Asset Pledge AgreementAsset Pledge Agreement • April 16th, 2018 • Sohu Com Inc • Services-computer processing & data preparation • Hong Kong
Whereas, Party A and Party B or the credit applicant, Beijing Sohu New Media Information Technology Co., Ltd. (full name), entered into the Credit Facility Agreement (Contract No.: Bei Shou Zi [2018] No. 007) (hereinafter referred to as the “Credit Facility Agreement”). Party A agrees that, during the term of credit extension (namely, the term for determining the creditor’s rights) as agreed in the Credit Facility Agreement, Party A will grant to Party B (or credit applicant) a credit line (hereinafter referred to as the “Credit Line”) of RMB (currency) seven hundred million yuan (in words) (including equivalent amounts in other currencies).
Credit Facility Agreement (for working capital loan without signing a loan contract)Credit Facility Agreement • April 16th, 2018 • Sohu Com Inc • Services-computer processing & data preparation
Upon application of Party B, Party A agrees to provide credit facility to Party B for the latter’s use. Party A and Party B hereby enter into this agreement upon full consultation according to relevant laws and regulations.
