Common use of Party A’s Rights and Obligations Clause in Contracts

Party A’s Rights and Obligations. 8.1 Party A’s Rights Party A has the rights to: (1) request Party B to release each advance of the Loan as provided hereunder; (2) utilize the Loan for the purposes provided for hereunder; (3) apply to Party B for extension of the Term hereunder provided that it has satisfied all the conditions as Party B requests; (4) require Party B to keep confidential the relevant financial information and manufacturing and operating trade secrets furnished by Party A except provided otherwise by law, regulations and rules, or required otherwise by the competent authorities, or agreed otherwise between the both parties hereto; (5) reject Party B or its employees asking for bribe; it shall have the right to lodge complaint with the competent authority about such misconduct and any other act of Party B that may violate the laws and regulations relating to the lending interest rate and service charges.

Appears in 6 contracts

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

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