Common use of Other Obligations of Party A Clause in Contracts

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.

Appears in 3 contracts

Samples: Maximum Guarantee Contract (Sooner Holdings Inc /Ok/), RMB Borrowing Contract (Sooner Holdings Inc /Ok/), Maximum Guarantee Contract (Sooner Holdings Inc /Ok/)

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Other Obligations of Party A. I. Section 1 Party A shall monitor supervise the use Debtor’s usage (applicationuse) of borrowings by the debtorloans and accept Party B’s supervision on Party A’s fund, assets and shall allow Party B to monitor its funds, properties and operating conditionsoperation status. Meanwhile, Party A shall provide relevant information information, files and materials such as financial statements, documents, data at the request of reports according to Party B, ’s requirements and shall ensure the guarantee their accuracy, truthauthenticity, completeness and validity of the samevalidity. Without prior written consents of Party B’s written consent, Party A shall not grant any guarantee to provide a third party beyond with a security which exceeds its capacityaffordability.

Appears in 2 contracts

Samples: China Ming Yang Wind Power Group LTD, China Ming Yang Wind Power Group LTD

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Other Obligations of Party A. I. 1. Party A shall monitor supervise the use of the loan by Borrower (application) of borrowings by including the debtorpurposes), and shall allow 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 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, B and shall ensure the its accuracy, truthauthenticity, completeness integrity and validity of the samethereof. Without prior the written consents consent of Party B, Party A shall not grant any provide guarantee to for a third party that is beyond its capacity.;

Appears in 1 contract

Samples: Teen Education Group, Inc.

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