Common use of Statement and Guarantee Clause in Contracts

Statement and Guarantee. 5.1 Party A shall have the legal right to dispose of the drama elements provided, and guarantee that the entrustment made hereunder shall not infringe the legitimate rights and interests of any third party, nor violate any laws and regulations. Party B shall guarantee that its creative works or works, services and production services (including but not limited to the production process, methods, tools, software, service content, and work results) shall not violate the provisions of national laws and regulations, and do not violate the legitimate rights and interests of others (including but not limited to intellectual property rights and personal rights), otherwise, the resulting legal liability shall be borne by Party B. 5.2 In order to ensure the service quality, Party B promises and guarantees to accept Party A’s supervision and follow the service requirements. If it does not meet the service requirements, Party B shall adjust and modify them in accordance with Party A’s requirements, and fully cooperate with Party A to modify the service requirements proposed for the project to pass the approval. If Party B fails to complete the production of the virtual content within the manner and period agreed herein, or the work results and service quality still do not meet the agreed service requirements, Party A shall have the right to unilaterally terminate this Contract. If this Contract is thus terminated, Party A shall only settle the production expenses according to the workload that has been actually completed by Party B and approved by Party A. 5.3 Both parties declare, state and guarantee to each other as follows: 5.3.1 The right to sign this Contract. 5.3.2 Ability to perform its obligations hereunder; and such performance shall not violate any limitation of applicable laws binding upon them or the lawful rights and interests of any third party. 5.4 If any party violates the above declaration, statement and guarantee, it shall be deemed to breach this Contract and shall be liable for breach of contract as agreed herein.