TERMS AND CONDITIONS OF THE NOTE. This Note shall be held subject to and with the benefit of the terms and conditions set out below and such terms and conditions shall be binding on 2020 China Holdings, Ltd. (the “Issuer”) and the Noteholder. Save as the context otherwise requires, expressions defined in the agreement in respect of the issue of note between the Issuer and Lu Guangming, ▇▇▇▇▇▇ (the “Investor”) dated [*] (“Agreement”) shall bear the same meaning in this Certificate, and the definitions and rules of construction set out in the Agreement shall apply in the interpretation of the Note.
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TERMS AND CONDITIONS OF THE NOTE. This Note shall be held subject to and with the benefit of the terms and conditions set out below and such terms and conditions shall be binding on 2020 China Holdings, Ltd. (the “Issuer”) and the Noteholder. Save as the context otherwise requires, expressions defined in the agreement in respect of the issue of note between the Issuer and Lu Guangming, ▇▇▇▇▇▇ Surfmax Investment Partners Limited (the “Investor”) dated [*] (“Agreement”) shall bear the same meaning in this Certificate, and the definitions and rules of construction set out in the Agreement shall apply in the interpretation of the Note.
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Sources: Agreement in Respect of the Issue of Note (Acquity Group LTD)