Party A’s Commitment. 1. Party A shall provide Party B with statements and other documents that truly reflect its operating and financial status regularly or at any time upon Party B’s request. Party A promises that the above materials provided are legal, valid, true and complete. 2. During the loan period, any changes in Party A’s business decisions, including but not limited to equity transfer, reorganization, large-scale financing, acquisition and reorganization, asset or debt restructuring, asset disposal, merger, consolidation, division, shareholding system reform, bankruptcy liquidation, joint venture, cooperation, joint venture, contracting, leasing, foreign investment, foreign guarantee, reaching an agreement or arrangement with anyone to share its income or profits, providing any form of funds or financial support to anyone, substantially increasing debt financing, changing business scope and registered capital, changing the company’s articles of association, etc., which may affect Party A’s debt repayment ability, shall be notified to Party B in writing at least thirty working days in advance and obtain Party B’s prior written consent, implement the loan repayment responsibility or repay the loan in advance or provide a guarantee recognized by Party B. 3. Party A promises that Party B has the right to recover the loan in advance based on the recovery of Party A’s funds. 4. Party A shall actively cooperate with Party B in its business operations, loan payment management, and post-loan management, including investigation, understanding, and supervision of the basic situation of the enterprise, loan usage, business management matters, financial and business conditions, settlement transactions, and related transactions through on-site or off-site inspections. All expenses incurred by Party B due to Party A’s non-cooperation shall be borne by Party A. 5. Without Party B’s prior written consent, Party A shall not transfer or transfer the debts under this contract in any way. 6. If Party A transfers, leases, or disposes of all or part of its assets or operating income by setting up guarantees for debts other than debts under this contract, it shall notify Party B in writing at least thirty working days in advance and obtain Party B’s prior written consent. 7. If the following events occur, Party A shall notify Party B in writing and submit relevant materials within three days from the date of occurrence or possible occurrence: (1) Force majeure events or default events related to the loan; (2) Party A, Party A’s actual controller, Party A’s controlling shareholder is involved in litigation, arbitration, criminal prosecution, administrative punishment, suspension of business, closure of business, reorganization, dissolution, bankruptcy application, acceptance of bankruptcy application, bankruptcy declaration, revocation of business license, cancellation, deterioration of financial status, or property is sealed, frozen, seized or supervised according to law; (3) Any major changes such as changes in Party A’s board members and senior management personnel, or inability to perform their duties, or any major cases or economic disputes, or administrative penalties imposed by relevant departments; (4) Any liability accidents caused by violation of relevant laws, regulations, regulatory provisions or industry standards such as food safety, production safety, and environmental protection, which have or may have an adverse impact on its performance of obligations under this Contract. (5) Any violation of this Contract, relevant business contracts or the Articles of Association; (6) Any event that has an adverse impact on the performance of the obligations under this Contract. 8. If the guarantor encounters circumstances including but not limited to suspension of business, cessation of business, filing for bankruptcy, acceptance of bankruptcy application, declaration of bankruptcy, dissolution, revocation of business license, cancellation, and operating losses, and partially or completely loses the corresponding guarantee capacity for this loan, or the value of the collateral, pledge, and pledge rights used as collateral for the loan under this Contract decreases, Party A shall provide new guarantees approved by Party B. 9. During the loan period, if Party A changes its name, registered address, legal representative/person in charge, etc., it shall notify Party B in writing within three days after the change. 10. Party A shall promptly report to Party B in writing the related transactions that have occurred or are about to occur, accounting for more than 10% (including 10%) of Party A’s net assets, including but not limited to the relationship between the parties to the transaction, the transaction project and the nature of the transaction, the transaction amount or the corresponding proportion, and the pricing policy (including transactions with no amount or only a symbolic amount). 11. Party A’s production and operation and related behaviors comply with relevant regulations including but not limited to industrial policies, fiscal and taxation policies, market access, environmental assessment, energy conservation and emission reduction, energy consumption and pollution control, resource utilization, land and urban planning, labor safety, etc. 12. Party A promises to truthfully disclose the marital status of its actual controller (if any).
Appears in 2 contracts
Sources: RMB Working Capital Loan Contract (WORK Medical Technology Group LTD), RMB Working Capital Loan Contract (WORK Medical Technology Group LTD)
Party A’s Commitment. 1. Party A shall shall, on a regular basis or at any time, provide Party B with statements and other documents that truly reflect its operating operation and financial status regularly as required by Party B. For the opening of the “Borrow and Repay” mode, Party A shall also mail the invoices, transaction contracts, transaction statements or accounting vouchers and other loan purpose proof materials to Party B’s designated address or Party B’s staff will collect the relevant materials within seven(7) days from the date of withdrawal (if it is not in the “borrow and repay” mode at any time upon according to Party B’s request. requirements), Party A promises that the above materials provided are legal, valid, true and complete.
2. During the loan period, any changes in the business decisions of Party A’s business decisions, including but not limited to equity transferconversion, reorganizationrestructuring, large-scale financing, acquisition and reorganizationrestructuring, asset or debt restructuring, asset disposal, merger, consolidation, divisionseparation, shareholding system reform, bankruptcy liquidation, joint venture, cooperation, joint venture, contracting, leasing, foreign external investment, foreign guarantee, reaching an agreement entering into agreements or arrangement arrangements with anyone to share its their income or profits, providing any form of funds or financial support to anyone, substantially increasing anyone In case of substantial increase in debt financing, changing changes in business scope and registered capital, changing the company’s changes in company articles of association, etc., which . that may affect the rights and interests of Party A’s debt repayment abilityB, Party B shall be notified to Party B in writing at least thirty thirty(30) working days in advance and obtain Party B’s prior written consent, implement consent to fulfill the loan repayment responsibility or repay the loan in advance or provide a guarantee guarantees recognized by Party B.
3. Party A promises that Party B has the right to recover the loan in advance based on the recovery of Party A’s funds.
4. Party A shall actively cooperate with Party B in its business operationssituation, loan payment management, and post-post loan management, including investigationconducting on-site or off-site inspections to investigate, understandingunderstand, and supervision of supervise the basic situation information of the enterprise, loan usage, business management matters, financial and business conditionsoperation status, settlement transactions, and related transactions through on-site or off-site inspectionsparty transactions. All expenses incurred by Party B due to the non cooperation of Party A’s non-cooperation A shall be borne by Party A.
54. Without the prior written consent of Party B’s prior written consent, Party A shall not transfer or indirectly transfer the debts under this contract in any way.
65. If Party A transfers, leases, or disposes of all or part of its assets or operating income by setting up guarantees for debts other than debts those under this contract, it Party A shall notify Party B in writing at least thirty working days in advance and obtain Party B’s prior written consent.
76. If the following events occur, Party A shall notify Party B in writing and submit relevant materials within three three(3) days from the date of occurrence or possible occurrence:
(1) Force majeure events or default events related to the loanloans;
(2) Party A, Party A’s actual controller, controller and Party A’s controlling shareholder is are involved in litigation, arbitration, criminal prosecutioninvestigation, administrative punishment, suspension of business, closure of business, reorganization, dissolution, bankruptcy application, acceptance of bankruptcy application, bankruptcy declarationdeclaration of bankruptcy, revocation of business license, cancellationrevocation, deterioration of financial statussituation, or seizure, freezing, seizure or supervision of property is sealed, frozen, seized or supervised according to law;
(3) Any major changes such as changes in Party A’s board members and senior management personnelpersonnel are changed, or inability unable to perform their dutiesduties and other major changes, or any suspected of major cases or economic disputes, or given administrative penalties imposed by relevant departments;
(4) Any liability Liability accidents caused by violation violations of relevant laws, laws and regulations, regulatory provisions provisions, or industry standards such as related to food safety, production safetysafety production, and environmental protection, which etc., have already or may have an adverse impact effects on its performance of obligations under this Contractcontract.
(5) Any violation of this Contractcontract, relevant business contracts contracts, or the Articles company articles of Associationassociation;
(6) Any event that has an adverse impact on the performance of the obligations under this Contractcontract.
87. If Party A shall provide a new guarantee approved by Party B in case of partial or total loss of the guarantor encounters circumstances guarantee capability corresponding to this loan, including but not limited to suspension of business, cessation suspension of business, filing application for bankruptcy, acceptance of bankruptcy application, declaration of bankruptcy, dissolution, revocation of business license, cancellation, revocation and operating losses, and partially or completely loses loss of the corresponding guarantee capacity for this loanguarantor, or reduction of the value of the collateral, pledge, pledge and pledge rights used as collateral for the loan guarantee under this Contract decreases, Party A shall provide new guarantees approved by Party B.contract.
98. During the loan period, if Party A changes its name, registered address, legal representative/person in charge, etc., it Party A shall notify Party B in writing within three three(3) days after the change.
109. Party A shall promptly report in writing to Party B in writing the any related party transactions that have occurred or are about to occur, accounting occur and account for more than 10% (including 10%) of the net assets of Party A’s net assets, including but not limited to the relationship between the parties to the transactionrelated party relationships, the transaction project items and the nature of the transactionnature, the transaction amount or the corresponding proportion, and the pricing policy policies (including transactions with no amount or only a symbolic amount).
1110. Party A’s The production and operation of Party A and its related behaviors comply with relevant regulations regulations, including but not limited to industrial policies, fiscal financial and taxation tax policies, market access, environmental assessment, energy conservation and emission reduction, energy consumption and pollution control, resource utilization, land and urban planning, labor safety, etc.
1211. Party A promises to truthfully disclose the marital status of its actual controller (if any).) to Party B.
Appears in 2 contracts
Sources: Cny Liquidity Loan Contract (WORK Medical Technology Group LTD), Cny Liquidity Loan Contract (WORK Medical Technology Group LTD)
Party A’s Commitment. 1. Party A shall provide Party B with statements and other documents that truly reflect its operating and financial status regularly or at any time upon Party B’s request. provide party B with reports and other documents that truthfully reflect its business and financial situation as requested by party B. Party A promises that the above materials provided are legal, valid, true true, and complete.
2. During the loan period, any changes in the business decisions of Party A’s business decisions, including but not limited to equity transfer, reorganizationrestructuring, large-scale financing, acquisition and reorganizationrestructuring, asset or debt restructuring, asset disposal, merger, consolidation, division, shareholding system reform, bankruptcy liquidation, joint venture, cooperation, joint venture, contracting, leasing, foreign external investment, foreign external guarantee, reaching an agreement agreements or arrangement arrangements with anyone to share its income or profits, providing any form of funds funding or financial support to anyone, substantially increasing debt financing, changing changes in business scope and registered capital, changing the company’s changes in company articles of association, etc., which . that may affect Party A’s debt repayment ability, shall be notified to notify Party B in writing at least thirty working days in advance and obtain Party B’s prior written consent, consent to implement the loan repayment responsibility of the loan or repay the loan in advance or provide a guarantee guarantees recognized by Party B.
3. Party A promises that Party party B has the right to recover the loan in advance based on the recovery return of Party A’s funds.funds from party A.
4. Party A shall actively cooperate with Party party B in its business operationssituation, loan payment management, and post-post loan management, including investigationinvestigating, understanding, and supervision of supervising the basic situation of the enterprise, loan usage, business management matters, financial and business conditionsoperation status, settlement transactions, and related party transactions through on-site or off-site inspections. All expenses incurred by Party party B due to Party A’s non-the non cooperation of party A shall be borne by Party party A.
5. Without the prior written consent of Party B’s prior written consent, Party A shall not transfer or indirectly transfer the debts under this contract in any way.
6. If Party A transfers, leases, or disposes of all or part of its assets or operating income by setting up guarantees for debts other than debts those under this contract, it Party A shall notify Party B in writing at least thirty working days in advance and obtain Party B’s prior written consent.
7. If the following events occur, Party A shall notify Party B in writing and submit relevant materials within three days from the date of occurrence or possible occurrence:
(1) Force majeure events or default events related to the loanloans;
(2) Party AThe first party, Party A’s the actual controllercontroller of the first party, Party A’s and the controlling shareholder is of the first party are involved in litigation, arbitration, criminal prosecutioninvestigation, administrative punishmentpenalties, suspension of businesssuspension, closure of businessclosure, reorganizationrestructuring, dissolution, bankruptcy application, acceptance of bankruptcy application, bankruptcy declarationdeclaration of bankruptcy, revocation of business license, cancellationrevocation, deterioration of financial statuscondition, or property is assets are lawfully sealed, frozen, seized or supervised according to lawsupervised;
(3) Any major significant changes such as changes in Party A’s the members of the board members of directors and senior management personnelof Party A, or inability to perform their duties, or any suspected of major cases or economic disputes, or administrative penalties imposed by relevant departments;
(4) Any liability Liability accidents caused by violation violations of relevant laws, regulations, regulatory provisions provisions, or industry standards such as related to food safety, production safety, and environmental protection, which etc. have already or may have an adverse impact effects on its the performance of obligations under this Contractcontract.
(5) Any violation of this Contractcontract, relevant business contracts contracts, or the Articles company’s articles of Associationassociation;
(6) Any event that has an adverse impact on the performance of the obligations under this Contractcontract.
8. If the guarantor encounters circumstances experiences situations including but not limited to suspension of business, cessation of businessoperations, filing application for bankruptcy, acceptance of bankruptcy applicationapplications, declaration of bankruptcy, dissolution, revocation of business license, cancellationrevocation, and operating losses, and partially or completely loses the corresponding guarantee capacity ability for this loan, or when the value of the collateral, pledgepledged property, and or pledge rights used as collateral for the loan under this Contract contract decreases, Party A shall provide new guarantees approved recognized by Party B.
9. During the loan period, if Party A changes its name, registered address, legal representative/person in charge, etc., it Party A shall notify Party B in writing within three days after of the change.
10. Party A shall promptly report to Party B in writing the to party B any related transactions that have occurred or are about to occur, accounting for more than 10% (including 10%) of Party party A’s net assets, including but not limited to the relationship related relationships between the parties to the transaction, the transaction project and nature, the nature amount or corresponding proportion of the transaction, the transaction amount or the corresponding proportion, and the pricing policy policies (including transactions with no amount or only a symbolic amountamounts).
1110. Party A’s The production and operation of Party A and its related behaviors comply with relevant regulations including but not limited to industrial policies, fiscal financial and taxation tax policies, market access, environmental assessment, energy conservation and emission reduction, energy consumption and pollution control, resource utilization, land and urban planning, labor safety, etc.
12. Party A promises to truthfully disclose the marital status of its actual controller (if any).
Appears in 1 contract
Sources: Contract for Renminbi Working Capital Loan (CLPS Inc)
Party A’s Commitment. 1. Party A shall provide Party B with statements and other documents that truly reflect its operating business and financial status regularly at regular intervals or at any time as required by Party B. For the opening of the “pay-as-you-go” mode, Party A shall, within 7 days from the date of withdrawal (provided at any time upon Party B’s requestrequest for “non-pay-as-you-go” mode), mail certification materials of the invoices, transaction contracts, transaction reports or accounting vouchers, etc. to the address designated by Party B or Party B’s staff to collect relevant materials. Party A promises that the above materials provided are legal, valid, true and complete.
2. During the loan period, any changes Any change in Party A’s business decisionsdecision during the loan period, including but not limited to equity stock transfer, reorganization, large-scale sum financing, acquisition and reorganizationrestructuring, asset or debt restructuring, asset disposal, merger, consolidation, division, shareholding system reform, bankruptcy liquidation, joint venture, cooperation, joint venture, contracting, leasing, foreign external investment, foreign guarantee, reaching an agreement or arrangement with anyone to share for sharing its income or profitsprofits with any person, providing any form of funds fund or financial support to anyoneany person, substantially increasing substantial increase of debt financing, changing change of business scope and registered capital, changing change in the company’s articles Articles of association, etc., which Association and other circumstances that may affect the rights and interests of Party A’s debt repayment abilityB, Party B shall be notified to Party B in writing at least thirty working business days in advance and obtain prior written consent shall be obtained from Party B’s prior written consent, so as to implement the loan repayment responsibility of the loan or repay pay off the loan in advance or provide a the guarantee recognized approved by Party B.
3. Party A promises that Party B has the right to recover the loan in advance based on the recovery of Party A’s funds.
4. Party A shall actively cooperate with Party B in its business operationsoperation, loan payment management, management and post-loan management, including the investigation, understanding, understanding and supervision of the enterprise’s basic situation of the enterpriseconditions, loan usageuse, business operation and management matters, financial and business conditionsoperation, settlement transactions, and related transactions through on-site or off-site inspectionsinspection. All expenses incurred by Party B due to Party A’s non-cooperation shall be borne by Party A.
54. Without the prior written consent of Party B’s prior written consent, Party A shall not transfer or transfer disguise the debts under this contract in any wayway under the Contract.
65. If Party A transfers, leases, or disposes of all or part of its assets or operating income revenue by means of transferring, leasing or setting up guarantees guarantee for debts other than debts under this contractthe Contract, it Party A shall notify Party B in writing at least thirty 30 working days in advance and obtain Party B’s prior written consent.
76. If In case of any of the following events occurevents, Party A shall notify Party B in writing and submit relevant materials within three days from the date of occurrence or possible occurrence:
(1) Force majeure events or default events related in relation to the loan;
(2) Party A, the actual controller of Party A’s actual controller, Party A’s A and the controlling shareholder is of Party A are involved in litigation, arbitration, criminal prosecutioninvestigation, administrative punishmentpenalty, suspension of business, closure of business, reorganization, dissolution, bankruptcy applicationapplication for bankruptcy, acceptance of bankruptcy application, bankruptcy declarationdeclaration of bankruptcy, revocation of business license, cancellationrevocation, deterioration of financial status, or seizure, freezing, seizure or supervision of property is sealed, frozen, seized or supervised according to law, etc.;
(3) Any major changes such as changes including the change in Party A’s the board members of and senior management personnel, or of Party A and inability to perform their duties, or any suspected of being involved in major cases or economic disputes, or subject to administrative penalties imposed penalty by relevant departments;
(4) Any liability accidents Liability accident caused by violation of relevant laws, laws and regulations, regulatory provisions or industry standards such as of food safety, production safety, and environmental protection, etc. which have has or may have an adverse impact on adversely affect its performance of obligations under this the Contract.
(5) Any violation of this the Contract, the relevant business contracts contract or the Articles of Association;
(6) Any event that has an adverse impact on adversely affects the performance of the obligations under this the Contract.
87. If In the guarantor encounters circumstances event that the Guarantor suffers from, including but not limited to to, suspension of business, cessation of business, filing application for bankruptcy, acceptance of bankruptcy application, declaration of bankruptcy, dissolution, revocation of business license, cancellationcancellation or loss of operation, and operating losses, and partially or completely so that the Guarantor loses the corresponding guarantee capacity for this loancorresponding to the loan in part or in whole, or when the value of the collateral, pledgepledge property, and or pledge rights right used as the collateral for the loan under this Contract hereunder decreases, Party A shall provide new guarantees approved guarantee recognized by Party B.
98. During the loan period, if in the event that Party A changes its the name, registered address, or legal representative/person in charge, etc., it Party A shall notify Party B in writing within three days after the change.
109. Party A shall promptly timely report to Party B in writing the any related transactions that have occurred or are about to occur, will occur accounting for more than 10% (including 10%(including 10%) of Party A’s net assets, including but not limited to the affiliated relationship between the of all parties to the transaction, the transaction project items and the nature of the transactionnature, the transaction amount or the corresponding proportion, and the pricing policy (including transactions with no amount or only a symbolic amount).
1110. Party A’s production and operation and related as well as relevant behaviors shall comply with relevant regulations including but not limited to industrial policies, fiscal and taxation policies, market access, environmental protection assessment, energy conservation and emission reduction, energy consumption and pollution control, resource utilization, land and urban planning, and labor safety, etc.
1211. Party A promises undertakes to truthfully disclose to Party B the marital status of its actual controller (if any).
Appears in 1 contract
Sources: RMB Working Capital Loan Contract (WORK Medical Technology Group LTD)