Common use of Party A’s Obligations Clause in Contracts

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 parties or by pledging such rights as notes receivable or accounts receivable without actual underlying transactions or by applying to Party B for discounting the same; Party A shall be in compliance with the provisions relating to means of payment and shall not evade Entrusted Payment by way of dividing a larger-amount payment into payments in smaller amounts; (5) Party A shall comply with the regulations relating to environmental protection, if the Loan hereunder shall be utilized for manufacturing or project construction;

Appears in 12 contracts

Samples: Loan Agreement, RMB Loan Agreement (Applied Optoelectronics, Inc.), RMB Loan Agreement (Applied Optoelectronics, Inc.)

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Party A’s Obligations. (1) 4.2.1 Party A shall draw imports the Loan and repay the principal and interest search results provided by Party B to search function 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 A’s Product by connecting its Product to the TWENTY working day of the first month of each quartertechnical port provided by Party B, Party A shall provide also cooperate with Party B to market Baidu promotion services through the use of search engine. In other words, it is a technical service in which Party B displays the website of Party B’s clients on the relevant page of Baidu website and/or on the pages and/or interfaces of any other Baidu union members. 4.2.2 During the cooperation between the parties, Party A agrees not to enter any form of cooperation with Qihoo 360, unless Party A needs such cooperation with Qihoo 360 for business or technology and Party B has provided its prior consent. 4.2.3 Party A covenants that during the Cooperation Term, it will list Party B’s search engine service as the default search engine services for users to choose and save the users’ using behavior as default after Party B’s search engine services. In the event that Party A breaches this covenant, Party B shall have the right to terminate this Agreement at any time and Party A shall return all the funds received from Party B to Party B with in this regard. 4.2.4 During 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 creditorcooperation, Party A shall notify Party B in writing form a team composed 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 specialized personnel 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 related work so as to ensure the state, nor for repaying smooth cooperation between the indebtedness incurred as a result of Party A’s investments in fixed assets or equity etcparties.; 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; 4.2.5 Party A shall not try to evade its repayment obligations owing change the related functions and contents inherent to Party B by means B. If a change is necessary, consent shall first be obtained from Party B. 4.2.6 Party A shall not assign to any third party the functions and contents used in the website column(s) that are made the subject matter of withdrawing capital it has injected, transferring assets or entering into related-party transactionsthis cooperation agreement. FurtherIn addition, Party A shall not attempt to obtain loans or credit facilities from use the functions and information provided by Party B to carry out any commercial activities. 4.2.7 Party A warrants that it legally owns or otherwise holds the valid license to the intellectual property relating to the services or products provided pursuant to this agreement. Any disputes resulting from the Party A’s technology or intellectual property shall be handled by using dummy contracts with its related parties or by pledging such rights as notes receivable or accounts receivable without actual underlying transactions or by applying to Party A; any losses and costs of Party B for discounting resulting from the same; deficiency of Party A A’s services or software shall be borne by Party A. Party B has the discretion to terminate this Agreement from time to time in compliance with the provisions relating to means of payment and shall not evade Entrusted Payment by way of dividing a larger-amount payment into payments in smaller amounts; event that (5i) Party A shall has no legal right in respect of the services or products provided or (ii) the services or products provided by Party A lead to any legal dispute or proceedings with third parties. 4.2.8 Party A understands that integrity is the foundation of the development of the Baidu Union and covenants to conduct business cooperation strictly according to the Baidu Union Membership Registration Agreement (see Annex II). Party A also agrees to participant “Blue Sky 365” and comply with the regulations relating to environmental protection, if the Loan hereunder shall be utilized for manufacturing or project construction;Blue Sky 365 Action Plan (see Annex III).

Appears in 2 contracts

Samples: Cooperation Agreement (Cheetah Mobile Inc.), Cooperation Agreement (Cheetah Mobile Inc.)

Party A’s Obligations. (1) i. Party A shall draw is to provide documents about financial affairs and conditions of production and management according to Party B's requirement, including, but not exclusively, the Loan chart of assets liabilities of the last quarter and the profit and loss by the end of the last quarter (income and expenditure chart for enterprises), which are provided to Party B within twenty work days in the first month of every quarter. Party A is also to provide the chart of cash circulation of the year at the end of the year, and to be responsible for the authenticity, integrity and validity of the documents; ii. Party A is to utilize the loans according to the contract without any supplanting or embezzlement of the loans; iii. Party A is to cooperate actively with and accept self-consciously Party B's examination and supervision of its production, management, financial activities, and the application of loans in the contract; iv. Party A is to repay the principal and interest in full as provided herein, and bear on time according to the expenses and fees as provided hereincontract; (2) Party A shall provide its financial, accounting as well as manufacturing v. Before completely repaying the principal and operating information and other materials as the Party B may request, and among other things, on or before the TWENTY working day interest of the first month of each quarterloans from Party B, Party A shall provide and its investors are not to remove the loans or transfer assets in order to avoid the liabilities to Party B with the balance sheet and the profit and loss statement (or the income and expenditure statement, if B; vi. Party A is a public institution) up not 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 guarantee for the legality, truthfulness, accuracy, completeness and validity third party with the assets formed by the loans in this contract without first obtaining the consent of the information it provides, and shall not provide false information or conceal material facts with respect to its financial and operation statusPart B; (3) In case vii. During the period 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 creditorthis contract, Party A shall is to notify Party B in writing written form to obtains the authorization if Party A intends to guarantee for others' liabilities which may affect its repaying capability in this contract; viii. Party A is to provide Party B with authorized ways of guarantee in time if the guarantor of this contract partly or completely loses its capability of guarantee for the loans due to production closedown, out of business, registration logout, license revocation, bankruptcy, discharge or losses in operation, or the reduction of values, accidental destruction and losses of mortgages and pledges guaranteed for the loans in the contract; ix. During the period of the same with relevant documents together with such notification evidencing contract, Party A is to inform Party B in time if Party A changes its name, the changes within 3 working days thereafterjuristic person (principal), address, business scope or registered assets; (4) x. During the period of the contract, Party A shall utilize is to inform Party B in written form ninety days in advance for authorization if Party A has contracts, lease, changes in the Loan joint-stock system, pools, incorporation, annexation, abruption, joint venture, application for shutout coordination, for disbandment and for bankruptcy, which may affect the realization of the creditor's rights. Party A is also to fulfill the repayment and guarantee of the loans in accordance with the purposes as provided hereincontract; xi. During the period of this contract, Party A is to inform Party B in written form immediately if Party A has production shutdown, out of business, registration logout, license revocation, if the juristic person or principal breaks the law, if it is involved in significant lawsuits, if severe difficulties occur in production and management, and shall not misappropriate if the Loan or utilize financial status deteriorates, which may cause adverse effects to the Loan obligation of repayment in the contract. Party A is also to carry out any transactions in violation fulfill the repayment and guarantee of the loans in the contract; xii. Party A is to undertake the expenditures of lawyers, insurance, evaluation, registration, safekeeping, authentication, notarization and so on related to the guarantee in the contract and items of the contract. Item Nine Party B's Rights and Obligations I. Party B's Rights i. Party B has the right to know Party A's activities of production, management and financial affairs, and to demand Party A to provide documents about planned statistics, financial accountant charts and so on; ii. Party B has the right to deduct any funds of Party A's account at China Construction Bank as for any repayment that Party A should give to Party B in this contract. II. Party B's Obligations i. Party B is to release the loans on time according to the contract, except for delays on Party A's side; ii. Party B is to classify the financial documents and commercial classified information concerning production and management that Party A provides, except those stipulated by laws and regulations, nor . Item Ten Responsibilities 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 Breach 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 parties or by pledging such rights as notes receivable or accounts receivable without actual underlying transactions or by applying to Party B for discounting the same; Party A shall be in compliance with the provisions relating to means of payment and shall not evade Entrusted Payment by way of dividing a larger-amount payment into payments in smaller amounts; (5) Party A shall comply with the regulations relating to environmental protection, if the Loan hereunder shall be utilized for manufacturing or project construction;Faith

Appears in 1 contract

Samples: Loan Agreement (American Dairy Inc)

Party A’s Obligations. 4.1 Party C’s services herein are exclusive and during the term of this Agreement, without prior written consent of Party C, Party A may not enter into any agreement with any other third party or otherwise accept other services provided by such third party identical or similar to Party C’s services. 4.2 In order to facilitate Party C to provide services, Party A shall provide relevant materials to Party C timely and according to the requirements as Party C may from time to time propose, including but not limited to all information, files, certificates and licenses, customer data, development plans and developed and developing products, etc. in connection with Party A's Operation. 4.3 Without written consent of Party C, Party A and Party B may not carry out any activity which may affect Party A's assets, increase Party A's liabilities and affect Party A's Operation, including but not limited to: (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 hereinIncurring any debts to others; (2) Any sale or transfer of Party A's assets or property interests or exemption of debts or interests owed to Party A shall provide its financialby a third party, 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 statusetc.; (3) In case of any change in Party A’s name, legal representative (Any security set up on its own assets 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 interests to repay the indebtedness or may endanger Party B’s intellectual property rights as for 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 thereafterthird party; (4) Party A shall utilize Entering into any agreement with any third party to transfer or change 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 control 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.Company; 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 parties or by pledging such rights as notes receivable or accounts receivable without actual underlying transactions or by applying to Party B for discounting the same; Party A shall be in compliance with the provisions relating to means of payment and shall not evade Entrusted Payment by way of dividing a larger-amount payment into payments in smaller amounts;and (5) Merger with other enterprise or change of the current shareholding structure. 4.4 Party C shall take full charge of Party A's Operation, including appointment and removal of members of the board of directors and employment of Senior Officers. Party A shall comply implement the instructions in Party C’s notice within 20 Business Days upon receipt of Party C’s notice on appointment or removal of any Senior Officer. 4.5 Except for performance of oblations agreed in this Agreement and other agreement in connection with the regulations performance of this Agreement, without written consent of Party C, Party A's Shareholders may not: (1) Set up any pledge over their equity in Party A, or set up any encumbrance which will impede the normal exercise of their shareholder's right s; and (2) Sell, gift or otherwise dispose their equity in Party A (or any shareholder’s interest). 4.6 Party A shall maintain its good reputation and actively expand business to strive for income maximization. 4.7 During the term of this Agreement, Party A and Party B agree to cooperate with Party C and Party C’s parent (directly or indirectly) for audit of related parties transactions and other audits, and provide relevant information and materials relating to environmental protectionParty A's Operation, if business, customers, finance and employees to Party C or its parent or auditors engaged by it, and agree that Party C's parent may disclose such information and materials for the Loan hereunder shall be utilized for manufacturing or project construction;purpose of satisfying regulatory requirements at the place where its securities are listed.

Appears in 1 contract

Samples: Entrusted Management Agreement (500.com LTD)

Party A’s Obligations. (1a) Party A represents and warrants as to the legality and validity of the Licensed Trademarks under this Agreement, and warrants not to intentionally commit any acts to the detriment of such legality and validity. If Party B and/or its branches incurs any third-party claims, litigation or losses in connection with this Agreement, Party A warrants that it will indemnify against the losses of Party B and/or its branches within thirty (30) days after Party B makes such request in writing; (b) Party A guarantees to pay applicable fees in a timely manner to the relevant authorities so as to maintain the validity of the Licensed Trademarks. It shall maintain the respective registrations of the Licensed Trademarks, and shall not abandon the renew the Licensed Trademarks' respective registrations, or apply to cancel such registrations. Party A may increase the registration classes for the Licensed Trademarks upon the request of Party B or register the Licensed Trademarks in countries and regions designated by Party B. The above registration fees and maintenance charges shall be borne by Party A; (c) Upon the execution of this Agreement, Party A shall file this Agreement with the relevant administration for industry and commerce and with the trademarks administrative authority; (d) Party A shall draw apply to the Loan and repay relevant authorities for the principal and interest in full as provided hereinprotection of the Licensed Trademarks if so requested by Party B, and bear the expenses and fees as provided herein;or if circumstances so require; and (2e) Party A shall provide If any third party infringes upon or claims that its financial, accounting as well as manufacturing and operating information and other materials as own rights or interests have been infringed upon by the Party B may request, and among other things, on or before the TWENTY working day of the first month of each quarterLicensed Trademarks, 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 "Notice"), and submit a grievance to the relevant documents together with such notification evidencing the changes within 3 working days thereafter; (4) authorities or file lawsuit or take other legal action and pay all related expenses. If Party A shall utilize the Loan does not send Such Notice to Party B in accordance with this Agreement, Party B may take all necessary actions on its own to stop such infringement or defend against relevant claims. Party B shall have the purposes as provided herein, and shall not misappropriate the Loan or utilize the Loan right 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.; request Party A shall cooperate to compensate it for any losses incurred in connection 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 parties or by pledging such rights as notes receivable or accounts receivable without actual underlying transactions or by applying to Party B for discounting the same; Party A shall be in compliance with the provisions relating to means of payment and shall not evade Entrusted Payment by way of dividing a larger-amount payment into payments in smaller amounts; (5) Party A shall comply with the regulations relating to environmental protection, if the Loan hereunder shall be utilized for manufacturing or project construction;actions.

Appears in 1 contract

Samples: Trademark License Agreement (China Life Insurance Co LTD)

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Party A’s Obligations. (1) Party A shall draw the Loan loans and repay the principal and interest in full as provided herein, and bear the expenses and fees as provided hereinin accordance with this Contract; (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, requests. Party A shall provide to Party B with the quarterly balance sheet and the profit and loss statement (or the income and expenditure statement, if Party A is a public institution) up to on or before the end 15th working day of the preceding first month of each subsequent quarter, and shall provide the annual 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 and shall provide relevant documents together with such notification evidencing the changes within 3 ten (10) working days thereafter; (4) Party A shall utilize the Loan loans in accordance with the purposes as provided herein, and shall not misappropriate the Loan loans, or utilize the Loan loans 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 loans 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 parties or by pledging such rights as notes receivable or accounts receivable without actual underlying transactions or by applying to Party B for discounting the same; Party A shall be in compliance with the provisions relating to means of payment and shall not evade Entrusted Payment by way of dividing a larger-amount payment into payments in smaller amounts; (5) Party A shall comply with the regulations relating to environmental protection, if the Loan loans hereunder shall be utilized for manufacturing or project construction;

Appears in 1 contract

Samples: Credit Facility Contract (Viasystems Group Inc)

Party A’s Obligations. (1) Party A shall To draw the Loan and repay the loan principal and interest in full as provided hereinaccordance with the terms hereof and to pay off the bank loan principal and interest fully and periodically, and also to bear the general expenses and fees as provided hereinstipulated in this agreement; (2) To provide financial and accounting information, business operation information required by Party A shall provide its financialB, accounting as well as manufacturing including but not limited to balance sheet for the end of last quarter and operating information and other materials as income statement for the Party B may request, and among other things, on or before the TWENTY end of last quarter within 15 working day of days in 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 for current year at the end of each year in a timely fashion. Party A year; and shall be responsible for the legality, truthfulness, accuracygenuineness, completeness and validity of the information it provides, and shall validity; make sure not to provide false information falsified materials or to conceal material facts with respect to its financial and operation statusfacts; (3) In case of any change Whenever changes items in Party A’s its registration, such as its name, legal representative (or principal officerperson in charge), registered addressresidence, business scopescope of business, registered capital, capital or company’s 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 creditorso on, Party A shall notify Party B in writing of the same with relevant documents together with such notification evidencing the changes written within 3 15 working days thereafterafter alteration, and related materials shall be enclosed; (4) Party A shall utilize should use the Loan loan in accordance with the purposes as provided hereinpurpose stipulated in this Agreement, and shall not misappropriate misappropriate, divert or use the Loan loan to engage in illegal or utilize the Loan violated transactions; should cooperate with and accept Party B’s examination and supervision to carry out any transactions in violation of the laws its production operation, financial activities 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 Aborrowing’s investments in fixed assets or equity etc.using condition hereunder; Party A shall cooperate with Party B in its inspection of Party A’s manufacturing, operating and financial activities and utilization of should pay the Loan herein, and shall be subject borrowing capital according 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 parties or by pledging such rights as notes receivable or accounts receivable without actual underlying transactions or by applying to Party B for discounting the same; Party A shall be in compliance with the provisions relating to means of payment and shall not evade Entrusted Payment by way of dividing a larger-amount payment into payments in smaller amountsagreed method; (5) If uses the borrowing hereunder to make production-manufacturing and engineering construction, Party A should abide by national provisions related to environmental protection; (6) Party A shall comply not provide a guarantee to the third party with the regulations relating to environmental protectionloan before paying back the principal and interest of loan or getting Party B’s Permission; (7) If Party A is a group customer, if he should report his related transaction of more than 10 percent of the Loan hereunder shall be utilized for manufacturing net assets, including: (1) partner relationship between parties; (2) transactions and nature of transaction; (3) amount or project construction;corresponding proportion; (4) pricing policy.

Appears in 1 contract

Samples: Enterprise Loan Agreement (Orient Paper Inc.)

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