Obligations of Party B. 3.1 Party B agrees not to conduct the following business which may materially affect its assets, rights, obligations and operation (except for the sales or purchase of assets, and contracts and agreements entered into during the ordinary course of business of Party B, and the lien imposed by the contracting parties pursuant to the above contracts), without the prior written consent of Party A, including but not limited to:
Obligations of Party B. 4.1 The Services provided by Party A under this Agreement shall be exclusive. During the effective term of this Agreement, without prior written consent of Party A, Party B may not enter into any agreement, orally or written, with any third party or otherwise engage such third party to provide services the same as or similar to those provided by Party A hereunder.
Obligations of Party B. Party A agrees that all obligations, liabilities and expenses of Party B, including, without limitation, any arising out of representations or agreements contained herein, shall be paid from, and limited to, the assets of Party B and that the Eligible Lender Trustee shall not be required to spend or risk its own funds hereunder, nor shall the Trustee incur any liability in its individual capacity.
Obligations of Party B. 1. Party B shall not transfer or sell crude salt field without Party A's consent; otherwise it shall be deemed as breach of contract. In such case, Party A shall have the right to terminate the Contract and hold Party B liable in accordance with relevant provisions.
Obligations of Party B. 7-1 Party B shall pay the deposit, rent and other due payment on time to Party A pursuant to this Contract.
Obligations of Party B. 4.1 notifying Party A in writing on the operation and management monthly, in order for Party A to know the operation of the company on time;
Obligations of Party B. (1) Guarantee and/or prompt its subsidiaries, branches and all other controlled units to enter into specific execution documents with Party A and its subsidiaries, branches or its other controlled units in relation to this Agreement and/or any supplementary agreement of this Agreement (if any);
Obligations of Party B. 1. Abides by the laws and stipulations of the State and Shandong Province, ensures the legal rights and interests of the Party A;
Obligations of Party B. 1. Party B shall accomplish tasks or targets on time, with high quality and agreed quantity and accept assessment performed by Party A;
Obligations of Party B. As of the Trade Date, Party B shall deposit cash collateral with Party A in an amount equal to the product of (A) the Purchase Price (as defined in the Restructuring Proposal) multiplied by (B) Party B’s Consortium Percentage Interest (such product, the “Collateral Amount”).
