No.: Zhong Lv Bao Di Zi 2012 [024-2] Counter-Guarantee (Mortgage) Agreement Mortgagor (Party A): Daqing Borun Biotechnology Co., Ltd. Mortgagee (Party B): Zhong Lv Credit Guarantee Co., Ltd. Counter-Guarantee (Mortgage/Pledge) AgreementCounter-Guarantee (Mortgage) Agreement • April 24th, 2013 • CHINA NEW BORUN Corp • Malt beverages
To secure the realization of the short-term loan for the cereals & oils of the leading enterprises in the agribusiness, equal to RMB 50 million, which is applied by Daqing Borun Biotechnology Co., Ltd. ("the Debtor") with Daqing Branch of Agricultural Development Bank of China ("the Creditor") during the period from [], and in the mean time to secure Party B's exercise of right of recourse, as well as according to the "Entrustment Agreement on Guarantee" (No.: Zhong Lv Wei Bao Zi 2012[024]) signed between the Debtor and Zhong Lv Credit Guarantee Co., Ltd., Party A is willing to provide a counter-guarantee (mortgage) to Party B, therefore, the Parties enter into this Counter-guarantee Agreement ("this Agreement") via equal negotiations.
Guaranty Contract (Counter Security)Guaranty Contract • April 24th, 2013 • CHINA NEW BORUN Corp • Malt beverages
In order to ensure the actual performance of the debtor’s obligations under the Loan Contract (23060550-2012 (Qing Ying) Zi No 0038) (the “Master Contract”) entered into on September 14 2012 between Daqing Borun Biotechnology Co., Ltd (the “Debtor”) and Daqing Branch of Agricultural Development Bank of China (the “Creditor”), and the Contract of Entrustment of Security (Ze Yu Wei Bao Zi 2012 No.1) entered into with Party B, and to ensure the realization of the Creditor’s rights and Party B’s rights, Party A is willing to provide guaranty to Party B as the counter security. For purpose of defining the rights and obligations of both parties, upon the equal negotiation and agreement, the parties have entered into this contract according to the Contract Law of the People’s Republic of China and the Security Law of the People’s Republic of China and other laws and regulations.
No.: Zhong Lv Bao Di Zi 2012 [024-3] Counter-Guarantee (Mortgage) Agreement Mortgagor (Party A): Daqing Borun Biotechnology Co., Ltd. Mortgagee (Party B): Zhong Lv Credit Guarantee Co., Ltd. Counter-Guarantee (Mortgage/Pledge) AgreementCounter-Guarantee (Mortgage) Agreement • April 24th, 2013 • CHINA NEW BORUN Corp • Malt beverages
To secure the realization of the short-term loan for the cereals & oils of the leading enterprises in the agribusiness, equal to RMB 50 million, which is applied by Daqing Borun Biotechnology Co., Ltd. ("the Debtor") with Daqing Branch of Agricultural Development Bank of China ("the Creditor") during the period from [], and in the mean time to secure Party B's exercise of right of recourse, as well as according to the "Entrustment Agreement on Guarantee" (No.: Zhong Lv Wei Bao Zi 2012[024]) signed between the Debtor and Zhong Lv Credit Guarantee Co., Ltd., Party A is willing to provide a counter-guarantee (mortgage) to Party B, therefore, the Parties enter into this Counter-guarantee Agreement ("this Agreement") via equal negotiations.
