Representations and Warrants of Party B. Party B is qualified legally to sign and perform this Agreement. In addition, Party B has been authorized to sign and perform this Agreement by the Board of Directors or any other authorizing body (if require). Party B undertakes that all application documents and information provided to Party A were true, legal, and effective; and did not contain any material mistake or omission of any significant truth or facts. Party B undertakes to inform Party A in writing within ten days of any change in location of business, corresponding address, telephone number and scope of business, and legal representative, etc. Party B fully understood and acknowledged all of the terms and conditions as stipulated in this Agreement. It is the Party B's true intent to sign this Agreement.
Representations and Warrants of Party B. 1) Party B possesses the civil right competence and the civil conduct competence for executing and performing this Agreement.
