Statement and Guarantee. Such following statement and Guarantee shall be made to Lender, which remaining valid within the duration of the Contract. 6.1 The Borrower is duly organized and valid under the law of the People’s Republic of China and has the power and authority to own its property to consummate the transactions contemplated in this contract and join the litigation, The Borrower has the power to handle it assets used in operation.
Appears in 4 contracts
Samples: Loan Agreement (BTHC XV, Inc.), Loan Agreement (BTHC XV, Inc.), Loan Agreement (BTHC XV, Inc.)
