Comprehensive Credit Facility Agreement of Maximum Amount ("Credit Facility Agreement") Entered into by and between Shenzhen BAK Battery Co., Ltd ("the Debtor") and Shenzhen Eastern Branch, Agricultural Bank of China (the "Creditor") Dated November...China Bak Battery Inc • February 9th, 2010 • Miscellaneous electrical machinery, equipment & supplies
If any of the following occurs, the Creditor is entitled to demand adjustment of the maximum amount of credit facilities:
Comprehensive Credit Facility Agreement of Maximum Amount (“Credit Facility Agreement”) Entered into by and between Shenzhen BAK Battery Co., Ltd (“the Debtor”) and Shenzhen Longgang Branch, Shenzhen Development Bank (the “Creditor”) Dated December...China Bak Battery Inc • February 9th, 2010 • Miscellaneous electrical machinery, equipment & supplies
Remedies in the event of breach of contract include adjustment of the credit amount, suspension of credit, imposition of punitive interest and overdue interest, an increase of guarantee deposit and the call back of loan principal and interest before maturity.
Summary of Mortgage Contract of Maximum Amount ( the “Contract”) Entered into by and between Shenzhen BAK Battery, Co., Ltd (the “Mortgager”) and Shenzhen Eastern Branch, Agricultural Bank of China (the “Creditor”) Dated November 26, 2009 Main contents:China Bak Battery Inc • February 9th, 2010 • Miscellaneous electrical machinery, equipment & supplies
In order to guarantee the indebtedness of Shenzhen BAK Battery Co., Ltd. (the “Obligor”) towards the Creditor under the Comprehensive Credit Facility Agreement of Maximum Amount (reference no.: 81001200913170001) from November 26, 2009 to October 22, 2010, the Mortgager agrees to pledge its property to the Creditor.
Comprehensive Credit Facility Agreement of Maximum Amount (“Credit Facility Agreement”) Entered into by and between BAK International (Tianjin) Limited (“the Company”) and Tianjin Branch, Bank of Dalian (the “Creditor”) Dated November 27, 2009 Main...Comprehensive Credit Facility Agreement • February 9th, 2010 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies
Interest rate will equal to the PBOC’s benchmark rate on the date of the loan agreement under this Credit Facility Agreement;
Comprehensive Credit Facility Agreement of Maximum Amount ("Credit Facility Agreement") Entered into by and between Shenzhen BAK Battery Co., Ltd (the "Company") and Shenzhen Hi-Tech District Branch, Industrial Bank CO. Ltd (the "Creditor") Dated...China Bak Battery Inc • February 9th, 2010 • Miscellaneous electrical machinery, equipment & supplies
Remedies in the event of breach of contract include adjustment of the credit amount, suspension of credit, imposition of punitive interest and overdue interest, an increase of guarantee deposit and the call back of loan principal and interest before maturity.
