Contract of GuaranteeContract of Guarantee • December 22nd, 2010 • Chisen Electric Corp • Miscellaneous electrical machinery, equipment & supplies
In order to ensure the performance of the Trust Loan Contract entered into by and between [Changxing Chisen Electric Co., Ltd.] (hereinafter “Borrower”) and Party B with the number [P2009M17ZJZH00012F14-0081-2] (hereinafter the “Master Contract”) and guarantee the fulfillment of the Lender’s right of Party B, Party A is willing to provide guarantee for the debts of Borrower under the Master Contract. Party A and Party B hereby agree as follows through negotiations for mutual compliance.
SHANGHAI PUDONG DEVELOPMENT BANK Contract of Guarantee of Maximum AmountChisen Electric Corp • December 22nd, 2010 • Miscellaneous electrical machinery, equipment & supplies • Hong Kong
In order to ensure that the Borrower would fulfill all of its lender’s rights under the master contract (refer to Article 7 herein) in time and guarantees the realization of lender’s rights by the Lender, the Guarantor is willing to undertake guarantee liabilities against all debts of the Borrower under the master contract.
Guarantee Contract China Construction Bank Zhejiang BranchChisen Electric Corp • December 22nd, 2010 • Miscellaneous electrical machinery, equipment & supplies
In order to guarantee the fulfillment of Renminbi Loan contract, No. 64720012302010005, (“Master Contract) of Changxing Chisen Electric co., Ltd (hereinafter referred as Borrower). In order to protect the realization of Lender’s right of Lender, the Guarantor is willing to provide guarantee to Lender. Both Parties hereby agree as follows through negotiations on the basis of equality.
Contract of Guarantee of Maximum AmountChisen Electric Corp • December 22nd, 2010 • Miscellaneous electrical machinery, equipment & supplies
Whereas, the Guarantor is willing to provide a guarantee of maximum amount for the Lender’s rights under a series of business contracts (hereinafter referred to as master contract) concluded by and between the Lender and Changxing Chisen Electric Co., Ltd. (hereinafter referred to as Borrower) in accordance with Article 1 of this Contract. In accordance with relevant national laws and regulations, all parties hereby conclude as follows through amicable negotiation:
