Entrusted Guarantee Contract
Client: (hereinafter referred to as Party A)
Trustee: Huanghua Xingye mould Company limited by guarantee (hereinafter referred to as Party B)
A party hereby applies to Party B as its guarantor in order to apply for loans under the direction of the company. In accordance with the provisions of the guarantee law and the contract law, this contract is concluded through consultation between Party A and Party B.
First, Party A entrusts Party B to provide the credit guarantee for the lender, which is signed by the lender with the lender of the guaranty guarantee loan contract (the principal amount of the guaranty loan contract (the principal amount of the loan is $10 million yuan, the term of the month is limited, the interest rate is at the end of the month), the debts stipulated in the contract and the amount of liquidated damages, damages, late fees, and the creditor's rights expenses paid to the lender due to the breach of Party A.
The period of entrusted guarantee: two years from the expiration of the performance period of the principal debt stipulated in the guaranty guarantee loan contract.
Two, after accepting the entrustment, Party A shall provide Party B with counter guarantee in accordance with the law.
Three, when Party B accepts the entrustment, when signing the corresponding guaranty guarantee loan contract with the lender, Party A shall pay the guarantee fee to Party B in the form of transfer or cash.
Four, Party A should pay the risk margin to Party B in the form of transfer or entrusting the agent to transfer the loan from the loan to the party. '
Risk margin Operate according to the following principles:
1, the risk margin ownership belongs to Party A, which is borrowed from a lender, and the interest on the loan is borne by Party A.
2, to repay Party B's compensatory debts for Party A.
3, payment of liquidated damages, damages, late fees and other payments;
4, to pay reasonable expenses incurred for the realization of creditor's rights of Party B and lenders.
Party A shall refund the above risk deposit within 10 days after Party A pays the principal and interest in full.
Five. Party A shall notify Party B if Party A or its organization is divided, merged or other important matters.
Six, Party A shall send copies of corresponding financial statements and other materials to Party B on time, and ensure that they are authentic and lawful.
Seven. Liability for breach of contract
1, Party A fails to perform the main contract, causing Party B to assume the guaranty liability.
2, Party A shall pay the following payment to Party B for breach of contract:
(1) compensation for all payments, including the principal, interest, liquidated damages, damages, late fees, and the cost of making loans by the borrower, as stipulated in the main contract.
(2) the liquidated damages for this contract shall be calculated according to the percentage of the loan amount of party a failing to fulfill the loan amount.
(3) the reasonable expenses incurred by Party B for the realization of the creditor's rights;
(4) Late fee On the basis of calculation of the percentage of gross loss of Party A's default payment, the amount of the late fee paid to Party B shall be paid in accordance with the 1 and 2 clauses under the fifth article of the contract.
(5) compensation should not be enough to compensate Party B's losses, and Party A shall still pay compensation.
Eight, the contract does not matter, can make a supplementary contract, if the two sides in the process of performing a contract dispute, should be negotiated settlement, consultation does not deal with the people's court ruling party B location.
Nine. The contract shall be executed in one or both terms after signing and sealing by both parties.
Party A: Party B:
Legal representative or legal representative or
Agent Signature: Agent Signature:
Spouse signature:
Place of contract:
Contract date: the year of the year, the month and the day
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