Common use of Restrictive Provisions Clause in Contracts

Restrictive Provisions. During the term of this Agreement, without Party B’s prior written consent, (1) Party A shall not accept any third party’s any technical services identical or similar to those hereunder; (2) Party A shall not transfer, sell, lease, mortgage, pledge or otherwise dispose of its assets (including tangible and intangible assets existing or to be acquired) unless necessary for its normal business operations. (3) Party A shall not dissolve or liquidate itself voluntarily, or consolidate with any third party; (4) Party A shall not provide guarantee for the debts of any third party; (5) Party A shall not distribute dividends to its shareholders or pay back the investments, nor shall it acquire directly or indirectly any shares outstanding or to be issued by back purchase, reclaiming, purchase, or otherwise. (6) Party A shall not have any transactions with any of its affiliates, no matter whether such transactions are within the scope of its normal business operations; (7) Party A shall not repay any outstanding debts by advance payment, selective payment or by acquiring asset trust, nor shall it amend or permit amendment of any terms of agreements relating to its debts, or amend its articles of association or business license; (8) Party A shall not engage in businesses that beyond its business scope; (9) Party A shall not assign part or all of its operation and management rights to any party other than Party B or Party B’s designated affiliates, or (10) Party A shall not invest in any other entity or waive its right against any third party.