Rights and Obligations of Both Parties. 1. Party A shall provide support to Party B in accordance with Article 6 of this agreement. 2. Party B shall promote and sell Party A's products in Guangdong Province (region) in strict accordance with the contents agreed in this agreement, and shall not engage in any activities unrelated to the promotion and sale of Party A's products in the name of Party A, otherwise Party A has the right to refuse to approve. Therefore, if Party A's economic losses are caused, Party A has the right to cancel Party B's product agency qualification at any time and ask Party B to bear all economic losses and all rights protection expenses (including but not limited to attorney fees, legal fees, arbitration fees, preservation fees, guarantee fees, etc.) caused by Party A. 3. Party A has the right to supervise and manage Party B's behavior, and has the right to ask for modification of Party B's behavior that is detrimental to Party A. Party B shall make effective rectification within 3 days after receiving the rectification notice put forward by Party A, and take timely measures to eliminate the negative impact if it causes external impact. 4. Party B shall not sell to areas outside the agreement for any reason, otherwise Party A has the right to terminate this agreement at any time. 5. Party B only has the right to promote the cooperation between Party B and the third party in Guangdong Province (region), and has no right to sign an agreement on behalf of Party A. If Party B signs an agreement on behalf of Party A without authorization, Party A has the right to reject it. If the agent recommended by Party B in the pre-reporting list directly signs the purchase with Party A, the agent's purchase will be regarded as Party B's purchase, and will be included in Party B's performance during the assessment. 6. Before the agreement signed by both parties comes into effect, the sales reported and authorized by Party A are not within the scope of the agreement, including the repurchase behavior of the customer in the future, and are not bound by this agreement.
Appears in 2 contracts
Samples: Authorized Product Sales Cooperation Agreement (MED EIBY Holding Co., LTD), Authorized Product Sales Cooperation Agreement (MED EIBY Holding Co., LTD)
Rights and Obligations of Both Parties. 5.1 Party A, as the lessor of the Properties, shall be entitled to:
1) receive rent according to this Agreement;
2) other rights regulated in this Agreement.
5.2 Party A, as the lessor of the Properties, shall assume the following obligations:
1) Unless otherwise stipulated in this Agreement, Party A guarantees that it has the power to rent out the Properties according to this Agreement.
2) Party A undertakes to take all necessary actions to ensure the compliance of the Properties and the lease of the Properties with related regulations. Party A guarantees and undertakes to pay compensation in full amount within 30 days after receiving Party B’s written request for compensations for any losses caused by Party A’s failure to fulfill the above undertakings.
3) Party A shall bear all the property tax, business tax, additional tax, stamp tax, land-using tax and all the other taxes payable according to laws arising from leasing property to Party B.
4) During the term of this Agreement, in the event that Party A intends to transfer its ownership of the Properties to a third party, it shall notify Party B of such intention in writing. Party B has the preemptive right to purchase the Properties under the same conditions. Party B’s failure to confirm in writing within 30 days upon receipt of Party A’s notification to exercise the preemptive right shall be deemed a waiver of such right. In the event that Party B waives such preemptive right, Party A may transfer ownership of the Properties to a third party under the same conditions. However, the transfer shall take effect provided that the third party, as lessor of the Properties, shall be bound by this Agreement.
5) Unless otherwise agreed by both Parties, during the term of this Agreement, Party A shall not, partly or in whole, take back the Properties early, or terminate this Agreement early.
6) Party A shall provide support to necessary assistance for reasonable requests of Party B in accordance with Article 6 related to using of the properties Party B rents according to this agreementAgreement.
5.3 Party B, as the lessee hereunder, shall be entitled to:
1) occupy and use the Properties according to this Agreement;
2. Party B shall promote ) carry out non-structural decoration and sell Party A's products in Guangdong Province (region) in strict accordance with reconstruction of the contents agreed Properties at its own cost according to its business requirement without violating related laws, regulations and commitments in this agreement, Agreement. Such decoration and reconstructions shall not engage in any activities unrelated to bring adverse effect on the promotion and sale value of Party A's products ’s Properties and/or Party A’s rights;
3) sublet the Properties, partly or in the name whole, with prior written consent of Party A, otherwise ;
4) require decrease of the number of sites of the Properties according to its business situations with a written notice to Party A has with one month in advance;
5) notwithstanding the right to refuse to approve. Thereforeabove, if Party A's economic losses are caused, Party A has any of the right Properties is damaged not due to cancel Party B's product agency qualification at any time and ask Party B to bear all economic losses and all rights protection expenses (including but not limited to attorney fees, legal fees, arbitration fees, preservation fees, guarantee fees, etc.) caused by Party A.
3. Party A has the right to supervise and manage Party B's behavior, and has the right to ask for modification fault of Party B's behavior that is detrimental , Party B may demand termination of the rental of the damaged property by giving written notice to Party A. Party B A shall make effective rectification confirm the damage within 3 30 days after receiving such notice. If Party A fails to confirm within the rectification notice put forward by limited time, Party AA will be deemed to have accepted Party B’s demand. Thereafter, and take timely measures to eliminate the negative impact if it causes external impact.
4relation between the two parties concerning rental of the damaged property is terminated. Party B shall does not sell need to areas outside pay the agreement rent for any reason, otherwise the damaged property from the date of such damage. After Party A has completes repair of the damaged property, the two parties may, with consent of Party B, resume the rental relationship in respect of the repaired property according to the terms of this Agreement from the date agreed by both parties;
6) the preemptive right under the same conditions if Party A intends to terminate this agreement at any timesell the Properties.
5. 5.4 Party B only has B, as the right lessee hereunder, shall assume the following obligations:
1) to promote pay rent according to this Agreement;
2) to be liable for maintenances (excluding structural repairs) of the cooperation Properties during the rental term, except when a third party or owner of the building shall bear such liabilities according to agreement between Party B A and such third party;
3) to bear fees for water, electricity, heating, repair and other expenses for using the Properties during the rent term;
4) to pay compensations for losses to a third party due to decoration and reconstruction during the rent term;
5) to manage and use the Properties in Guangdong Province (region), proper manners and has no right pay compensations for losses such as damage or destruction of the Properties caused by its improper management or usage;
6) to sign an agreement on behalf of Party A. If Party B signs an agreement on behalf of return the Properties to Party A without authorization, Party A has immediately upon the right to reject it. If the agent recommended by Party B in the pre-reporting list directly signs the purchase with Party A, the agent's purchase will be regarded as Party B's purchase, and will be included in Party B's performance during the assessment.
6. Before the agreement signed by both parties comes into effect, the sales reported and authorized by Party A are not within the scope expiry of the agreement, including the repurchase behavior rental term or termination of the customer in the future, and are not bound by this agreementAgreement.
Appears in 2 contracts
Samples: Property Leasing Agreement (China Life Insurance Co LTD), Property Leasing Agreement (China Life Insurance Co LTD)
Rights and Obligations of Both Parties. 5.1 Party A, as the lessor of the Properties, shall be entitled to:
1) receive rent according to this Agreement;
2) other rights regulated in this Agreement.
5.2 Party A, as the lessor of the Properties, shall assume the following obligations:
1) Unless otherwise stipulated in this Agreement, Party A guarantees that it has the power to rent out the Properties according to this Agreement.
2) Party A undertakes to take all necessary actions to ensure the compliance of the Properties and the lease of the Properties with related regulations. Party A guarantees and undertakes to pay compensation in full amount within 30 days after receiving Party B’s written request for compensations for any losses caused by Party A’s failure to fulfill the above undertakings.
3) Party A shall provide support bear all the property tax, VAT and surcharges, stamp tax, land-using tax and all the other taxes payable according to laws arising from leasing property to Party B in accordance with Article 6 B.
4) During the term of this agreement.
2Agreement, in the event that Party A intends to transfer its ownership of the Properties to a third party, it shall notify Party B of such intention in writing. Party B shall promote and sell has the preemptive right to purchase the Properties under the same conditions. Party A's products B’s failure to confirm in Guangdong Province (region) in strict accordance with the contents agreed in this agreement, and shall not engage in any activities unrelated to the promotion and sale writing within 30 days upon receipt of Party A's products in ’s notification to exercise the name preemptive right shall be deemed a waiver of such right. In the event that Party A, otherwise Party A has the right to refuse to approve. Therefore, if Party A's economic losses are causedB waives such preemptive right, Party A has may transfer ownership of the right Properties to cancel Party B's product agency qualification at any time and ask Party B to bear all economic losses and all rights protection expenses (including but not limited to attorney feesa third party under the same conditions. However, legal fees, arbitration fees, preservation fees, guarantee fees, etc.) caused by Party A.
3. Party A has the right to supervise and manage Party B's behavior, and has the right to ask for modification of Party B's behavior transfer shall take effect provided that is detrimental to Party A. Party B shall make effective rectification within 3 days after receiving the rectification notice put forward by Party A, and take timely measures to eliminate the negative impact if it causes external impact.
4. Party B shall not sell to areas outside the agreement for any reason, otherwise Party A has the right to terminate this agreement at any time.
5. Party B only has the right to promote the cooperation between Party B and the third party in Guangdong Province (region)party, and has no right to sign an agreement on behalf of Party A. If Party B signs an agreement on behalf of Party A without authorization, Party A has the right to reject it. If the agent recommended by Party B in the pre-reporting list directly signs the purchase with Party A, the agent's purchase will be regarded as Party B's purchase, and will be included in Party B's performance during the assessment.
6. Before the agreement signed by both parties comes into effect, the sales reported and authorized by Party A are not within the scope lessor of the agreementProperties, including the repurchase behavior of the customer in the future, and are not shall be bound by this agreementAgreement.
Appears in 2 contracts
Samples: Property Leasing Agreement, Property Leasing Agreement (China Life Insurance Co LTD)
Rights and Obligations of Both Parties. 1. Article 17 The rights and obligations of Party A are as follows:
17.1 Party A is entitled to withdraw and use the loan according to the term and uses stipulated in the Contract;
17.2 Party A shall provide support to Party B in accordance with Article 6 repay both the principal and interests of this agreement.
2. Party B shall promote and sell Party A's products in Guangdong Province (region) in strict accordance with the contents loan as agreed in this agreement, and shall not engage in any activities unrelated to the promotion and sale of Party A's products in the name of Party A, otherwise Contract;
17.3 Party A has shall accept the right to refuse to approve. Thereforeinvestigation, if Party A's economic losses are caused, Party A has the right to cancel Party B's product agency qualification at any time understanding and ask supervision of Party B to bear all economic losses and all rights protection expenses (including but not limited to attorney fees, legal fees, arbitration fees, preservation fees, guarantee fees, etc.) caused by Party A.the uses of the loan under the Contract;
3. 17.4 Party A has the right to supervise and manage Party B's behavior, and has the right to ask for modification of Party B's behavior that is detrimental to Party A. Party B shall make effective rectification within 3 days after receiving the rectification notice put forward by Party A, and take timely measures to eliminate the negative impact if it causes external impact.
4. Party B shall not sell to areas outside the agreement for any reason, otherwise Party A has the right to terminate this agreement at any time.
5. Party B only has the right to promote the cooperation between Party B and the third party in Guangdong Province (region), and has no right to sign an agreement on behalf of Party A. If Party B signs an agreement on behalf of Party A without authorization, Party A has the right to reject it. If the agent recommended by actively cooperate with Party B in the pre-reporting list directly signs the purchase with investigation, understanding and supervision of Party AB to its production, the agent's purchase will be regarded as operation and financial position, and provide copies of its financial statements by month to Party B's purchase, such as the Balance Sheet, Income Statement, and will be included Cash Flow Statement;
17.5 In the case that any event may constitute threats to the formal operation of Party A or constitute material threat to Party A performing its repayment responsibility under the Contract, Party A shall inform Party B in writing immediately;
17.6 In case that Party A has gone through activities that may change the debtor-creditor relationship of the Contract or affect the rights and interests of Party B's performance during the assessment.
6. Before the agreement signed by both parties comes into effect, the sales reported and authorized by such as consolidation, spin-off, joint-stock reconstruction, contract, lease, asset transfer, joint ownership, investment, applying for suspending business for rectification, applying for dissolution, applying for bankruptcy, Party A are shall notify Party B in advance and get the written consent of Party B, or it shall not within carry out the scope behaviors hereinbefore before paying off the loan under the Contract;
17.7 During the validity of the agreementContract, including the repurchase behavior Party A shall inform Party B of the customer in changes of name, address or legal representative within 3 legitimate working days after the futurechanges;
17.8 In case that Party A needs to transfer its debt under the Contract to the third party, and are not bound by this agreement.it shall acquire the written consent of Party B.
Appears in 1 contract
Rights and Obligations of Both Parties. 17.1 In addition to the obligations of Party A stipulated in other clauses of this contract, Party A shall also perform the following obligations:
7.1.1. Party A shall provide support deliver to Party B the houses, ancillary facilities and equipment that meet the requirements and conditions stated in this contract, and Party B shall use them in accordance with Article 6 of this agreement.
2. Party B shall promote the business purposes and sell Party A's products in Guangdong Province (region) in strict accordance with the contents agreed conditions stipulated in this agreement, and shall not engage in any activities unrelated to contract;
7.1.2. During the promotion and sale of Party A's products in the name of Party A, otherwise Party A has the right to refuse to approve. Therefore, if Party A's economic losses are causedcontract period, Party A has the right to cancel maintain all the facilities and equipment in the house, while must notify Party B in advance;
7.1.3. Unless otherwise stipulated in this contract, Party A shall bear the taxes and fees payable by the lessor related to the house;
7.1.4. Without reasonable reasons, Party A shall not interfere with or hinder Party B's product agency qualification at any time ’s normal and ask reasonable use of the house.
7.2 In addition to the obligations of Party B stipulated in other clauses of this contract, Party B shall also perform the following obligations:
7.2.1 Strictly abide by the tenant rules, decoration rules and the project management regulations formulated and modified by Party A and/or the management company from time to bear time;
7.2.2 No defacement, destruction or unauthorized use of public areas, public facilities and equipment;
7.2.3 Without the prior written consent of Party A, no advertising signs shall be displayed outside the house; any promotional activities or similar activities shall not be carried out outside the house; Party A’s project name, logo or Party A’s name, logo, etc. shall not be used without authorization;
7.2.4 the decoration and decoration work for the house has been completed and passed Party A’s acceptance before the opening date of the house, and obtain all economic losses approvals, business licenses, qualification certificates and permits for legal activities in the house, and shall update them in due course Such approvals, certifications, business licenses and permits. Party B shall provide the originals of all these documents (including updated documents) to Party A for review in a timely manner, and provide a copy for Party A to keep;
7.2.5 Before signing any contract with wireless network service content with operators or other organizations, Party B shall obtain written permission from Party A. The coverage of Party B’s wireless network service is limited to the house, and the frequency band selected by Party B shall not conflict with the frequency band selected or reserved by Party A.
7.2.6 Party B shall always have the legal and effective intellectual property rights protection expenses (including but not limited to attorney feesregistered trademarks) related to the performance of this contract during the term of this contract, legal feesor the right holder’s authorization to allow Party B to legally use such intellectual property rights, arbitration fees, preservation fees, and guarantee fees, etc.) caused by Party A.
3. that it shall not infringe upon Party A has the right to supervise Party and manage Party B's behavior, and has the right to ask for modification of Party B's behavior that is detrimental to Party A. Party B shall make effective rectification within 3 days after receiving the rectification notice put forward by Party A, and take timely measures to eliminate the negative impact if it causes external impact.
4any third party’s intellectual property rights. Party B shall not sell to areas outside the agreement for any reason, otherwise ensure that Party A has the right is free from all disputes and controversies related to terminate this agreement at any time.
5intellectual property rights (including disputes and controversies with obligees and consumers) and administrative penalties. Party B only has the right to promote the cooperation between Party B and the third party in Guangdong Province (region), and has no right to sign an agreement on behalf of Party A. If Party B signs an agreement on behalf of Party A without authorizationsuffers losses due to this, Party A has the right to reject it. If the agent recommended by demand full compensation from Party B in the pre-reporting list directly signs the purchase with Party A(including but not limited to any advance compensation expenses, the agent's purchase will be regarded as Party B's purchasejoint compensation expenses, and will be included in Party B's performance during the assessmentadministrative fines, attorney fees, litigation fees, etc.
6. Before the agreement signed by both parties comes into effect, the sales reported and authorized by Party A are not within the scope of the agreement, including the repurchase behavior of the customer in the future, and are not bound by this agreement).
Appears in 1 contract
Samples: Lease Agreement (YanGuFang International Group Co., LTD)
Rights and Obligations of Both Parties. 5.1 Party A, as the lessor of the Properties, shall be entitled to:
1) receive rent according to this Agreement;
2) other rights regulated in this Agreement.
5.2 Party A, as the lessor of the Properties, shall assume the following obligations:
1) Unless otherwise stipulated in this Agreement, Party A guarantees that it has the power to rent out the Properties according to this Agreement.
2) Party A undertakes to take all necessary actions to ensure the compliance of the Properties and the lease of the Properties with related regulations. Party A guarantees and undertakes to pay compensation in full amount within 30 days after receiving Party B’s written request for compensations for any losses caused by Party A’s failure to fulfill the above undertakings.
3) Party A shall bear all the property tax, business tax, additional tax, stamp tax, land-using tax and all the other taxes payable according to laws arising from leasing property to Party B.
4) During the term of this Agreement, in the event that Party A intends to transfer its ownership of the Properties to a third party, it shall notify Party B of such intention in writing. Party B has the preemptive right to purchase the Properties under the same conditions. Party B’s failure to confirm in writing within 30 days upon receipt of Party A’s notification to exercise the preemptive right shall be deemed a waiver of such right. In the event that Party B waives such preemptive right, Party A may transfer ownership of the Properties to a third party under the same conditions. However, the transfer shall take effect provided that the third party, as lessor of the Properties, shall be bound by this Agreement.
5) Party B may require reducing sites of rented property according to its business situations with a written notice to Party A one month in advance.
6) Unless otherwise agreed by both Parties, during the term of this Agreement, Party A shall not, partly or in whole, take back the Properties early, or terminate this Agreement early.
7) Party A shall provide support to necessary assistance for reasonable requests of Party B in accordance with Article 6 related to using of the properties Party B rents according to this agreementAgreement.
5.3 Party B, as the lessee hereunder, shall be entitled to:
1) occupy and use the Properties according to this Agreement;
2. Party B shall promote ) carry out non-structural decoration and sell Party A's products in Guangdong Province (region) in strict accordance with reconstruction of the contents agreed Properties at its own cost according to its business requirement without violating related laws, regulations and commitments in this agreement, Agreement. Such decoration and reconstructions shall not engage in any activities unrelated to bring adverse effect on the promotion and sale value of Party A's products ’s Properties and/or Party A’s rights;
3) sublet the Properties, partly or in the name whole, with prior written consent of Party A, otherwise ;
4) require decrease of the number of sites of the Properties according to its business situations with a written notice to Party A has with one month in advance;
5) notwithstanding the right to refuse to approve. Thereforeabove, if Party A's economic losses are caused, Party A has any of the right Properties is damaged not due to cancel Party B's product agency qualification at any time and ask Party B to bear all economic losses and all rights protection expenses (including but not limited to attorney fees, legal fees, arbitration fees, preservation fees, guarantee fees, etc.) caused by Party A.
3. Party A has the right to supervise and manage Party B's behavior, and has the right to ask for modification fault of Party B's behavior that is detrimental , Party B may demand termination of the rental of the damaged property by giving written notice to Party A. Party B A shall make effective rectification confirm the damage within 3 30 days after receiving such notice. If Party A fails to confirm within the rectification notice put forward by limited time, Party AA will be deemed to have accepted Party B’s demand. Thereafter, and take timely measures to eliminate the negative impact if it causes external impact.
4relation between the two parties concerning rental of the damaged property is terminated. Party B shall does not sell need to areas outside pay the agreement rent for any reason, otherwise the damaged property from the date of such damage. After Party A has completes repair of the damaged property, the two parties may, with consent of Party B, resume the rental relationship in respect of the repaired property according to the terms of this Agreement from the date agreed by both parties;
6) the preemptive right under the same conditions if Party A intends to terminate this agreement at any timesell the Properties.
5. 5.4 Party B only has B, as the right lessee hereunder, shall assume the following obligations:
1) to promote pay rent according to this Agreement;
2) to be liable for maintenances (excluding structural repairs) of the cooperation Properties during the rental term, except when a third party or owner of the building shall bear such liabilities according to agreement between Party B A and such third party;
3) to bear fees for water, electricity, heating, repair and other expenses for using the Properties during the rent term;
4) to pay compensations for losses to a third party due to decoration and reconstruction during the rent term;
5) to manage and use the Properties in Guangdong Province (region), proper manners and has no right pay compensations for losses such as damage or destruction of the Properties caused by its improper management or usage;
6) to sign an agreement on behalf of Party A. If Party B signs an agreement on behalf of return the Properties to Party A without authorization, Party A has immediately upon the right to reject it. If the agent recommended by Party B in the pre-reporting list directly signs the purchase with Party A, the agent's purchase will be regarded as Party B's purchase, and will be included in Party B's performance during the assessment.
6. Before the agreement signed by both parties comes into effect, the sales reported and authorized by Party A are not within the scope expiry of the agreement, including the repurchase behavior rental term or termination of the customer in the future, and are not bound by this agreementAgreement.
Appears in 1 contract
Samples: Property Leasing Agreement (China Life Insurance Co LTD)
Rights and Obligations of Both Parties. 5.1 Party A, as the lessor of the Properties, shall be entitled to:
1) receive rent according to this Agreement;
2) other rights regulated in this Agreement.
5.2 Party A, as the lessor of the Properties, shall assume the following obligations:
1) Unless otherwise stipulated in this Agreement, Party A guarantees that it has the power to rent out the Properties according to this Agreement.
2) Party A undertakes to take all necessary actions to ensure the compliance of the Properties and the lease of the Properties with related regulations. Party A guarantees and undertakes to pay compensation in full amount within 30 days after receiving Party B’s written request for compensations for any losses caused by Party A’s failure to fulfill the above undertakings.
3) Party A shall bear all the property tax, VAT and surcharges, stamp tax, land-using tax and all the other taxes payable according to tax laws and regulations arising from leasing property to Party B.
4) During the term of this Agreement, in the event that Party A intends to transfer its ownership of the Properties to a third party, it shall notify Party B of such intention in writing. Party B has the preemptive right to purchase the Properties under the same conditions. Party B’s failure to confirm in writing within 30 days upon receipt of Party A’s notification to exercise the preemptive right shall be deemed a waiver of such right. In the event that Party B waives such preemptive right, Party A may transfer ownership of the Properties to a third party under the same conditions. However, the transfer shall take effect provided that the third party, as lessor of the Properties, shall be bound by this Agreement.
5) In case Party A transfers the Properties rented by Party B under this Agreement to a third party after January 1, 2023, if Party B has invested decoration and improvement expenses during the lease period (including the lease period of previous years) and such decoration and improvement expenses have not been fully amortized when the Properties are transferred, Party A shall compensate Party B for the book loss of such decoration and improvement expenses. The book loss of decoration and improvement expenses for the Properties transferred shall be settled by Party A to Party B by the end of March of the next year of the transfer. During the term of this Agreement, the total amount of unamortized decoration and improvement expenses when Party A’s Properties are transferred is estimated to be RMB 23,744,020.45. The above amounts are for reference only, and the specific amounts shall be determined based on actual disposal and relevant renovation data.
6) Unless otherwise agreed by both Parties, during the term of this Agreement, Party A shall not, partly or in whole, take back the Properties early, or terminate this Agreement early.
7) Party A shall provide support to necessary assistance for reasonable requests of Party B in accordance with Article 6 related to using of the properties Party B rents according to this agreementAgreement.
5.3 Party B, as the lessee hereunder, shall be entitled to:
1) occupy and use the Properties according to this Agreement;
2) carry out non-structural decoration and reconstruction of the Properties at its own cost according to its business requirement without violating related laws, regulations and commitments in this Agreement. Such decoration and reconstructions shall not bring adverse effect on the value of Party A’s Properties and/or Party A’s rights;
3) sublet the Properties, partly or in whole, with prior written consent of Party A; Party B shall promote and sell not sublet Party A's products in Guangdong Province (region) in strict accordance with ’s Properties hereunder to a third party. With the contents agreed in this agreement, and shall not engage in any activities unrelated to the promotion and sale of Party A's products in the name prior written consent of Party A, otherwise Party A has B may return the right to refuse to approve. Therefore, if whole or part of the area of Party A's economic losses are caused’s Properties hereunder and deduct the corresponding rent, Party A has the right to cancel Party B's product agency qualification at any time and ask Party B to bear all economic losses and all rights protection expenses (including but not limited to attorney feesmay, legal fees, arbitration fees, preservation fees, guarantee fees, etc.) caused by Party A.
3. Party A has the right to supervise and manage Party B's behavior, and has the right to ask for modification of Party B's behavior that is detrimental to Party A. Party B shall make effective rectification within 3 days after receiving the rectification notice put forward as entrusted by Party A, and take timely measures lease the returned area to eliminate the negative impact if it causes external impact.
4. Party B shall not sell to areas outside the agreement for any reason, otherwise Party A has the right to terminate this agreement at any time.
5. Party B only has the right to promote the cooperation between Party B and the a third party in Guangdong Province (region), and has no right to sign an agreement on behalf of Party A. If Party B signs an agreement on behalf of Party A without authorizationand pay any rent received therewith to Party A.
4) require decrease of the number of sites of the Properties according to its business situations with a written notice to Party A with one month in advance;
5) notwithstanding the above, if any of the Properties is damaged not due to the fault of Party B, Party B may demand termination of the rental of the damaged property by giving written notice to Party A. Party A shall confirm the damage within 30 days after receiving such notice. If Party A fails to confirm within the limited time, Party A has will be deemed to have accepted Party B’s demand. Thereafter, the relation between the two parties concerning rental of the damaged property is terminated. Party B does not need to pay the rent for the damaged property from the date of such damage. After Party A completes repair of the damaged property, the two parties may, with consent of Party B, resume the rental relationship in respect of the repaired property according to the terms of this Agreement from the date agreed by both parties;
6) the preemptive right under the same conditions if Party A intends to sell the Properties.
7) During the term of this Agreement, if Party A transfers the ownership of Party A’s Properties under this Agreement to a third party, Party B shall have the right to reject it. If require Party A to make compensation for the agent recommended remaining book value of improvement expenses by Party B in the pre-reporting list directly signs end of March of the purchase with Party A, next year after the agent's purchase will be regarded as ownership transfer if there are any improvement expenses for such properties that have not yet been fully depreciated.
5.4 Party B's purchase, and will as the lessee hereunder, shall assume the following obligations:
1) to pay rent according to this Agreement;
2) to be included in Party B's performance liable for maintenances (excluding structural repairs) of the Properties during the assessment.rental term, except when a third party or owner of the building shall bear such liabilities according to agreement between Party A and such third party;
3) to bear fees for water, electricity, heating, repair and other expenses for using the Properties during the rent term;
4) to pay compensations for losses to a third party due to decoration and reconstruction during the rent term;
5) to manage and use the Properties in proper manners and pay compensations for losses such as damage or destruction of the Properties caused by its improper management or usage;
6. Before ) to return the agreement signed by both parties comes into effect, the sales reported and authorized by Properties to Party A are not within immediately upon the scope expiry of the agreement, including the repurchase behavior rental term or termination of the customer in the future, and are not bound by this agreementAgreement.
Appears in 1 contract
Samples: Property Leasing Agreement (China Life Insurance Co LTD)
Rights and Obligations of Both Parties. 5.1 Party A, as the party to rent out the property, enjoys the following rights:
1) To receive rent according to this Agreement;
2) To enjoy other rights regulated in this Agreement.
5.2 Party A, as the party to rent out the property, shall bear the following obligations:
1) Unless otherwise stipulated in this Agreement, Party A guarantees it has the right to rent out the property of Party A according to this Agreement and it has the right to sublet the property for subletting hereunder with consent of a third party according to the property leasing agreement Party A signs with such third party and stipulations of this Agreement.
2) Party A undertakes to take all necessary actions to ensure the property hereunder and renting of such property conform to related regulations. Party A guarantees and undertakes to pay compensation in full amount within 30 days after receiving Party B’s written request for compensations for any losses (including all economic losses) caused by Party A’s failure to fulfill the above undertakings.
3) Party A shall rent out and sublet the property as required by Party B.
4) Party A shall bear all the property tax, business tax, additional tax, stamp tax, land-using tax and all the other taxes payable according to laws arising from leasing property to Party B.
5) During term of this Agreement, provided that Party A intends to transfer its ownership of the property of Party A to a third party, Party A shall inform Party B of such intention. Party B has preemption right to purchase such property under the same conditions. In case Party B waivers such preemption right, Party A may transfer the ownership to a third party under the same conditions. However, the transfer shall take effect only with the precondition that the third party, as the party to rent out the property hereunder, shall be bound by this Agreement.
6) Party B may require reducing sites of rented property according to its business situations with a written notice to Party A one month in advance.
7) Party A shall provide support to necessary assistance for reasonable requests of Party B in accordance with Article 6 related to using of the property Party B rents according to this agreementAgreement.
2. 8) Party B A shall promote and sell Party A's products in Guangdong Province (region) in strict accordance with perform all of its obligations as the contents agreed in this agreement, party to rent out the property and shall not engage affect Party B’s normal using of the rented property hereunder with any actions or inactions.
9) Unless otherwise regulated in any activities unrelated this Agreement, during term of this Agreement, Party A shall not withdraw the property hereunder, partly or wholly, or terminate this Agreement at an earlier time.
5.3 Party B, as the party to rent the hose property hereunder, enjoys the following rights:
1) to occupy and use the property hereunder according to this Agreement;
2) to carry out non-structural decoration and reconstruction of the property hereunder at its own cost according to its business requirement without violating related laws, regulations and commitments in this Agreement. Such decoration and reconstructions shall not bring adverse effect on value of the property and/or rights of Party A.
3) to sublet the property of Party A hereunder, partly or wholly, with prior written consent of Party A. (inapplicable to the promotion and sale property for subletting)
4) to require increase of Party A's products in the name number of Party Asites of the property hereunder according to its business situations, otherwise with which Party A shall try its best to satisfy Party B.
5) to require decrease of the number of sites of the property hereunder according to its business situations with a written notice to Party A with one month in advance.
6) Nevertheless of the above, if any of the property is damaged not due to Party B’s fault, Party B has the right to refuse decide the damage degree with its own judgment. If the damage is so serious that Party B is not able to approve. Therefore, if Party A's economic losses are causeduse such property in reasonable and normal manner, Party A has B may require terminating rent of the right to cancel Party B's product agency qualification at any time and ask Party B to bear all economic losses and all rights protection expenses (including but not limited to attorney fees, legal fees, arbitration fees, preservation fees, guarantee fees, etc.) caused by Party A.
3. Party A has the right to supervise and manage Party B's behavior, and has the right to ask for modification of Party B's behavior that is detrimental damaged property with a written notice to Party A. Party B A shall make effective rectification confirmation of the damage within 3 15 days after receiving such notice. In case Party A fails to make confirmation within the rectification notice put forward by limited time, it is deemed Party AA accepts Party B’s requirement. Afterwards, and take timely measures to eliminate the negative impact if it causes external impact.
4relation between the two parties concerning rent of the damaged property is terminated. Party B shall does not sell need to areas outside pay the agreement rent for any reason, otherwise the damaged property from the date of such damage. After Party A has finishes repair of the right damaged property, the two parties may, with consent of Party B, resume the rental relation concerning the repaired property according to terminate terms of this agreement at any timeAgreement from the date agreed by both parties.
5. 7) To have the preemption right under the same conditions in case Party B only has A intends to sell the right property of Party A.
5.4 Party B, as the party that rents the property hereunder, shall bear the following obligations:
1) to promote pay rent according to this Agreement;
2) liable for maintenances (excluding structural repairs) of the cooperation property hereunder during the rent term, except when a third party or owner of the houses shall bear such liabilities according to agreement between Party B A and such third party;
3) to bear fees for water, electricity, heating, repair and other expenses for using such property during the rent term;
4) to pay compensations for losses to a third party due to decoration and reconstruction during the rent term;
5) to manage and use the property hereunder in Guangdong Province (region), proper manner and has no right pay compensations for losses like damage or elimination of the property caused by its improper management or using behaviors;
6) to sign an agreement on behalf of Party A. If Party B signs an agreement on behalf of return the property hereunder to Party A without authorization, Party A has the right to reject it. If the agent recommended by Party B in the pre-reporting list directly signs the purchase with Party A, the agent's purchase will be regarded as Party B's purchase, and will be included in Party B's performance during the assessment.
6. Before the agreement signed by both parties comes into effect, the sales reported and authorized by Party A are not within the scope immediately after expiry of the agreement, including the repurchase behavior rent term or termination of the customer in the future, and are not bound by this agreementAgreement.
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Samples: Property Leasing Agreement (China Life Insurance Co LTD)