Cooperative Agreement on Close Management of Fixed Asset Loan ProjectSkechers Usa Inc • November 2nd, 2018 • Footwear, (no rubber)
The following agreement is hereby entered into by both parties through friendly negotiation for ensuring the performance of No._XTC-2018-1270-0045_ Loan Contract for Fixed Assets (hereinafter referred to as Loan Contract) and its warranty contract, perfecting agreement on rights and obligations between both parties, seeing to it that the loan granted by Party B and Party A’s equity fund for such project are all used for the construction of new distribution center of Skechers Taicang Trading and Logistics Co., Ltd. project (hereinafter referred to as the development project), guaranteeing the scheduled completion of project, making sure that there are sufficient repayment sources for Party B’s loan, and promising the credit fund will be used for specialized purpose and under close operation:
Loan Contract for Fixed AssetsSkechers Usa Inc • November 2nd, 2018 • Footwear, (no rubber)
Whereas Party A needs to construct the new Skechers Logistics Center, Party A applies for the loan from Party B and Party B hereby agrees to grant the loan to Party A. In accordance with the relevant laws, regulations and rules, Party A and Party B enter into the Contract by consensus for the abidance of both Parties.
