Common use of Coverage of the Clause in Contracts

Coverage of the. (Mortgage) Counter-guarantee Provided by Party A (1) The counter-guarantee shall secure all the debts that Party B shall pay off on behalf of the Debtor (including the principal, interest, penalty interest, compound interest, damages, liquidated damages payable by the Debtor, the property mortgage expense, the expenses for realizing the Creditor's rights, etc.) as well as the occupancy fee for the compensatory fund which is payable by the Debtor to Party B. The occupancy fee for the compensatory fund shall be calculated at 1‰/day of all the debts which are paid off by Party B on the Debtor's behalf from the repayment date on the Debtor's behalf. (2) The counter-guarantee shall secure all the liquidated damages, damages, attorney fees, guarantee fees and other fees payable by the Debtor to Party B under the "Entrustment Agreement on Guarantee". (3) The counter-guarantee shall secure all the fees for realizing Party B's mortgage right, including but not limited to the litigation fee, arbitration fee, property preservation fee, attorney fee, appraisal fee, auction fee, enforcement fee, agent fee, notarization fee, consultation fee, travel expenses, etc.

Appears in 1 contract

Sources: Counter Guarantee (Mortgage) Agreement (CHINA NEW BORUN Corp)

Coverage of the. (Mortgage) Counter-guarantee Provided by Party A (1) The counter-guarantee shall secure all the debts that Party B shall pay off on behalf of the Debtor (including the principal, interest, penalty interest, compound interest, damages, liquidated damages payable by the Debtor, the property mortgage expense, the expenses for realizing the Creditor's ’s rights, etc.) as well as the occupancy fee for the compensatory fund which is payable by the Debtor to Party B. The occupancy fee for the compensatory fund shall be calculated at 1‰/day of all the debts which are paid off by Party B on the Debtor's ’s behalf from the repayment date on the Debtor's ’s behalf. (2) The counter-guarantee shall secure all the liquidated damages, damages, attorney fees, guarantee fees and other fees payable by the Debtor to Party B under the "Entrustment Agreement on Guarantee". (3) The counter-guarantee shall secure all the fees for realizing Party B's ’s mortgage right, including but not limited to the litigation fee, arbitration fee, property preservation fee, attorney fee, appraisal fee, auction fee, enforcement fee, agent fee, notarization fee, consultation fee, travel expenses, etc.

Appears in 1 contract

Sources: Counter Guarantee (Mortgage) Agreement (CHINA NEW BORUN Corp)