Land Use Right Mortgage Agreement YANGDI (2002) YAZI NO.095Right Mortgage Agreement • August 22nd, 2006 • New Oriental Education & Technology Group Inc.
In order to strengthen the management of the registration of land use right mortgage, to standardize mortgage registration and to protect both Parties’ interests, pursuant to Urban Real Estate Administration Law, Guaranty Law and Interim Regulation on Sale and Transfer of Urban State-owned Land Use Right, Party A mortgages its land use right to Party B as the security for the loan. With the principles of equality, free will, mutual benefit, fairness and honesty, both Parties agree as follows:
