Scope of Guarantee. The scope of guarantee shall include: the principal, interest, punitive interest, compound, and default penalty, indemnification under this contract, the expenses for exercising the Lender’s rights under this contract, and all other expenses shall be paid by the Borrower.
Appears in 3 contracts
Sources: Loan/Security Contract (China BCT Pharmacy Group, Inc.), Loan/Security Contract (China BCT Pharmacy Group, Inc.), Loan/Security Contract (CHINA BAICAOTANG MEDICINE LTD)
Scope of Guarantee. The scope of the guarantee shall include: include the principalprincipal amount as well as the interests, interestpenalty interests, punitive interestcompound interests, compound, damages for breach of the contract and default penalty, indemnification under this contract, the expenses for exercising the Lender’s rights under this contract, indemnifications and any and all other costs and expenses shall be paid by occurring to the BorrowerCreditor in realizing its creditor’s right, including with limitation those from litigation (arbitration) and legal counsel.
Appears in 2 contracts
Sources: Maximum Amount Guarantee Contract (China Auto Logistics Inc), Maximum Amount Guarantee Contract (China Auto Logistics Inc)
Scope of Guarantee. 4.1 The scope of the guarantee shall include: under the contract include the principal, interest, punitive compound interest, compoundpunishment interest, late fee, liquidated damages, expenses to realize the credit (including the attorney fees) and default penalty, indemnification under this contract, the expenses for exercising the Lender’s rights under this contract, and all other expenses shall be paid by the Borrowerpayable fees.
Appears in 2 contracts
Sources: Loan Guarantee Contract (Ultra Glory International Ltd.), Loan Guarantee Contract (Ultra Glory International Ltd.)