Rights and Obligations of Party B Sample Clauses

Rights and Obligations of Party B. 8.1 Party B is entitled to use the Leased Units in accordance with the Contract. Party B may set a notable mark on the exit of elevators of the floor of leasing pursuant to the xxxevant management regulations of the Corporate Squares. The detailed conditions shall be discussed by both Parties. 8.2 Party B shall carry out the business activities in the Leased Units in compliance with laws, regulations and rules of the People's Republic of China and is prohibited to harm Party A's reputation through its activities. 8.3 Party B shall duly make the payments with respect to the rent, property management fee, electricity usage fee and any other charges it shall be responsible for. 8.4 Starting from the Commencement Date, Party B shall purchase insurance for the properties in the Leased Units, including property insurance and third party liability insurance. Otherwise, Party B and not Party A shall be solely responsible for all liabilities and losses. 8.5 Party B shall not alter the purpose of use of the Leased Units without consent in writing from Party A. 8.6 Party B shall not re-lend, sublease, and exchange the Leased Units, in whole or part, to third parties or allow third parties to use the Leased Units by other means, without consent in writing from Party A. 8.7 Party B shall not alter the locking and security system on the gate of the Leased Units without consent in writing from Party A or approval from related departments. 8.8 Party B shall not alter or move the equipment for usage of water and electricity and shall not enlarge the capacities of central air conditioning, without consent in writing from Party A. 8.9 Party B shall take necessary actions to prevent the Leased Units from fires accident or man-made damage. Party B shall immediately notify to Party A with respect to any damage of the Leased Units. Party B shall restore the damaged parts of the Leased Units to their former condition within one month upon receipt of Party A's notice, provided that the damages resulted from negligence by Party B and its employees. If Party B fails to do so timely, Party A has the right to repair the damaged parts. All the expenses thus incurred shall be borne by Party B. 8.10 Party B is entitled to require Party A repairing the Leased Units, and the public facilities and equipment, and repair such based on the original standards by itself if Party A fails to perform the obligation of repairing timely and affects the normal use of such. All the expenses thus incurr...
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Rights and Obligations of Party B. 11.1 Party B shall have the right to request Party A to provide relevant documents evidencing his legal identity. 11.2 Party B shall have the right to request Party A to provide financial reports and other documents reflecting his credit standing. 11.3 In any of the following conditions, Party B shall have the right to legally dispose the Mortgage: 11.3.1 Party B does not receive the discharge upon the expiration of the time for re-paying in part or in whole the principal of the obligation under the Main Contracts or the interest thereupon; 11.3.2 When any of the conditions specified in Article 10.5 herein occurs and Party A fails to separately provide corresponding guarantee; 11.3.3 Other circumstances under which Party B can realize its creditor’s rights earlier as per the provisions of the Main Contracts; 11.3.4 Other circumstances under which Party B can realize hypothecation as per the provisions herein. 11.4 If it is agreed to dispose the Mortgage earlier as per the provisions in this Contract, Party A agrees that Party B shall have the right to dispose the proceeds from the disposal of the Mortgage in the following means: I. Use it to pay off the principals and interest thereupon under the Main Contracts and relevant expenses; II. Transfer it into term deposit and mortgage the deposit receipt; III. Deposit it with a third party designated by Party B; 11.5 In any of the following conditions, Party B shall have the right to dispose the Mortgage earlier and get paid first from the proceeds from the disposal: 11.5.1 Party B legally dissolve the Main Contracts as per the provisions thereof, provided that the main obligations under the mortgage contract have been incurred in part or in whole and have not been performed in full; 11.5.2 When Party B requests the Debtor to perform his obligations earlier as per the provisions of the Main Contracts and the creditor’s rights under the Main Contracts cannot be realized or cannot be realized in whole. 11.6 Party B shall have the right to request Party A to assist Party B in protecting the hypothecation from being infringed by any third party. 11.7 Unless otherwise specified by any laws, regulations and/or financial rules, Party B shall keep confidential of the undisclosed information contained in any and all relevant documents, financial reports and other relevant documents submitted by Party A during the performance of his obligations hereunder; 11.8 If Party B needs to legally transfer the principal creditor’s...
Rights and Obligations of Party B. 1、乙方应当具有海事管理机构批准的资质,并保持相应的应急清污能力。 1. Party B shall possess relevant qualification approved by Maritime Safety Administration (MSA), and maintains its corresponding capability of pollution response. 2、乙方应当书面确认已收到甲方按照第一条第一款约定提供的协议船舶的基本信息和动态信息,并按照双方约定的时间、方式和内容将乙方应急值守的相关信息告知甲方。 2. Party B shall confirm in written form the receipt of the agreed ships’ relevant basic information and dynamic information provided by Party A in accordance with stipulation of paragraph 1 of Article 1, and informs Party A information on relevant emergency standby provided by Party B in accordance with the time, way, and contents agreed by both parties.
Rights and Obligations of Party B. 3.1 Any and all the business management rules, cooperative management rules, credit management rules, customer service management rules, verification rules and information service standards and the revision thereof (specifically subject to the rules or standards released by Party A in its management system) made by Party A from time to time during the cooperative period shall be operated as annexes to this Agreement, and Party B acknowledges the foregoing and undertakes to comply with all the requirements in providing the game service hereunder. 3.2 Party B shall provide Party A the valid and true copies of the telecommunication and information services operation permit, telecommunication value-added service license, business license, other licenses/permits, the letter of credit, information sources, bank account and other documents required for the normal operation of Party B, and Party B shall ensure that the provided service fees comply with the relevant regulations released by the state pricing authorities. 3.3 Party B must abide by Chinese laws, regulations and policies regarding the telecommunications and internet information services, and undertakes that the contents provided will not violate relevant Chinese laws, regulations and policies, and will not damage the legitimate rights & interests of third parties and public interests, and it will not spread any unlawful information through the system of Party A, otherwise it shall be liable for any and all the consequences arising therefrom. Party B must be in position to filter the information provided by the customers, such as the chat records, and preclude all unhealthy and unlawful information. Party B shall be responsible for dealing with all the complaints arising therefrom and assume all the economic and legal liabilities. If Party A suffers any economic loss, or goodwill loss, it shall have the right to claim indemnifications against Party B. 3.4 Party B must abide by the relevant laws in providing the game services hereunder, and shall possess any and all the government permits, production and/or use licenses and/or authorizations, and the service provided by Party B shall have a lawful and authentic source, and it shall not infringe upon or otherwise use without due authorizations, the IPRs of any third party, such as copyrights of the third party or other lawful rights. If due to the game services of Party B, Party A is complained, prosecuted or otherwise claimed by any third party alleging ...
Rights and Obligations of Party B. 7.1 Rights of Party B 7.1.1 Party B has the right to take over the leased assets on schedule according to the requirement of this Agreement, and to use properly the office building (including logistics guarantee and service system and accessory equipment/facilities) during the lease term for the purpose of production and operation. 7.1.2 According to the requirement of this Agreement, Party B has the right to maintain the leased assets as necessary. 7.1.3 During the lease term, Party B enjoys the ownership for the fixed assets which were invested in the leased area for the purpose of production and operation. 7.1.4 Within the term of validity of this Agreement, if Party A transfers the ownership of leased assets, under the same conditions, Party B enjoys the priority in preemption; when the lease term expired, if Party A continues to rent out the leased assets, under the same conditions, Party B enjoys the priority in leasehold. 7.2 Obligations of Party B 7.2.1 Party B should guarantee that, they shall use the leased assets (including logistics guarantee and service system and accessory equipment/facilities) in a reasonable way according to the requirements of this Agreement. 7.2.2 Party B shall pay up the rents of current year before January 31 per year. Party B shall also remit the above rents to the nominated bank account by Party A. 7.2.3 Party B should guarantee that, all kinds of leased facilities are in a good condition, and do not conduct any man-made damage on them. 7.2.4 During the lease term, Party B cannot engage in the activities forbidden by the laws and regulations of People’s Republic of China, cannot carry out any business or activities which are likely to do harm to Party A, and cannot make use of leased assets to carry out any other unlawful activities. 7.2.5 Without the written consent of Party A, Party B cannot sublet the leased assets to other third-party or use together with other third-party on his own authority. 7.2.6 After the lease term expired, if Party A and Party B do not reach the written consent over the extension, Party B should retrocede the leased assets to Party A, except for the leased assets which are lost and damaged resulting from reasonable wear and tear. 7.2.7 After the lease term expired, if Party A and Party B do not reach the written consent over the extension, Party B could transfer the ownership of attached production and operation equipment to Party A, and could require proper compensation from Party A, or Pa...
Rights and Obligations of Party B. 1. Party B is entitled to have access to information about the production, operation, and financial activities of Party A, and to require Party A to provide financial information and documents in respect to its production and operation. 2. If the credit rating of Party A declines, Party B is entitled to adjust or even cancel the Facility which is otherwise available. 3. Party B is entitled to debit any account opened by Party A with any branch or office of China Construction Bank for any amount due to Party B under this Contract. 4. Party B shall disburse the Loan to Party A in accordance with this Contract, except for any delay caused by Party A. 5. Party B shall keep in confidence financial information and trade secrets in relation to production and operation of Party A unless otherwise required by laws or regulations.
Rights and Obligations of Party B. 8.1 Party B is entitled to have access to information about the production, operation, and financial activities of Party A, and to require Party A to provide financial information and documents in respect to its production and operation. 8.2 If the credit rating of Party A declines, Party B is entitled to adjust or even cancel the Facility which is otherwise available. 8.3 Party B is entitled to debit any account opened by Party A with any branch or office of China Commerce Bank for any amount due to Party B under this Contract. 8.4 Party B shall disburse the Loan to Party A in accordance with this Contract, except for any delay caused by Party A. 8.5 Party B shall keep in confidence financial information and trade secrets in relation to production and operation of Party A unless otherwise required by laws or regulations.
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Rights and Obligations of Party B. Comply with technical regulations on solar power; control the electrical energy quality according to provisions of Clause 1 Article 15 of the Decree No. 137/2013/ND-CP; Articles 40 and 41 of the Circular No. 39/2015/TT-BCT or amended or replaced documents, unless otherwise agreed on by both parties. - Cooperate with Party A in recording, ensuring the consistency and following the electricity consumed in each cycle, transmitted to the grid and excess electricity generated and revenue earned from electricity generation by Party B in each normal/peak/off-peak hour.
Rights and Obligations of Party B. (i) Party B has the right to require Party A to pay the contract sum in full and on time as agreed in this Contract. (ii) Party B shall ensure that it has the legal qualifications to complete the entrusted matters of the first party, fully understands the specific requirements of the first party for the entrusted matters stipulated in this contract, and has the ability to strictly provide services and submit service results in accordance with the requirements of the first party. (iii) During the software development process, Party B has the right to request reasonable and necessary assistance from Party A, and has the right to request Party A to provide necessary information. The information provided by Party A to assist Party B in completing software development under this contract is only for the purpose of this contract. Without Party A’s written permission, Party B shall not use the above information for any purpose other than the purpose of this contract. The confidentiality obligation of Party B for the above-mentioned materials or information shall not terminate due to the termination or termination of this contract, until the relevant materials or information are made public by Party A. If Party B fails to fulfill its confidentiality obligations and causes Party A’s relevant materials or information to be disclosed in advance, Party B shall compensate Party A for the actual losses suffered as a result. (iv) Party B fully understands and fully agrees that the “Product Development Requirements List” is the framework summary requirements of the first party for software development. The second party forms the “Product Development Requirements List” through research and analysis of the Party A’s requirements and makes timely modifications and adjustments according to the Party A’s requirements. (v) During the performance period of this contract, Party B shall obtain Party A’s trade secrets related to this project in accordance with the needs of contract performance, and such trade secrets shall only apply to the performance of its obligations under this contract. The second party shall not use, disseminate or disclose trade secrets without authorization. Otherwise, Party A has the right to hold Party B liable for breach of contract and demand that Party B compensate for the actual losses caused thereby. (vi)Designated by Party B (Name: *** Email: ******) as the contact person, responsible for contacting Party A and conveying Party B’s instructions and r...
Rights and Obligations of Party B. 6.1 Party B shall have the following rights: 6.1.1 to request Party A to make available the Loans or other facilities under the facility upon the conditions stated herein; 6.1.2 to utilize the facility according to this Agreement; 6.1.3 to request Party A to keep the information provided by Party B in respect of its production, operations, property, accounts and so forth confidential, unless otherwise required by law. 6.1.4 to transfer the debts to a third party after obtaining consent from Party A. 6.2 Party B shall undertake the following obligations: 6.2.1 to honestly provide such documents and materials as Party A requires and the names of the banks with which Party B maintains its accounts, the account numbers and the balances of its deposits and loans, and to give cooperation in the investigation, review and examination conducted by Party A; 6.2.2 to accept Party A’s supervision of its utilization of credit facilities and relevant production, operation and financial activities of Party B; 6.2.3 to apply the Loans and/or other facilities for the purposes prescribed in the respective certificates of indebtedness and the respective specific contracts; 6.2.4 to pay in full the principal and interest of the Loans and/or advances on time as agreed in this Agreement, the respective certificates of indebtedness and the respective specific contracts; 6.2.5 to obtain written consent from Party A before transferring the debts hereunder, in whole or in part, to a third party; 6.2.6 to forthwith notify Party A of the occurrence of any of the following events and cooperate with Party A in carrying out measures for securing due payment of the principal and interest of the Loans and other facilities and all other relevant expenses hereunder: 6.2.6.1 Party B suffers grave financial loss, asset loss or other financial distress; 6.2.6.2 Party B offers a loan or guarantee or put its property (rights) in mortgage (pledge), for the benefits of a third party or to protect that third party from any loss; 6.2.6.3 Any of the following alterations of Party B occurs: amalgamation (merger), division, reorganization, equity (cooperative) joint venture, transfer of equity (shareholding), transformation into shareholding company; 6.2.6.4 Party B winds up its business, has its business licence revoked or cancelled, has filed or been presented the bankruptcy or dissolution petition and so forth; 6.2.6.5 Party B’s controlling shareholder and other affiliates suffer great difficulty in...
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