Party A’s Obligations. (1) Party A shall draw the Loan and repay the principal and interest in full as provided herein, and bear the expenses and fees as provided herein;
(2) Party A shall provide its financial, accounting as well as manufacturing and operating information and other materials as the Party B may request, and among other things, on or before the TWENTY working day of the first month of each quarter, Party A shall provide to Party B with the balance sheet and the profit and loss statement (or the income and expenditure statement, if Party A is a public institution) up to the end of the preceding quarter, and shall provide the cash flow statement at the end of each year in a timely fashion. Party A shall be responsible for the legality, truthfulness, accuracy, completeness and validity of the information it provides, and shall not provide false information or conceal material facts with respect to its financial and operation status;
(3) In case of any change in Party A’s name, legal representative (or principal officer), registered address, business scope, registered capital, articles of association or any other registration with local industrial and commercial authority, or there arises any circumstances that may adversely affect Party A’s capability to repay the indebtedness or may endanger Party B’s rights as a creditor, Party A shall notify Party B in writing of the same with relevant documents together with such notification evidencing the changes within 3 working days thereafter;
(4) Party A shall utilize the Loan in accordance with the purposes as provided herein, and shall not misappropriate the Loan or utilize the Loan to carry out any transactions in violation of the laws and regulations, nor for investments in fixed assets, or equity or other areas, nor for production or operations prohibited by the state, nor for repaying the indebtedness incurred as a result of Party A’s investments in fixed assets or equity etc.; Party A shall cooperate with Party B in its inspection of Party A’s manufacturing, operating and financial activities and utilization of the Loan herein, and shall be subject to the requirements of Party B relating to loan management; Party A shall not try to evade its repayment obligations owing to Party B by means of withdrawing capital it has injected, transferring assets or entering into related-party transactions. Further, Party A shall not attempt to obtain loans or credit facilities from Party B by using dummy contracts with its related...
Party A’s Obligations. 4.1 The Services provided by Party B under this Agreement shall be exclusive. During the term of this Agreement, without prior written consent of Party B, Party A shall not enter into any agreement or other arrangement with any other third party to engage such third party for providing Party A with services identical or similar to the Services provided by Party B under this Agreement.
4.2 Party A shall, before November 30 of each year, provide to Party B its determined Annual Business Plan for the next year so that Party B can arrange the corresponding services plan and procure the required software, Devices, personnel and technical service resources. If Party A requires Party B to procure Devices or personnel on an ad hoc basis, it shall consult with Party B fifteen (15) days in advance so as to reach mutual agreement.
4.3 In order to facilitate Party B’s provision of the Services, Party A shall, at Party B’s request, accurately and timely provide to Party B such relevant materials as required by Party B.
4.4 Party A shall in accordance with Section 3 of this Agreement pay the full amount of the Service Fees in a timely manner to Party B.
4.5 Party A shall maintain its goodwill, actively expand its business and seek the maximization of its profits
4.6 During the term of this Agreement, Party A agrees to cooperate with Party B and its parent companies (including direct or indirect parent companies) to conduct related party transaction audit and other types of audits, to provide Party B, its parent companies or its designated auditors with relevant information and materials in relation to Party A’s operation, business, clients, finance, employees, etc., and to approve Party B’s parent companies to disclose such information and materials in order to meet the supervisory requirement of its securities listing place.
Party A’s Obligations. 4.1 The Services provided by Party B shall be exclusive and during the term of this Agreement, Party A shall not enter into any agreement with any third party for the purpose of engaging such third party to provide Party A with the same or similar Services of Party B without the prior written consent of Party B.
4.2 Party A shall provide Party B with a finalized Annual Business Plan of Party A for next year prior to November 30 every year to enable Party B to make its corresponding service plan to develop and replenish the necessary software, equipments and technical service force. If Party A requires Party B to acquire new equipments not contemplated in the Annual Business Plan, Party A shall consult Party B fifteen (15) days prior to such request and reach a mutual agreement.
4.3 To enable Party B’s provision of the Services, Party A shall provide relevant materials requested by Party B accurately and in a timely manner.
4.4 Party A shall make full payment of the Service Fees to Party B pursuant to Article 3 and in a timely manner.
4.5 Party A shall maintain its own good standing, actively expand its business and endeavor to maximize its profit.
Party A’s Obligations. 3.1.1 During the term of this Contract and subject to relevant laws and regulations, Party A has agreed to provide Party B with working environment and conditions necessary to ensure Party B works in a safe and healthy environment; in addition, Party A will actively coordinate with Party B to provide corresponding conditions for Party B to complete its obligations hereunder and to abide by the provisions hereunder as well as Party A’s internal rules and regulations.
3.1.2 Party A shall provide Party B with necessary safety based on work needs. If Party B has to be exposed to an occupational disease hazard, such occupational disease hazard, the consequences thereof, the prevention measures and treatment shall be set forth in Party A’s administrative measures on labor protection or other relevant internal documents for Party B’s reference. Upon execution of this Contract, Party A shall be deemed to perform its notification obligation regardless of whether Party B has referred to such documents.
Party A’s Obligations. (1) To make various payments and pay various expenses under Section 7 hereof;
(2) To notify Party B of the agreement relating to the Entrusted Assets entered into between Party A and the Custodian;
(3) To notify Party B in a timely manner of the amendment, revision and change of Investment Guidelines;
(4) To provide to Party B the originals of all of the instructions and notices;
(5) To keep commercial secrets of Party B confidential and not to disclose investment plans or investment intent;
(6) To notify Party B in a timely manner of the change of the Custodian;
(7) To set forth and provide to Party B the accounting method and valuation method of the Entrusted Assets, form and manner in which the information is reported, instructions and notices are made;
(8) Not to interfere with Party B’s normal investment decisions with respect to the Entrusted Assets;
(9) Within the term hereof, to take necessary actions, including, without limitation, execution of necessary documents, to assist Party B in performing its obligations;
(10) Such other obligations as provided herein; and
(11) Such other obligations as provided by laws, regulations and regulatory authorities.
Party A’s Obligations. 5.2.1 Party A shall, in accordance with this Agreement, pay fees for the management of Entrusted Assets and related payments and expenses in a timely fashion;
5.2.2 It shall formulate and provide Investment Guidelines in a timely fashion;
5.2.3 It shall provide to Party B periodically cash flow forecast of the debtor of Entrusted Assets and information that may be subject to significant change. It shall promptly consult with Party B in regard to any significant event that may affect cash flow, such as significant changes of insurance market, company products and adjustment to channel strategies. With respect to the transfer of relatively large-scale fund as requested by the debtor of Entrusted Assets, it shall consult with and notify Party B in advance, and cooperate with Party B to lessen the effect of such transfer on investment of Entrusted Assets;
5.2.4 It shall, within the term of this Agreement, take any necessary actions to assist Party B in performing its obligations hereunder, including, without limitation, execution of necessary documents;
5.2.5 Such other obligations as provided herein; and
5.2.6 Such other obligations as provided by laws and regulations.
Party A’s Obligations. 1. Party A shall use the promotional media under its control to promote and market Monternet WAP main website to attract website visits.
2. Party A shall provide to Party B technical specifications and support for WAP connection, to ensure Party B’s smooth connection with Party A’s Monternet WAP main website.
3. Party A shall provide to Party B necessary trainings as required by Party B.
4. Using the connection point of Party A’s WAP system firewall with Party B as the boundary, Party A shall be responsible for the maintenance of all equipment on its own side to ensure the smooth operation of such equipment.
5. Party A shall connect and make available Party B’s application services following Party A’s testing of such services on its Monternet WAP main website.
6. Party A shall be responsible for daily maintenance of Monternet WAP main website, and be responsible to address the technical breakdown caused by Party A, so as to ensure smooth operation of application services.
7. Party A shall provide free-of-charge network connection point service to Party B and assist Party B to cause its application service to be connected with Monternet WAP main website.
8. Party A shall be responsible to determining all of the targets for operation of WAP service, and inform Party B of such targets in whole and without ambiguity. Party A shall also give Party B reasonable time to realize such targets.
9. Party A shall be responsible to handle registration, log-on, verification and ID confirmation of users and feedback-related data to Party B.
10. Party A shall count the volume of visits to Monternet WAP main website and provide the data to Party B subject to Party B’s request.
11. For the services provided by Party B at the Monternet WAP main website, Party A shall collect information service fees from its customers for their use of Party B’s services in light of the pricing materials provided by Party B, and settle the fee with Party B pursuant to the provisions under Section 6 of this Agreement.
12. Party A shall be responsible to respond to and address inquiries and complaints from customers. Any failure caused by network, gateway or operation platform of Party A shall be immediately addressed. For any failure caused by Party B, Party A shall communicate such failure to Party B and cause Party B to address it immediately. If both Parties shall change the customer-service interface and business model in the subsequent negotiations, they shall further define such changes ...
Party A’s Obligations. 1. Party A shall pay off the loan principal in accordance with the agreement.
2. During the loan period, in case of any major change in Party A’s business decision (including but not limited to share conversion, reorganization, merger, division, joint venture, cooperation, change of business scope and registered capital, etc.) that may affect Party B’s rights and interests, Party A shall notify Party B in writing at least seven working days in advance, and implement the loan repayment responsibility or pay off in advance.
3. Without the written consent of Party B, Party A shall not transfer or disguise the debt liability of this agreement in any way.
4. In case of major events affecting Party A’s ability to perform the agreement, including but not limited to major economic disputes, suspension of business, closure of business, declaration of bankruptcy, dissolution, revocation of business license, revocation, deterioration of financial situation, etc., Party A shall immediately notify Party B in writing.
5. During the loan period, if Party A changes the legal person’s name, legal representative, domicile, telephone, fax, etc., Party A shall notify Party B in writing within seven working days after the change.
Party A’s Obligations. 4.1 The Services hereunder shall be provided by Party B on an exclusive basis. During the validity term of this Agreement, without prior written consent of Party B, Party A may not enter into any agreement with any third party or otherwise agree to engage such third party to provide the services identical or similar to those provided by Party B.
4.2 Party A shall provide Party B with its determined Annual Business Plan for next year before November 30 of each year so that Party B can arrange the corresponding service plan and prepare the necessary software, equipments and technical service personnel. If Party A temporarily needs Party B to increase equipments or personnel, it shall negotiate with Party B to reach a consensus fifteen (15) days in advance.
4.3 In order to facilitate Party B’s provision of the Services, Party A shall provide Party B with relevant materials required by Party B in a timely manner.
4.4 Party A shall pay the Service Fees to Party B on time and in full according to Article 3 hereof.
4.5 Party A shall maintain its good reputation and actively develop its business to pursue maximum profits.
Party A’s Obligations. 4.1 Party B’s services in this Agreement shall be exclusive. In the validity period of this Agreement, without the prior written consent of Party B, Party A shall not conclude any agreement with any third party to or otherwise accept other services provided by the said third party, which are the same as or similar to Party B’s services.