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Repayment Agreement text


XXX company

Residence: XXXXXX

Legal representative: XXX

XXX company

Residence: XXXXXX

Legal representative: XXX

In view of:

On XX XX, XX, Party A and Party B signed the Construction Contract for Construction on XXX. The total construction cost is: XXXXXX million yuan. The project was completed on XX XX of XX, and has been accepted by Party A, Party B and XX. On the XX and XX days of XX, Party A and Party B have settled the project and signed the XXX Project Settlement Agreement. In accordance with the "construction project construction contract" signed by Party A and Party B, Party B shall pay Party A a total of XXXXXX million yuan for the construction project. As of the date of signing this agreement, Party B has actually paid Party A the construction project amount of XXXXXX million yuan. , the construction project has not yet paid for the XXXXXX million yuan.

The parties hereby confirm each other: Except Party B shall pay Party XXX to RMB XXX million in accordance with the agreement of this Agreement, the parties shall not have any other payables or shall bear the responsibilities and obligations under the relevant contract.

Both parties confirmed the above facts and there is no objection.

Based on the above, Party A and Party B, through friendly negotiation, reached the following agreement on Party B's repayment of the amount owed to the project:

Article 1 Party A and Party B hereby confirm that Party B shall pay Party A a total of XXXXXX million yuan for the construction project. As of the date of signing this Agreement, Party B has actually paid Party A the construction project amount of XXXXXX million yuan, which has not been paid. The construction project is XXXXXX million yuan. .

Article 2 Party A and Party B shall, by agreement, agree as follows, from XX XX to XX XX in XX

On the XXth day of the month, Party B shall pay Party A the construction project for RMB XXX.00 million. .

Article 3 Enforcement Clauses

1. Party A and Party B jointly confirm that: according to the provisions of relevant laws, they have a clear understanding of the meaning, content, procedures, and effectiveness of the notarization of compulsory enforcement. After careful consideration, both parties agree to notarize to Beijing after signing this agreement. Apply for notarization and give effect to the enforcement of this Agreement.

2. Party B guarantees to bear the burden of proof. Within XX working days from the date of payment of each payment, Party A and Beijing Notary Office will provide relevant evidence to prove that they have paid the amount due, and Party A and the office permit respectively. The member checks the receipt, otherwise it is deemed that Party B confirms the unpaid facts, that is, Party B fails to perform the current payables on time.

3. Party A and Party B agree that if within XX working days from the expiration of the payment period of any period, Party B will not provide the payment certificate to the Beijing Notary Office on time, and Party A will issue a file stating that Party B fails to pay the due amount on time. At the time, Party A has the right to apply for the issuance of the Execution Certificate to the Beijing Notary Public Office unilaterally in accordance with this Agreement with enforcement effect. Party A undertakes to issue to Party B the “Notice of Compensating Loan” in accordance with the contact address determined by Party B in this Agreement before applying for the enforcement certificate, and also indicates the start and end date of the grace period. At the end of the grace period, if Party B has not yet proved to the Beijing Notary Office that it has paid the due amount on time, or if it is actively proving but not enough to fight against Party A’s claims, it has not reached any extension agreement with Party A regarding repayment. In fact, Party B will apply to the Beijing Notary Public Office for the issuance of a compulsory certificate.

4. Party A has the right to apply directly to the competent people's court for enforcement of all unpaid items that Party B shall pay to Party A in accordance with this Agreement and the execution certificate issued by the Beijing Notary Public Office. Party B is willing to accept the enforcement of the people's court.

5. When applying for the execution certificate, Party A shall bear the corresponding burden of proof and provide the following files to ensure that Party B's notary office completely and correctly discloses Party B's performance of its debts:

The "Business License" that has passed the annual inspection;

Power of Attorney

Enforcement Application;

Party B has fulfilled the written evidence of the repayment obligation;

Notarized by force of this Agreement;

Party A's Notice of Performance of Loan Remittance issued to Party B under the supervision of the Beijing Notary Office;

Other materials that need to be provided.

5. Party B undertakes to accept the execution of all its assets, including but not limited to the following items: XXXXXX.

Article 4: Their respective commitments and guarantees

1. After the parties have signed the intention of signing this agreement, they shall apply to the Beijing Notary Office for the notarization of this Agreement.

2. Party B shall pay the dues in full and in accordance with the provisions of this Agreement; Party A shall, in accordance with the provisions of this Agreement, handle the financial procedures for collection and debt cancellation, and shall be obliged to issue relevant invoices to Party B on the date of payment by Party B.

3. The designated contact address of Party A and Party B and the designated contact address of the Beijing Notary Office:

Party A's contact address, telephone number and fax are as follows: XXXXXX; Recipient: XXX.

Party B's contact address, telephone number and fax are as follows: XXXXXX; Recipient: XXX.

Beijing Notary Office Contact Address:

address:

Zip code: Phone:

Under the office certificate:

Party A and Party B hereby confirm that if any party's contact address, telephone number and fax number change, they should promptly inform the other party and the Beijing Notary Office. If they fail to fulfill their obligation to notify in time, the unreachable situation will be unfulfilled. The party that informs the obligation bears the legal consequences of this.

Article 5 Force Majeure

1. Force majeure refers to the objective situation that the parties to the Agreement cannot foresee, cannot avoid and cannot overcome. This includes, but is not limited to, the following events: war, riots, strikes, plagues, floods, floods, earthquakes, storms, tidal waters, or any other similar event.

2. If either party is unable to perform all or part of its obligations under this Agreement due to force majeure, the party shall notify the other party as soon as possible and shall provide the other party with a detailed report in writing and the impact of force majeure on the performance of this Agreement within XX days after the occurrence of force majeure. Degree description.

3. Force majeure shall not be liable to any party for any loss suffered by the other party due to force majeure's failure to perform or delay in performing its obligations under this Agreement. However, it is the responsibility of the party affected by force majeure to take appropriate or necessary measures to reduce or eliminate the effects of force majeure as soon as possible. A party that is affected by force majeure shall be liable for damages if it fails to do so to the other party.

4. Each party shall, in accordance with the degree of influence of force majeure on the performance of this Agreement, determine whether to terminate this Agreement or continue to perform this Agreement.

Article 6 Confidentiality

Except as otherwise provided by the relevant laws and regulations of the PRC, the Articles of Association or the written agreement of the parties to this Agreement, neither party to this Agreement may disclose the relevant contents of this Agreement to any third party without the consent of the other party before the completion of the above transaction.

Article 7 Other

1. This Agreement shall become effective after being notarized by the Notary Public Office of Beijing and shall be enforced.

2. Matters not covered by this Agreement shall be settled by the two parties through friendly negotiation, and a supplementary agreement shall be signed separately and notarized by the notary office.

3. The original form of this Agreement is XX copies, each of which has the same legal effect. Each party holds XX copies and one remains in the notary office of Beijing for the record.

Party A: XXX Company Party B: XXX Company

Legal representative or authorized representative: XXX Legal representative or authorized representative: XXX

XX, XX, XX, XX

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