledged by Party B.
4. As the major shareholder or the actual controlling party, Party A should notify Party B if its enterprise exercise merger, splitting of entity, change of shareholders, increase of registered capital, joint venture or associating operating.
Other Obligations of Party A. Section 1 Party A shall supervise the Debtor’s usage (use) of the loans and accept Party B’s supervision on Party A’s fund, assets and operation status. Party A shall provide information, files and materials such as financial reports according to Party B’s requirements and guarantee their accuracy, authenticity, completeness and validity. Without Party B’s written consent, Party A shall not provide a third party with a security which exceeds its affordability.
Section 2 Part A shall immediately notice Party B in written form and put into practice of the undertaking, transfer or succession of the guarantee liability under this contract according to Party B’s requirements or provide new guarantee accepted by Party B for the fulfillment of the Main Contract if Party A is contracted, trusted (taken over), leased, reformed on shareholding, reduced registered capital, invested, associated, merged, acquired, purchased and restructured, spun-off, or joins in with foreign enterprises, is required to suspend business and bring up to business, applies for dissolution, cancelled, applies for bankruptcy, change of the controlling shareholder or actual controller or significant asset transfer, stops production, suspends business, fined a great amount by compete organs, nullified the registration, cancelled the business license, involved in significant legal disputes, faced with serious operation difficulties or deterioration of financial position, or the legal representative or the responsible person is unable to perform duties, or it loses or possibly loses guarantee ability for any reasons.
Other Obligations of Party A. 7.1 Party A is responsible for the supervision of the employment of the loan (including the use of the loan). Party A shall accept the supervision made by Party B on its capital, property and business condition and submit relevant information, documents or materials such as the financial statement as required by Party B and shall promise all documents and materials submitted to Party B are accurate, real, complete and valid. Party A shall not provide the guarantee beyond its guarantee capability to the third party without the prior written consent of Party B;
7.2 In case of the following circumstances: contracting, taking-over, leasing, shareholding system reform, decrease of registered capital, investment, consortium, consolidation, merger, acquisition and reconstruction, division, joint venture with foreign investment (or cooperation), applying for or being applied for restructuring, applying for dissolution, being revoked, applying for or being applied for bankruptcy, change of controlling shareholders or actual controller or transfer of significant asset, being shut-down, being imposed on huge amount of penalty by relevant authorities, revocation of Business License, cancellation of registration, being involved in big legal disputes, deteriorating financial situation, or experiencing serious difficulties in its production and operations, inability of legal representatives or major responsible person to perform responsibilities, or incapacitation of legal representatives or major responsible person to assume the guarantee liability, Party A shall notify Party B in a timely manner and be responsible for the commitment, transfer or succession of the guarantee liability under the Agreement as required by Party B or providing new guarantee accepted by Party B for the performance of the Principal Agreement.
7.3 In case of change of business registration items such as name, legal representative or responsible person, domicile, scope of business, registered capital or articles of association, Party A shall give Party B a written notification with relevant materials attached thereto in three business days after the change.
Other Obligations of Party A. 1. Party A shall prepare the environment, personnel and other necessary conditions for the system trial operation according to the technical requirements of the cloud platform of the artificial intelligence core product notified by Party B in advance to ensure the smooth reception of the cloud platform of the artificial intelligence core product. Otherwise, Party A shall be responsible for the delay in receiving goods, installation and commissioning caused thereby.
2. During the lease term, Party A shall strictly abide by the relevant national laws, administrative regulations and management rules, and promise not to use the cloud platform and services of the artificial intelligence core product provided by Party B for any illegal purpose, and not to carry out illegal activities involving fraud, harassment, pornography, terrorism and endangering national security and social stability.
3. Party A shall be responsible for the authenticity, accuracy and legitimacy of the information released using the cloud platform and services of the artificial intelligence core products provided by Party B, and shall not release and disseminate harmful information, or disseminate illegal, unhealthy, reactionary and other information.
Other Obligations of Party A. 1. The first party shall prepare the environment, personnel, and other necessary conditions for system trial operation in accordance with the technical requirements of the artificial intelligence core products and super automation cloud platform notified by the second party in advance to ensure the smooth reception of the artificial intelligence core products and super automation cloud platform services. Otherwise, any delay in receiving goods or installation and debugging caused by this shall be avoided. The responsibility shall be borne by Party A.
2. During the service period, Party A shall strictly comply with relevant national laws, administrative regulations, and management rules, and promise not to use the artificial intelligence core products and super automated cloud platforms and services provided by Party B for any illegal purposes. We will not engage in illegal activities such as fraud, harassment, pornography, terrorism, or endangering national security and social stability.
3. The first party shall be responsible for the authenticity, accuracy, and legality of the information released using the artificial intelligence core products and super automated cloud platforms and services provided by the second party. It shall not publish or disseminate harmful information, and shall not scatter it disseminate illegal, unhealthy, reactionary and other information.
Other Obligations of Party A. 1. Party A shall supervise the use of the loan by Borrower (including the purposes), and accept the supervision of Party B on the capital, property and operation status of Party A, provide such information, documents and materials as the financial statements according to the request of Party B and ensure its accuracy, authenticity, integrity and validity thereof. Without the written consent of Party B, Party A shall not provide guarantee for a third party that is beyond its capacity;
2. In case of any of the following: contracting, trust (takeover), lease, share-equity transformation, decrease of registered capital, investment, joint operation, consolidation, merger, acquisition and restructuring, division, joint venture, applying for or being applied for suspension of business for internal rectification, applying for dissolution, being revoked, applying for or being applied for bankruptcy, change to the controlling shareholder/actual controller or transfer of major assets, production suspension, shut-down, being imposed a significant amount of fines by the competent authority, being deregistered, being revoked the business license, being involved in major legal dispute, severe difficulties or financial deterioration occurred to production or operation , legal representative or major responsible person unable to perform the normal duties, or losing or probably losing the guarantee capacity for any reason, Party A shall immediately inform Party B in writing and carry out the undertaking, transfer or commitment of the guarantee liability hereunder or provide a new guarantee for the performance of the Master Contract to be acknowledged by Party B.
3. In the event that there is any change to such aspects as the name, legal representative (responsible person), domicile, scope of business, registered capital or the articles of association of the company (enterprise) of Party A, Party A shall inform Party B in writing within seven (7) working days upon the change and attach the related materials changed.
Other Obligations of Party A. 1. Transfer of the payable money As to all Party A’s payable money hereunder, Party B has right to transfer the money in currency of RMB or any others in Party A’s account opening at CCB without informing Party A in advance. Party A shall be obligated to assist Party B to go through the procedures of settling and selling foreign exchange or purchasing and selling foreign exchange if any, Party A shall bear the risk of foreign exchange rate.
2. Use of Party A’s Information Party A agrees, Party B apply to the People’s Bank of China and its competent department of credit for approval of setting up a credit data-base, or to relevant authorities and departments for searching Party A’s credit; Party B provides Party A’s information for the credit data-base approved by the People’s Bank of China and its competent department of credit, and fair use and disclose Party A’s information as Party B’s business required.
Other Obligations of Party A. 7.1 Party A shall supervise over application (and usage) of the loan by the Debtor and accept the supervision from Party B over Party A’s funds, assets and operation status; upon request of Party B, shall provide the financial statements and other relevant information, documents and materials, and shall ensure the accuracy, trueness, completeness and validity of such information, documents and materials; without written consent of Party B, Party A may not provide any security to any third party beyond its capacity of liquidity.
7.2 In the event of contracting, trust (or receivership), lease, restructuring, reduction of registered capital, investment, association, merger, consolidation, acquisition, division, joint venture, voluntary or involuntary close-down for rectification, voluntary dissolution, voluntary or involuntary bankrupt, change of controlling shareholder or actual controller, assignment of material assets, stoppage of production, shutdown, huge fine imposed by the authority, revocation or suspension of business license, material legal dispute, serious difficulty in business operation or deterioration of financial status, inability of legal representative or principal in performance of duties, or loss or possible loss of ability of security due to any other reason, Party A shall immediately send a written notice to Party B and shall assume, transfer or succeed the liabilities of guarantee hereunder according to the request of Party B, or provide another security accepted by Party B to secure the performance of the Main Contract.
Other Obligations of Party A. 1. Party A shall supervise the use of the loan (including the purpose), And accept party B's supervision of Party A's capital, property and business conditions, according to Party B's request To provide financial statements and other relevant information, documents, materials, and ensure its accuracy, authenticity, Complete and valid; without written consent of Party B, Party A shall not provide it to any third party Guarantee of its own affordability;
2. Contracting, trusteeship (take-over), leasing, shareholding reform, reduce notes Volume capital, investment, joint venture, merger, merger, acquisition and reorganization, division, joint venture, (By) application for business suspension for rectification, application for dissolution, cancellation, (by) application for bankruptcy, control The stock shareholder / actual controller change or material asset transfer, production, closure, has the right The government imposed high fines, had deregistration, revoked business licenses, and involved major laws Legal disputes, serious difficulties in production or operation or deterioration of financial condition, legal representative or The principal is unable to perform his duties normally or loses or may lose for any reason Guarantee ability: Party A shall immediately notify Party B in writing and implement the contract as required by Party B Acceptance, transfer or succession of the warranty liability under the same term, or provision for the performance of the principal contract New guarantee approved by Party B;
3. If Party A changes its name, legal representative (responsible person), domicile, business scope, registered capital or articles of association of the company (enterprise), it shall Party B shall be notified in writing within 3 working days after the change, and the relevant materials shall be attached.
