Common use of Supplementary Articles Clause in Contracts

Supplementary Articles. In the efforts to guarantee that the debtor perform his obligation under loan contact sign on Jan. 9, 2004 (contract No. 29041100008 hereinafter as main contract) between Shanghai Wanxing Bio-Pharmaceutical Co., Ltd and Party B of this contract , Party A agrees to act as surety. in order to establish both parties’ rights and liabilities, both parties agreed to enter this contract in accordance with the regulations of <<contract law>>, <<general loan regulation>> and other related bylaws. Article 1. Party A’s representations and warranties 1.1 in accordance with laws of P. R. China, Party A has the qualification to act as surety. 1.2 Party A has the enough financial capability to act as surety. Liabilities of surety shall not be changed by any change of financial conditions or other orders, and shall not be reduced or relieved no matter any others agreements signs by the surety with other parties. 1.3 Party A is in full knowledge of the debtor’s intention of the loan, and wish to act as the surety voluntarily. All the contents under this contract are his true will. 1.4 In case the debtor fails in performing his obligation to return the loan and interest on time, Party B has the right to seek money from Party A. Party A shall authorize Party B to transfer money directly from Party A’s bank account in Party B’s branch.

Supplementary Articles. In the efforts to guarantee that the debtor perform his obligation under loan contact sign on Jan. 912, 2004 (contract No. 29041100008 29041100010 hereinafter as main contract) between Shanghai Wanxing Bio-Pharmaceutical Co., Ltd and Party B of this contract , Party A agrees to act as surety. in order to establish both parties’ rights and liabilities, both parties agreed to enter this contract in accordance with the regulations of <<contract law>>, <<general loan regulation>> and other related bylaws. Article 1. Party A’s representations and warranties 1.1 in accordance with laws of P. R. China, Party A has the qualification to act as surety. 1.2 Party A has the enough financial capability to act as surety. Liabilities of surety shall not be changed by any change of financial conditions or other orders, and shall not be reduced or relieved no matter any others agreements signs by the surety with other parties. 1.3 Party A is in full knowledge of the debtor’s intention of the loan, and wish to act as the surety voluntarily. All the contents under this contract are his true will. 1.4 In case the debtor fails in performing his obligation to return the loan and interest on time, Party B has the right to seek money from Party A. Party A shall authorize Party B to transfer money directly from Party A’s bank account in Party B’s branch.

Supplementary Articles. In the efforts to guarantee that the debtor perform his obligation under loan contact sign on Jan. 9April 23, 2004 2003 (contract No. 29041100008 29031100198101 hereinafter as main contract) between Shanghai Wanxing Bio-Pharmaceutical Co., Ltd and Party B of this contract , Party A agrees to act as surety. in order to establish both parties’ rights and liabilities, both parties agreed to enter this contract in accordance with the regulations of <<contract law>>, <<general loan regulation>> and other related bylaws. Article 1. Party A’s representations and warranties 1.1 in accordance with laws of P. R. China, Party A has the qualification to act as surety. 1.2 Party A has the enough financial capability to act as surety. Liabilities of surety shall not be changed by any change of financial conditions or other orders, and shall not be reduced or relieved no matter any others agreements signs by the surety with other parties. 1.3 Party A is in full knowledge of the debtor’s intention of the loan, and wish to act as the surety voluntarily. All the contents under this contract are his true will. 1.4 In case the debtor fails in performing his obligation to return the loan and interest on time, Party B has the right to seek money from Party A. Party A shall authorize Party B to transfer money directly from Party A’s bank account in Party B’s branch.

Supplementary Articles. In the efforts to guarantee that the debtor perform his obligation under loan contact sign on Jan. 914, 2004 (contract and Jan. 14, 2005(contract No. 29041100008 29041100017, hereinafter as main contract) between Shanghai Wanxing Bio-Pharmaceutical Co., Ltd and Party B of this contract , Party A agrees to act as surety. in order to establish both parties’ rights and liabilities, both parties agreed to enter this contract in accordance with the regulations of <<contract law>>, <<general loan regulation>> and other related bylaws. Article 1. Party A’s representations and warranties 1.1 in accordance with laws of P. R. China, Party A has the qualification to act as surety. 1.2 Party A has the enough financial capability to act as surety. Liabilities of surety shall not be changed by any change of financial conditions or other orders, and shall not be reduced or relieved no matter any others agreements signs by the surety with other parties. 1.3 Party A is in full knowledge of the debtor’s intention of the loan, and wish to act as the surety voluntarily. All the contents under this contract are his true will. 1.4 In case the debtor fails in performing his obligation to return the loan and interest on time, Party B has the right to seek money from Party A. Party A shall authorize Party B to transfer money directly from Party A’s bank account in Party B’s branch.

Supplementary Articles. In the efforts to guarantee that the debtor perform his obligation under loan contact sign on Jan. 912, 2004 (contract No. 29041100008 29041100010, hereinafter as main contract) between Shanghai Wanxing Bio-Pharmaceutical Co., Ltd and Party B of this contract , Party A agrees to act as surety. in order to establish both parties’ rights and liabilities, both parties agreed to enter this contract in accordance with the regulations of <<contract law>>, <<general loan regulation>> and other related bylaws. Article 1. Party A’s representations and warranties 1.1 in accordance with laws of P. R. China, Party A has the qualification to act as surety. 1.2 Party A has the enough financial capability to act as surety. Liabilities of surety shall not be changed by any change of financial conditions or other orders, and shall not be reduced or relieved no matter any others agreements signs by the surety with other parties. 1.3 Party A is in full knowledge of the debtor’s intention of the loan, and wish to act as the surety voluntarily. All the contents under this contract are his true will. 1.4 In case the debtor fails in performing his obligation to return the loan and interest on time, Party B has the right to seek money from Party A. Party A shall authorize Party B to transfer money directly from Party A’s bank account in Party B’s branch.

Supplementary Articles. In the efforts to guarantee that the debtor perform his obligation under loan contact sign on Jan. 9September 15, 2004 2003 (contract No. 29041100008 29031100393 hereinafter as main contract) between Shanghai Wanxing Bio-Pharmaceutical Co., Ltd and Party B of this contract , Party A agrees to act as surety. in order to establish both parties’ rights and liabilities, both parties agreed to enter this contract in accordance with the regulations of <<contract law>>, <<general loan regulation>> and other related bylaws. Article 1. Party A’s representations and warranties 1.1 in accordance with laws of P. R. China, Party A has the qualification to act as surety. 1.2 Party A has the enough financial capability to act as surety. Liabilities of surety shall not be changed by any change of financial conditions or other orders, and shall not be reduced or relieved no matter any others agreements signs by the surety with other parties. 1.3 Party A is in full knowledge of the debtor’s intention of the loan, and wish to act as the surety voluntarily. All the contents under this contract are his true will. 1.4 In case the debtor fails in performing his obligation to return the loan and interest on time, Party B has the right to seek money from Party A. Party A shall authorize Party B to transfer money directly from Party A’s bank account in Party B’s branch.