Letter of entrustment and guarantee commitmentLetter of Entrustment and Guarantee Commitment • October 31st, 2023 • Pop Culture Group Co., LTD • Services-amusement & recreation services
Given the industrial and commercial bank of China co., LTD., Guangzhou fangcun branch (hereinafter referred to as “financial institutions”) will sign with the company the management fast loan contract (number: 0360200111-2022 (fangcun) bear fast loans-00045) (hereinafter referred to as the “loan contract”), financial institutions will provide the company with principal worth ten thousand yuan (lower case: selections 50L_ ten thousand yuan, capital amount is inconsistent, in capital amount) borrowing, loan term does not exceed 12 months. The Company hereby makes an irrevocable application and entrusts you to provide joint and several liability guarantee to financial institutions for the performance of the principal and interest repayment obligations stipulated in the Loan Contract. In order to clarify the relevant matters, the Company irrevocably makes the following confirmation and commitments:
