Common use of Guarantee Covers Clause in Contracts

Guarantee Covers. The guarantee coverage: the principals and interests (including punitive interest and compound interest) of all loans (credit) occurred between debtor and your bank according to the master contract and its attachments from June 21of 2013 to June 20 of 2014, the penal sum that debtor should pay to your bank; compensation and other expense your bank cost for realizing creditor’s right (including but not limited legal fare, arbitration fees, property preservation fees, execution fees, valuation fee, auction fee, attorney fee, travelling fee etc.). Aforesaid period indicates the date of occurrence, and does not limit the date of expiration.

Guarantee Covers. The guarantee coverage: the principals principal and interests interest (including punitive interest and compound interest) of all loans (credit) occurred outstanding between debtor and your bank Creditor according to the master contract and its attachments from June 21of 2013 21,2013 to June 20 of 20, 2014, the penal punitive sum that debtor should pay to your bankCreditor; compensation and other expense your bank cost expenses Creditor charges for realizing its creditor’s right rights (including but not limited legal farefees, arbitration fees, property preservation fees, execution fees, valuation feefees, auction feefees, attorney feeattorneys’ fees, travelling fee fees, etc.). Aforesaid period indicates the date of occurrence, and does not limit the date of expiration.