Party B undertakes Sample Clauses

Party B undertakes. During the confidentiality term, Party B will strictly abide by any written and oral confidentiality rules, stipulations and regulations of Party A (hereinafter referred to as “confidentiality rules”), or act in accordance with Party A’s customary confidentiality practices to effectively perform confidentiality obligations. If certain issues are not covered by Party A’s “confidentiality rules” or the confidentiality rules are vague, Party B shall take all necessary and reasonable measures to the extent possible to prudently, honestly and in good faith keep confidential the business secrets set out in this Agreement and the information which is of certain economic value to the Company in the eyes of the ordinary people with normal intelligence level but not listed in this Contract.
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Party B undertakes. Without authorization or consent, Party B shall not use personal computer devices or personal mailbox to handle the Company’s business, and shall not copy, take screenshots of, take photos of, or send out the Company’s information or data.
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Party B undertakes if Party B claims the intellectual property rights to any and all information of economic value (including but not limited to inventions, creations, works, computer software, etc.) generated by Party B during employment by Party A and mainly using Party A’s material and technical conditions, it shall promptly declares this to Party A. If Party A verifies that it is indeed not a hired work result, Party B shall enjoy the intellectual property rights, but Party B shall still perform the duty of confidentiality until it is verified. Except as required by law, if Party B does not declare that it enjoys the intellectual property rights, the work results shall be presumed as hired work results, Party A shall have the corresponding rights, and Party B shall strictly perform the duty of confidentiality. If Party B has intellectual property rights to certain information, Party A and Party B agree that under the same conditions, Party A has the right to use it preferentially than any third party.
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Party B undertakes to Party A that he shall perform his duties as a director and senior officer in accordance with the Company Law of the PRC, Special Regulations of the State Council regarding the Issue of Shares Overseas and the Listing of Shares Overseas by Companies Limited by Shares and other relevant laws, regulations, rules and standards of the PRC, Party A's articles of association, this Contract, regulations and internal rules relating to the directors and senior officers formulated by Party A, resolutions of Party A's board of directors and shareholders' general meetings, and agrees that Party A shall be entitled to the remedial measures stipulated in the articles of association in connection with breach of any provision provided therein by Party B. Party B undertakes to each shareholder of Party A that he shall observe and perform its obligations owed to the shareholders as stipulated in the articles of association of Party A.
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Party B undertakes. (1) Unless Party A gives special written approval, all users of Party B shall only be end users.
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Party B undertakes to Party A that he shall perform his duties as a supervisor in accordance with the Company Law of the PRC, Special Regulations of the State Council regarding the Issue of Shares Overseas and the Listing of Shares Overseas by Companies Limited by Shares and other relevant laws, regulations, rules and standards of the PRC, Party A's articles of association, this Contract, regulations and internal rules relating to the supervisors formulated by Party A, resolutions of Party A's board of directors and supervisory committee, and agrees that Party A shall be entitled to the remedial measures stipulated in the articles of association in connection with breach of any provision provided therein by Party B.. Party B undertakes to each shareholder of Party A that he shall observe and perform its obligations owed to the shareholders as stipulated in the articles of association of Party A.
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Party B undertakes there exists no long-term equity investment made by LifeTech Pharmaceuticals in other enterprises, nor any commitment to make any long-term equity investment in other enterprises.
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Related to Party B undertakes

  • INFORMATION UNDERTAKINGS The undertakings in this Clause 20 remain in force from the date of this Agreement for so long as any amount is outstanding under the Finance Documents or any Commitment is in force.

  • Subadviser Undertakings In all matters relating to the performance of this Agreement, the Subadviser shall act in conformity with the Company's Articles of Incorporation, By-Laws, and current Prospectus and with the written instructions and directions of the Board and the Adviser. The Subadviser hereby agrees to:

  • Positive undertakings The undertakings in this Clause 21 (Positive Undertakings) remain in force from the date of this Agreement for so long as any amount is outstanding under the Finance Documents or any Commitment is in force. The Borrower shall, and shall cause each of its Subsidiaries, to comply with the undertakings contained in this Clause 21.

  • Additional Undertakings The Pledgor will not, without the prior written consent of the Collateral Agent:

  • GENERAL UNDERTAKINGS The undertakings in this Clause 22 remain in force from the date of this Agreement for so long as any amount is outstanding under the Finance Documents or any Commitment is in force.

  • Further Undertakings The Executive hereby undertakes to the Company that he will not at any time:

  • Additional Undertaking As a separate, additional and continuing obligation, the Borrower unconditionally and irrevocably undertakes and agrees, for the benefit of the Benefited Creditors that, should any Borrower Guaranteed Obligations not be recoverable from the Borrower under Section 10.01 for any reason whatsoever (including, without limitation, by reason of any provision of any Loan Document or any other agreement or instrument executed in connection therewith being or becoming void, unenforceable, or otherwise invalid under any applicable law) then, notwithstanding any notice or knowledge thereof by any Lender, the Administrative Agent, any of their respective Affiliates, or any other person, at any time, the Borrower as sole, original and independent obligor, upon demand by the Administrative Agent, will make payment to the Administrative Agent, for the account of the Benefited Creditors, of all such obligations not so recoverable by way of full indemnity, in such currency and otherwise in such manner as is provided in the Loan Documents or any other applicable agreement or instrument.

  • COMPLIANCE UNDERTAKINGS 6.1. The Fund undertakes to comply with Subchapter M and Section 817(h) of the Code, and all regulations issued thereunder.

  • Corporate Undertakings The Company will not engage in any of the following activities without a prior evaluation and affirmative recommendation of Advisor, solely for the Company's benefit and not for the benefit of any third party;

  • Full Understanding Executive acknowledges that Executive has been afforded the opportunity to seek legal counsel, that Executive has carefully read and fully understands all of the provisions of this Agreement and that Executive, in consideration for the compensation set forth herein, is voluntarily entering into this Agreement.

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