Contract
Comprehensive Credit
Facility Agreement of Maximum Amount (“Credit Facility
Agreement”)
Entered into by and between Shenzhen BAK Battery Co., Ltd (“the Debtor”) and Shenzhen Nanshan Branch, China Everbright
Bank (the
“Creditor”) Dated January 21st, 2009
Main
articles:
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Contract
number: ZH78240901003;
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Maximum
amount of credit facilities to be provided: XXX 000
xxxxxxx;
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X
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Xxxx:
from March 30th,
2009 to March 30th,
2010;
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Purpose
of the loan is to provide working capital for the
Company;
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Interest
rate will be determined in each loan agreement to be signed under this
Credit Facility Agreement;
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Breach
of contract penalties: correct the breach of contract in time limit;
suspension of loan unprovided; demand prepayment of loan principal
and interest before maturity; adjustment of the maximum amount of
credit facilities.
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Headlines
of the articles omitted
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Identification
of terms
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Terms
of credit
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The
procedure on using the comprehensive credit
facility
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Guaranty
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The
promise of the Creditor
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The
promise of the Debtor
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Validity
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Disputation
settlement
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The
integrity of Credit Facility
Agreement
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Supplement
articles
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Notification
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