Guaranty Agreement for RMB 3,000,000 Loan between Changzhou Kaikai Lighting Co., Ltd. and Jiangsu Wujin Rural Commercial Bank, Guaranteed by Changzhou City Wujin Best Electronic Cables Co., Ltd., Wang Kai, and Yao Qin

Contract Categories: Business Finance › Guaranty Agreements
Summary

This agreement outlines a guaranty for a RMB 3,000,000 loan provided by Jiangsu Wujin Rural Commercial Bank to Changzhou Kaikai Lighting Co., Ltd. The loan is guaranteed by Changzhou City Wujin Best Electronic Cables Co., Ltd., Wang Kai, and Yao Qin. The guaranty is valid for two years, from September 21, 2011, to September 20, 2013. The guarantors agree to fulfill the borrower's obligations if the borrower defaults. The contract also includes covenants, dispute resolution terms, and acknowledgments of validity by the guarantors.

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EX-10.43 19 exhibit10-43.htm EXHIBIT 10.43 China Green Energy Industries, Inc.: Exhibit 10.43 - Filed by newsfilecorp.com

Exhibit 10.43

Guaranty Obligations Pre-maturity Covenants between the Parties Dispute Resolution Validity Acknowledgments by the Guarantors Summary of Guaranty Contract of RMB 3,000,000, with a term of 2 years from September 21, 2011 to September 20,2013, between Changzhou Kaikai Lighting Co., Ltd, and Jiangsu Wujin Rural Commercial Bank , guaranteed by Changzhou City Wujin Best Electronic Cables Co., Ltd., Wang Kai and Yao Qin.