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Common use of Rights and Obligations of Party B Clause in Contracts

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.

Appears in 5 contracts

Samples: Loan Agreement (SkyPeople Fruit Juice, Inc), Loan Contract (SkyPeople Fruit Juice, Inc), Loan Contract (SkyPeople Fruit Juice, Inc)

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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 that 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.

Appears in 3 contracts

Samples: Loan Contract (SkyPeople Fruit Juice, Inc), Loan Agreement (SkyPeople Fruit Juice, Inc), Loan Agreement (SkyPeople Fruit Juice, Inc)

Rights and Obligations of Party B. 8.1 Party 0. Xxxxx 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 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 0. Xxxxx B is entitled to debit any account opened by Party A with any branch or office of China Commerce Construction Bank for any amount due to Party B under this Contract. 8.4 Party 0. Xxxxx B shall disburse the Loan to Party A in accordance with this Contract, except for any delay caused by Party A. 8.5 Party 0. Xxxxx 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.

Appears in 1 contract

Samples: RMB Credit Limitation Contract (SkyPeople Fruit Juice, Inc)

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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 that 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.

Appears in 1 contract

Samples: Loan Agreement (SkyPeople Fruit Juice, Inc)

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