Responsibility and Obligation. 1. Both parties should prioritize the other party when selecting business partners to initiate CNG projects in planned cities.
2. Both parties should fulfill the responsibilities and obligations specified in this Agreement and Corporate Charter of the joint venture by both parties.
3. Party A should be responsible for the natural gas quota and the upstream natural gas supplies to maximize CNPC’s advantage and support to the joint venture.
4. Party B should be responsible for the management and operation support for the joint venture
Responsibility and Obligation. 1. Party A only purchase the assets which limited in the enclosed “List of purchase object” of the contract and do not bear the debt of the party B before the date which the contract goes into effect.
2. Party A has the responsibility to maintain the enterprise brand image and the public reputation of party B and BeiDa Jade bird.
3. Party A has the responsibility to pay the purchase price on schedule according to the agreement between both parties.
4. Party B has the responsibility to provide all assets of the “list of purchase object” to party A.
5. Both party should abide by the contract strictly, should not breach of faith, or the breaching party should pay 20% of the object amount to the observant party to compensate the other party’s related loss.
Responsibility and Obligation. 11 17.2 Year 2000 Compliant Software ............................. 11 17.3 Year 2000 Compliance Exclusions .......................... 12 17.4 Year 2000 Corrections .................................... 12 18. No Interference with Contractual Relationship ............ 13
Responsibility and Obligation. 3.1 Responsibilities and Obligations of Party A
3.1.1 Party A shall pay Party B the relevant settlement fees, transmission line leasing fees and usage fees of spectrum frequency and numbering resources two working days before the due date pursuant to the agreements entered into between party B and Relevant Third Parties. Party B then shall make payments to the Relevant Third Parties.
3.1.2 Party A shall recognise each and every agreement entered into between Party B and Relevant Third Parties in relation to the subject matters of this Agreement.
3.1.3 Under the circumstances where Party A needs to increase or adjust leased transmission lines due to the expansion of network capacity, Party A should provide with Party B its transmission line leasing plan in advance for Party B to apply to the transmission providers. The transmission line leasing plan should include the detailed description, implementation date, expansion scale of network capacity and technical standards of the network expansion and adjustment plan.
3.1.4 To ensure the timely opening of the transmission lines leased by Party A, Party A should apply to Party B in advance and provide with the opening date and location of transmission lines. Except for expansion of network capacity, under the circumstances where Party A needs to lease a small quantity of transmission lines, Party A also should apply to Party B in advance and provide with the opening date and location of the transmission lines.
3.2 Responsibilities and Obligations of Party B
3.2.1 Party B shall endeavour to perform its obligations under this Agreement and ensure its performance within the scope of this Agreement.
3.2.2 Party B shall notify Party A in a timely manner of the interconnection agreements, International Roaming Agreements, international roaming charges and international long distance rates of international operators.
3.2.3 Party B shall transfer all settlement payment to the banking account designated by Party A within 2 working days after its receipt of payment from the Telecommunications Operators and the International Operators.
3.2.4 Party B shall urge the Transmission Line Providers to properly maintain the leased inter-provincial transmission lines and other transmission lines pursuant to relevant procedures and standards, and shall be obliged to urge Transmission Line Providers to repair the broken-down transmission lines leased by Party B within the repairing time limit stipulated by the state.
3.2.5 Under the ...
Responsibility and Obligation. This Section addresses ALLTEL's responsibility and obligation for Year 2000 compliance solely of the ALLTEL software identified on the Schedule titled "U.S. Year 2000 (MVS) Status" (the "Schedule"). The version which is current as of the Effective Date is attached to and made a part of this Agreement as Exhibit 1. The Schedule is updated regularly and updated versions can be accessed at ALLTEL's Internet website, xxxxxxxx.xxxxx.xxx. The software identified on the Schedule is referred to herein as the "Y2K Software". Year 2000 compliance of any other software or any hardware, equipment or services provided by or through ALLTEL or any of its affiliates is beyond the scope of this Section and is outside the responsibility and obligation of ALLTEL hereunder.
Responsibility and Obligation
