Common use of The Rights and Obligations of Party A Clause in Contracts

The Rights and Obligations of Party A. 6.1 Party A shall have the right to regularly evaluate the operating financial situation of Party B and the guarantor (if any) and the progress of the specific project, and adjust the amount, term and interest rate of the credit line according to the evaluation results. 6.2 Party A shall have the right to require Party B to provide information related to the credit granting line, enter party B's business site by itself or appoint a service agency, investigate, examine and inspect the use of the credit granting and Party B's assets, financial status and operation situation, and have the right to supervise Party B to use the credit granting according to the purposes agreed herein. 6.3 Party A shall keep confidential the materials provided by Party B, except as otherwise stipulated by laws, regulations or regulatory authorities, or otherwise agreed by both parties, or the materials provided by Party B shall not constitute secret information. 6.4 Party a shall have the right to its rights under this contract and based on this contract and its single credit contract for all or part of the creditor's rights, through asset transfer, asset securitization to a third party without party b consent, and party a has the right to choose telephone, SMS, email, WeChat, announcement, financing platform public or financing platform news of debt transfer to notify party b. Party A shall have the right to, when making the debt transfer, provide the interest information, loan and repayment information, the loan and repayment information of Party B and the guarantor (if any) obtained on the basis of the transfer, including the information, borrowing and repayment information to the intermediary for the purpose of due diligence by asset securitization and the transfer.

Appears in 4 contracts

Sources: Comprehensive Credit Line Contract (MED EIBY Holding Co., LTD), Comprehensive Credit Line Contract (MED EIBY Holding Co., LTD), Comprehensive Credit Line Contract (MED EIBY Holding Co., LTD)