Notarization. If any party hereof requests notarization, this agreement must be notarized by a public notarization agency approved by the State, with Party B bearing notarization fees. The parties hereto agree and acknowledge that this agreement will be become a creditor’s claim document with enforceability once notarized and that, if Party B fails to repay all debt principals and interest and other relevant fees due or Party B breaches its obligations provided herein, Party A has the right to appeal to the people’s court of competent jurisdiction directly for enforcement in accordance with this agreement and Party B agrees to accept such enforcement and waive unconditionally its right for defense.
Appears in 2 contracts
Sources: Credit Facility Agreement (Cogo Group, Inc.), Credit Facility Agreement (Cogo Group, Inc.)
Notarization. If any either party hereof hereto requests for notarization, this agreement must contract shall be notarized by a public notarization notary agency approved by the Stateof compliance with state laws and regulations, with and Party B bearing notarization feesshall bear the cost arising thereof. The parties hereto Party A and Party B agree and acknowledge that confirm: Upon the notarization, this agreement will be become a contract becomes an enforceable document evidencing creditor’s claim document with enforceability once notarized rights. If Party B fully fails to repay the principal, interest and thatincidental charges of the loan to Party A on time, or if Party B fails to repay all debt principals and interest and other relevant fees due or Party B breaches violates its obligations provided stipulated herein, Party A has the right to appeal to request the people’s court of competent jurisdiction directly for enforcement compulsory execution in accordance with this agreement and the contract, for which Party B agrees to shall unconditionally accept such enforcement and waive unconditionally its right for of defense.
Appears in 2 contracts
Sources: Domestic L/C Trade Finance Credit Facility Contract (Cogo Group, Inc.), Domestic L/C Trade Finance Credit Facility Contract (Cogo Group, Inc.)
Notarization. If any party hereof requests of the parties requires for notarization, this agreement must Contract shall be notarized by a notary public notarization agency office approved by relevant authorities of the Statecountry, with the expenses for notarization shall be assumed by Party B. Party A and Party B bearing notarization fees. The parties hereto agree and acknowledge confirm that if this agreement will be become a Contract is notarized by notary public office as an enforceable document of creditor’s claim document with enforceability once notarized right, and that, if Party party B fails to repay all debt principals and interest on time the principal, interest, and other relevant fees due expenses owed to Party A under this Contract, or Party B breaches violets its obligations provided hereinunder this Contract, Party A has the right is entitled to appeal apply to the people’s court of competent jurisdiction directly for enforcement in accordance with to enforce this agreement and Contract, Party B agrees to accept such the enforcement unconditionally and duly waive unconditionally its right for of defense.
Appears in 1 contract
Sources: Comprehensive Credit Line Contract (Birch Branch Inc)