Common use of Party B’s Rights and Obligations Clause in Contracts

Party B’s Rights and Obligations. 9.1 Party B is entitled to request Party A to repay the principal, interest accrued thereon and expenses when due, to manage and control the payment of loan amounts, to monitor on a real-time basis overall cash flows of Party A and to accelerate the maturity of the loan considering the status of collection of sale proceeds of Party A. Party B may exercise any other rights hereunder and demand Party A to perform any other obligations hereunder.

Appears in 6 contracts

Samples: RMB Loan Agreement (Applied Optoelectronics, Inc.), RMB Working Capital Loan Agreement (Applied Optoelectronics, Inc.), RMB Working Capital Loan Agreement (Applied Optoelectronics, Inc.)

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Party B’s Rights and Obligations. 9.1 Party B is entitled to request Party A to repay the principal, interest accrued thereon and expenses when due, to manage and control the payment of loan amounts, to monitor on a real-time basis overall cash flows of Party A and to accelerate the maturity of the loan considering the status of collection of sale proceeds of Party A. . Party B may exercise any other rights hereunder and demand Party A to perform any other obligations hereunder.

Appears in 2 contracts

Samples: Credit Facility Contract (Viasystems Group Inc), Credit Facility Contract (Viasystems Inc)

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Party B’s Rights and Obligations. 9.1 I. Party B is entitled to request ask Party A to repay the principal, interest accrued thereon and expenses when due, charges of the loan in a timely way; is entitled to manage conduct management and control over the payment of the loan amounts, fund; is entitled to monitor on a real-time basis conduct dynamic supervision over Party A’s overall cash flows of Party A and flow; is entitled to accelerate the maturity of recover the loan considering the status ahead of collection of sale proceeds of time based on Party A. Party B may A’s fund return conditions; is entitled to exercise any other rights hereunder as specified in the Contract and demand ask Party A to perform any exercise other obligations hereunder.under the Contract;

Appears in 1 contract

Samples: China Water Group, Inc.

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