Document:

ex10-44.htm

Exhibit 10.44

 

 

 

 

 

 

Pledge Contract of Rights 

 

 

 

 

 

 

 

 

Pledgor (Party A): Northern Altair Nanotechnologies Co., Ltd.  

 

Domicile (address): North Dongzhuchang Village, Wu'an City 

 

Legal representative: Wei Guohua 

 

 

 

 

 

 

 

 

Pledgee (Party B): Wu'an Branch of Bank of Handan Co., Ltd.   

 

Domicile (address): Intersection of Kuangjian Road and Guangming Street in Wu'an City 

 

Legal representative (person in charge): Wang Qingbo 

 

 

 

 

 

For ensuring the actual performance of the obligations of the Borrower under the Loan Contract, No. xd201605063389, signed at ___ (YYYY) (hereinafter referred to as the Master Contract) by Northern Altair Nanotechnologies Co., Ltd. (Borrower) and Party B under this Contract on May 6, 2016, Party A agrees to offer pledge guarantee to Party B. For specifying the rights and obligations of both parties, Party A and Party B reach an agreement through equal consultation to conclude this Contract in compliance with China's Contract Law, Guarantee Law and relevant laws and regulations. 

 

Article 1      Representations and Warranties of Party A 

 

1.1 Party A is a complete, valid and legal owner of the pledged rights under this Contract or a business manager authorized by the state; there is no dispute for the pledged rights in terms of ownership or business management right under this Contract. 

 

1.2 Party A is fully aware of the loan purpose of the Borrower in the Master Contract and willing to offer pledge guarantee to the Borrower under the Master Contract of its own free shall. All representations under this Contract are true. 

 

1.3 The rights under this Contract can be pledged in compliance with the law; Pledge under this Contract shall not be subject to any limitations; 

 

Article 2      Type and Amount of the Guaranteed Principal Creditor's Rights 

 

2.1 The principal Creditor's rights guaranteed under this Contract is the loan issued by Party B in compliance with the Master Contract in the amount of RMB Thirty Five Million. 

 

Article 3      Term of Performance of Obligations by the Borrower in the Master Contract 

 

3.1 The term of performance of obligations by the Borrower in the Master Contract is 5 months, from May 6, 2016 to September 16, 2016. Any change shall be subject to the agreement in the Master Contract. 

 

Article 4      Scope of Pledge Guarantee 

 

4.1 The scope of pledge guarantee by Party A includes: principal of the loan, interest, interest penalty, compound interest, liquidated damages, compensation, storage expenses, expenses for realizing the pledge rights (including but not limited to court acceptance fees, lawyer's fees, property preservation fees, valuation fees, etc.) and all other payables under the Master Contract. 

 

Article 5      Pledged Rights 

 

5.1 See the List of Pledged Rights for detailed rights used for pledge under this Contract. 

 

5.2 The value of the pledged rights agreed by Party A and Party B upon signing this Contract shall neither be deemed as the basis for appraisal when Party B disposes the right nor constitute any restrictions for Party B to exercise the pledge rights. 

 

Article 6      Transfer of the Documents of the Pledged Rights 

 

6.1 Party A shall deliver the documents of title and other relevant data of the pledged rights under this Contract to Party B for storage before May 6, 2016. Party B shall issue a certificate of acceptance to Party A after inspection. 

 

6.2 After the Borrower performs the principal debts, Party B shall return the documents of title and other relevant data to Party A in time. 

 

Article 7      Pledge Registration 

 

7.1 In case that the pledge shall be registered in compliance with relevant laws and regulations, Party A and Party B shall handle the registration procedures for the right pledge in appropriate authorities within 15 days after the signing date of this Contract. 

 

7.2 In case of any change occurring in the items of pledge registration and the registration needs to be modified in compliance with the law, Party A and Party B shall handle the procedures of modification registration in relevant Mortgagee registration authorities within 15 days after the change date of the registration items. 

 

 

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Article 8      Realization of pledge right 

 

8.1 Upon the expiration of the term of the performance of principal debts or occurrence of conditions for realizing pledge rights agreed by both parties, Party B is entitled to negotiate with Party A to convert the pledged property into money for compensating the debts owed by the Borrower in the Master Contract or auction off the pledge property, and the amount gained from selling the pledged property shall be used for compensation in priority. 

 

8.2 If Party B disposes the rights in compliance with this Contract, Party A shall cooperate and shall not set up any obstacles. 

 

Article 9      Liquidation before Expiration or Drawing 

 

9.1 In case that the date of maturity or delivery of the documents of title such as negotiable securities, warehouse receipts, bill of lading under this Contract is due prior to the expiration date of the Master Contract, Party B can cash the documents or pick up the goods before the expiration date of the Master Contract and negotiate with Party A to pay off the guaranteed debts in advance with the amount gained from cashing the documents or picked-up goods or have the money escrowed by a third party agreed by both parties and the escrow expenses shall be covered by Party A. 

 

9.2 With the consent of Party B, Party A can transfer the stocks under this Contract. But the amount gained from the transfer of the stocks shall be paid off the guaranteed debts in advance to Party B or escrowed by a third party agreed by both parties and the escrow expenses shall be covered by Party A. 

 

9.3 With the consent of Party B, Party A can transfer or permit others to use the exclusive right to use trademarks, patent rights and property rights of publications under this Contract. But the transfer fees and the license fees gained from the transfer of the stocks shall be used to pay off the guaranteed debts in advance to Party B or escrowed by a third party agreed by both parties and the escrow expenses shall be covered by Party A. 

 

Article 10      The rights and obligations of Party A 

 

10.1 Party A shall cover all relevant expenses under this Contract, including but not limited to expenses for lawyer service, authentication, appraisal, registration, transfer, storage and lawsuits. 

 

10.2 During the validity period of this Contract, without the consent of Party B, Party A shall not present, transfer or dispose in any form the rights under that Contract. 

 

10.3 In case that the pledge rights suffer or are likely to suffer damage from any third parties, Party A is obliged to notice and assist Party B to be free from damage. 

 

10.4 In case of any of the following situations, Party A shall notice Party B in writing: 

 

10.4.1 Implement of contracting, lease, shareholding reform, joint operation, incorporation, merger and separation and joint venture and cooperation with foreign business; 

 

10.4.2 Modification of business scope and registered capital and stock right transfer; 

 

10.4.3 Existence of connected relationship and related transaction; 

 

10.4.4 Deterioration of financial condition or involvement in major economic disputes; 

 

10.4.5 Dispute of ownership of the pledged rights 

 

10.4.6 It is subject to bankruptcy, discontinuation of business, dissolution, business suspension for rectification, business license being revoked or cancelled; 

 

10.4.7 Changes of address, telephone number and legal representatives. 

 

 

-2-

 

 

10.5 In case of situations of 10.4.1 and 10.4.2, Party A shall notice Party B at least 30 days in advance; in case of other situations in preceding clauses, Party A shall notice Party B within 5 days after the events. 

 

10.6 If Party B has transferred the principal Creditor's rights to a third person in compliance with the laws, Party A shall undertake the guarantee liabilities within the scope of the original pledge guarantee. 

 

10.7 If Party B and the Borrower have reached an agreement to change the Master Contract, no need of the consent of Party A, Party A shall still undertake the liabilities within the scope of the pledge guarantee confirmed by this Contract except for extension and increasing the loan amount. 

 

10.8 After the Borrower pays off all the debts under the Master Contract, Party A no longer undertakes any guarantee liabilities. 

 

Article 11      Rights and Obligations of Party B 

 

11.1 In case of any of the following situations, Party B can dispose the pledged properties in advance and be compensated in priority with gained amount: 

 

11.1.1 Terminate the Master Contract according to the agreement of the Master Contract or legal provisions; 

 

11.1.2 Recover loan in advance in accordance with other situations stipulated in the Master Contract and the Creditor's rights under the Master Contract have not been realized or fully realized. 

 

11.2 Party B is entitled to require Party A to assist to prevent the damage of pledge rights from any third parties. 

 

11.3 Party B is entitled to receive any interests arising from the pledge rights. 

 

11.4 Party B has the obligations to well keep the documents of title. 

 

11.5 When transferring the principal Creditor's rights in compliance with the laws within the validity period of this Contract, Party B shall notice Party A in time. 

 

11.6 In case any balance left after paying off all the debts in the scope of the pledge guarantee under this Contract, Party B shall return it to Party A. 

 

Article 12      Liability for Breach of Contract 

 

12.1 If Party A has made false representations and statements in Article 1 under this Contract, which causes losses to Party B, Party A shall indemnify Party B. 

 

12.2 After this Contract comes into effective, both Party A and Party B shall comprehensively perform the obligations stipulated in this Contract. Any party fails or partly fails to perform the obligations stipulated in this Contract shall assume related liabilities for breach of contract and indemnify the other party for losses caused herein. 

 

12.3 In case of the invalidity of this Contract due to faults attributable to Party A, Party A shall assume the civil liabilities related to the faults. 

 

Article 13      Execution, modification, cancellation and termination of the Contract 

 

13.1 This Contract shall come into effect from the date of the documents of the pledged rights being transferred to Party B for occupation upon signed and sealed by both Party A and Party B. If the Contract needs to be registered in compliance with laws and regulations, it shall come into effect from the date of registration. 

 

13.2 Validity period of this Contract shall be: from the effective date of this Contract to the liquidation date when the principal of the loan, interest, compound interest, liquidated damages, compensation, expenses for realizing the Creditor's rights and all other payables under the Master Contract are paid off. 

 

 

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13.3 If the Master Contract is invalid, Party A shall not only assume the related civil liabilities in accordance with its faults, but also assume the liabilities of the pledge guarantee for the civil liabilities assumed by the Principal Debtor. 

 

13.4 Upon this Contract coming into effect, any party shall not unilaterally alter or terminate this Contract. For example, if there is the need to modify or terminate this Contract, a written agreement shall be concluded based on the consent of both parties. Before the written agreement is reached, the clauses of this Contract shall remain valid. 

 

Article 14      Dispute settlement 

 

14.1 If any dispute arises in the process of the performance of this Contract, both parties shall make settlement through negotiation. In case of failure of negotiation, the dispute shall be settled in the way stipulated in 14.1.2: 

 

14.1.1 It shall be submitted to _______________________________ for arbitration; 

 

14.1.2 It shall be solved in the local court of Party B through lawsuit. 

 

 

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Article 15      Other matters agreed by both parties. 

 

15.1      ____________________________________________________________ 

 

15.2      ____________________________________________________________ 

 

15.3      ____________________________________________________________ 

 

 

Article 16      Appendix 

 

16.1 The Appendix hereto shall be an inseparable part of this Contract and have an equal effect with the main body of this Contract. 

 

16.2 The appendixes of this Contract shall include: 

 

Appendix I: List of the Pledge 

 

Appendix II: 

 

Article 17      Supplementary Provisions 

 

17.1 The original of this Contract is in duplicate, each Party holding one, sharing the same legal effect. 

 

 

 

 

	
Party A (official seal): 
	
Party B (official seal): 

	 	 
	
Legal representative: 

(or entrusted agent) 
	
Legal Representative (or person in charge): 

(or entrusted agent) 

	 	 
	
May 6, 2016 
	
May 6, 2016 

 

Wu'an Branch of Bank of Handan Co., Ltd. (seal) 

 

 

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List of the Pledge (rights) 

 

	
Names of the Pledge 
	
Unit 
	
Quantity 
	
Owner 
	
Document value ( RMB) 
	
Issued by 
	
Document No. 
	
Remarks 

	
Bank statement of saving account 
	
Copy 
	
One 
	
Northern Altair Nanotechnologies Co., Ltd. 
	
RMB Thirty Five Million 
	
Wu'an Branch of Bank of Handan 
	  	
- 

	  	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  
	  	  	  	  	  	  	  	  

 

	
Pledgor (signature and seal):
	
Pledgee (official seal):                  

      

Handled by (signature): 

 

Filled on: May 6, 2016 

 

Northern Altair Nanotechnologies Co., Ltd. (Seal) 

 

Wu'an Branch of Bank of Handan Co., Ltd. (seal) 

 

 

-6-ex10_45.htm

Exhibit 10.45

 

Deposit Contract of Minsheng Financial Leasing 

 

 

DEPOSIT CONTRACT

  

 

 

 

No.: [MSFL-2014-2953-V-HZ- 009 –FXJ]

 

 

 

 

 

 

 

 

 

 

 

Minsheng Financial Leasing Co., Ltd.

 

July 6, 2015

 

 

 

1/12

 

   

Deposit Contract of Minsheng Financial Leasing 

 

Contents

    

	
Deposit Contract 
	3
	 	 
	
1. Amount and Payment of the Deposit 
	4
	 	 
	
2. Obligations of Party B 
	5
	 	 
	
3. Deduction of Deposit 
	5
	 	 
	
4. Complement of the Deposit 
	5
	 	 
	
5. Management of the Deposit 
	6
	 	 
	
6. Responsibilities for Breach of the Contract 
	6
	 	 
	
7. Application of Laws and Dispute Resolution 
	7
	 	 
	
8. Communication 
	 7
	 	 
	
9. Validity, Accessory and Copies 
	8
	 	 
	
10. Other Matters 
	8
	 	 
	
11. Other Agreements 
	9
	 	 
	
Accessory One: Notification of Complementing Deposit (Layout, without the Main Body)
	 11

 

 

 

2/12

 

 

Deposit Contract of Minsheng Financial Leasing 

 

Deposit Contract

 

Party A: Minsheng Financial Leasing Co., Ltd.

Address: No.3 Building of Financial Centre, No.158, Xisandao Road, Kongxiang Tariff-free Zone, Tianjin

Legal Representative: Kong Linshan, post: Chairman

Tel: 010-68940066

Fax: 010-68489378

 

Party B: Northern Altair Nanotechnologies Co., Ltd. 

Address: North Dongzhuchang Village, Wuan Town, Wuan City

Legal Representative: Wei Guohua, post: President

Tel: 0310-5677626 

Fax: 0310-5677980

The above Party A and Party B are combined by naming “the two parties”, and are named by “the party”, respectively.

 

Whereas:

1. The leaser, namely Party A, and the tenant, namely Handan Head Office of Public Transportation have signed Contract for Finance Lease on finance lease matters (Contract Number: MSFL-2014-2953-V-HZ-009, short for “Contract for Finance Lease” hereinafter). According to Contract for Finance Lease, the tenant accepts the leasehold (short for “the leasehold” hereinafter) listed in Contract for Finance Lease by finance lease and the tenant pays Party A accrued expenses such as the rent. Party B is the supplier of the above leasehold listed in Contract for Finance Lease.

2. In order to guarantee the tenant under Contract for Finance Lease to smoothly and completely implement the payment obligations, Party B agrees to pay Party A the performing deposit (Short for “the deposit” hereinafter) agreed by the contract.

 

 

3/12

 

 

Deposit Contract of Minsheng Financial Leasing 

 

Now, Party A and Party B sign up this contract on matters related with the deposit in order to abide by their agreements together by friendly negotiation.

1. Amount and Payment of the Deposit 

1.1 The currency of deposit is: RMB; the amount is (in the capital form of a Chinese number): Twenty million seven hundred and twenty thousand Yuan only (in Arabic number: 20,720,000.00 Yuan).

1.2 Party A returns back the deposit 5.18 million Yuan to Party B under this circumstance that the tenant does not exceed the time limit and both the leaser and Party B do not break the contract after twelve months since the No. MSFL-2014-2953-V-HZ-   -FXJ Contract for Finance Lease is on hire; after twenty-four months since Contract for Finance Lease is on hire and under this circumstance that the tenant does not exceed the time limit and both the leaser and Party B do not break the contract, Party A returns back the deposit 5.18 million Yuan to Party B; after sixty months since Contract for Finance Lease is on hire and under this circumstance that the tenant does not exceed the time limit and both the leaser and Party B do not break the contract, Party A returns back the deposit 4.144 million Yuan to Party B; after the lease term is over and under this circumstance that the tenant does not exceed the time limit and both the leaser and Party B do not break the contract, Party A returns back the deposit 6.216 million Yuan to Party B.

1.3 Party B should pay the deposit by one-off payment to the following account of Party A on the same day when Party A pays purchase expense of leasehold listed in Contract for Finance Lease to the tenant (if the purchase expense of leasehold is paid by installments, it must be the day when the leaser pays the first purchase expense of leasehold):

Account Name: Minsheng Financial Leasing Co., Ltd.

Opening bank: Beijing Weigong Village Branch of China Minsheng Banking Co., Ltd.

Bank account: 0121014040000361

 

 

4/12

 

 

Deposit Contract of Minsheng Financial Leasing 

 

2. Obligations of Party B 

2.1 Party B should completely and properly perform his obligations under this contract including but not limited to paying the deposit to the leaser according to the agreed time, method or amount of this contract.

3. Deduction of Deposit

3.1 If the tenant does not perform obligations listed in Contract for Finance Lease by appointments, Party A has rights to, even without the permission of Party B, voluntarily deduct the relevant unpaid funds from the deposit paid by Party B in the order of cost, other payables, liquidated damages, compensation, damage awards, and rent payable.

3.2 If there is the debt appointed by Contract for Finance Lease and it should be assumed by the tenant, and Party A pays it on behalf of the tenant because the tenant delays or refuses to perform the debt, Party A has rights even without the permission of Party B to voluntarily deduct corresponding funds from the deposit paid by Party B.

4. Complement of the Deposit 

4.1 After deducting the relevant funds, Party A has the right to send out Notification of Complementing Deposit (more details in Accessory One) to Party B to inform Party B of matters related with deposit deduction and require Party B to complement the deducted funds in full amount by the deadline ensured by Notification of Complementing Deposit. Party B should complement the deducted funds in full amount according to the requirements of Notification of Complementing Deposit sent by Party A.

4.2 If the balance is still insufficient to deduct all relevant funds after complementing the deposit, Party A has rights to ask Party B to complement the deposit again till it can deduct all relevant funds and the balance of the deposit is not lower than the deposit amount in Item1.1 after deduction.

 

 

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Deposit Contract of Minsheng Financial Leasing 

 

5. Management of the Deposit 

5.1 The deposit guarantees the tenant to properly and punctually pay the rent and perform other obligations regulated by Contract for Finance Lease. When the tenant strictly performs obligations according to Contract for Finance Lease or even though he breaks the contract, his actions are corrected and approved by Party A, Party A returns back the deposit in full amount to Party B and the deposit does not count interests within (five) working days after the lease term stated by Contract for Finance Lease is over.

5.2 If Contract for Finance Lease is terminated in advance, the tenant should pay account payable listed in Contract for Finance Lease ahead. If the tenant postpones paying or refuse to pay, Party A has rights even without the permission of Party B to voluntarily deduct relevant funds from the deposit paid by Party B. If after settling this account there is still some balance, Party A should returns back the balance of the deposit capital to Party B within (five) working days since Contract for Finance Lease is over.

5.3 Party A returns back the deposit to the following account of Party B according to regulations of Item 5.1:

Account Name: Northern Altair Nanotechnologies Co., Ltd.

Opening bank: Wu’an Branch of Bank of China Limited

Bank account: 100399447466

6. Responsibilities for Breach of the Contract 

6.1 If Party B does not pay the deposit according to this contract, Party A has rights to discharge Contract for Finance Lease and stop to supply the tenant with finance lease service. Therewith, Party A does not to assume any responsibilities and the tenant should assume corresponding responsibilities for breach of the contract according to Contract for Finance Lease.

6.2 If Party B does not complement the deposit in full amount according to requirements, Party B should pay liquidated damage to Party A by the rate of five-ten thousandths for the un-complemented part ( from the next day when the complement term stated by Notification of Complementing Deposit to the day when the deposit is actually complemented).

 

 

6/12

 

 

Deposit Contract of Minsheng Financial Leasing 

 

6.3 If Party B is reluctant to perform the duty to complement the deposit and it makes the balance of the deposit insufficient to sustain for (five) days, Party A has rights to discharge Contract for Finance Lease and ask the tenant to assume corresponding responsibilities for breach of the contract according to Contract for Finance Lease.

7. Application of Laws and Dispute Resolution 

7.1 This contract and rights and obligations of the two parties listed in this contract apply to laws of the People’s Republic of China and are explained according to laws of the People’s Republic of China.

7.2 As for all disputes related with this contract, the two parties should friendly negotiate to settle according to this contract. If negotiations can not settle, any party can institute legal proceedings to the people’s court with jurisdiction in Tianjin where this contract is performed.

8. Communication 

8.1 Except there are other regulations in this contract, documents, notifications, requirements and other communications included by this contract should be made in written form and must be sent to the following addresses of relevant parties by expressage, registered post, telex, fax or other communication methods:

To Party A: Minsheng Financial Leasing Co., Ltd.

Addressee: Zhang Min

Address: No.1 Guest Building, South Street, Zhongguancun, Haidian District, Beijing 

Tel: 010-68940066-9712 

Fax: 010-68940066-9864

 

To Party B: [Northern Altair Nanotechnologies Co., Ltd.]

Addressee: [Zhu Bin]

Address: [North of Dongzhuchang Village, Wu’an Town, Wu’an City]

Tel: [310-5677626]

Fax: [310-5677980]

 

 

7/12

 

 

Deposit Contract of Minsheng Financial Leasing 

 

8.2 If it is sent by expressage, the above document or notification is regarded as to be delivered on the third day after they are sent out to the post; if it is sent by registered post, the above document or notification is regarded as to be delivered on the fifth day after they are sent out to the post; if it is dent by telex, it is regarded as to be delivered when it is sent out and receives the confirmation receipt; if it is sent by fax, it is regarded as to be delivered when it is sent out.

8.3 If any item of contact information is changed, the relevant party should inform changed contact information to the other party in written form according to this contract within seven days after it is changed. Hereafter, documents and notifications of this contract should be delivered by the changed contact information. If the relevant party does not inform in time, all adverse consequences caused by this should be assumed by the responsible party.

9. Validity, Accessory and Copies 

9.1 This contract is the indivisible part of Contract for Finance Lease.

9.2 The accessory of this contract is the indivisible part of this contract and has the same legal effect as this contract. The accessory includes:

Accessory One: Notification of Complementing Deposit (Layout, without the Main Body)

9.3 This contract takes effect since legal representatives or authorized agents of the two parties sign up and seal the official seal of legal person. During the performance term of this contract, this contract is terminated at the same time if Contract for Finance Lease is terminated.

9.4 This contract is quadruplicate. Party A has two copies and Party B has two copies. Every copy is with equal legal effect.

10. Other Matters 

10.1 If any item of this contract is invalid for some reason, the invalidation of this item does not affect the effectiveness and the enforceability of other items in this contract. The two parties should continue to perform other items in this contract.

 

 

8/12

 

 

Deposit Contract of Minsheng Financial Leasing 

 

10.2 Under this contract, any tolerance, grace, preference or postponement to perform rights given to Party B by Party A do not influence, damage or confine Party A to enjoy all rights according to this contract and laws. It should not be regarded as that Party A waives rights and interests under this contract. And it can not exempt any obligations that Party B should assume under this contract.

10.3 When signing this contract, Party A has explained and interpreted all items of this contract to Party B in details. The two parties have no doubt about all items of this contract and have correct comprehension of the parties’ relevant rights and obligations and limitation of responsibilities or the intendment of law of exemption items.

11. Other Agreements 

(The below does not have the main body)

  

 

 

9/12

 

 

Deposit Contract of Minsheng Financial Leasing 

(This page is the signature page without the main body)

  

 

Party A: Minsheng Financial Leasing Co., Ltd.          (Official Seal)

  

Minsheng Financial Leasing Co., Ltd. Special Seal for Contractual Uses (seal)

 

	
Legal Representative (or Authorized Agent): 
	
 

	
 
	
(Signature) 

	
Date: July 6, 2015
	
 

 

 

 

Party B: Northern Altair Nanotechnologies Co., Ltd. (Official Seal)

 

Northern Altair Nanotechnologies Co., Ltd. (seal)

 

	
Legal Representative (or Authorized Agent): 
	
 

	
 
	
(Signature) 

	
Date: July 6, 2015
	
 

 

 

 

10/12

 

 

Deposit Contract of Minsheng Financial Leasing 

  

Accessory One: Notification of Complementing Deposit (Layout, without the Main Body)

   

Notification of Complementing Deposit

  

 

To: Northern Altair Nanotechnologies Co., Ltd. 

  

 

About: Matters related with deposit complement includes in No._________ Deposit Contract

 

According to regulations of Deposit Contract (Number is:________________) signed by our company and your company on ___ (m)___(d), ___(y), the deposit balance of your company is insufficient now and more details are listed in the following table:

 

Unit: RMB Yuan

 

	
Appointed Deposit Amount
	
Existing Deposit Balance
	
Deposit Amount Complemented This Time

	  	  	  

 

Remarks (Presentation of the deduction of the deposit):

 

 

 

11/12

 

 

Deposit Contract of Minsheng Financial Leasing 

  

Please your company to pay the deposit complemented this time in full amount and in time to the following account of our company before ___ (m) __ (d), ___(y):

 

Opening bank: 

 

Account Name:

 

Bank account:

 

Linkman:

 

Tel:

 

Fax:

 

(Please your company to pay attention, if your company postpones paying or refuse to pay the deposit, our company has rights to prior use any funds, which is paid by your company since the day when this notification is sent out, to deduct liquidated damage caused by postponing paying or refusing to pay the deposit and the deposit amount that should be complemented by your company this time. And if the balance of the deposit is insufficient to sustain for (five) days, our company has rights to discharge Contract for Finance Lease, and your company should assume all consequences and responsibilities caused by this.)

 

It is hereby announced.

  

 

	
Minsheng Financial Leasing Co., Ltd.
	
(Official Seal)

	
 
	
 

	
Legal Representative (or Authorized Agent): 
	
(Signature)

                

Date:

 

 

12/12

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