Common use of Guaranteed Principal Claims Clause in Contracts

Guaranteed Principal Claims. 1.1 Principal claims guaranteed by Party B shall be the claims against the Debtor under borrowing contract, bank acceptance agreement, L/C opening contract, guarantee agreement and other financing documents (“Principal Contracts”) between Party A and Shishi Feiying Plastic Co., Ltd. (“Debtor”), for the maximum balance to the extent of RMB 4,800,000.00 (RMB Four Million Eight hundred thousand, in words) (the amount in words shall prevail in the event of any difference between the amount in words and number), from December 17, 2008 to December 15, 2010 (including commencement date and expiry date) (“Effective Term”), irrespective of whether such claims become due during the above period, or of whether such claims have occurred before the maximum mortgage is created.

Appears in 2 contracts

Samples: Financial Agreement (Sooner Holdings Inc /Ok/), Sooner Holdings Inc /Ok/

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Guaranteed Principal Claims. 1.1 Principal claims guaranteed by Party B shall be the claims against the Debtor under borrowing contract, bank acceptance agreement, L/C opening contract, guarantee agreement and other financing documents (“Principal Contracts”) between Party A and Shishi Feiying Plastic Co., Ltd. (“Debtor”), for the maximum balance to the extent of RMB 4,800,000.00 5,000,000.00 (RMB Four Million Eight hundred thousandFive Million, in words) (the amount in words shall prevail in the event of any difference between the amount in words and number), from December 1724, 2008 to December 15, 2010 (including commencement date and expiry date) (“Effective Term”), irrespective of whether such claims become due during the above period, or of whether such claims have occurred before the maximum mortgage is created.

Appears in 2 contracts

Samples: Financial Agreement (Sooner Holdings Inc /Ok/), Sooner Holdings Inc /Ok/

Guaranteed Principal Claims. 1.1 Principal claims guaranteed by Party B shall be the claims against the Debtor under borrowing contract, bank acceptance agreement, L/C opening contract, guarantee agreement and other financing documents (“Principal Contracts”) between Party A and Shishi Feiying Plastic Co., Ltd. (“Debtor”), for the maximum balance to the extent of RMB 4,800,000.00 7,000,000.00 (RMB Four Million Eight hundred thousandSeven Million, in words) (the amount in words shall prevail in the event of any difference between the amount in words and number), from December 17January 4, 2008 to December 1527, 2010 2009 (including commencement date and expiry date) (“Effective Term”), irrespective of whether such claims become due during the above period, or of whether such claims have occurred before the maximum mortgage is created.

Appears in 1 contract

Samples: Sooner Holdings Inc /Ok/

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Guaranteed Principal Claims. 1.1 Principal claims guaranteed by Party B shall be the claims against the Debtor under borrowing contract, bank acceptance agreement, L/C opening contract, guarantee agreement and other financing documents (“Principal Contracts”) between Party A and Shishi Feiying Plastic Co., Ltd. (“Debtor”), for the maximum balance to the extent of RMB 4,800,000.00 8,000,000.00 (RMB Four Million Eight hundred thousandMillion, in words) (the amount in words shall prevail in the event of any difference between the amount in words and number), from December 17, 2008 to December 15November 30, 2010 to November 28, 2015 (including commencement date and expiry date) (“Effective Term”), irrespective of whether such claims become due during the above period, or of whether such claims have occurred before the maximum mortgage is created.

Appears in 1 contract

Samples: Sooner Holdings Inc /Ok/

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