Common Contracts

2 similar Debt Transfer Agreement contracts by China Auto Rental Holdings Inc.

Debt Transfer Agreement
Debt Transfer Agreement • April 3rd, 2012 • China Auto Rental Holdings Inc. • Services-auto rental & leasing (no drivers)

WHEREAS the Transferor becomes the creditor of the Debtor due to business transactions, and as of 29 February 2012, the Debtor owed RMB 8,171,777.78 in total to the Transferor (hereinafter the “Debts”), the Transferor, the Transferee and the Debtor hereby reach an agreement consenting the Transferor to transfer the Debts to the Transferee at the same value. Effective from 29 February 2012, the Transferee shall become the creditor of such Debts, and the Debtor shall repay such Debts to the Transferee.

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Debt Transfer Agreement
Debt Transfer Agreement • March 26th, 2012 • China Auto Rental Holdings Inc. • Services-auto rental & leasing (no drivers)

WHEREAS the Transferor becomes the creditor of the Debtor due to business transactions, and as of 29 February 2012, the Debtor owed RMB 8,171,777.78 in total to the Transferor (hereinafter the “Debts”), the Transferor, the Transferee and the Debtor hereby reach an agreement consenting the Transferor to transfer the Debts to the Transferee at the same value. Effective from 29 February 2012, the Transferee shall become the creditor of such Debts, and the Debtor shall repay such Debts to the Transferee.

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