Common use of Party B’s rights and liabilities Clause in Contracts

Party B’s rights and liabilities. 8.1 Party B has the rights to require Party A to provide documents which can prove his legal status. 8.2 Party B has the rights to require Party A to provide financial statement that can reflect his credit status and other information 8.3 in case the debtor has not return the debt, entirely or partially, to the Party B after the due time, Party B has the rights to require Party A to perform his suretyship obligation as per the contract. 8.4 in case of the following events, with the means of written notice, Party B has the rights to require Party A to perform his suretyship obligation at an earlier date. Party A shall perform his suretyship obligation within 10 days after receiving the written notice: 8.4.1 Party B revokes the Main Contract as per the related clauses in the contract 8.4.2 Party B wishes to require an earlier return of the loan as per related clauses in the contract 8.5 while the contract is in effect, Party B shall inform Party A on time in case he transfers the credit right to a third party as per the related clauses in the contract.

Party B’s rights and liabilities. 8.1 Party B has the rights to require Party A to provide documents which can prove his legal status. 8.2 Party B has the rights to require Party A to provide financial statement that can reflect his credit status and other information 8.3 in case the debtor has not return the debt, entirely or partially, to the Party B after the due time, Party B has the rights to require Party A to perform his suretyship obligation as per the contract. 8.4 in case of the following events, with the means of written notice, Party B has the rights to require Party A to perform his suretyship obligation at an earlier date. Party A shall perform his suretyship obligation within 10 days after receiving the written notice: 8.4.1 Party B revokes the Main Contract as per the related clauses in the contract 8.4.2 Party B wishes to require an earlier return of the loan as per related clauses in the contract 8.5 while While the contract is in effect, Party B shall inform Party A on time in case he transfers the credit right to a third party as per the related clauses in the contract.