BANK GARANTEEN OF CREDIT (BG) AGREEMENT
This AGREEMENT is made in CHINA on the xx,xx, 2013 between:
XXXXX LIMITED, Herein represented by its Directors, MR. XXXXX (hereinafter referred to as “the First Party”) of the one part.
XXXXX LIMITED (hereinafter referred to as “the Second Party”) of the other part.
WHEREAS the First Party warrants with full corporate and legal responsibility under penalty of perjury that the First Party has the financial capacity, capability and experience to cause the issuance of BG.
WHEREAS the Second Party warrants with full corporate and legal responsibility under penalty of perjury that Second Party has the financial capacity, capability and experience to provide the necessary loans.
AND WHEREAS the First Party is desirous to cause the issuance of the BG and the Second Party is desirous to provide the loans for the First Party’s Investment Projects. NOW THEREFORE, for and in consideration of the mutual promises, assertions and covenants herein and for other valuable consideration the parties hereby acknowledge and agree under the following terms and conditions and closing procedure:-
1. 双方签署该合作融资协议书，同时由双方提供各自的公司数据. 董事会决议和授权签署代表的证件扫描件以及各自的银行坐标
Upon signing this agreement, both parties provided scanned passport copy of signatory, Company Resolution and Certificate of Corporation.
Second Party provided the bank credit line facility letter and let First Party knew Public Bank