Common use of Provision of Guarantees Clause in Contracts

Provision of Guarantees. In consideration of the Second Entrusted Loan, two subsidiary companies of the Borrower, which are principally engaged in real estate development in the PRC, have agreed to provide guarantees in favour of FNES for the principal amount of the Second Entrusted Loan, i.

Appears in 1 contract

Sources: Entrusted Loan Agreement

Provision of Guarantees. In consideration of the Second Third Entrusted Loan, two subsidiary companies of the Borrower, which are principally engaged in real estate development in the PRC, have agreed to provide guarantees in favour of FNES for the principal amount of the Second Third Entrusted Loan, i.

Appears in 1 contract

Sources: Third Entrusted Loan Agreement