Rights and Obligations of the Two Parties Sample Clauses

Rights and Obligations of the Two Parties. 2. 1During term of this Agreement, Party A's rights and obligations include: (1) Party A is entitled to make the supervision and inquiry of the work regularly or irregularly. (2) Based on Item 1.2, Party A shall tail Party B for corresponding 144 restricted stock. (3) Based on Item 1.3, Party A shall assist Party B to deregulate the shares. (4) Party A is entitled with other rights and obligations of this Agreement.
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Rights and Obligations of the Two Parties. 6.1 The Licensor's rights include: (1) The Licensor has the right to require the Licensee to use the licensed trademarks in accordance with the provisions hereof. (2) During the term of this Agreement, the Licensor has the right to require the Licensee to provide trademark use evidence, including but not limited to photos, brochures, billboard samples and other materials of the Licensee and others who have been sub-licensed by the Licensee on the use of the licensed trademarks. (3) The Licensor has the right to send personnel to check the use of the licensed trademarks, and the Licensee shall cooperate with such check. (4) The Licensor may urge the Licensee to use the licensed trademarks in the manner agreed herein, and prevent the Licensee's improper use. (5) The Licensor has other rights hereunder. 6.2 The Licensor's obligations include: (1) During the license term, the Licensor take necessary measures and actions to maintain the validity of the licensed trademarks. (2) The Licensor shall file the trademark license agreement with the Trademark Office of the State Administration for Industry and Commerce within the statutory time limit, and the filing fee shall be borne by the Licensee. (3) The Licensor shall guarantee that the licensed trademarks are not pledged. (4) The Licensor shall undertake other obligations hereunder. 6.3 The Licensee's rights include: (1) The Licensee has the right to use the licensed trademarks within the term hereof in accordance with the Agreement. (2) The Licensee has other rights hereunder. 6.4 The Licensee's obligations include: (1) The Licensee shall maintain the brand reputation and image of the licensed trademarks and properly use the licensed trademarks. (2) In the process of using the licensed trademarks, the Licensee shall not arbitrarily change the characters, designs or combinations of the characters and designs of the licensed trademarks. (3) Without the written consent of the Licensor, the Licensee shall not use the licensed trademarks beyond the permitted scope. (4) If the Licensee sub-licenses its acquired right to use the licensed trademarks hereunder to others, it shall ensure that the sub-licensed licensee recognize and comply with the Licensee's obligations hereunder. (5) Once the Licensor requests the Licensee to provide photos, brochures, billboard samples and other materials that can clearly show the use scope shown in Item 2.3 and other use scopes approved by Licensor in writing, the Licensee shall provid...
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Rights and Obligations of the Two Parties. 2.1 During the lease period, Party A’s rights and obligations are as follows: (1) Party A shall leave the Operation Company taken over by Party B on the date when this agreement comes into effect and have all the Operation Company’s business documents, business license, seals and so on kept by designated person and used regularly by Party B; anyway, Party B shall not operate under Party A’s name. Shareholders of Party A can only run important business under the Operation Company’s name upon the consent from Party B; (2) Party A cannot make any decisions on the operation of the permanent assets Party B rent without the prior written approval from Party B; (3) Party A shall assist Party B’s operational activities according to Party B’s requirements; (4) Party A shall not interfere with Party B’s operational activities by making use of shareholders’ power in whatever forms; (5) Party A shall not entrust or empower a third party except for Party B to perform the shareholders’ rights Party A has of the Operation Company without the prior written approval from Party B; (6) Party A cannot entrust, in whatever forms, a third party except for Party B to sell or pledge the property Party B rent without the prior written approval from Party B; (7) Party A shall not unilaterally terminate this agreement in advance with any reasons; (8) Other rights and obligations Party A shall have stipulated by this agreement. 2.2 During the lease period, Party B’s rights and obligations are as follows: (1) Party B shall have independent, comprehensive and exclusive rights on the operation and management of the rent permanent assets; (2) Party B shall have comprehensive and exclusive depositional rights on the operational current assets during the lease period; (3) Party B shall take all the income, profits produced by the rent equipments as well as deficits during the lease period; (4) Party B shall appoint finance officers and other managing personnel and executing personnel in the Operation Company; (5) Other rights and obligations Party B shall have stipulated by this agreement.
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Rights and Obligations of the Two Parties. Party A and Party B agree to jointly undertake the online hotel booking business and other businesses, based on the following division of work:
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Rights and Obligations of the Two Parties. (I) Rights and obligations of Party A 1. Pay the management fee according to the property management agreement; 2. Supervise and evaluate Party B’s management and maintenance and provide guiding suggestions; (II) Rights and obligations of Party B 1. Receive management fee according to the property management agreement; 2. Accept Party A’s supervision, management and evaluation; 3. Work with diligence in managing the property consigned by Party A, staffing qualified property management personnels to make sure finishing various tasks satisfactorily on time.
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Rights and Obligations of the Two Parties. 9.1 Rights and obligations of the Mortgager (1) When the debts covered by the mortgage hereunder are completely liquidated, the Mortgager shall have the right to require the Mortgagee to release the mortgage hereunder and cooperate in completing the mortgage release procedures. (2) Before termination of the Contract, without a written consent of the Mortgagee, the Mortgager shall not dispose of the mortgaged properties through bestowal, transfer, lease or in any other ways, nor shall it further create mortgage, pledge, lien or any other encumbrances of any form over the mortgaged properties. (3) The Mortgager shall pay the expenses in relation to the execution and performance of the Contract, including but not limited to property insurance cost, appraisal cost, legal cost, attorney fee, auction fee and realization cost. (4) When the mortgaged properties are infringed or threatened to be infringed by any third person, the Mortgager is obligated to promptly notify the Mortgagee, and take appropriate measures to avoid such infringement and protect the value of the mortgaged properties from being impaired. (5) Within the term hereof, in case of any situations that have or potentially have adverse effects on the mortgage such as merger, separation, closure of business, dissolution, winding up, revocation of business license, application of settlement, cancellation or restructuring and bankruptcy liquidation as decided by the Mortgager or ordered by appropriate authorities, the Mortgager must notify the Mortgagee in writing at least 30 days before such a decision or on the day of receipt of such an order; in case of material economic disputes, litigation, arbitration, or seizure, detainment or custody of properties by law, the Mortgager shall notify the Mortgagee in writing on the day of receipt of a court notification or within three working days upon occurrence of events that may cause the aforesaid situations; in case of changes in the Mortgager’s address, name, contact information, articles of association, scope of business, registered capital, legal representative and equity structure, the Mortgager shall notify the Mortgagee in writing within seven days after such changes. (6) If there are other guarantees for the Principal Claim of the Mortgagee, the Mortgagee shall have the right to decide the sequence for realization of guarantees at its discretion no matter such guarantees are provided by the Mortgager or a third person, and the Mortgager shall not be ...
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Rights and Obligations of the Two Parties. 3.1 Party A's rights and obligations 3.1.1 Party A will, with compensation, provide Party B with mobile communication network, value-added service platform and user resources and provide Party B with access services and calculation and collection of fees on behalf of Party B. 3.1.2 Party A has the right to formulate or amend from time to time Party A's Related Administrative Measures such as the Measures of the China Telecom on the Administration of SP Cooperation on Mobile Value-added Services, the Measures of the China Telecom on the Administration of SP Credit Points of Mobile Value-added Services based on business and market development, and notify Party B of the same by appropriate means. 3.1.3 Party A has the right to assess various services applied by Party B to disqualify those failing to satisfy related requirements based on Party B's business development, credit evaluation and breaches, give award for Party B's innovative business, and supervise Party B's customer service quality. 3.1.4 Party A shall be responsible for the construction and maintenance of SP service system, guarantee the normal operation of such system, use SP service system to issue notice/announcement, Party A's Related Administrative Measures and policies, and manage and update the information relating to Value-Added Services. As soon as the information sent by Party A reaches the access point of Party B's SP service system, Party B will be deemed to have received and understood the information sent by Party A. Party A will notify Party B of Party B's user name and password in the SP service system, to facilitate Party B to log in the SP service system. 3.1.5 As to the issuance, response, confirmation and explanation of such information as contract information, settlement information, complaint and breach punishment information generated in Party A's SP service system, including but not limited to data, form, appendixes, unless specifically indicated, shall be deemed to the evidence for the communication between the two parties. Such information shall be deemed to have been received and understood by Party B as soon as it reaches the access point of Party B's SP service system. Party A may provide appropriate backup and consultation function in the SP system. Nevertheless it is not liable for the complete preservation or re-provision of such information. 3.1.6 Party A will allocate to Party B an SP serial number for the identification of Party B in Party A's fee calculation and...
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Rights and Obligations of the Two Parties 
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Related to Rights and Obligations of the Two Parties

  • Rights and Obligations of the Parties 5.2.1. The client is obliged to: 5.2.1.1. Check for an SMS at the moment of issuance of a card, by which means they will receive a pin code, or check the integrity of the envelope in which the pin code is given; 5.2.1.2. Regularly review and abide by card usage and security regulations developed by the Bank, and not allow disclosure of the card and/or pin-code to the third persons; 5.2.1.3. Reimburse those bank expenses which are related to additional service costs of VISA and Mastercard (if any); 5.2.1.4. Use the card to pay the Bank any commission fee related to card servicing (producing, renewal, including in the international stop-list, etc.) and processing card transactions consistent with the tariff established by the Bank and/or international payment systems; 5.2.1.5. Perform transactions on the card account only within the limits of the available balance. The Bank shall impose a penalty on an intentionally or erroneously overspent amount in excess of the available balance according to the tariff established by the Bank for each day of using the surcharge amount; 5.2.1.6. Promptly fill surcharged amount; 5.2.1.7. Promptly notify the Bank about loss of the card; 5.2.1.8. Shall process card payment transaction in the internet only through the web pages having secure payment certifications (web pages where MasterCard SecureCode or Verified by VISA logos are depicted, allowing for making payment with 3D security code). The bank shall bear no responsibility for the transactions of the client made at the web-pages having no secure payment certifications. 5.2.2. The client is authorized to: 5.2.2.1. At any time obtain information on transactions held at the card account and request statements reflecting such transactions. The client is authorized to become familiar with the transactions made at the card accounts in the internet banking and/or address JSC “Pasha Bank Georgia” telephone services center – contact center and/or any branch of the bank to obtain such information. Card transactions statements shall be issued in a form requested by the client in the timelines established by the bank, however no later than 2 (two) banking days after the request of the client has been made. The bank is entitled to establish the commission for issuing the transaction statement made for the card account. 5.2.2.2. Submit a justified claim on transactions performed on the card account consistent with clause 5.4 of the present agreement. 5.2.3. The client acknowledges that: 5.2.3.1. Cards produced by the Bank are equipped with contactless technology; 5.2.3.2. Throughout the territory of Georgia, contactless card transactions without a pin code are permitted to the amount of up to 100 (one hundred) GEL. The Bank does not bear responsibility and does not accept claims from clients for contactless transaction(s) performed with the card account of a client up to 100 GEL throughout Georgia (notwithstanding the number of such transactions performed with the card).

  • Rights and Obligations of Both Parties 7.1 Party A shall have the following rights and obligations: § to draw down and use the Loan according to this Contract; § if Party A repays the Loan before maturity date, it shall obtain prior written consent from Party B and shall compensate Party B against the losses for expected income and relevant expenses; § to bear all expenses incurred under this Contract; § it shall notify Party B at least 30 days in advance of any activities that would have a negative impact upon Party B’s ability to realize its rights such as joint operation, merger, restructuring, sale of material asset, etc. and obtain Party B’s written consent, otherwise, Party A is not allowed to carry out the afore mentioned activity before repayment of the Loan; § to notify Party B of any changes like location, contact address, business scope, legal representative and other commercial register items within 7 days after these changes; § it shall notify Party B immediately the occurrence of any event that will affect its normal operation or solvency under this contract, such as (but not restrain to) severe economic dispute, bankruptcy, financial deterioration etc; § In case of it winding up, dissolution, suspension of operation, revoke of business license, Party A should notify Party B of such events within 5 days after their occurrence and undertake to repay the principal and interest immediately. § Others as agreed. 7.2 Party B shall have the following rights and obligations: § to require Party A to provide all materials related to the Loan; § to deduct the principal, interest, compound interest, penalty interest and other due expenses relating to the Loan under this Contract directly from Party B’s account in accordance with the provisions of this Contract or relevant law; § in case of Party A’s evasion of Party B’s monitoring, default in payment for due principal or interest and other severe breach of the Contract, Party B is entitled to impose credit penalty against Party A, notify relevant departments or entities of such breach and put up payment demand notice on public media; § to provide loan to Party A in time according to the provisions of the Contract (except for the delays due to Party A’s reason); § to keep confidential of the information and materials provided by Party A..

  • 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 incurred shall be borne by Party A. The equipment newly added or improved by Party B shall be repaired by Party B.

  • Rights and Obligations of Members Section 6.1

  • Rights and Obligations of Party A 0. Xxxxx A has the right to require Party B to keep in confidence relevant financial information and trade secrets relating to production and operation of Party A unless otherwise provided by laws and regulations. 2. Party A shall provide relevant financial information and information relating to production and operation as required by Party B and shall be responsible for the authenticity, integrity and validity of such information. 3. Party A undertakes that all settlements and deposits relating to the Loan shall be conducted through its accounts opened with Party B or Party B’s relevant branch. 4. Party A shall assist in and accept Party B’s inspection and supervision of its production, operation, financial activities and utilization of the Loan. 5. Party A shall utilize the Loan for the purpose as provided for hereunder. 6. Party A shall punctually repay the principal and interest in accordance with this Contract. 7. Party A or its investors shall not transfer any funds or assets in order to evade the indebtedness owed to Party B. 8. Party A shall give Party B a prior written notice for Party B’s consent if Party A intends to provide security for any third party during the term of this Contract and such security may affect Party A’s ability to make repayment under this Contract. 9. Party A shall promptly arrange for new security(ies) satisfactory to Party B where the Guarantor in respect of this Contract ceases or suspends production; its corporate registration is canceled, or business license revoked; it is bankrupt or dissolved; it is operating at a loss; or any other negative change has occurred, and such aforementioned incidents result in loss or partial loss of the Guarantor’s ability to secure the Loan, or where the mortgaged or pledged property(ies) for securing the Loan depreciate(s) or is (are) damaged or destroyed. 10. Party A shall promptly inform Party B of any relevant changes during the term of this Contract, including without limitation its business name, legal representative (or chief officer), registered office, business purpose or registered capital. 11. Where Party A intends to carry out activity(ies) during the term of this Contract which may have an impact on the realization of Party B’s rights hereunder, Party A shall give Party B a [30] banking days prior written notice for its consent to such intended activity(ies) and shall further take sufficient measures to safeguard the repayment of the indebtedness under this Contract and arrange for security in accordance with Party B’s instructions. The aforementioned activities shall include without limitation contracting, leasing, transformation to a stock company, forming an economic association with another enterprise, consolidation, merger, division, setting up a joint venture, application for suspension of production or for winding up or for bankruptcy. 12. Party A shall promptly inform Party B in writing, take sufficient measures to safeguard the repayment of the indebtedness under this Contract and arrange for security(ies) in accordance with Party B’s instructions if there has occurred to Party A incident(s) during the term of this Contract that may have substantially negative effects on Party B’s performance of its obligations hereunder. The aforementioned incidents shall include without limitation the following: Party A ceases or suspends production; its corporate registration is canceled, or business license revoked; its legal representative or high-ranking officers are involved in illegal activities; it is involved in litigation with a major impact; great difficulties arise in respect to its production or operation; or its financial standing deteriorates. 13. Party A shall bear all fees and expenses in connection with this Contract and the security(ies) for this Contract including without limitation fees and expenses in respect to legal services, insurance, evaluation, registration, storage, authentication and notarization.

  • Rights and Obligations of Each Fund The rights and obligations set forth in this Agreement with respect to each repurchase transaction shall accrue only to the Participating Funds in accordance with their respective interests therein. No other Fund shall receive any rights or have any liabilities arising from any action or inaction of any Participating Fund under this Agreement with respect to such repurchase transaction.

  • Rights and Obligations of the Limited Partners 8.1 Management of the Partnership. The Limited Partners shall not participate in the management or control of Partnership business nor shall they transact any business for the Partnership, nor shall they have the power to sign for or bind the Partnership, such powers being vested solely and exclusively in the General Partner.

  • Parties' Rights and Obligations If during the Term there is any Condemnation of all or any part of the Leased Property or any interest in this Lease, the rights and obligations of Lessor and Lessee shall be determined by this Article 15.

  • Rights and Obligations of Limited Partners Section 8.1 Limitation of Liability 27 Section 8.2 Management of Business 27 Section 8.3 Outside Activities 27 Section 8.4 Return of Capital 27 Section 8.5 Rights of Limited Partners Relating to the Partnership 27

  • Additional Rights and Obligations The author(s) (and their employers as applicable), hereby authorise the Publishers to take such steps as they consider necessary at their own expense in the copyright owner’s name and on their behalf, if they believe that a third party is infringing or is likely to infringe copyright or the rights granted to the Publishers herein in the Contribution without further recourse to the copyright owner(s). The Corresponding Author acknowledges that all versions of the Contribution, and any associated reviews and responses to those reviews, may be published if the Contribution is accepted for publication. The Publishers expressly agree to place the final published post-production Contribution for display on PMC (including their international mirror sites) promptly after publication without extra charge for this deposit to the authors or their employers (provided PMC does not charge the Publishers), which will include any Publisher supplied amendments or retractions. The author(s) acknowledge and accept that BMJ may make additional changes to the Contribution as considered necessary in accordance with standard editorial processes whether before or after publication. The Corresponding Author will usually see proofs for their Contribution and every effort will be made to consult with the Corresponding Author if substantial alterations are made. BMJ may also retract or publish a correction or other notice when it considers this appropriate for legal or editorial reasons and this shall be at its absolute discretion which shall be exercised reasonably.

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