Common use of Scope of Suretyship Guaranty Clause in Contracts

Scope of Suretyship Guaranty. 2.1 The scope of suretyship guaranty of Party A includes the principal, interest, overdue interest, default interest and compound interest of the Principal Creditor’s Rights, penalty, damages, exchange loss (loss arising from change of exchange rate), and appraisal cost, evaluation cost, auction cost, legal cost, arbitration fee, notarization fee and attorney fee, and other reasonable expenses of Party B for realizing creditor’s rights, and other expenses payable by the Debtor of the Main Contract. 2.2 All expenses except principal within the scope specified in the preceding paragraph shall be included in the scope of guarantee liability bearable by Party A but shall not be included in the maximum amount of creditor’s rights guaranteed hereunder.

Scope of Suretyship Guaranty. 2.1 2.1. The scope of suretyship guaranty of Party A includes the principal, interest, overdue interest, default interest and compound interest of the Principal Creditor’s Rights, penalty, damages, exchange loss (loss arising from change of exchange rate), and appraisal cost, evaluation cost, auction cost, legal cost, arbitration fee, notarization fee and attorney fee, and other reasonable expenses of Party B for realizing creditor’s rights, and other expenses payable by the Debtor of the Main Contract. 2.2 2.2. All expenses except principal within the scope specified in the preceding paragraph shall be included in the scope of guarantee liability bearable by Party A but shall not be included in the maximum amount of creditor’s rights guaranteed hereunder.