Common use of Scope of Mortgage Guarantee Clause in Contracts

Scope of Mortgage Guarantee. 4.1 The scope of mortgage guarantee hereunder includes the loan, bank acceptance, guarantee and trade finance principal, interest, penalty interest, compound interest, penalty, compensation and exchange rate loss under the Main Contracts as well as all the expenses incurred and payable by Party B for realizing the creditor’s rights.

Appears in 3 contracts

Sources: Maximum Amount Mortgage Contract, Maximum Amount Mortgage Contract (ReneSola LTD), Maximum Amount Mortgage Contract (ReneSola LTD)