Guaranty Agreement 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 is a guaranty contract for a loan of RMB 3,300,000 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 guarantors agree to fulfill the borrower's obligations if the borrower defaults. The contract is valid for two years, from November 14, 2011, to November 13, 2013, and includes terms on dispute resolution and the responsibilities of the guarantors.

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EX-10.45 21 exhibit10-45.htm EXHIBIT 10.45 China Green Energy Industries, Inc.: Exhibit 10.45 - Filed by newsfilecorp.com

Exhibit 10.45

Guaranty Obligations Pre-maturity Covenants between the Parties Dispute Resolution Validity Acknowledgments by the Guarantors Summary of Guaranty Contract of RMB 3,300,000, with a term of 2 years from November 14, 2011 to November 13, 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.