Declaration Clause. I. Party A clearly understands the business scope and authority of Party B. II. Party A has read all the terms and conditions hereof. As requested by the Party A, the Party B has made explanations for the corresponding terms and conditions hereof. The Party A has full information and understanding regarding the implication of the terms and conditions hereof and the corresponding legal consequence. III. Party A’s signing and performance of its obligations under this Agreement are in accordance with laws, administrative regulations, rules and Party A’s articles of association or internal organization documents, and have been approved by competent internal organization of the company and /or by the competent state authorities. IV. Party A’s production and operation are legal and compliant; V. Party A has the ability to continue operations and has a legitimate source of repayment; VI. Party A promises that all loans under this Agreement are based on the real needs of the specific purpose of the loan and do not exceed its actual needs. VII. Party A and its controlling shareholders have good credit status and have no significant bad records. VIII. Party B has the right to entrust other branches of China Construction Bank to issue loans under this Agreement and exercise and perform Party B’s rights and obligations under this Agreement, Party A has no objection to hereof. IX. Party A declares that at the time of conclusion of this Agreement, it and its important related parties do not have any behavior or situation in violation of environmental and social risk management laws, regulations and rules, and promise to strengthen the environmental and social risk management of itself and its important related parties after the conclusion of this Agreement, and strictly abide by the laws, regulations and rules related to environmental and social risk management, put an end to the hazards and related risks to the environment and society in the construction, production and business activities (including but not limited to environmental and social issues related to energy consumption, pollution, land, health, safety, resettlement, ecological protection, energy conservation and emission reduction, climate change, and so on). Party A acknowledges that Party B has the right to supervise the environmental and social risk management of Party A and request Party A to submit the environmental and social risk report. If the above statement of Party A is false or the above commitment is not fulfilled, or Party A may cause environmental and social risks, Party B has the right to stop granting credit to Party A (including but not limited to refusal to issue loans, provide financing, issue letter of guarantee or letters of credit or bank acceptance ▇▇▇▇, etc.),or to declare that the principal and interest of creditor’s rights (including but not limited to loans, financing, advances that have been or may occur, etc.) are due in advance, or to take other remedies as agreed in this Agreement or permitted by law. Party A (Official Seal): United Time Technology Co., Ltd. (Seal Affixed) Legal Representative (Person in Charge) or Authorized Agent (Signature): /s/ Minfei Bao Party B (Official Seal): Shenzhen Branch of China Construction Bank Corporation (Seal Affixed) Person in Charge or Authorized Agent (Signature): /s/ ▇▇ ▇▇▇▇ This page contains no text (Seal) China Construction Bank Annex 1: 1. Specific purposes of the loan under the Agreement: Party A shall not change the specific purpose of the loan without the written consent of Party B. 2. The repayment source of the loan under the Agreement:
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Declaration Clause. I. Party A clearly understands the is fully aware of Party B’s business scope and authority of Party B.authorization limits.
II. Party A has read all the terms and conditions hereofcontract terms. As requested by the At Party A’s request, the Party B has made explanations for explained the corresponding terms and conditions hereofterms. The Party A has full information fully understands the meaning and understanding regarding the implication legal consequences of the terms and conditions hereof and the corresponding legal consequenceterms.
III. Party A’s signing execution and performance of its obligations under this Agreement are in accordance contract comply with laws, administrative regulations, rules rules, and Party A’s its articles of association or association/internal organization organizational documents, and have been approved by competent . Party A has obtained the necessary approvals from its internal organization of the company and /or by the competent state authorized bodies and/or relevant national authorities.
IV. Party A’s production and operation business operations are legal and compliant;.
V. Party A has the ability to continue operations and has a legitimate source of repayment;.
VI. Party A promises confirms that all loans under this Agreement contract are based on the real actual borrowing needs of the specific purpose of the loan and do not exceed its actual needspractical requirements.
VII. Party A and its controlling major shareholders have good credit status standing and have no significant bad adverse records.
VIII. Party B has the right to may entrust other branches of China Construction Bank to issue loans under this Agreement disburse the loan and exercise and exercise/perform Party B’s its rights and obligations under this Agreement, contract. Party A has no objection to hereofobjections.
IX. Party A declares that at the time of conclusion of this Agreement, it and its important related parties do not have any behavior or situation parties, major contractors, suppliers, and project sponsors are in violation of environmental full compliance with the environmental, social, and social governance (ESG) risk management laws, laws and regulations of China and rules, and promise to strengthen the environmental and social risk management of itself and its important related parties after the conclusion of this Agreement, and strictly abide by the laws, regulations and rules related to environmental and social risk management, put an end to the hazards and related risks to the environment and society in the construction, production and business activities (including but not limited to environmental and social issues related to energy consumption, pollution, land, health, safety, resettlement, ecological protection, energy conservation and emission reduction, climate change, and so on)project’s location. No international projects violate relevant norms or principles. Party A acknowledges that undertakes to submit compliant, valid, and complete ESG risk-related documents to Party B has the B. It will strengthen ESG risk management in accordance with Chinese and local laws and international standards. Party A recognizes Party B’s right to supervise the environmental and social its ESG risk management of and request relevant reports. If Party A’s declarations are false or commitments unfulfilled, or if ESG risks arise from Party A and request Party A to submit the environmental and social risk report. If the above statement of Party A is false or the above commitment is not fulfilled, or Party A may cause environmental and social risksits related parties, Party B has the right to stop granting credit to Party A (including but not limited to refusal to issue loansmay demand risk mitigation measures, provide financingrequire timely reporting, issue letter of guarantee and take actions such as halting financing services or letters of credit or bank acceptance ▇▇▇▇, etc.),or to declare that the principal and interest of creditor’s rights (including but not limited to loans, financing, advances that have been or may occur, etcdeclaring debts due.) are due in advance, or to take other remedies as agreed in this Agreement or permitted by law. Party A (Official Seal): United Time Technology Co., Ltd. (Seal Affixed) Legal Representative (Person in Charge) or Authorized Agent (Signature): /s/ Minfei Bao Party B (Official Seal): Shenzhen Branch of China Construction Bank Corporation (Seal Affixed) Person in Charge or Authorized Agent (Signature): /s/ ▇▇ ▇▇▇▇ This page contains no text (Seal) China Construction Bank Annex 1:
1. Specific purposes The specific purpose of the loan under this contract: _______________________________________________________________________. Without the Agreement: written consent of Party B, Party A shall not change alter the specific purpose of the loan without the written consent of Party B.loan.
2. The source of repayment source of the loan under this contract: _______________________________________________________________________. Party A shall ensure that the Agreement:source of repayment is genuine and lawful, and that the repayment cash flow is stable and sufficient.
3. Other terms: _______________________________________________________________________.
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Declaration Clause. I. Party A clearly understands the business scope and authority of Party B.
II. Party A has read all the terms and conditions hereof. As requested by the Party A, the Party B has made explanations for the corresponding terms and conditions hereof. The Party A has full information and understanding regarding the implication of the terms and conditions hereof and the corresponding legal consequence.
III. Party A’s signing and performance of its obligations under this Agreement are in accordance with laws, administrative regulations, rules and Party A’s 's articles of association or internal organization documents, and have been approved by competent internal organization of the company and /or by the competent state authorities.
IV. Party A’s production and operation are legal and compliant;
V. Party A has the ability to continue operations and has a legitimate source of repayment;
VI. Party A promises that all loans under this Agreement are based on the real needs of the specific purpose of the loan and do not exceed its actual needs.
VII. Party A and its controlling shareholders have good credit status and have no significant bad records.
VIII. Party B has the right to entrust other branches of China Construction Bank to issue loans under this Agreement and exercise and perform Party B’s rights and obligations under this Agreement, Party A has no objection to hereof.
IX. Party A declares that at the time of conclusion of this Agreement, it and its important related parties do not have any behavior or situation in violation of environmental and social risk management laws, regulations and rules, and promise to strengthen the environmental and social risk management of itself and its important related parties after the conclusion of this Agreement, and strictly abide by the laws, regulations and rules related to environmental and social risk management, put an end to the hazards and related risks to the environment and society in the construction, production and business activities (including but not limited to environmental and social issues related to energy consumption, pollution, land, health, safety, resettlement, ecological protection, energy conservation and emission reduction, climate change, and so on). Party A acknowledges that Party B has the right to supervise the environmental and social risk management of Party A and request Party A to submit the environmental and social risk report. If the above statement of Party A is false or the above commitment is not fulfilled, or Party A may cause environmental and social risks, Party B has the right to stop granting credit to Party A (including but not limited to refusal to issue loans, provide financing, issue letter of guarantee or letters of credit or bank acceptance ▇▇▇▇, etc.),or to declare that the principal and interest of creditor’s 's rights (including but not limited to loans, financing, advances that have been or may occur, etc.) are due in advance, or to take other remedies as agreed in this Agreement or permitted by law. Party A (Official Seal): United Time Technology Co., Ltd. (Seal Affixed) Legal Representative (Person in Charge) or Authorized Agent (Signature): /s/ Minfei Bao Party B (Official Seal): Shenzhen Branch of China Construction Bank Corporation (Seal Affixed) Person in Charge or Authorized Agent (Signature): /s/ ▇▇ ▇▇▇▇ This page contains no text (Seal) China Construction Bank Annex 1:
1. Specific purposes of the loan under the Agreement: Party A shall not change the specific purpose of the loan without the written consent of Party B.
2. The repayment source of the loan under the Agreement:
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