Second-Hand Real Estate Sales Contract of Shenzhen MunicipalitySecond-Hand Real Estate Sales Contract • April 26th, 2016 • Global Sources LTD /Bermuda • Services-advertising
For the purpose of protecting legitimate rights and interests of the vendor and the purchaser, parties are recommended to read the following contents carefully before executing this contract:
The Supplementary Agreement of Assignment of Property of the 50th Floor of Shenzhen International Chamber of Commerce TowerSupplementary Agreement of Assignment of Property • April 26th, 2016 • Global Sources LTD /Bermuda • Services-advertising
Whereas Party A and Party B have executed eight (8) sets of Second-Hand Real Estate Sales Contract of ShenZhen Municipality (hereinafter referred to as “Sales Contract”) pertaining to the transaction for the eight (8) units of the 50th Floor of Shenzhen International Chamber of Commerce Tower, numbered 5001, 5002, 5003, 5005, 5006, 5008, 5009, and 5010 respectively (hereinafter referred to as “Property”), which provides that the total price of the transaction is RMB 134,506,970 (hereinafter referred to as “Price”).
Escrow Agreement of the Transaction Funds for Property Sale and PurchaseEscrow Agreement • April 26th, 2016 • Global Sources LTD /Bermuda • Services-advertising
To ensure that the vendor and the purchaser can complete the transaction of property transfer smoothly in the market of selling and buying the existing properties, upon the joint application by Party A and Party B, Party C hereby agrees that Party B will remit the funds for buying the property under the property transfer agreement (“Transaction Funds”) into the escrow account designated hereunder, and such Transaction Funds will be jointly escrowed and controlled by Party A, Party B and Party C. Therefore the three parties hereby agree to enter into and jointly comply with this agreement (“Agreement”):
Letter of AgreementLetter of Agreement • April 26th, 2016 • Global Sources LTD /Bermuda • Services-advertising
Party B: Shenzhen Sihai Hengtong Investment Holding Group Co., Ltd. Company Registration No.: 440301109864653 Authorized Representative: Huang Chunxiang Party C: Shenzhen Sihai Hengtong Property Co., Ltd. Company Registration No.: 440301109337146 Authorized Representative: Huang Chunxiang
Tripartite Escrow AgreementTripartite Escrow Agreement • April 26th, 2016 • Global Sources LTD /Bermuda • Services-advertising
This Tripartite Escrow Agreement (hereinafter referred to as “Agreement”) is executed on 8th July 2015 by the following parties in Shenzhen, PRC:
Letter of AgreementLetter of Agreement • April 26th, 2016 • Global Sources LTD /Bermuda • Services-advertising
Party B: Shenzhen Sihai Hengtong Investment Holding Group Co., Ltd. Company Registration No.: 440301109864653 Authorized Representative: Huang Chunxiang Party C: Shenzhen Sihai Hengtong Property Co., Ltd. Company Registration No.: 440301109337146 Authorized Representative: Huang Chunxiang
