Common use of Party B’s Obligations Clause in Contracts

Party B’s Obligations. 2.2.1 Party B agrees to ascertain the technical and consulting service fees (the “Service Fees”) under this Agreement in the pattern listed in Schedule II and make timely payment to Party A. 2.2.2 Party B shall properly and reasonably accept and use the technical and consulting services provided by Party A. 2.2.3 Upon the occurrence of any incident affecting the normal operation of Party B, Party B shall promptly notify Party A. 2.2.4 Party B hereby authorizes Party A or any person authorized by Party A to enter Party B’s office or other business premises at a reasonable time. 2.2.5 Party B shall not take and shall procure to the greatest extent other third parties to refrain from any actions that may have an adverse effect on the ownership or intellectual property rights of Party A to provide services under this Agreement. 2.2.6 Party B shall be responsible for obtaining all relevant required approvals and permits (if necessary) from the relevant authorities with respect to Party A’s performance of its obligations under this Agreement. 2.2.7 Party B shall provide Party B with the financial reports, documents, accounts, records, data, etc. for each quarter in five (5) business days after the end of such quarter, for Party A to audit Party B’s accounts and confirm the amount of the Service Fees.

Appears in 3 contracts

Samples: Exclusive Consulting and Services Agreement (Pinduoduo Inc.), Exclusive Consulting and Services Agreement (Walnut Street Group Holding LTD), Exclusive Consulting and Services Agreement (Walnut Street Group Holding LTD)

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