when Party Sample Clauses
when Party. B acts as a supplier to a government procurement unit, the government procurement unit has risk information that is unfavourable to the repayment of Party A’s credit, such as delayed payment for three consecutive or cumulative periods, or Party B has been disqualified from supply (entered the government procurement blacklist), untimely supply, unstable product quality, operational difficulties, significant deterioration in financial position (insolvency), suspension of works, etc..
when Party. A intends to exercise the Purchase Right, it shall issue a written notice (the “Purchase Notice”) to Party B, and the Purchase Notice shall state the following: (a) Party A intends to exercise the Purchase Right; (b) the percentage of the Equity Interest to be purchased therewith; and (c) the effective date or transfer date. Party A may exercise the Purchase Right one or more times, in whole or in part.
when Party. C is entrusted by the JV to purchase equipment or raw materials from overseas markets, Party A and Party B shall be invited to participate in the purchase process. Chapter XII Management of Labor
when Party. A agrees to conduct specific credit business after approval, the specific business documents signed by Party A and Party B (including but not limited to single agreements/applications, framework agreements, or specific business contracts, etc.) will constitute an inseparable part of the “Credit Agreement.” Each loan or other credit business’s specific amount, interest rate, term, usage, and fees will be determined by the specific business documents, business certificates confirmed by Party A (including but not limited to withdrawal applications, loan notes, etc.), and business records in Party A’s system. Unless otherwise stipulated in the specific business documents or confirmed business certificates regarding the interest rate, the interest rate under this agreement will be calculated using simple interest. For Party B’s application for working capital loans within the credit limit, both parties do not need to sign a separate “Loan Contract.” Party B will submit withdrawal applications case by case, and Party A will approve them case by case.
when Party. A proposes to transfer the ownership of all the assets of the Power Station at any time after the Unit 6 has been completed, Party B shall have the first right of refusal as equally as the Project lenders do.