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.
Scope of Mortgage Guarantee. Maximum mortgage guarantee provided by Mortgager covers the principal, interests, penalty interests, liquidated damages, loss damages as well as the costs for enforcing the mortgage rights and other fees (including but not limited to litigation costs, arbitration fees, property preservation fees, attorney’s fees, business trips fees, execution fees, evaluation fees and auction fees) under the Master Contract.
Scope of Mortgage Guarantee. The scope of mortgage guarantee provided by the Contract covers the principal and interest of the principal claim, default interest, compound interest, penalty for breach of contract, compensation for damages, litigation fees, costs of preservation, costs of action, attorney’s fees, travel expenses, fees for disposal of the mortgaged property, and transfer fees for realizing Creditor’s rights, double interest during the delayed performance of effective legal documents and other expenses payable under the Main Contract.
Scope of Mortgage Guarantee. Maximum mortgage guarantee provided by Party B covers the principal and interests, penalty interests, compound interests, liquidated damages, loss damages as well as the costs for enforcing the mortgage rights (including but not limited to litigation costs, attorney’s fees, evaluation fees), provided that, the costs for enforcing the mortgage rights shall be first deducted from the realized proceeds from the collateral under the Contract (the “Collateral”), and excluded from the maximum balance as specified in Article 1.1.
Scope of Mortgage Guarantee. The scope of mortgage guarantee herein is the following type 1:
1. All principal, interest, penalty interest, compound interest and expenses for enforcing the claim of the liability afforded by debtor under the principal contract. The principal thereof is RMB (in words): twenty million, and the interest, penalty interest and compound interest thereof shall be calculated as specified in the principal contract.
Scope of Mortgage Guarantee. Scope of guaranty under the contract includes but is not limited to debt principal as well as its corresponding debt interest, penalty, compound interest, liquidated damages and fees for realizing mortgage rights, including:
3.1 loan principal issued by Party A under the contract as well as its corresponding debt interest, penalty, compound interest, liquidated damages and related fees; or
3.2 principal balance paid by Party A in advance for fulfilling its duty of accepting commercial draft under the contract as well as its corresponding interest, penalty, compound interest, liquidated damages and related fees; or
3.3 principal of commercial draft discounted by Party A as well as its corresponding interest, penalty, compound interest, liquidated damages and related fees; or
3.4 expenses incurred when Party A exercises its mortgage rights (including but not limited to legal fees, attorney fees, announcement fee, service fee, travel, etc)
Scope of Mortgage Guarantee. The mortgage guarantee hereunder covers, among others, the loan principal and interest, penalty interest, compound interest, liquidated damages, damages, and the expenses for Lender to realize the creditor’s rights (including but not limited to attorneys’ fees, litigation fees, arbitration fees, execution fees, announcement fees, service fees and travel expenses).
Scope of Mortgage Guarantee. The scope of mortgage guarantee in a maximum amount provide by Party B contains of: principal claim, interests, default interest, compound interest, compound interest,damages,the cost of realizing mortgage (including but not limited to legal fees ,legal costs ,appraisal fee and so on),but ,the cost of realizing mortgage should deduct from the cash that get from the sales of the collateral first. Not included in the maximum balance described in Item 1.1.
Scope of Mortgage Guarantee. 3.1 The scope of the mortgage guarantee hereof is the total balance sum of the principles and the interests for the loans and other credits (up to a maximum of RMB21,000,000) provided by Party A to Party B (or the Applicant) within the credit line in accordance with the Credit Agreement, as well as the interest, penalty interest, compound interest, penalty, factoring costs, charges, insurance fees and other related expenses for realization of the mortgage right，including but not limited to:
3.1.1 the principal balance of the loans provided by Party A according to the specific contract under the Credit Agreement and the corresponding interest, penalty interest, compound interest, penalty and related expenses;
3.1.2 the principal balance of advances Party A makes for Party B (or the Applicant) for the performance of payment obligation by commercial bill, letter of credit, letter of guarantee, and delivery guarantee under the Credit Agreement and interest, penalty interest, compound interest, penalty and related expenses;
3.1.3 The loan principal balance and interest, penalty interest, compound interest, penalty and related expenses entrusted of Bank by Party A under trade financing business under the credit agreement;
3.1.4 Under the factoring business, Party B’s (or Applicant's) account receivable and corresponding overdue penalties (fines) transferred to Party A, and/or the fundamental purchase amount (fundamental factoring amount) and related factoring costs paid to Party B (or Applicant) by Party A;
3.1.5 the advances Party A made for Party B (or Applicant) for performance of the obligations of the issuing bank under such letter of credit and the import bill advance and principal balance of the guarantee debts for taking delivery of goods and interest, penalty interest, compound interest, penalty and related expenses incurred for the issuance of such letter of credit, if Party A entrusts the other branch of China Merchants Bank to transfer letter of credit to the beneficiary after Party A opens the letter of credit upon requirement of Party B (or Applicant);
3.1.6 the outstanding balance of the specific business under the original Credit Agreement (No._______) signed by and between Party A and Party B (or Applicant) since the effective date of the agreement (if this article is applicable, please tick the box with a " √ " );
3.1.7 the expenses incurred for the recovering of debt by Party A against Party B (or Applicant) and for the realization of the mort...
Scope of Mortgage Guarantee. 2.1 The scope of mortgage guarantee includes the principal creditor’s rights, interest, liquidated damages, compensation, and all expenses incurred in realizing the creditor’s rights, with an amount of RMB 694,598,000 (including but not limited to litigation costs, notarization fees, arbitration fees, lawyer representation fees, property preservation fees, travel expenses, execution fees, appraisal fees, auction fees, etc.).
2.2 Party A may request Party B to fulfill the debt obligations at any time. When the debtor fails to fulfill its obligations, regardless of whether Party B provides other guarantees to Party A, Party A has the right to directly request Party B to assume the guaranteed responsibility within the scope of the guarantee.
