Common use of Scope of Guaranty Clause in Contracts

Scope of Guaranty. The scope of guaranty covers all loan principal, interest, penalty interest and all the expenses incurred to the Creditor in realizing its creditor’s right. The maximum loan principal shall not exceed RMB 150 Million yuan.

Appears in 6 contracts

Sources: Guaranty Contract of Maximum Amount Pledge (China Bak Battery Inc), Guaranty Contract of Maximum Amount (China Bak Battery Inc), Guaranty Contract (China Bak Battery Inc)

Scope of Guaranty. The scope of guaranty covers all loan principal, interest, penalty interest and all the expenses incurred to the Creditor in realizing its creditor’s right. The maximum loan principal shall not exceed RMB 150 50 Million yuan.

Appears in 1 contract

Sources: Pledge Contract of Maximum Amount (China Bak Battery Inc)