Common Contracts
2 similar Capital Transfer Agreement contracts by Yuhe International, Inc.
Capital Transfer AgreementCapital Transfer Agreement • December 19th, 2008 • Yuhe International, Inc. • Wholesale-beer, wine & distilled alcoholic beverages
Party A borrowed RMB 10,000,000 from Li Yu. Due to Li Yu's failure to transfer the loan amount to Party A timely, Party A could not utilize the loan amount timely. In order to utilize the loan amount in a more efficient way, after negotiation between Party A and Party B, Party B has agreed to borrow and take over the RMB10,000,000 loan from Party A and Party B has the obligation to repay Li Yu. Party B has agreed to use all its assets as security for the loan should Party B fail to repay the loan amount on the scheduled date.
Capital Transfer AgreementCapital Transfer Agreement • September 30th, 2008 • Yuhe International, Inc. • Wholesale-beer, wine & distilled alcoholic beverages
Party A borrowed RMB 10,000,000 from Li Yu. Due to Li Yu's failure to transfer the loan amount to Party A timely, Party A could not utilize the loan amount timely. In order to utilize the loan amount in a more efficient way, after negotiation between Party A and Party B, Party B has agreed to borrow and take over the RMB10,000,000 loan from Party A and Party B has the obligation to repay Li Yu. Party B has agreed to use all its assets as security for the loan should Party B fail to repay the loan amount on the scheduled date.
