Obligations of Both Parties Sample Clauses
The "Obligations of Both Parties" clause defines the specific duties and responsibilities that each party must fulfill under the agreement. Typically, this section outlines what actions or services each party is required to perform, such as delivering goods, making payments, providing information, or maintaining confidentiality. By clearly delineating these mutual obligations, the clause ensures that both parties understand their roles and helps prevent misunderstandings or disputes regarding expectations during the contract's term.
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Obligations of Both Parties. 5.1 Party B should make sure pay Party A at agreed price and date according to this agreement as well as legal resource of the fund.
5.2 Party A transfer operation right, deliver assets, inventory and staff to Party B at agreed price and date according to this agreement.
Obligations of Both Parties. 2.3.1 The Parties shall cooperate in performing activities required to port Customer telephone number(s). The primary responsibility for the coordination of such activities will be assumed by the Party acquiring the End User Customer (porting in the Customer telephone number(s)).
2.3.2 Either Party may request a Customer Service Record (CSR) prior to placing a porting order. Where requested and available, the Parties will make commercially reasonable efforts to return CSRs within 24 hours, excluding weekends and holidays.
2.3.3 When a ported telephone number becomes vacant, e.g., the telephone number is no longer in service by the original End User, the ported telephone number will be released back to the carrier owning the switch in which the telephone number’s NXX is native after appropriate time has elapsed for intercept notification.
2.3.4 Each Party has the right to block default routed calls from entering a network in order to protect the public switched network from overload, congestion, or failure propagation.
2.3.5 NANC Inter-Service Provider LNP Operations Flows approved and adopted by the FCC shall be followed regarding all aspects of porting numbers from one network to another.
2.3.6 Intercompany testing shall be performed upon request prior to the submission of actual porting orders.
2.3.7 Each Party will designate a single point of contact (SPOC) to schedule and perform required testing. These tests will be performed during a mutually agreed time frame.
2.3.8 Each Party shall become responsible for the End User’s other telecommunications related items, e.g. E911, Directory Listings, Operator Services, Line Information Database (LIDB), when they port the End User’s telephone number to their switch.
2.3.9 The Parties will provide a 10-digit trigger on all LNP orders, where technically feasible, unless a coordinated conversion of numbers is requested on the LNP order.
Obligations of Both Parties. Obligations of Party A:
1. Party A undertakes that the products that it provides have been authorized by the General Administration of Quality Supervision, Inspection and Quarantine of the PRC.
2. In order to enhance Party B’s reputation, Party A hereby authorizes Party B to use the Ninetowns trade name in its company name, provided, however, that Party B shall not use such trade name to engage in business activities that are not related to the business as contemplated hereunder.
3. Party A undertakes that during the term of this agreement, it will obtain Party B’s prior consent before developing other franchisees within the franchised area.
4. Party A shall provide Party B with marketing and training materials in connection with the franchised products.
5. Party A shall provide Party B with technical support services.
6. Upgrade services. Obligations of Party B:
1. Party B is responsible for distribution of Party A’s products, after-sale services and technical support in the franchised area.
2. Party B undertakes that it will comply with relevant state and industrial laws and regulations through its sales activities.
3. Party B undertakes that it will not be any third party’s franchisee for any other product that competes with Party A’s products in the franchised area during the term of this agreement.
4. Party B undertakes that the products that it sells are the official versions of Party A’s products, and Party B undertakes that it will not engage in any form of counterfeit activities.
5. Party B undertakes that it will provide users with after-sales service and technical support in accordance with Party A’s service standards and service contents.
6. Party B undertakes that it will make payments to Party A within the prescribed time limit.
7. Party B undertakes that the sales data delivered by Party B to Party A monthly, i.e. the monthly sales report, will be true and accurate.
Obligations of Both Parties. Obligations of Party A:
1. Party A undertakes that the products that it provides have been authorized by the General Administration of Quality Supervision, Inspection and Quarantine of the PRC.
2. In order to enhance Party B’s reputation, Party A hereby authorizes Party B to use the Ninetowns trade name in its company name, provided, however, that Party B shall not use such trade name to engage in business activities that are not related to the business as contemplated hereunder.
3. Party A undertakes that during the term of this agreement, it will obtain Party B’s prior consent before developing other franchisees within the franchised area.
4. Party A shall provide Party B with marketing and training materials in connection with the franchised products.
5. Party A shall provide Party B with technical support services.
6. Upgrade services. Obligations of Party B:
1. Party B is responsible for distribution of Party A’s products, after-sale services and technical support in the franchised area.
2. Party B undertakes that it will provide users with after-sales service and technical support in accordance with Party A’s service standards and service contents.
3. Party B undertakes that the sales data delivered by Party B to Party A monthly, i.e. the monthly sales report, will be true and accurate.
Obligations of Both Parties. 4.1 When a ported telephone number becomes vacant, e.g., the telephone number is no longer in service by the original End User; the ported telephone number will be released back to the Local Service Provider owning the switch in which the telephone number’s NXX is native.
4.2 Either Party may block default routed calls from entering the public switched network when necessary to prevent network overload, congestion, or failure.
4.3 The Parties will conform to industry guidelines referenced herein in preparing their networks for SPNP and in porting numbers from one network to another.
4.4 The Parties will perform all standard SPNP certification and intra-company testing prior to scheduling intercompany testing between the Parties’ interconnected networks.
4.5 Each Party will designate a single point of contact (SPOC) to schedule and perform required test. These tests will be performed during a mutually agreed time frame and must conform to industry portability testing and implementation criteria in force in the NPAC region.
Obligations of Both Parties. The Seller and the Buyer agree that subsequent to the date hereof and prior to the Closing Date:
Obligations of Both Parties. Obligations of Party A:
1. Party A guarantees that the products that it provides have undergone the administrative authorization of the PRC Inspections Administration.
2. In consideration of the fact that the poorer degree of acceptance of Party B by import/export enterprise customers in Hua Dong Region in the initial period of Party B's agency business is adverse to the start of the work, and in order to increase Party B's reputation, Party A consents to Party B's use CONFIDENTIAL TREATMENT HAS BEEN REQUESTED AND CONFIDENTIAL TERMS HAVE BEEN OMITTED of the Ninetowns business name, but Party B promises not to use the said business name to engage in business activities that are unrelated to the import/export business.
3. Party A guarantees that during the effective period of this agreement, it will obtain Party B's prior consent before developing other agencies within the franchise region.
4. Party A is responsible for providing qualified products promptly in accordance with Party B's ordering program.
5. Party A is responsible for applying for [electronic supervision /] inspection and quarantine electronic service platform communication account numbers for users developed by Party B.
6. Party A is responsible for providing all product-related marketing and training materials.
7. Party A is responsible for providing the corresponding product and technical training to Party B.
8. Telephone technical support service. Obligations of Party B:
9. Party B is responsible for work such as sales, service, and technical support of Party A's products in Hua Dong Region.
10. Party B guarantees that it will observe the relevant state laws and regulations and those relevant to the industry in the process of product sales.
11. Party B guarantees that it will not be the franchisee for any other products that have a competitive relationship with Party A in Hua Dong Region during the effective period of this agreement.
12. Party B guarantees that the products that it sells are the official versions of Party A's products, and Party B guarantees that it will not engage in any form of pirating activities.
13. Party B guarantees that it will provide users with after-sales service and technical support in accordance with Party A's service standards and service contents.
14. Party B guarantees that it will make the product payments to Party A within prescribed time limit.
Obligations of Both Parties. According to this Agreement, both Parties are obliged to:
(a) act, for the duration of the Term of this Agreement, in accordance to the Applicable Law;
(b) hold all of the licences, permits and certificates required to engage in this Agreement; and
(c) share and use information only and to the extent necessary for the performance of the services and obligations provided herein, and refrain from sharing any commercially sensitive information, including but not limited to price costs, strategic or marketing plans, pipeline products or research and development plans, or from taking any action that violates (or could be deemed to violate) competition laws.
Obligations of Both Parties. 2.3.1 The Parties shall cooperate in performing activities required to port Customer telephone number(s). The primary responsibility for the coordination of such activities will be assumed by the Party acquiring the End User Customer (porting in the Customer telephone number(s)).
Obligations of Both Parties. 2.5.1 When a ported telephone number becomes vacant, e.g., the telephone number is no longer in service by the original end user, the ported telephone number will be released back to the telecommunications carrier owning the switch in which the telephone number’s NXX is native.