Common use of Rights and Obligation of Both Parties Clause in Contracts

Rights and Obligation of Both Parties. 4.1. Each Party shall carefully and responsibly designate a financial principal respectively, to go through the relevant procedures promptly, to ensure that the Parties can smoothly conduct financing activities. 4.2. The Loan Contract, Guarantee Contract and other relevant legal documents about each specific loan should be fully completed and provided by one Party when it is required by the other Party. 4.3. In the event that one Party does not complete the Loan Contract, Guarantee Contract, or other relevant legal documents according to the provisions under Section 4.2, or there are certain blanks in those legal documents, the other Party may refuse to deal with the relevant mutual guarantee issue. 4.4. Both Parties promise, during the period that one or both Parties is charged with liability to guarantee, to exchange financial information within 10 working days after the end of each month. Such financial information includes but is not limited to the balance sheet, income statement, cash flow statement, and tax return information. Both Parties shall bear a strict duty of confidentiality regarding such financial information. The Parties pledge that the information provided by each shall be true, accurate and complete, with no falsity, omission or misleading representation.

Rights and Obligation of Both Parties. 4.1. Each Party shall carefully and responsibly designate a financial principal principal, respectively, to go through the relevant procedures promptly, to ensure that the Parties can smoothly conduct financing activities. 4.2. The Loan Contract, Guarantee Contract and other relevant legal documents about each specific loan should be fully completed and provided by one Party when it is required by the other Party. 4.3. In the event that one Party does not complete the Loan Contract, Guarantee Contract, or other relevant legal documents according to the provisions under Section 4.2, or there are certain blanks in those legal documents, the other Party may refuse to deal comply with the relevant mutual guarantee issueguarantee. 4.4. Both Parties promise, during the period that one or both Parties is charged with liability to guarantee, to exchange financial information within 10 working days after the end of each month. Such financial information includes but is not limited to the balance sheet, income statement, cash flow statement, and tax return information. Both Parties shall bear a strict duty of confidentiality regarding such financial information. The Parties pledge that the information provided by each shall be true, accurate and complete, with no falsity, omission or misleading representation.

Rights and Obligation of Both Parties. 4.1. Each Party shall carefully and responsibly designate a financial principal respectively, to go through the relevant procedures promptly, to ensure that the Parties can smoothly conduct financing activities. 4.2. The contents of the Loan Contract, Guarantee Contract and other relevant legal documents about each specific loan should be fully completed and provided by under which one Party when it is required by requires the other PartyParty to provide guarantee, must be clearly and fully completed. 4.3. In the event that one Party does not complete the Loan Contract, Guarantee Contract, or other relevant legal documents according to the provisions under Section 4.2, or there are certain blanks in those legal documents, the other Party may refuse to deal with the relevant mutual guarantee issue. 4.4. Both Parties promise, during the period that one or both Parties is charged with liability to guarantee, to exchange financial information within 10 working days after the end of each month. Such financial information includes but is not limited to the balance sheet, income statement, cash flow statement, and tax return information. Both Parties shall bear a strict duty of confidentiality regarding such financial information. The Parties pledge warrant that the information provided by each shall be true, accurate and complete, with no falsity, omission or misleading representation.