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Credit guarantee


Credit guarantee

Chinese Fan Wenzhi Branch:

The loan is provided to the borrower according to the loan contract signed by you and ___ on the ___________________. Now I am ___ willing to guarantee: When the borrower fails to perform the repayment, payment and payment of the relevant fees according to the loan contract signed with you, the guarantor is willing to bear the joint liability of the borrower to perform the above loan contract.

The guarantor hereby declares and warrants that:

1. The guarantor is an economic entity registered in ___. Any event or event that changes the nature or status of the guarantor occurs or may occur, the guarantor guarantees to notify you in time.

2. The maximum amount of this guarantee is the amount of the loan specified in the loan contract, namely ____ and the resulting interest and related expenses. If your bank allows the borrower's loan to expire after the expiration of the loan, the guarantor will not release or reduce the guarantee liability as long as the guarantee amount does not exceed the amount of the loan contract.

3. After the guarantor receives the payment notice issued by your bank requesting the guarantor to perform the guarantee responsibility, regardless of whether your bank seeks recourse from the borrower, it guarantees that the payment date and payment amount stipulated in the payment notice will be taken to you. The bank pays all the payables. The payment advice issued by you is final and binding on both the borrower and the guarantor.

4. If the guarantor fails to pay according to the time limit and amount specified in your notice, the guarantor hereby authorizes you to deduct from the ___ account opened by the guarantor in your bank, and may add overdue interest.

5. This guarantee is a continuous guarantee. As long as the borrower has undertaken any current, future or possible debts and liabilities under the loan contract, the guarantor will always bear the guarantee. All joint and several liability. Any allowance granted to the borrower by you will not be lifted or reduced by the guarantor under this guarantee as long as the guarantee amount of the guarantor is not increased.

6. As long as the guarantee amount of the guarantor is not increased, the guarantor will not be affected or invalidated by the borrower and the bank to agree to any modification, addition, deletion or any contract signed by the borrower and other parties. .

7. If the borrower mortgages the property or interest to the guarantor, the guarantor will not exercise the rights under the mortgage after the loan amount under this guarantee has not been fully repaid, nor will it replace the borrower’s Creditor status.

8. If the borrower goes bankrupt or merges with other companies, or changes the name, etc., the guarantor's liability under this credit guarantee is not removed.

9. The successor of the guarantor will be bound by this guarantee and will continue to bear the responsibilities under this guarantee. The guarantor will not transfer its guarantee obligation without your prior written consent.

X. If you transfer the creditor's right of the loan contract under this guarantee to another person, it does not affect the creditor's responsibility to demand the performance of the guarantee from the guarantor.

XI. This guarantee is an unconditional irrevocable guarantee. Any contract between the guarantor and any other party does not affect the authenticity, validity and legality of this warranty.

Guarantor Address:

Guarantor Name:

Bank account certificate

Date, date, day

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