Liquid Capital Loan ContractYongye International, Inc. • March 17th, 2014 • Agricultural chemicals
China Development Bank Domestic Factoring Financing Contract (With Recourse) (No. 1510201301400078488) (This Is a Selective and Summary Translation for Reference Only)Yongye International, Inc. • March 17th, 2014 • Agricultural chemicals
Whereas, the factoring financing applicant Inner Mongolia Yongye Nongfeng Biotech Co., Ltd. (hereinafter, the “Seller”) proposes to adopt the sell-on-credit method in selling goods and services to the Buyers (the Seller’s trading partners) hereunder and agrees to transfer the corresponding accounts receivable to China Development Bank (Inner Mongolia Branch) (hereinafter, “CDB”) for recourse factoring financing from CDB.
Loan ContractLoan Contract • March 17th, 2014 • Yongye International, Inc. • Agricultural chemicals
To meet the need of its production operation, Party B applies to Party A for liquid capital loan. Upon review, Party A agrees to issue this loan. Therefore, pursuant to the provisions of the relevant law, Party A and Party B, after full consultation, has reached the agreement on the provisions set forth below and entered into this contract.
