Building Mortgage and Loan Agreement No: 2005 Nian (Jing He Ping) Fang Di Jie Zi No.001Building Mortgage and Loan Agreement • August 22nd, 2006 • New Oriental Education & Technology Group Inc.
Party A, Party B and Party C jointly agree that Party B shall provide a loan term to Party A as part of Party A’s purchase price for the property described in Article 3 of this Agreement. Party A agrees to mortgage such property to Party B, as a security for the repayment of the loan under this Agreement. Party C voluntarily and irrevocably undertakes joint and several guarantee liability under this Agreement.
