We are not only to translate your success, but also to secure your success! Commodity Financing Contract Important Prompt: the Contract is legally made and entered into on an equal and free will basis and through friendly consultation of two parties, which represents their genuine declarations of intention. To safeguard Party B’s lawful rights and interests, Party A hereby draws Party B’s full attention to the whole terms and conditions stipulating the rights and obligations of two parties, especially to the content of highlighted parts. We are not only to translate your success, but also to secure your success! Party A (Lender/Pledgee): Industrial and Commercial Bank of China Domicile (Address): Head of the Bank: Party B (Borrower/Pledgor): Domicile (Address): Legal Representative: Party B files a loan application to Party A based on the usage stipulated in Article 1.1 of the Contract. To ensure the performance of its obligations under the Contract, Party B is willing to provide the guaranty of pledge as well as other guarantees. On the basis of equality and through consultation, the Contract is hereby made and entered into by two parties who shall abide by it jointly. Article 1 the Loan 1.1 The loan under the Contract is intended for the usage of purchasing raw materials. Without Party A's written consent, Party B shall not misappropriate or divert the loan. 1.2 The currency and amount of the loan under the Contract is RMB [] (Amount in words: RMB [] Yuan only) (In case there is any discrepancy between the amount in figures and the amount in words, the amount in words shall prevail). 1.3 The term of the loan under the Contract is six months, starting from the first withdrawal date...
