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 Branch,
Bank of
China (the
“Creditor”) Dated March 4th, 2009
Main
articles:
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Contract
number: Zhenzhongyin Exiezi 000024;
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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 4th,
2009 to February 3rd,
2010.
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Purpose
of the loan is to provide working capital for the
Debtor;
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Remedies
in the event of breach of contract include adjustment of the credit
amount, suspension of credit, imposition of punitive interest and overdue
interest, an increase of guarantee deposit and the call back of loan
principal and interest before
maturity.
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Headlines
of the articles omitted
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Procedure
on using the comprehensive credit
facility
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Guarantee
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Declaration
and promise of the Debtor
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Transferring
of the credit facility under the maximum
amount
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Disputation
settlement
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Fee
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Attachment
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Validity
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Notification
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