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英文涉外借貸合同

英文涉外借貸合同

  (5) the borrower breached contract which is between the borrower and other creditors.

  ii. the borrower hereby warrants as follows:

  1. using the capital of the loan as usage set forth in this contract, the borrower will not use the loan as equity investment; the borrower will not use the capital of the loan invest in security, future, real estate etc. the borrower will not lend to the others privately or involving other maters which is prohibited by the country. the borrower will not misusing or appropriation of the loan.

  2. making payment and related expenses in accordance with the provisions set forth in this contract;

  3. providing updated financial statement or financial bulletin every quarter; providing the audited financial report at the first quart of each year; providing operation report, financial report or other files and materials and shall warrant the reality, correct and effectiveness for the files and materials;

  4. any anti-guaranty or other similar documents will not make any impact on the rights and benefits of the lenders;

  5. accepting the supervision of the lender, provides assistance and cooperation for the lenders supervisions;

  6. will not reduce the registration capital; prior approval from the lender shall be required when the borrower changes of shareholders and operation manner(including but not limited to joint venture, cooperation, jointly cooperation; dissolution, closedown, liquidation, transformation; merger; change to share company, use the housing, machinery or other real assets or trademark, intellectual property, knowhow, landing using rights or other intangible assets to invest in share company or investment company, trading of operation right or own right by contracting, joint operation, trusteeship)

  7. the borrower shall inform the lender and warrants the liability under its security will not more than net assets of the borrower when the borrower guarantee for other party or mortgage its assets. the borrower warrants that will not dispose the assets which will make adverse impact on its ability of paying debts.

  8. the borrower will not pay the other similar loans prior to the lender;

  9. the borrower warrants to inform the lender immediately when the following events occurred:

  (1) the event of breach of contract under this contract or other loan or guaranty contracts between the borrower and any branches of bank of china or other banks, non-bank financial organization;

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