Contract Element Clauses Clause Samples
Contract Element Clauses. 1. The main contract that the contract guarantees corresponds to whereas clauses of the contract
(1) The main contract is fixed assets loan contract signed between the creditor and debtor on Feb 2, 2010. [code: 72012010280091]. The creditor under the contract is loaner.
(2) The debtor is Jingbian County Xilan Natural Gas Liquefaction Co., Ltd and the business site: South of Tongwan Road, Zhangjiapan town, Jingbian County.
2. The main credit under the contract corresponds to the article 1 of the contract. SPD BANK Contract of guarantee-special for single transaction þ the main credit under the contract is under the main contract, the amount that the that the creditor offers to the debtor will not be over financing of RMB 120 million Yuan(capital letter) and the liability fulfillment term (that is loan term in the main contract ) is 58 months. x The main credit guaranteed under the contract is that, according to the main contract and the creditor offers amount for (name of intermediate business) should not over (currency) Yuan (capital) or be with liabilities. If the creditor is forced to make advances, then the main credit will turn to be advances that paid by the creditor and the amount of main credit adjusts according to adjustment agreed in the main contract.
3. Breach treatment corresponds to article 2 of the contract. penalty: equal to 10% of the main credit or ／
4. The appendixes of the contract including: corresponding to (1), 3rd clause of article 3.
5. The others agreed by the two parties correspond to (1), 3rd clause of article 6.
(1) After the project is delivered to production, if the borrower does not sign gas supply contract with PetroChina Company, the borrower should repay all the loan interest to Shanghai Pudong Development Bank Stock Co., Ltd. Xi’an branch in advance; (2) if the project is over investment, it will be settled by self-collecting; (3) the guarantor will not draw dividends before repaying loan of the current to Shanghai Pudong Development Bank Stock Co., Ltd. Xi’an branch.
6. The original of the contract is in quadruplicate, while the guarantor holds one, the creditor holds two and the notary agent of the borrower holds two and these four enjoy the same legal force. SPD BANK Contract of guarantee-special for single transaction The contract is signed between the guarantor and creditor on Feb 26, 2010; confirmed by the guarantor, the two parties have discussed and noted all the clauses and the two parties are not doubtful about ...
Contract Element Clauses. 1. The main contract that the contract guarantees corresponds to whereas clauses of the contract
(1) The main contract is fixed assets loan contract signed between the creditor and debtor on Feb 26, 2010. [Code: 72012010280091]. The creditor under the contract is loaner.
(2) The debtor under the main contract is Jinbian County Xilan Natural Gas Liquefaction Co., Ltd and the business site: South of Tongwan Road, Zhangjiapan town, Jinbian County.
2. The collateral under the contract corresponds to the article 1 of the contract. See details of the collateral in collateral list in appendix 1 of the contract. List the details of mortgage rights for collateral with prior mortgage right: (Name of collateral) (Prior mortgage and guarantee period, guaranteed object, name and code of related documents (if any) )
3. The main credit guaranteed by the contract corresponds to item (1), clause 1 of article 2. þ the main credit under the contract is under the main contract, the financing that the that the creditor offers to the debtor will not be over of RMB 120 million Yuan(capital letter) and the liability fulfillment term (that is loan term in the main contract ) is 58 months. x the main credit guaranteed under the contract is that, according to the main contract and the creditor offers amount for (name of intermediate business) should not over (currency) Yuan (capital) or be with liabilities. If the creditor is forced to make advances, then the main credit will turn to advances that paid by the creditor and the amount of main credit adjusts according to adjustment agreed in the main contract. SPD BANK Mortgage contract of movables—special for single transaction
4. Treatment of event of default corresponds to clause 8, article 2 of the contract. penalty: equal to 10% of the main credit or_________/_____________________
5. The attachments of the contract including: corresponding to (1), 3rd section of article 9.
(1) List of the collateral 》
6. Others agreed by the two parties correspond to item (1), 3rd clause of article 9.
7. The original of the contract is in quintuplicate, while the mortgager holds one, the mortgagee holds two and the notary agent of the borrower holds two and these five enjoy the same legal force.
Contract Element Clauses