Common use of Guarantee of Trustor Clause in Contracts

Guarantee of Trustor. Trustor irrevocably acknowledges and accepts any legal consequence caused by Trustee’s (or its designated person’s) act of proxy and will bear the corresponding legal liabilities during the period of validity of this Agreement. Trustor agrees that the shareholder voting right obtained by Trustee in accordance with this Agreement should not be interrupted or jeopardized by Trustor or other persons through legal procedures. Trustor guarantees to have made any proper arrangements and signed any necessary to ensure execution of this Agreement will not be adversely affected or hindered by Trustor’s successor, guardian, creditor, spouse or other third parties for Trustor’s death, loss of legal capacity, bankruptcy, divorce, or any other situations. Trustor irrevocably and unconditionally accepts that if any litigation, indemnity, fees, expenditures, or liabilities occurs because of Trustor’s conducting or executing right herein authorized, Trustor will compensate Trustee (or its designated person) for any loss timely and comprehensively.