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. 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. 1) Party A shall be responsible for Online Sales and promotion of the products of Party B within the Territory. Under the condition that Party B does not breach this Contract, Party A shall not, without any reason, terminate the performance hereof; Party B shall ensure that Party A is the exclusive online regional distributor within the Territory as stipulated herein;
2) Party A shall ensure that the payment for products reaches the account of Party B on a timely basis, and shall actively pay taxes to taxation authorities. Party A shall take all responsibilities for complaints and disputes arising from the sales activities of Party A, as well as improper management of the sales mode of its lower level distributors. Party A shall not request for returning the products;
3) Party A shall, in its cooperation with Party B, strictly abide by the mode of Online Sales as stipulated in Article 2.2 hereof, and shall not engage in sales activities in any other forms (including, but not limited to, the provision of distributors or dealers' IDs to distributive websites for online game cards that are not authorized by Shanghai Shanda Networking Co., Ltd.);
4) Party A shall, in the entixx xxxcess of distribution, strictly abide by the price strategy as designated by Party B, shall not, without the consent of Party B, raise or decrease the sale prices of the products of Party B, not to make use of the advantage of the prices due to exclusive distribution to request its lower level distributors to sell other game products;
5) Party A has the responsibility not to disclose to any third party the discount standard, price standard sales quantity and any other relevant information of the agreement between both parties;
6) Party A shall make use of its promotional channels and other market resources to actively promote this cooperative project, and shall not make use of its distributive rights of this product to require its lower level distributors to publicize, promote and sell other online game products;
7) Party A shall, upon the request of Party B, provide necessary working personnel, and shall ensure that they perform their corresponding duties. Particulars of which shall be implemented in accordance with Appendix 3 attached hereto;
8) To effectively complete the channel coverage of corresponding sales region, Part A must reasonably provide and establish corresponding distributors in the Territory. To accomplish the best coverage, Party B may, under the condition of not af...
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. 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. 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. 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. Party A has responsibility to carry out the necessary procedures to transfer the IPC account to Party B. Party A agrees to release all rights and responsibilities related the IPC account after the IPC account is transferred to Party B’s name. Party A has responsibility to inform Party B about the situation of the transferred IPC account. In the case the IPC account is not approved for transferring, Party A must refund all fees received from Party B (if any).
Rights and Responsibilities of Party A. Party A is responsible for monitoring the system and receiving support from suppliers for Party B 24 hours a day and 7 days a week. Perform the work in accordance with the time and content agreed between the two parties. Party A is responsible for the confidentiality of information and is not allowed to provide any information to third parties without permission from Party B's authorized representative in writing. In case Party A does not comply with the responsibility of information security, Party A will be fully responsible. Party A has to delete confidential information from the system upon receiving Party B's written request. Provide full valid financial invoice to Party B. Ensure the ability to send email marketing to email groups like: @ xxxxx.xxx, @ xxxxx.xxx.xx, @ xxxxx.xxx, @ xxxxxxx.xxx, @ xxxx.xxx, @ xxxxxxx.xxx, @domain. Com (email at the company's website), except for bounced emails, non-existent emails or emails blocked by the email system of the recipient. During the operation, if email marketing software fails to send to one of the email groups above, Party A is responsible for fixing it within 72 hours. In case Party A fails to fix within this time, Party B has the right to terminate the contract and Party A must refund to Party B the cost of the unused amount. Receive the service fee as Article 2 of the Contract.
Rights and Responsibilities of Party A. 6.1 Party A has the right to obtain funds raised under the entrusted matters in accordance with the conditions stipulated in this Agreement.
6.2 Party A shall disclose all the information required by Party B or any professional consultants designated by party B and engaged in the entrusted matters. Party A shall ensure that the information provided by them is true, accurate, complete and timely.
6.3 Party A is independently responsible for the truthfulness, accuracy, completeness and timeliness of the information disclosure while issuing any financing instruments.
6.4 Party A is independently responsible of the payment of all the capital raised and all the investment returns captured include but is not limited to principle, interest, dividends, redemption or other types of investment return promised by party A.
6.5 Party A shall provide Party B with the necessary working conditions for completing the entrusted matters and shall support with Party B's work plan and requirements.
6.6 Party A shall pay the service fee to Party B in full and in time in accordance with this agreement.
