Common use of The Customer Clause in Contracts

The Customer. Subject matter Pursuant to the New Guarantee Agreement, Chinlink Guarantee agreed to guarantee the settlement by the Customer of the obligation under the New Commercial Factoring Agreement with principal amount of RMB5.0 million (equivalent to approximately HK$5.5 million). Terms of the guarantee The guarantee services shall commence from 14 October 2022 and end on 14 October 2023. In respect of the above arrangements, Chinlink Guarantee shall charge the Customer a guarantee fee of RMB50,000 (equivalent to approximately HK$55,000) which is payable by twelve equal instalments of RMB4,167 each (equivalent to approximately HK$4,583). Counter-guarantee The obligation of the Customer under the New Guarantee Agreement is secured by (i) a personal guarantee granted by the Individual Guarantor; and (ii) a corporate guarantee granted by the Corporate Guarantor, in favour of Chinlink Guarantee.

Appears in 1 contract

Samples: Commercial Factoring Agreement and New Guarantee Agreement

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The Customer. Subject matter Pursuant to the New Guarantee Agreement, Chinlink Guarantee agreed to guarantee the settlement by the Customer of the obligation under the New Commercial Factoring Agreement with principal amount of RMB5.0 RMB6.0 million (equivalent to approximately HK$5.5 HK$6.6 million). Terms of the guarantee The guarantee services shall commence from 14 31 October 2022 and end on 14 31 October 2023. In respect of the above arrangements, Chinlink Guarantee shall charge the Customer a guarantee fee of RMB50,000 RMB60,000 (equivalent to approximately HK$55,000HK$66,000) which is payable by twelve equal instalments of RMB4,167 RMB5,000 each (equivalent to approximately HK$4,583HK$5,500). Counter-guarantee The obligation of the Customer under the New Guarantee Agreement is secured by (i) a the personal guarantee granted by the Individual Guarantor; Guarantor and (ii) a the corporate guarantee granted by the Corporate Guarantor, in favour of Chinlink Guarantee.

Appears in 1 contract

Samples: Factoring Agreement and Guarantee Agreement

The Customer. Subject matter Pursuant to the New Guarantee Agreement, Chinlink Guarantee agreed to guarantee the settlement by the Customer of the obligation under the New Commercial Factoring Agreement with principal amount of RMB5.0 RMB15.0 million (equivalent to approximately HK$5.5 HK$17.6 million). Terms of the guarantee The guarantee services shall commence from 14 October 24 June 2022 and end on 14 October 24 June 2023. In respect of the above arrangements, Chinlink Guarantee shall charge the Customer a guarantee fee of RMB50,000 RMB150,000 (equivalent to approximately HK$55,000HK$175,500) which is payable by twelve equal instalments of RMB4,167 RMB12,500 each (equivalent to approximately HK$4,583HK$14,625). Counter-guarantee The obligation of the Customer under the New Guarantee Agreement is secured by (i) a the personal guarantee granted by the Individual Guarantor; Guarantor and (ii) a the corporate guarantee granted by the Corporate Guarantor, in favour of Chinlink Guarantee.

Appears in 1 contract

Samples: Factoring Agreement and Guarantee Agreement

The Customer. Subject matter Pursuant to the New Guarantee Agreement, Chinlink Guarantee agreed to guarantee the settlement by the Customer of the obligation under the New Commercial Factoring Agreement with principal amount of RMB5.0 RMB3.0 million (equivalent to approximately HK$5.5 HK$3.27 million). Terms of the guarantee The guarantee services shall commence from 14 21 October 2022 and end on 14 21 October 2023. In respect of the above arrangements, Chinlink Guarantee shall charge the Customer a guarantee fee of RMB50,000 RMB30,000 (equivalent to approximately HK$55,000HK$32,700) which is payable by twelve equal instalments of RMB4,167 RMB2,500 each (equivalent to approximately HK$4,583HK$2,725). Counter-guarantee The obligation of the Customer under the New Guarantee Agreement is secured by (i) a personal guarantee granted by the Individual Guarantor; and (ii) a corporate guarantee granted by the Corporate Guarantor, in favour of Chinlink Guarantee.

Appears in 1 contract

Samples: www1.hkexnews.hk

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The Customer. Subject matter Pursuant to the New Guarantee Agreement, Chinlink Guarantee agreed to guarantee the settlement by the Customer of the obligation under the New Commercial Factoring Agreement with principal amount of RMB5.0 RMB15.0 million (equivalent to approximately HK$5.5 HK$17.6 million). Terms of the guarantee The guarantee services shall commence from 14 October 28 June 2022 and end on 14 October 28 June 2023. In respect of the above arrangements, Chinlink Guarantee shall charge the Customer a guarantee fee of RMB50,000 RMB150,000 (equivalent to approximately HK$55,000HK$175,500) which is payable by twelve equal instalments of RMB4,167 RMB12,500 each (equivalent to approximately HK$4,583HK$14,625). Counter-guarantee The obligation of the Customer under the New Guarantee Agreement is secured by (i) a the personal guarantee granted by the Individual Guarantor; Guarantor and (ii) a the corporate guarantee granted by the Corporate Guarantor, in favour of Chinlink Guarantee.

Appears in 1 contract

Samples: Commercial Factoring Agreement and Guarantee Agreement

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