Rights and Responsibilities of Party A Sample Clauses

Rights and Responsibilities of Party A. 6.1 Party A have the right to use the credit limit under this contract 6.2 Party A have the authority to require Party B to keep the manufacture, operation and property confidentially. 6.3 party A should provide the wanted documents, opening bank, account ant the balance conditions of deposits and loans required by party B. 6.4 Party A should accept the supervision of Party on the relevant financing practice that may affect debts. 6.5 Party A should use the specific sheet credit business and off sheet credit business under the contract. 6.6 Party A should pay the debt back of sheet credit business and off sheet credit business or other promises under the contract. 6.7 Party A should notice party B immediately after these events occur and make sure the relevant fees can be paid back successfully with party B: 1. Significant financial loss, losses of assets and other financial crisis 2. Providing guarantee to the third party who lead to the adverse effects on the mortgage’s finance and the mortgage’s capacity to carry out obligations. 3. Emerges, discretion, reorganizations, jointing of other ventures, proper / stock transfer, joint –stock reform. Closure of the company or apply for bankruptcy or the like situation occur

Rights and Responsibilities of Party A. 8.1.1 Party A should withdraw and use the loan in time and channel agreed in this Contract. 8.1.2 If Party A honors repayment before agreed time, Party A should get approval of Party B and compensate Party B for loss of expected yield and other expenses. 8.1.3 Party A should be responsible for trustfulness, accuracy and completeness of files handed over during the process of loan inspection. 8.1.4 Party A should voluntarily accept investigation, learning and supervision of Party B. 8.1.5 Party A should be cooperative in investigation, learning and supervision of Party B in operating, managing and financial conditions of the company and be responsible in offering files like Income Statement and Balance Sheet of relevant periods. 8.1.6 Party A should pay off principal and interest under this Contract as agreed. 8.1.7 Party A should cover relevant expenses under this Contract, including but not limited to expenses of notarization, appraisal, evaluation, registration, etc. 8.1.8 Party A should send back Demand Letter or Demand Files posted or delivered in other ways by Party B within 3 days after receiving. 8.1.9 Actions, like contract, lease, transformation of shareholding system, joint operation, consolidation, merger, joint venture, separation, capital reduction, stock transfer, transfer of business and others fully influential on realization of creditor’s right of Party B, should be informed to Party B at least 30 days ahead of time and should be approved by Party B in written files, or else actions above should not be implemented before the debt is paid off. 8.1.10 Modifications of Industrial and commercial registration items, like company location, mail address, scope of business, legal representatives, etc., should be informed to Party B in written form within 7 days after certain modification is implemented. 8.1.11 Any incidents, harmful to daily operations of the company but not to repayment of the loan under this Contract, including but not limited to incidents concerning significant economic disputes, bankruptcy, deterioration of financial conditions, etc., should be immediately informed to Party B in written form. 8.1.12 Close of business, business dissolution, suspending of business, revoking or cancelling of business license, etc., should be informed to Party B within 5 days right after the said incidents happen in written form, and balance of principal the interest should be paid off immediately.

Rights and Responsibilities of Party A. 1. Party A has the right to use Party B’s name and trademark while publicizing about the cooperation program; 2. Party A is responsible to issue legal receipts or invoices to students; 3. Party A is responsible for all remuneration of teachers, according to the national tax policy implementation; 4. Party A is responsible for teaching and qualify supervision for all non-AHLA-EI courses; 5. Party A is responsible to provide English courses to all students; 6. Party A and Party B jointly carry out publicity and promotion of courses under the cooperation program; 7. Party A is responsible to grant qualified graduates University of Zhejiang continuing studies certificate; 8. Take responsibility of providing student housing and cafeteria (extra charge); 9. Party A cannot use the name and trademark of Party B on the professional education courses irrelative to the program, either do so in the name of Party B; if has violated, undertakes the proper responsibility and the economic loss. 3. Rights and Responsibilities of Party B: a) Party B shall be entitled by Party A to use Party A’s name and trademarks when promoting the cooperative programs; b) Party A is responsible for 12 AHLA-EI courses teaching and quality supervision; c) Under law or the agreement, Party B should introduce the updated education products and programs of AHLA-EI in time, as well as providing them in time if necessary and taking responsibility on all the fees occurs; d) Party B is responsible for providing AHLA-EI examination papers and “Examination Rules” with the global standard, and holding the rights of examination decision-making and supervision, as well as issuing relevant certificates to qualified students; e) Party A and Party B jointly carry out publicity and promotion of courses under the cooperation program. f) Party B sign up job placement contract with students directly, take responsibility of employment counseling and student employment. If Party B cannot provide any job opportunities to students, should pay financial compensation to student; g) For students who are willing to study abroad, Part B has to ensure the credits received from study in China will be transferable and provide admission letter to students; h) Party B cannot use the name and trademark of Party A on the professional education courses irrelative to the program; if has violated, undertakes the proper responsibility and the economic loss.

Rights and Responsibilities of Party A. 1. Party A authorizes Party B to act as the agent for admission, university application and visa services for German Language Study Abroad Program; Party A shall not seek to enter into cooperation agreements with other institutions on similar German study abroad program that is signed with Party B during the validity period of the Agreement. 2. Party B shall be entitled to supervise and guide Party B’s admission, university application and visa service process; and be entitled to review all public admission information released by Party B. 3. Party B shall be entitled to finally decide the admission of students recruited by Party B, and obligated to issue a Acceptance Letter to any student who meets the admission requirements, and whom recruited by Party B. 4. Party A shall be obliged to pay Party B the commission for admission service, university application fees and visa services fees in accordance with the provisions of the Agreement. 5. The teaching plan for which Party A is responsible is limited to course design and teaching hours. Other objective reasons, such as whether the teaching objectives can meet the standards for studying abroad, the scores obtained by the students in the academic tests organized by a third party, the students’ knowledge base and learning attitude, etc., can not be completely controlled by Party A, for which Party A shall not bear any responsibility or loss caused to Party B or all the students in the program. 6. Party A shall be obliged to provide students with the necessary documents such as Certificate of Full Time Student and transcripts, etc. to support their successful application to universities abroad. However, as a teaching unit, Party A does not and will not revise any marks on transcripts nor issue false transcripts.

Rights and Responsibilities of Party A. A) For the market development and the interest of both parties, party A should keep the consistency of the retail price. Before the price changing, Party A should inform party B in written form or discuss with party B. B) Party A should provide party B customer service. Party A should provide training to party B’s subscribers (at least once a semester) on education methods and skills of this system. C) Party A has the right to retail the product in party B’s distribution area. D) Party A promises that no other distributors will be developed for this product in party B’s distribution area. If other distributors are found selling the same product in party B’s distribution area, party A should stop providing the products and let the buyer know that party B is the distributor in this area.

Rights and Responsibilities of Party A. To promptly repair in time all the damage in the renting car as requested by Party B or when it is out of order (except the damage caused by Party B). If the car for any reason is not capable of being used to the purpose of this contract, Party A can replace the car by offering another car of similar standard to Party B at no additional cost.

Rights and Responsibilities of Party A. 6.1 Party A have the right to use the credit limit under this contract 6.2 Party A have the authority to require Party B to keep the manufacture, operation and property confidentially. 6.3 party A should provide the wanted documents, opening bank, account ant the balance conditions of deposits and loans required by party B. 6.4 Party A should accept the supervision of Party on the relevant financing practice that may affect debts.

Rights and Responsibilities of Party A. Party A will take the following responsibilities: 1) Transfer all students from the existing Automotive, Hotel Management and Accounting Computerization programs to the cooperation program; 2) Take responsibility of the teaching of Party A’s courses, daily teaching management and student management; 3) Provide offices, classrooms, student housing, cafeteria and supporting facilities necessary for the cooperation program; 4) Take responsibility of recruiting and marketing promotion; 5) Take responsibility of granting qualified graduates corresponding degree certificates; 6) Have rights to claim reasonable return based on the income of this cooperation program.

Rights and Responsibilities of Party A. 3.1 Responsible for processing all the legal procedures for the establishment of the FuJian Provincial Networked Senior Secondary School. 3.2 Promises to allow Party B to be the only cooperation partner in the FuJian Provincial Networked Senior Secondary School project. 3.3 Responsible for seeking the rights of transmitting educational resources through the cable TV network. 3.4 Party A has to right to request Party B not to disclose the contents of this Agreement to any third party. 3.5 Party A has the right to request Party B to provide high-quality Distance Learning services to the FuJian Provincial Senior Secondary School.

Rights and Responsibilities of Party A. 4.1.1 Responsible for establishing risk management policies, including but not limited to credit policy, review and approval criteria and post-lending management strategies. 4.1.2 Responsible for reviewing Party B’s management procedures and operation process related to businesses under this cooperation agreement. 4.1.3 Responsible for loan approval, including but not limited to fraud risk screening, grant of credit judgment and loan purpose reviewing. 4.1.4 Responsible for identifying partner financial institutions and disbursing loans to clients that are qualified for credit and meet the conditions for disbursement, but excluding the failure of Party A or its partner financial institutions to disburse loans due to reasons such as law and regulations, regulatory policies, risk policy, credit threshold, system failure and client abandoning. 4.1.5 Responsible for managing loans, including but not limited to post-lending monitoring and asset recovery. 4.1.6 Responsible for reporting loan credit reference data to the Credit Reference Center of the People’s Bank of China as required.