守约方 meaning in Chinese
non-defaulting party
observant party
observantparty
Examples
- Regulations hereinafter collectively referred to as the labour laws
天内，守约方可以选择终止本协议。 - Management personnel shall be employed by the jv in accordance with the terms of individual employment contracts
如果完成该项目的成本大于收入，违约方同意立即偿付该差额给守约方。 - Provided that either party is unable to comply with its obligations under the agreement , such defaulting party shall pay compensation for damages to the other party
任何一方不能遵守本协议约定的义务，违约方应向守约方支付赔偿金。 - Subject to compliance with the provisions of the labour laws , working personnel shall receive wages and benefits commensurate with those received by comparable working personnel in other foreign investment enterprises in shenzhen
章之规定。守约方将有权接收付给合资公司的所有付款，并有权雇佣另一间公司来完成违约方在正在进行的项目中未完成的部分。 - In the event of adjudication of bankruptcy , things are different . as to other than long - term and continual contracts , law does n ' t give the right of discharging the contract to the observant party , but to the receiver of the defaulting party - trustee
在发生破产宣告场合，情形则有所不同。对于一般非长期性、继续性合同而言，法律并未将合同解除权赋予守约方，恰恰相反，而是赋予了违约方的接管人? ?破产管理人。