Contract for Tax Refund VAT Account Pledge (English Translation) (No.150339028D16122001-2)Contract for Tax Refund Vat Account Pledge • May 4th, 2017 • Aleris Corp • Secondary smelting & refining of nonferrous metals
To guarantee the performance of obligations under "Master Contract" referred to in Article 1 hereunder, the Pledgor agrees to pledge to the Pledgee the tax refund VAT account expressly provided in Article 4, which the Pledgor owns and has the lawful right of disposition, and undertakes to secure the Pledgee’s creditor’s rights using the funds in such account. The Parties agree to enter into this Contract through mutual consultation. Unless otherwise provided herein, the terms of this Contract shall be construed in accordance with the Master Contract.
