Fan Wen Daquan > Contract Model > Loan Contract Model

Movable property pledge contract


Pledgor:
Pledgee:

In order to ensure the performance of the _____ year _____ word _____ contract, Party A is willing to pledge the property that it has the right to punish. After review, Party B agrees to accept Party A’s property pledge. The parties shall conclude this contract by consensus on the following terms;

The first property used by Party A as pledge is:

Quality name:
specification:
Quantity:
Book price:

Article 2 The pledge property under this contract is jointly priced at RMB _____ yuan, the pledge rate is _____%, and the actual pledge is _____ yuan.

Article 3 Party A shall transfer the pledge to Party B within five days after the conclusion of this contract. The parties shall agree on the transfer as follows: _____

Article 4 During the period of validity of the pledge, Party B shall be responsible for the proper storage of the pledge, and shall not misappropriate it. Party A shall withdraw the custodian fee from Party B at one time.

Article 5 Party A shall, in accordance with the requirements of Party B, handle property insurance for _____ in the pledge property, and submit the insurance policy to Party B for preservation. The insurance period should be longer than the time limit agreed in the main contract. If the main contract is extended by both parties, Party A shall apply for the extension of the insurance period. In the event of accidental loss of insurance property, the compensation shall be paid by Party A to _____ Bank for deposit and the deposit slip shall be deposited with Party B.

Article 6 During the period of validity of this contract, Party A shall transfer the proceeds of the transfer to the special storage of _____ bank if the transfer of the pledge is required by Party A, and the deposit slip shall be deposited with Party B, or the debt shall be settled in advance.

Article 7 The expenses related to notarization, insurance, signing, registration, transportation and custody under this contract shall be borne by Party A.

Article 8 In the period of validity of this contract, if Party A is divided or merged, the changed organization shall bear or separately assume the obligations under this contract. Party A is declared dissolved or bankrupt, and Party B has the right to dispose of the goods in advance.

Article 9 When one of the following circumstances occurs, Party B has the right to dispose of the pledge property in accordance with the law:

The debt of the main contract debt has not been fulfilled after the expiration of the time limit or after the extension;
The debtor dies without the heir or heir giving up the inheritance;
The debtor was declared dissolved and bankrupt.

If the price of the pledge is not enough to pay off the debt, Party B has the right to pursue it separately; if there is any remaining debt repayment, Party B shall return it to Party A.

Article 10 After the contract is in force, neither Party A nor Party B may change or cancel the contract without authorization. If it is necessary to change or cancel the contract, a written agreement shall be reached by mutual agreement. The terms of this contract remain in force until the agreement is reached.

Article 11 If the debtor of the main contract performs the contract within the time limit stipulated in the contract, the pledge shall be automatically terminated, and Party B shall return the pledge and relevant documents.

Article 12 Liability for breach of contract

In accordance with the provisions of Article 4 of this contract, Party A shall have the right to request Party B to restore the original state of the material due to the damage caused by Party B's improper storage; or Party B shall be required to compensate for the losses suffered as a result.

If Party B improperly misappropriates the goods, Party A has the right to request Party B to stop the misappropriation, or return the returned materials, and may also request compensation for the losses suffered as a result.

Party A shall compensate the Party B for causing economic losses to Party B by concealing the existence, dispute, seizure, seizure or other similar circumstances of the pledged property.

If either party A or B violates the provisions of Article 9, it shall pay the other party a penalty of _____ of the total debt under the main contract.

During the term of this contract, Party A may terminate this contract without the consent of the pledgor, change the terms of the main contract or transfer the obligations under the main contract, and require Party B to return the pledge and related documents.

The payment method for the liquidated damages listed in this article shall be agreed by the parties as follows:

Article 13 Other matters agreed upon by the parties:

Article 14: The solution to the dispute:

The disputes arising by Party A and Party B in the performance of this contract shall be settled by both parties through negotiation or through mediation. If the negotiation or mediation fails, it may file a lawsuit in the people's court of the place where the contract is signed, or apply to the contract arbitration institution of the place where the contract is signed.

Article 15 This contract shall be signed by the legal representative of Party A and Party B or their authorized agent and affixed with the official seal of the unit, effective from the date of completion of the transfer of the goods.

Article 16 This contract is made in two copies, one for each of Party A and Party B.

Attachment: The list of pledges and related certificates and documents are _____ copies.

Party A:
Legal representative:
___year month day
Party B:
Legal representative:
___year month day
Signing the contract location: _____

.

recommended article

popular articles