Debt Waiver Agreement Sample Contracts

Wsp Holdings – Debt Waiver Agreement (November 15th, 2013)

WHEREAS Party A and Party B used to be each others affiliate with certain debts in between reflected in the accounts, and Party C has become Partys B controlling shareholder by way of acquiring 100% equity interests in Party B, the original debts between Party A and Party B shall be settled in a timely manner. Taking into consideration the actual situation of relevant enterprises and the fact of equity interest transfer, the parties hereby reach the following agreement through consultation:

Wsp Holdings – Debt Waiver Agreement (November 15th, 2013)

WHEREAS Party A and Party B used to be each others affiliate with certain debts in between reflected in the accounts, and Party C has become Partys B controlling shareholder by way of acquiring 51% equity interests in Party B from Party A. The original debts between Party A and Party B shall be settled in a timely manner. Taking into consideration the actual situation of relevant enterprises and the fact of equity interest transfer, the parties hereby reach the following agreement through consultation:

Wsp Holdings – Debt Waiver Agreement (November 15th, 2013)

WHEREAS Party A and Party B used to be each others affiliate with certain debts in between reflected in the accounts, and Party C has become Partys B controlling shareholder by way of acquiring 100% equity interests in Party B. The original debts between Party A and Party B shall be settled in a timely manner. Taking into consideration the actual situation of relevant enterprises and the fact of equity interest transfer, the parties hereby reach the following agreement through consultation:

China United Insurance Service, Inc. – Debt Waiver Agreement (November 14th, 2011)

Party A continually loan to Party B for the purpose of operation and development of Party B with a grand total of RMB:6,210,250 as of March, 31, 2011. Due to the subsequent merger of enterprises, and through friendly consultation by both Parties, Party A and Party B reach following agreements: