Rights and Obligations of Party B Sample Clauses
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Rights and Obligations of Party B. 8.1 Party B is entitled to use the Leased Units in accordance with the Contract. Party B may set a notable mark on the exit of elevators of the floor of leasing pursuant to the ▇▇▇evant management regulations of the Corporate Squares. The detailed conditions shall be discussed by both Parties.
8.2 Party B shall carry out the business activities in the Leased Units in compliance with laws, regulations and rules of the People's Republic of China and is prohibited to harm Party A's reputation through its activities.
8.3 Party B shall duly make the payments with respect to the rent, property management fee, electricity usage fee and any other charges it shall be responsible for.
8.4 Starting from the Commencement Date, Party B shall purchase insurance for the properties in the Leased Units, including property insurance and third party liability insurance. Otherwise, Party B and not Party A shall be solely responsible for all liabilities and losses.
8.5 Party B shall not alter the purpose of use of the Leased Units without consent in writing from Party A.
8.6 Party B shall not re-lend, sublease, and exchange the Leased Units, in whole or part, to third parties or allow third parties to use the Leased Units by other means, without consent in writing from Party A.
8.7 Party B shall not alter the locking and security system on the gate of the Leased Units without consent in writing from Party A or approval from related departments.
8.8 Party B shall not alter or move the equipment for usage of water and electricity and shall not enlarge the capacities of central air conditioning, without consent in writing from Party A.
8.9 Party B shall take necessary actions to prevent the Leased Units from fires accident or man-made damage. Party B shall immediately notify to Party A with respect to any damage of the Leased Units. Party B shall restore the damaged parts of the Leased Units to their former condition within one month upon receipt of Party A's notice, provided that the damages resulted from negligence by Party B and its employees. If Party B fails to do so timely, Party A has the right to repair the damaged parts. All the expenses thus incurred shall be borne by Party B.
8.10 Party B is entitled to require Party A repairing the Leased Units, and the public facilities and equipment, and repair such based on the original standards by itself if Party A fails to perform the obligation of repairing timely and affects the normal use of such. All the expenses thus incurr...
Rights and Obligations of Party B. (I) Party B has the right to demand timely and full payment of the contract payment by Party A as specified in this contract.
(II) During the software development process, Party B has the right to request reasonable and necessary assistance from Party A, as well as necessary information. Party A’s provision of relevant information to assist Party B in completing software development under this contract is limited to Party B’s use for the purpose of this contract. Without written permission from Party A, Party B shall not use this information for purposes other than those defined in this contract. Party B’s obligation to maintain the confidentiality of this data or information shall not terminate with the termination of this contract, and it shall continue until the data or information is publicly disclosed by Party A. If Party B’s failure to maintain confidentiality results in the premature disclosure of Party A’s relevant data or information, Party B shall compensate Party A for the actual losses incurred.
(III) Party B fully understands and agrees that the scope of software development in Annex I is a framework-level description of Party A’s requirements for software development. Party B forms the scope of software development in Annex I based on Party A’s requirements and makes timely modifications and adjustments as required by Party A.
(IV) During the term of this contract, Party B shall obtain Party A’s trade secrets related to this project as needed for contract performance. These trade secrets are solely for the purpose of fulfilling Party B’s obligations under this contract. Party B shall not use, disseminate, or disclose these trade secrets without authorization. Otherwise, Party A has the right to pursue Party B for breach of contract and demand compensation for the actual losses incurred.
Rights and Obligations of Party B. 1. Based on its selected business qualifications, Party B shall have the right to enjoy the services provided by Party A under this Agreement, and ask Party A to provide the services that comply with relevant laws and regulations, and self-disciplinary standard documents of NAFMII, the operating procedures of the NAFMII Platform, and other policies and procedures.
2. Party B shall have the right to learn the operating procedures of the NAFMII Platform from Party A through the NAFMII Platform, the websites designated by Party A or in other appropriate ways.
3. Party B shall have the reasonable right to review the materials to the extent of its business qualifications within the working hours of Party A, for which Party A shall provide due coordination.
4. Operations made by the system users of Party B in the NAFMII Platform shall be deemed the expression of true intention of Party B, and Party B shall be responsible for the consequences arising out of such operations. Party B agrees and guarantees that operations made by the system users of Party B in the NAFMII Platform are used only through the places and computers under the control of Party B, and Party B shall maintain the security of system users and shall be responsible for their operations.
5. Party B shall actively and regularly inquire about and carefully read the operating procedures of the NAFMII Platform published in the NAFMII Platform and websites designated by Party A. Upon receipt of the operating procedures of the NAFMII Platform, Party B will comply with the requirements thereof. Party B enjoys the services under this Agreement, and shall comply with relevant laws and regulations, and self-disciplinary standard documents of NAFMII, the operating procedures of the NAFMII Platform, and other policies and procedures when operating the business through the NAFMII Platform. Where the business operations in the NAFMII Platform fails to comply with relevant laws and regulations, and self-disciplinary standard documents of NAFMII, the operating procedures of the NAFMII Platform, and other policies and procedures on account of Party B, Party B shall assume the responsibilities arising therefrom.
6. Party B shall be responsible for the authenticity, accuracy, completeness and timeliness of the materials and information it prepares, provides and discloses, shall guarantee these documents and information contain no false records, misleading statements or material omissions, and shall be responsible fo...
Rights and Obligations of Party B. (I) Party B has the right to demand that Party A makes prompt and full payment of the contract sum as stipulated in this contract.
(II) The information provided by Party A to assist Party B in fulfilling this contract is strictly for Party B’s use solely within the scope of this contract’s objectives. Without prior written consent from Party A, Party B is prohibited from using this information for any other purpose or in any other context beyond the scope of this contract. Party B’s obligation to maintain the confidentiality of the aforementioned data or information shall remain in force even after the termination or conclusion of this contract, until such data or information becomes publicly disclosed by Party A. In the event that Party B breaches its confidentiality obligation, resulting in premature disclosure of the relevant data or information by Party A, Party B shall be liable to compensate Party A for any actual losses incurred.
(III) Party B appoints ▇▇▇▇ ▇▇▇▇▇▇▇ as its authorized representative (contact phone: ▇▇▇▇▇▇▇****, email: ▇▇▇▇▇@▇▇▇▇▇▇.▇▇, position at Party B: Product Director). ▇▇▇▇ ▇▇▇▇▇▇▇ is responsible for communicating with Party A, coordinating Party B’s internal activities, and has the authority to sign any written documents related to the execution of this contract (excluding the main contract and any supplementary agreements) without Party A’s written consent. Without Party A’s written approval, Party B may not unilaterally change the software development representative. Failure to comply may lead to Party A’s right to terminate or dissolve this contract and pursue Party B for breach of contract.
(IV) Throughout the contract’s duration, Party B may access Party A’s trade secrets related to this project as necessary for contract performance. These trade secrets are solely applicable for fulfilling Party B’s obligations under this contract. Party B is strictly prohibited from using, disseminating, or disclosing these trade secrets without proper authorization. Any breach of this clause may result in Party A pursuing Party B for breach of contract and seeking compensation for actual losses incurred.
Rights and Obligations of Party B. 1、乙方应当具有海事管理机构批准的资质，并保持相应的应急清污能力。
1. Party B shall possess relevant qualification approved by Maritime Safety Administration (MSA), and maintains its corresponding capability of pollution response. 2、乙方应当书面确认已收到甲方按照第一条第一款约定提供的协议船舶的基本信息和动态信息，并按照双方约定的时间、方式和内容将乙方应急值守的相关信息告知甲方。
2. Party B shall confirm in written form the receipt of the agreed ships’ relevant basic information and dynamic information provided by Party A in accordance with stipulation of paragraph 1 of Article 1, and informs Party A information on relevant emergency standby provided by Party B in accordance with the time, way, and contents agreed by both parties.
Rights and Obligations of Party B. 1. Party B is entitled to have access to information about the production, operation, and financial activities of Party A, and to require Party A to provide financial information and documents in respect to its production and operation.
2. If the credit rating of Party A declines, Party B is entitled to adjust or even cancel the Facility which is otherwise available.
3. Party B is entitled to debit any account opened by Party A with any branch or office of China Construction Bank for any amount due to Party B under this Contract.
4. Party B shall disburse the Loan to Party A in accordance with this Contract, except for any delay caused by Party A.
5. Party B shall keep in confidence financial information and trade secrets in relation to production and operation of Party A unless otherwise required by laws or regulations.
Rights and Obligations of Party B. Comply with technical regulations on solar power; control the electrical energy quality according to provisions of Clause 1 Article 15 of the Decree No. 137/2013/ND-CP; Articles 40 and 41 of the Circular No. 39/2015/TT-BCT or amended or replaced documents, unless otherwise agreed on by both parties. - Cooperate with Party A in recording, ensuring the consistency and following the electricity consumed, transmitted to the grid, excess electricity generated and revenue earned from electricity generation by Party B.
Rights and Obligations of Party B. 6.1 Party B shall have the following rights:
6.1.1 to request Party A to make available the Loans or other facilities under the facility upon the conditions stated herein;
6.1.2 to utilize the facility according to this Agreement;
6.1.3 to request Party A to keep the information provided by Party B in respect of its production, operations, property, accounts and so forth confidential, unless otherwise required by law.
6.1.4 to transfer the debts to a third party after obtaining consent from Party A.
6.2 Party B shall undertake the following obligations:
6.2.1 to honestly provide such documents and materials as Party A requires and the names of the banks with which Party B maintains its accounts, the account numbers and the balances of its deposits and loans, and to give cooperation in the investigation, review and examination conducted by Party A;
6.2.2 to accept Party A’s supervision of its utilization of credit facilities and relevant production, operation and financial activities of Party B;
6.2.3 to apply the Loans and/or other facilities for the purposes prescribed in the respective certificates of indebtedness and the respective specific contracts;
6.2.4 to pay in full the principal and interest of the Loans and/or advances on time as agreed in this Agreement, the respective certificates of indebtedness and the respective specific contracts;
6.2.5 to obtain written consent from Party A before transferring the debts hereunder, in whole or in part, to a third party;
6.2.6 to forthwith notify Party A of the occurrence of any of the following events and cooperate with Party A in carrying out measures for securing due payment of the principal and interest of the Loans and other facilities and all other relevant expenses hereunder:
6.2.6.1 Party B suffers grave financial loss, asset loss or other financial distress;
6.2.6.2 Party B offers a loan or guarantee or put its property (rights) in mortgage (pledge), for the benefits of a third party or to protect that third party from any loss;
6.2.6.3 Any of the following alterations of Party B occurs: amalgamation (merger), division, reorganization, equity (cooperative) joint venture, transfer of equity (shareholding), transformation into shareholding company;
6.2.6.4 Party B winds up its business, has its business licence revoked or cancelled, has filed or been presented the bankruptcy or dissolution petition and so forth;
6.2.6.5 Party B’s controlling shareholder and other affiliates suffer great difficulty in...
Rights and Obligations of Party B. 8.1 Party B is entitled to have access to information about the production, operation, and financial activities of Party A, and to require Party A to provide financial information and documents in respect to its production and operation.
8.2 If the credit rating of Party A declines, Party B is entitled to adjust or even cancel the Facility which is otherwise available.
8.3 Party B is entitled to debit any account opened by Party A with any branch or office of China Commerce Bank for any amount due to Party B under this Contract.
8.4 Party B shall disburse the Loan to Party A in accordance with this Contract, except for any delay caused by Party A.
8.5 Party B shall keep in confidence financial information and trade secrets in relation to production and operation of Party A unless otherwise required by laws or regulations.
Rights and Obligations of Party B. 8.2.1 Party B shall provide duplicate of enterprise business license (transcript) with annual inspection of current year before each lease year expires
8.2.2 In order to enhance the management of “West Lake International Technologies Building”, Party A entrusts CECEP (Hangzhou) Property Management Co., Ltd to manager the properties; affairs related to property management shall be subject to signed Property Management Service Agreement by and between Party A and property management company.
8.2.3 Party B shall use electricity according to the limit provided by Party A and assume corresponding charges. Party B shall pay water and electricity charges used by itself as per the water price and electrovalence approved by relevant departments and assume apportionment of expenses for public area.
8.2.4 During term of lease, Party B shall be responsible for repair and maintenance of equipments, facilities and accessories such as water, electricity, doors, windows, lamps and rest rooms etc in the leased area and shall assume corresponding expenses; Party A shall be responsible for the repair and maintenance of the pubic area beyond the area leased by Party B.
8.2.5 Properties of Party B shall participate in insurance and Party B shall carry out prevention of burglary and fire protection properly. Any losses suffered by Party B by reason of accidents such as burglary, robbery and fire disaster etc or force majeure (such as earthquake or flood etc.) shall be assumed voluntarily by Party B and Party A and property management company shall not be hold liable.
8.2.6 If the premises or facilities are damaged due to improper use of Party B, Party B shall be responsible to repair immediately or assume economic compensation.
8.2.7 Party A shall notify Party B in written form seven days in advance before repairing the premises and the ancillary facilities, and Party B shall positively assist and cooperate with Party A.
8.2.8 Party B shall obtain written approval of Party A in advance before transforming the premises, and can implement after completing formalities of applying for approval to competent department according to the provisions.