Responsibility of Party A. ① In the event of overdue payment by Party A, Party B has the right to claim a penalty of 0.3‰ of the overdue payment. ② If the overdue payment by Party A exceeds 30 days, Party B has to the right to terminate this Contract. A penalty of 10% of annual Service Fee shall be paid by Party A.
Responsibility of Party A. (1) To perform all sales, transfers and lease under this Agreement.
Responsibility of Party A. 1. If Party A releases the the entrusted loan without authorization from Party B or exceeded in the amount released, it shall be liable for its act in excess of authority.
Responsibility of Party A. 6.1 Party A shall provide all the workshops, equipments and its accessory facilities in reasonably good condition and with all systems in good working order. In the event that an overhaul to the workshops, equipments and the related accessory facilities by Party A is necessary to keep a proper working condition, Party A shall inform Party B of the overhaul plan in reasonable detail forty-five (45) days prior to the proposed overhaul to allow Party B to make necessary arrangement and to provide Party B necessary assistance if requested.
Responsibility of Party A. It is the sole responsibility of Party A to communicate with and resolve any queries or issues related to the trading platform. Party A acknowledges that the trading platform is provided by Vaultmarkets, a product of 1st Fintech Capital (Pty) Ltd, which is a third-party brokerage, and Party B is not responsible for the platform's operation or support.
Responsibility of Party A. Party A shall ensure that the Power Plant generates the Annual Minimum On-Grid Quantity and shall purchase the Annual Minimum On-Grid Quantity in accordance with the principle of "Take or Pay", and shall pay electricity fees on time. Starting from the Commercial Operation Date, Party A shall in its own name arrange and obtain necessary and supplementary working capital for production according to needs and the accrued interest expenses therefrom shall be included in the Planned Generation Cost submitted to the Anhui Provincial Pricing Bureau for approval. Party A's obligation to make payment for the Annual Minimum On-Grid Quantity in accordance with the principle of "Take or Pay" shall not be affected by any circumstance, other than Force Majeure or the Party B's default stipulated in Section 12.02 hereof, including without limitation:
Responsibility of Party A. (1) Party A can not terminate the contract unilaterally without proper reasons since the contract takes effect after stamping by both Parties. Party A shall pay a penalty of 10% of contract total price to Party B.
Responsibility of Party A. (1) Provide products supply plan to Party B as required in the contract and be responsible for the plan provided.
Responsibility of Party A. 1, Party A shall supervise and put an end to the phenomenon of pilferage in order to ensure Party B’s legitimate rights and interests in the sales area.
Responsibility of Party A. 1. Assistance to Party B in all works and provision of all information and support necessary for the works to Party B, including the original copy and notarial certificate necessary for filing of the security interest in the collateral, sealed copy of documents necessary for processing and release of the security interest in the collateral, relevant certification and documents (if any) necessary for litigations, etc.
