Commodity Financing Pledge Supervision Agreement (For rolling pledge) Industrial and Commercial Bank of China Co., Ltd. Jiangsu Yuanli Ruide Assets Supervision Co., Ltd.Financing Pledge Supervision Agreement • April 25th, 2007 • China Sunergy Co., Ltd.
Party A and Party B have signed the No. “Commodity Financing Pledge Contract” (hereinafter referred to as “Pledge Contract”). In order to ensure the performance of the Pledge Contract and the guaranteed Master Contract, Party B agrees that the goods it has ownership over are pledged to Party A, Party A and Party B agree that the pledged property is entrusted to Party C for supervision and Party C agrees to accept Party A’s entrustment and supervise the pledged property as per Party A’s instructions.
