Agreement on Maximum Accounts Receivable Pledge for Credit Line Loan [Unofficial English Translation]Maximum Accounts Receivable Pledge Agreement • June 2nd, 2020 • UTime LTD • Electronic & other electrical equipment (no computer equip)
Whereas Party A is willing to provide maximum amount pledge guarantee for a series of debts of the Debtor under the Contract for Credit Line Loan (hereinafter referred to as the Contract for Credit Line Loan) with the No. of J.2020 E.17609 Q.H. signed by Party B and United Time Technology Co., Ltd. (hereinafter referred to as the “Debtor”), according to relevant laws, regulations and rules, Party A and Party B have reached an agreement through negotiation to conclude this Contract for mutual compliance.
