Party B’s Rights and Obligations. 9.2.1 Party B guarantees that it will use the Leased Unit properly according to the Agreement, be responsible for its own profits and losses and operate independently;
9.2.2 After being submitted to Party A for examination and approval, the Leased Unit shall be renovated at its own expense; The decoration of Leased Unit must abide by the codes, regulations and requirements on decoration formulated by Party A and the property company, and accept the supervision of Party A;
9.2.3 After the expiration of the lease term, if Party B needs to renew the agreement, it shall submit a written application to Party A three months before the expiration of the Agreement. After both parties reach an agreement on renewing the agreement, they shall renew the agreement 30 days before the expiration of the Agreement. Otherwise, Party B shall be deemed to have given up the priority to lease;
9.2.4 Party B shall pay rent, property management fee, water and electricity fee on time and in quantity, and pay relevant taxes and fees to the state and local government by itself. Party B shall guarantee legal operation during the lease term, and shall not be in arrears with employees’ wages; otherwise, all liabilities arising therefrom shall be borne by Party B itself;
9.2.5 During the lease term, Party B shall reasonably utilize, actively maintain, and repair the Leased Unit and the equipment and facilities in the Leased Unit to ensure the overall safety and normal operation of the Leased Unit, and all expenses arising from the repair and maintenance shall be borne by Party B;
9.2.6 Party B shall bear the fire safety responsibility of the Leased Unit. Party B shall not store or allow others to store inflammable, explosive, toxic and other dangerous goods in the Leased Unit. If a fire accident occurs in the Leased Unit, unless the national fire safety department proves that the cause of the accident has nothing to do with Party B, all its responsibilities shall be borne by Party B; In case of property and personnel casualties of Party A or others, Party B shall bear all compensation responsibilities;
9.2.7 Party B shall accept and cooperate with the unified management of Party A and the property management company, and abide by the property management regulations, codes and relevant unified charging standards of the Building;
9.2.8 During the lease term, Party B shall insure its own property and personnel in the Leased Unit and go through the insurance formalities by itself. Party B s...
Party B’s Rights and Obligations. 1. Party B’s rights
(1) enjoy the distribution rights of the products in the special product area stipulated in Article 2 of this contract;
(2) enjoy the rights stipulated in all reward clauses of Party A’s marketing plan;
(3) During the operation of Party A’s series of wines, Party B has the right to put forward opinions and suggestions on the internal quality and outer packaging quality of the products.
Party B’s Rights and Obligations. 9.1 Party B is entitled to request Party A to repay the principal, interest accrued thereon and expenses when due, to manage and control the payment of loan amounts, to monitor on a real-time basis overall cash flows of Party A and to accelerate the maturity of the loan considering the status of collection of sale proceeds of Party A. Party B may exercise any other rights hereunder and demand Party A to perform any other obligations hereunder.
9.2 Party B is entitled to engage in Party A’s large-amount financing (The total amount of such financing shall be more than RMB SEVENTY-FOUR MILLION or Foreign Exchange equivalent) , sale of assets, merger, split-up, stock-company restructuring, bankruptcy, liquidation and other activities for the purpose of protecting Party B’s rights. The way(s) of engagement shall be (1) (multiple choices are allowed)
(1) Party A shall seek Party B’s prior written consent before carrying out any of the above activities;
(2) Party B is entitled to arrange for Party A’s large-amount financings;
(3) the sale price and buyer of the assets shall be in compliance with the following:
(5) other ways Party B deems fit.
9.3 Party B shall advance the Loan as provided herein unless the delay or failure in advancing the Loan is caused by any reason attributable to Party A or any other reason that can not be attributed to Party B.
9.4 Party B shall keep confidential the relevant financial documents and manufacturing and operating trade secrets furnished by Party A except otherwise provided by the laws, regulations and rules, or required by the competent authorities, or agreed between the parties hereto.
9.5 Party B shall not bribe Party A or its employees, nor request any bribe or accept any bribe offered by Party A.
9.6 Party B shall not engage in any activity which is dishonest or will be detrimental to Party A’s lawful interests.
Party B’s Rights and Obligations. 1. Party B has the right to conduct assessment on the crewmen assigned by Party A. If the assigned crewmen do not have the qualifications or skills required of their respective posts, Party B has the right to demand Party A to replace them and Party A shall not refuse such demand. Party A must bear corresponding responsibility if the assigned crewmen’s lack of qualifications or skills causes any loss to Party B.
2. Party B has the right to require the assigned crewmen to comply with all the rules and policies formulated in accordance with the relevant State laws and policies and follow Party B’s production and operation arrangements.
3. If the assigned crewmen engage in any of the following during the term of the ship lease, Party B has the right, upon Party A’s acknowledgement, to demand Party A to recall them without any liability for breach:
(1) Violation of Party B’s work disciplines or rules and regulations, and after criticism and education, failure to make any correction or rectification;
(2) Negligence of duties, resulting in serious loss or damage to Party B’s interests;
(3) Violation of law and statutes or being the subject of criminal legal proceedings;
(4) Inability to perform original work duties after treatment period for illness or work-related injury and inability, or refusal, to perform other work assigned by Party A;
4. Party B has the right to submit written opinion on, and negotiate with regard to, Party A's behavior that violates the relevant provisions of this agreement. Party A must respond to Party B in writing within ten business days upon receiving the written opinion from Party B.
5. Party B must manage the assigned crewmen in such areas as their posts’ duties and responsibilities and labor discipline and provide them with relevant training;
6. Party B must provide to the assigned crewmen working environment, labor conditions and labor protection that are in compliance with the provisions of the State’s “Labor Law”;
7. Party B must pay the crewmen assignment fee in accordance with the provisions of the “Ship Leasing Contract”.
8. Party B must pay to Party A the corresponding expenses for those assigned crewmen who suffer work-related injury or contract occupational disease and, upon verification, have lost, or partially lost, their ability to work and who suffer work-related death in accordance with the law;
9. Party B must supervise in the processing of relevant legal work documents for the dispatch crewmen required for the term...
Party B’s Rights and Obligations. 1. Party B shall have the right to:
(1) learn the production, operation and financial activities of Party A and require Party A to provide relevant documents, such as plan statistics, financial and accounting statements;
(2) deduct and transfer from the account opened by Party A at China Construction Bank’s system any amount in any currency owing to Party B and payable by Party A under this Contract.
2. Party B shall be obligated to:
(1) advance the loan fully and in a timely manner as provided for in this Contract, except for any delay due to the reasons attributable to Party A;
(2) keep confidential financial materials and production and operation related trade secrets provided by Party A, unless otherwise provided for by laws, regulations and rules.
Party B’s Rights and Obligations. 1. Party B shall provide advisory and transaction services to Party A diligently and responsibly in accordance with this agreement.
2. Party B shall prudently complete the entrusted matters after obtaining the documents and materials provided by Party A, and notify the work progress at the request of Party A.
3. If Party A contacts the counterparty of the financing project and concludes the financing transaction after Party B provides some or all of the services stipulated in this agreement for the financing project, or Party A re-contacts the counterparty for the financing project and concludes the financing transaction within 3 years after the financing project is not successfully concluded, regardless of whether Party B provides services for the entire project, Party B shall have the right to charge service fees in accordance with this agreement. Party A shall not refuse to pay.
4. In order to ensure that the service content stipulated in the agreement is carried out in a multi-angle and more professional manner, Party A irrevocably authorizes Party B to hire a professional service team with professional quality and professional ethics in the professional field to provide services for Party A. Party A shall cooperate with the professional service team hired by Party B.
Party B’s Rights and Obligations. 8-1 Party B warrants that it will hold or acquire from the competent government authorities all necessary licenses, administrative approvals or permits prior to carrying out business in the Rooms. Party B must ensure that such licenses, approvals or permits will be fully valid within the term hereof.
8-2 Party B must lawfully carry out business in the Rooms without adversely influencing the goodwill of the Property.
8-3 Party B must carry out interior decoration, division, renovation, equipment installation or alternation of the Rooms in accordance with applicable laws, regulations and the plan and construction drawing approved by the competent government authorities, subject to necessary approvals, licenses or permits issued by the authorities and written registration with the property management company, otherwise Party A is entitled to require Party B to immediately stop such work and restore the Rooms to the original conditions and Party B must be legally liable for all consequences, including without limitation to the expenses and expenditures arising from removal of any additional part and alteration not in compliance with the requirements of the authorities, and shall, at the same time, compensate for all losses caused to Party A.
(1) If, at any time within the term hereof, any competent government authority requires Party B to rectify the decoration of the Rooms (including without limitation to fire-fighting facilities), Party B must perform such requirements as required and bear the expenses arising therefrom, including without limitation to the liabilities and compensation to the affected neighbors.
(2) If, at any time within the term hereof, any competent government authority requires any neighbor to rectify any item (including without limitation to fire-fighting facilities), Party B must provide all necessary assistance as required by the authority and/or Party A or the Property Management Company. In the case that Party B suffers losses therefrom, Party B shall negotiate with the neighbor and shall not take such losses as an excuse for refusing or delaying the provision of assistance.
8-4 If any item in the Rooms to which it is responsible for normal use and maintenance is lost, destroyed or damaged, Party B shall be directly or indirectly liable and compensate for Party A, including without limitation to:
(1) Any device, equipment, electrical wire and pipe to which Party B is responsible for maintenance and repair;
(2) Losses caused by fault,...
Party B’s Rights and Obligations. 6.1 Party B has the following rights:
6.1.1 To request Party A to provide loans or other credits within the credit line in accordance with the conditions set forth in this Agreement;
6.1.2 To use the credit line in accordance with this Agreement;
6.1.3 To request Party A to keep confidential any information provided by Party B about its production, operations, property, accounts, etc., unless otherwise provided in this Agreement;
6.1.4 To transfer debts to a third party upon written consent of Party A.
6.2 Party B bears the following obligations:
6.2.1 To truthfully provide documents and materials required by Party A (including but not limited to providing authentic financial books/statements and annual financial reports at the frequency required by Party A, material decisions on and changes in production, operations and management, fund withdrawal/use data, collateral data, etc.), as well as information of its account opening bank, account number, deposit and loan balance, and cooperate with Party A’s investigations, reviews and inspections;
6.2.2 To be subject to Party A’s supervision over the use of credit funds and the relevant production, operation and financial activities;
6.2.3 To use loans and/or other credits in accordance with the provisions of and/or for purposes committed under this Agreement or specific business documents;
6.2.4 To repay the principal, interests and costs of all loans, advances and other credit debts in full and on time in accordance with this Agreement and specific business documents;
6.2.5 To obtain the written consent of Party A before transferring all or part of its debts under this Agreement to any third party;
6.2.6 If any of the following events happens, Party B shall notify Party A immediately and cooperate actively with Party A to provide security measures for the safe repayment of the principal, interests and costs of the loans, advances and other credit debts under this Agreement:
6.2.6.1 Party B experiences a material financial loss, assets loss or other financial crisis;
6.2.6.2 Party B offers a loan or provides a guarantee or security in favor of a third party or in protection of a third party against loss, or provides its own property (rights) as mortgage (pledge) collateral;
6.2.6.3 Party B suspends business operations, has its business license revoked or cancelled, applies or is applied for bankruptcy or dissolution, or changes its key company information, e.g., company name, registered address, place of busin...
Party B’s Rights and Obligations. During the contractual period, Party B shall observe the work management and arrangements of Party A and shall not collaborate with other same or similar platform operators and suppliers in the same or similar field of platform customers (including sales of products, except for products not sold by Party A).
Party B’s Rights and Obligations. 7.1 Party B shall have the right to decide if signing each specific business contract with party A based on the related management regulations and credit approving procedures of China CITIC Bank, and shall have the right to inspect and supervise the fulfillment of each specific business contract at any time.
7.2 Party B shall keep the materials, documents and information provided by party A in confidentiality, except for the inquiries and disclosures according to laws, regulations or requirements by the authorities.
