Old Guarantee Agreement II definition

Old Guarantee Agreement II the guarantee agreement dated 10 March 2020 and entered into between Chinlink Guarantee and the Customer in relation to the guarantee of the full settlement of the obligations under a bank loan agreement entered into by the Customer (as the borrower) and a bank (as the lender) in the PRC with principal amount of RMB7.0 million (equivalent to approximately of HK$7.67 million) for a term of 12 months for a guarantee fee of RMB 70,000 (equivalent to approximately HK$76,650)
Old Guarantee Agreement II the guarantee agreement dated 20 December 2019 and entered into between Chinlink Guarantee and the Customer in relation to the guarantee of the full settlement of the obligations under a bank loan agreement entered into by the Customer (as the borrower) and a bank (as the lender) in the PRC with principal amount of approximately RMB4.0 million (equivalent to approximately HK$4.60 million) for a term of 12 months for a guarantee fee of approximately RMB 40,000 (equivalent to approximately HK$46,040) “Previous Transactions collectively, the transactions contemplated under the Old Consultancy Services Agreement I, the Old Consultancy Services Agreement II, the Old Guarantee Agreement I and the Old Guarantee Agreement II
Old Guarantee Agreement II the Leverage Guarantee Agreement dated 8 September 2022 and entered into between Chinlink Guarantee and the Customer in relation to the guarantee of the full settlement of the obligations under the Commercial Factoring Agreement with principal amount of RMB4.0 million (equivalent to approximately HK$4.44 million) for a term of twelve months for a guarantee fee of RMB40,000 (equivalent to approximately HK$44,400) (For details, please refer to the announcement of the Company dated 8 September 2022)

More Definitions of Old Guarantee Agreement II

Old Guarantee Agreement II the Non-Leverage guarantee agreement dated 10 July 2020 and entered into between Chinlink Guarantee and the Customer in relation to the guarantee of the full settlement of the obligations under a bank loan agreement entered into by the Customer (as the borrower) and a bank (as the lender) in the PRC with principal amount of RMB8.0 million (equivalent to approximately of HK$9.6 million) for a term of 12 months for a guarantee fee of RMB80,000 (equivalent to approximately HK$96,000), repayable by twelve equal instalments of approximately RMB6,667 each (equivalent to approximately HK$8,000). The obligation of the Customer under the Old Guarantee Agreement II was secured by (i) the personal guarantees granted by the Individual Guarantor; and (ii) the corporate guarantee granted by the Corporate Guarantor II, in favour of Chinlink Guarantee
Old Guarantee Agreement II the Non-leverage guarantee agreement dated 1 July 2021 and entered into between Chinlink Guarantee and the Customer in relation to the guarantee of the full settlement of the obligations under a bank loan agreement entered into by the Customer (as the borrower) and a bank (as the lender) in the PRC with principal amount of RMB9.0 million (equivalent to approximately HK$10.83 million) for a period from 1 July 2021 to 29 June 2022 for a guarantee fee of RMB90,000 (equivalent to approximately HK$108,270) (For details, please refer to the announcement of the Company dated 1 July 2021) “Old Guarantee Agreement III” the Non-leverage guarantee agreement dated 28 June 2021 and entered into between Chinlink Guarantee and the Customer in relation to the guarantee of the full settlement of the obligations under a bank loan agreement entered into by the Customer (as the borrower) and a bank (as the lender) in the PRC with principal amount of RMB11.0 million (equivalent to approximately HK$13.23 million) for a period from 28 June 2021 to 27 June 2022 for a guarantee fee of RMB110,000 (equivalent to approximately HK$132,330) (For details, please refer to the announcement of the Company dated 28 June 2021) “Previous Transactions collectively, the transactions contemplated under the Old Consultancy Services Agreement I, Old Consultancy Services Agreement II, Old Consultancy Services Agreement III, Old Guarantee Agreement I, Old Guarantee Agreement II and Old Guarantee Agreement III “Non-leverage Guarantee Agreement” financial guarantee agreement for which Chinlink Guarantee is required to place almost the entire portion of the subject bank loan amount plus certain portion of interest as bank deposit to the lending bank as security of the bank loan to be granted to customers. As Chinlink Guarantee takes up and assumes most of the default risk, it would be easier and take shorter processing time for the customer to get the bank approval and therefore, Chinlink Guarantee will charge the customer a higher consultancy fee rate “PRC” the People’s Republic of China which, for the purpose of this announcement, excludes Hong Kong, Macau Special Administrative Region and Taiwan “RMB” Renminbi, the lawful currency of the PRC
Old Guarantee Agreement II the guarantee agreement dated 7 July 2020 and entered into between Chinlink Guarantee and the Customer in relation to the guarantee of the full settlement of the obligations under a bank loan agreement entered into by the Customer (as the borrower) and a bank (as the lender) in the PRC with principal amount of RMB11.0 million (equivalent to approximately of HK$12.49 million) for a term of 12 months for a guarantee fee of RMB110,000 (equivalent to approximately HK$124,850) “Old Guarantee Agreement III” the guarantee agreement dated 10 July 2020 and entered into between Chinlink Guarantee and the Customer in relation to the guarantee of the full settlement of the obligations under a bank loan agreement entered into by the Customer (as the borrower) and a bank (as the lender) in the PRC with principal amount of RMB8.0 million (equivalent to approximately of HK$9.08 million) for a term of 12 months for a guarantee fee of RMB80,000 (equivalent to approximately HK$90,800)

Related to Old Guarantee Agreement II

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F unconditionally guarantying, on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Parent Guarantee means the guarantee of payment of the Securities by the Parent Guarantor pursuant to the terms of this Indenture.

  • guarantee contract means a contract entered into by a person as guarantor;

  • Guaranty and Collateral Agreement means the Guaranty and Collateral Agreement dated as of the date hereof executed and delivered by the Loan Parties, together with any joinders thereto and any other guaranty and collateral agreement executed by a Loan Party, in each case in form and substance satisfactory to the Administrative Agent.

  • Guarantee and Adherence Agreement means the guarantee and adherence agreement pursuant to which the Guarantors shall, amongst other, (i) guarantee all amounts outstanding under the Finance Documents, including but not limited to the Bonds, plus accrued interests and expenses, (ii) agree to subordinate all subrogation claims, and (iii) undertake to adhere to the terms of the Finance Documents.

  • Parent Guaranty means the guaranty of the Parent pursuant to Section 15.