Party A definition
Examples of Party A in a sentence
In the event of any dispute arising during the execution of this contract, if no agreement can be reached through consultation, the dispute shall be settled through litigation and the People’s Court where Party A is located shall have jurisdiction.
However, with respect to packaging materials or certain raw materials designated by Party A (hereinafter referred to as “Supplied Materials”), Party A may, upon consultation with Party B, supply such Supplied Materials to Party B, either with or without charge.
Party A and Party B shall operate this Agreement based on the principle of mutual prosperity and in accordance with the principles of good faith.
Party B shall prepay the full amount for the goods prior to shipment, and Party A shall deliver the goods only upon receipt of the full payment.
In such case, Party A or Party B shall promptly notify the other Party and consult in good faith to determine appropriate countermeasures.