Loan Agreement
Exhibit
10.76
This
Agreement is entered into in Anyang City on 31 March 2010, by and
between:
Lender:
Anyang Huichang Coal Washing Co., Ltd
Borrower:
Henan Shuncheng Group Coal Coke Co., Ltd
Article
1 Loan
The
Lender and the Borrower hereby confirms that the outstanding balance of loan
provided by the Lender to the Borrower is RMB 169053092.36 (the “Loan”) as of 31
March 2010.
Article
2 Interest
Parties
hereof agree that any loan provided by the Lender to the Borrower is free of any
interest.
Article
3 Governing Law and Dispute Settlement
This
Agreement is subject to laws and regulations of the People’s Republic of China.
In case there is any dispute arising from this Agreement, Parties hereof shall
settle it through friendly negotiation; if a settlement fails to be reached,
each party to this Agreement may submit the dispute to the competent court for a
decision.
Article
4 Coming into Effective
This
Agreement shall come into effective upon execution by parties hereof. This
Agreement is executed in duplicate, one for each party.
(No Text
Below)
This page
is only for signature:
Lender:
Anyang Huichang Coal Washing Co., Ltd
(Company
seal)
Legal
Representative/
Authorized
Representative: /s/ Xxxx Xxxxxxxxx
Borrower:
Henan Xxxx Xxxxx Group Coke Co., Ltd
(Company
seal)
Legal
Representative/
Authorized
Representative: /s/ Xxxx Xxxxx
