Common use of Service Providing Methodology Clause in Contracts

Service Providing Methodology. 1.5.1 Party A and Party B agree that, within the term of this Agreement, Party B may, where necessary, enter into further service agreements with Party A or any other party designated by Party A (as applicable), which shall set out the specific contents, manner, personnel and fees for the various services. 1.5.2 In order to ensure Party B meets the cash-flow requirements in its ordinary business course and/or to set off any losses that may arise from its operations, Party A shall, if required by the actual condition, provide Party B with the financial support (but only to the extent and in the manner permitted under the PRC law), and Party A agrees not to claim for the same against Party B. Party A may offer financial support to Party B by means of bank entrusted loan or other appropriate methods, and enter into necessary agreements separately. 1.5.3 In order to perform this Agreement, Party A and Party B agree that Party B will, where necessary, enter into equipment or property leases with Party A or any other party designated by Party A at any time during the term of this Agreement in accordance with the needs of the business progress, so that Party A will provide relevant equipment and assets to Party B for use 1.5.4 Party B hereby grants to Party A an irrevocable and exclusive option to purchase from Party B, at Party A’s sole discretion, any or all of the assets of Party B, to the extent permitted under the PRC laws and regulations, at the lowest purchase price permitted by the PRC laws, regulations and relevant rules. In this case, the Parties shall enter into a separate assets transfer agreement, specifying the terms and conditions of the transfer of the assets.

Appears in 5 contracts

Samples: Exclusive Business Cooperation Agreement (Sentage Holdings Inc.), Exclusive Business Cooperation Agreement (Sentage Holdings Inc.), Exclusive Business Cooperation Agreement (Sentage Holdings Inc.)

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Service Providing Methodology. 1.5.1 1.3.1 Party A and Party B agree that, within that during the term of this Agreement, Party B may, where necessary, Party B may enter into further service agreements with Party A or any other party designated by Party A (as applicable)A, which shall set out provide the specific contents, manner, personnel personnel, and fees for the various specific services. 1.5.2 In order to ensure Party B meets the cash-flow requirements in its ordinary business course and/or to set off any losses that may arise from its operations, Party A shall, if required by the actual condition, provide Party B with the financial support (but only to the extent and in the manner permitted under the PRC law), and Party A agrees not to claim for the same against Party B. Party A may offer financial support to Party B by means of bank entrusted loan or other appropriate methods, and enter into necessary agreements separately. 1.5.3 In order to perform 1.3.2 To fulfill this Agreement, Party A and Party B agree that Party B willduring the term of this Agreement, where necessary, Party B may enter into equipment or property leases with Party A or any other party designated by Party A at any time during the term of this Agreement in accordance with which shall permit Party B to use Party A’s relevant equipment or property based on the needs of the business progress, so that of Party A will provide relevant equipment and assets to Party B for useB. 1.5.4 1.3.3 Party B hereby grants to Party A an irrevocable and exclusive option to purchase from Party B, at Party A’s sole discretion, any or all of the assets and business of Party B, to the extent permitted under the PRC laws and regulationslaw, at the lowest purchase price permitted by the PRC laws, regulations and relevant ruleslaw. In this case, the The Parties shall then enter into a separate assets or business transfer agreement, specifying the terms and conditions of the transfer of the assets. To the extent permitted under applicable PRC laws, Party B shall donate the balance of the purchase price received from Party A, after deducting/ withholding the relevant taxes (if any) pursuant to applicable laws, to Party A or the designee(s) of Party A for free within ten (10) days after Party B receives the purchase price and pays/ withholds the relevant taxes (if any).

Appears in 4 contracts

Samples: Exclusive Business Cooperation Agreement (KE Holdings Inc.), Exclusive Business Cooperation Agreement (KE Holdings Inc.), Exclusive Business Cooperation Agreement (China Online Education Group)

Service Providing Methodology. 1.5.1 1.3.1 Party A and Party B agree that, within that during the term of this Agreement, Party B may, where necessary, Party B may enter into further service agreements with Party A or any other party designated by Party A (as applicable)A, which shall set out provide the specific contents, manner, personnel personnel, and fees for the various specific services. 1.5.2 In order to ensure Party B meets the cash-flow requirements in its ordinary business course and/or to set off any losses that may arise from its operations, Party A shall, if required by the actual condition, provide Party B with the financial support (but only to the extent and in the manner permitted under the PRC law), and Party A agrees not to claim for the same against Party B. Party A may offer financial support to Party B by means of bank entrusted loan or other appropriate methods, and enter into necessary agreements separately. 1.5.3 In order to perform 1.3.2 To fulfill this Agreement, Party A and Party B agree that Party B willduring the term of this Agreement, where necessary, Party B may enter into equipment or property leases with Party A or any other party designated by Party A at any time during the term of this Agreement in accordance with which shall permit Party B to use Party A’s relevant equipment or property based on the needs of the business progress, so that of Party A will provide relevant equipment and assets to Party B for useB. 1.5.4 1.3.3 Party B hereby grants to Party A an irrevocable and exclusive option to purchase from Party B, Shanghai Youche Youjia Financial Leasing Co., Ltd. and/or any other subsidiary controlled by Party B (collectively, “Granting Entities”, each a “Granting Entity”), at Party A’s sole discretion, any or all of the assets and business of Party Bany of such Granting Entities, to the extent permitted under the PRC laws and regulationsof China, at the lowest purchase price permitted by the PRC lawslaws of China. For the purpose of this section, regulations Party B shall procure each Granting Entity (other than Party B) to acknowledge and accept the provisions in this section and to agree to grant Party A the option in accordance with this section. Where Party A exercises the option, Party A and the relevant rules. In this case, the Parties Granting Entity shall then enter into a separate assets or business transfer agreement, specifying the terms and conditions of the transfer of the assets, provided that the purchase price shall conform with provisions hereunder.

Appears in 2 contracts

Samples: Exclusive Business Cooperation Agreement (Cango Inc.), Exclusive Business Cooperation Agreement (Cango Inc.)

Service Providing Methodology. 1.5.1 1.3.1 Party A and Party B agree that, within that during the term of this Agreement, Party B may, where necessary, Party B may enter into further service agreements with Party A or any other party designated by Party A (as applicable)A, which shall set out provide the specific contents, manner, personnel personnel, and fees for the various specific services. 1.5.2 In order to ensure Party B meets the cash-flow requirements in its ordinary business course and/or to set off any losses that may arise from its operations, Party A shall, if required by the actual condition, provide Party B with the financial support (but only to the extent and in the manner permitted under the PRC law), and Party A agrees not to claim for the same against Party B. Party A may offer financial support to Party B by means of bank entrusted loan or other appropriate methods, and enter into necessary agreements separately. 1.5.3 In order to perform 1.3.2 To fulfill this Agreement, Party A and Party B agree that Party B willduring the term of this Agreement, where necessary, Party B may enter into equipment or property leases with Party A or any other party designated by Party A at any time during the term of this Agreement in accordance with which shall permit Party B to use Party A's relevant equipment or property based on the needs of the business progress, so that of Party A will provide relevant equipment and assets to Party B for useB. 1.5.4 1.3.3 Party B hereby grants to Party A an irrevocable and exclusive option to purchase from Party B, at Party A’s sole discretion, any or all of the assets and business of Party B, to the extent permitted under the PRC laws and regulationslaw, at the lowest purchase price permitted by the PRC laws, regulations and relevant ruleslaw. In this case, the The Parties shall then enter into a separate assets or business transfer agreement, specifying the terms and conditions of the transfer of the assets. To the extent permitted under applicable PRC laws, Party B shall donate the balance of the purchase price received from Party A, after deducting/ withholding the relevant taxes (if any) pursuant to applicable laws, to Party A or the designee(s) of Party A for free within ten (10) days after Party B receives the purchase price and pays/ withholds the relevant taxes (if any).

Appears in 1 contract

Samples: Exclusive Business Cooperation Agreement (Bitauto Holdings LTD)

Service Providing Methodology. 1.5.1 1.3.1 Party A and Party B agree that, within that during the term of this Agreement, Party B may, where necessary, Party B may enter into further service agreements with Party A or any other party designated by Party A (as applicable)A, which shall set out provide the specific contents, manner, personnel personnel, and fees for the various specific services. 1.5.2 In order to ensure Party B meets the cash-flow requirements in its ordinary business course and/or to set off any losses that may arise from its operations, Party A shall, if required by the actual condition, provide Party B with the financial support (but only to the extent and in the manner permitted under the PRC law), and Party A agrees not to claim for the same against Party B. Party A may offer financial support to Party B by means of bank entrusted loan or other appropriate methods, and enter into necessary agreements separately. 1.5.3 In order to perform 1.3.2 To fulfill this Agreement, Party A and Party B agree that Party B willduring the term of this Agreement, where necessary, Party B may enter into equipment or property leases with Party A or any other party designated by Party A at any time during the term of this Agreement in accordance with which shall permit Party B to use Party A’s relevant equipment or property based on the needs of the business progress, so that of Party A will provide relevant equipment and assets to Party B for useB. 1.5.4 1.3.3 Party B hereby grants to Party A an irrevocable and exclusive option to purchase from Party BB and/or any subsidiary controlled by Party B (collectively, “Granting Entities”, each a “Granting Entity”), at Party A’s sole discretion, any or all of the assets and business of Party Bany of such Granting Entities, to the extent permitted under the PRC laws and regulationsof China, at the lowest purchase price permitted by the PRC lawslaws of China. For the purpose of this section, regulations Party B shall procure each Granting Entity (other than Party B) to acknowledge and accept the provisions in this section and to agree to grant Party A the option in accordance with this section. Where Party A exercises the option, Party A and the relevant rules. In this case, the Parties Granting Entity shall then enter into a separate assets or business transfer agreement, specifying the terms and conditions of the transfer of the assets, provided that the purchase price shall conform with provisions hereunder.

Appears in 1 contract

Samples: Exclusive Business Cooperation Agreement (Cango Inc.)

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Service Providing Methodology. 1.5.1 1.3.1 Party A and Party B mutually agree that, within that during the term of this Agreement, Party B may, where necessary, Party B may further enter into further any service agreements with Party A or any other party designated by Party A (as applicable)A, which shall set out the provide for specific contentscontent, manner, personnel personnel, and fees for the various specific services. 1.5.2 In order to ensure Party B meets the cash-flow requirements in its ordinary business course and/or to set off any losses that may arise from its operations, Party A shall, if required by the actual condition, provide Party B with the financial support (but only to the extent and in the manner permitted under the PRC law), and Party A agrees not to claim for the same against Party B. Party A may offer financial support to Party B by means of bank entrusted loan or other appropriate methods, and enter into necessary agreements separately. 1.5.3 In order to perform 1.3.2 To fulfill this Agreement, Party A and Party B mutually agree that Party B willduring the term of this Agreement, where necessary, Party B may enter into equipment or property leases with Party A or any other party designated by Party A at any time during the term of this Agreement in accordance with which shall permit Party B to use Party A’s relevant equipment or property based on the needs of the business progress, so that of Party A will provide relevant equipment and assets to Party B for useB. 1.5.4 1.3.3 Party B hereby grants to Party A an irrevocable and exclusive option to purchase from Party B, at Party A’s sole discretion, any or all of the assets and business of Party B, to the extent permitted under the PRC laws and regulationslaw, at the lowest purchase price permitted by the PRC laws, regulations and relevant ruleslaw. In this case, the The Parties shall then enter into a separate assets or business transfer agreement, specifying the terms and conditions of the transfer of such assets or business. To the assetsextent permitted under applicable PRC laws, Party B shall donate the balance of the purchase price received from Party A, after deducting/withholding the relevant taxes (if any) pursuant to applicable laws, to Party A or the designee(s) of Party A for free within ten (10) days after Party B receives the purchase price and pays/withholds the relevant taxes (if any).

Appears in 1 contract

Samples: Exclusive Business Cooperation Agreement (ICZOOM Group Inc.)

Service Providing Methodology. 1.5.1 1.3.1 Party A and Party B agree that, within that during the term of this Agreement, Party B may, where necessary, Party B may enter into further service agreements with Party A or any other party designated by Party A (as applicable)A, which shall set out provide the specific contents, manner, personnel personnel, and fees for the various specific services. 1.5.2 In order to ensure Party B meets the cash-flow requirements in its ordinary business course and/or to set off any losses that may arise from its operations, Party A shall, if required by the actual condition, provide Party B with the financial support (but only to the extent and in the manner permitted under the PRC law), and Party A agrees not to claim for the same against Party B. Party A may offer financial support to Party B by means of bank entrusted loan or other appropriate methods, and enter into necessary agreements separately. 1.5.3 In order to perform 1.3.2 To fulfill this Agreement, Party A and Party B agree that Party B willduring the term of this Agreement, where necessary, Party B may enter into equipment or property leases with Party A or any other party designated by Party A at any time during the term of this Agreement in accordance with which shall permit Party B to use Party A's relevant equipment or property based on the needs of the business progress, so that of Party A will provide relevant equipment and assets to Party B for useB. 1.5.4 1.3.3 Party B hereby grants to Party A an irrevocable and exclusive option to purchase from Party BB or any subsidiary controlled by Party B (collectively, Granting Entities, each a Granting Entity), at Party A’s As sole discretion, any or all of the assets and business of Party Bany of such Granting Entities, to the extent permitted under the PRC laws and regulationsof China, at the lowest purchase price permitted by the PRC lawslaws of China. For the purpose of this section, regulations Party B shall procure each Granting Entity (other than Party B) to acknowledge and accept the provisions in this section and to agree to grant Party A the option in accordance with this section. Where Party A exercises the option, Party A and the relevant rules. In this case, the Parties Granting Entity shall then enter into a separate assets or business transfer agreement, specifying the terms and conditions of the transfer of the assets, provided that the purchase price shall conform with provisions hereunder.

Appears in 1 contract

Samples: Exclusive Business Cooperation Agreement (FLJ Group LTD)

Service Providing Methodology. 1.5.1 Party A and Party B agree that, within that during the term of this Agreement, as the case may be, Party B may, where necessary, may enter into further service agreements with Party A or any other party designated by Party A (as applicable)A, which shall set out the to reach agreement on specific contents, mannermethods, personnel and fees for the various serviceseach service. 1.5.2 In order to To ensure Party B meets complies with the cash-cash flow requirements in its ordinary business course operations and/or to set off offset any losses that may arise from its loss incurred during such operations, Party A shall, if required by the actual condition, provide Party B with the financial support (but only to the extent and in the manner permitted under by the PRC law)laws of the PRC, and provide financing support to Party A agrees not to claim for B, as the same against Party B. case may be. Party A may offer financial take the form of bank entrusted loans or other proper forms of borrowings to provide financing support to Party B by means of bank entrusted loan or other appropriate methodsB, and shall enter into necessary agreements separately.. ​ 1.5.3 In order to To better perform this Agreement, Party A and Party B agree that during the term of this Agreement, as the case may be, Party B will, where necessary, may enter into lease agreements on equipment or property leases assets with Party A or any other party designated by Party A based on the business needs at any time during the term of this Agreement in accordance with the needs of the business progresstime, so that pursuant to which, Party A will shall provide relevant equipment and or assets to for Party B for B’s use. 1.5.4 Party B hereby grants to Party A an irrevocable and exclusive option option, pursuant to purchase from which, Party BA can, at Party A’s sole discretion, purchase any or all of the assets of and business from Party B, to the extent permitted under the PRC laws and regulations, at the lowest purchase price permitted by the PRC laws, regulations and relevant rules. In this case, the The Parties shall then enter into a separate assets or business transfer agreement, specifying the terms and conditions of the transfer of the assets.

Appears in 1 contract

Samples: Exclusive Business Cooperation Agreement (Futu Holdings LTD)

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