Goldenway Nanjing Garments Company Limited Sample Clauses

Goldenway Nanjing Garments Company Limited. (hereinafter referred to as the “Debtor”) applies to Party A for loan/commercial draft acceptance/bxxx discounted, amounting to RMB3,260,000.00; and Party A agrees to provide Party B with the said loan/commercial draft acceptance/bxxx discounted; and therefore both parties conclude the Loan Contract of [2008]D.K.No.111101026 (hereinafter referred to as the Master Agreement). To guarantee that the principal and interests of the debts and other relevant expenses under the Master Agreement could be paid off on schedule, Party B agrees to use the property that it owns or has the right to dispose of as the collateral. After examination, Party A agrees to accept the said property as the collateral. In accordance with relevant laws and through amicable negotiation, both parties hereby conclude as follows:
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