SMSA Treemont Acquisition Corp - FORM 8-K/A - EX-10.3 - July 20, 2011

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8-K/A - 8-K/A - SMSA Treemont Acquisition Corpc19486e8vkza.htm
EX-3.3 - EX-3.3 - SMSA Treemont Acquisition Corpc19486exv3w3.htm
EX-3.2 - EX-3.2 - SMSA Treemont Acquisition Corpc19486exv3w2.htm
EX-3.1 - EX-3.1 - SMSA Treemont Acquisition Corpc19486exv3w1.htm
EX-3.7 - EX-3.7 - SMSA Treemont Acquisition Corpc19486exv3w7.htm
EX-3.6 - EX-3.6 - SMSA Treemont Acquisition Corpc19486exv3w6.htm
EX-3.4 - EX-3.4 - SMSA Treemont Acquisition Corpc19486exv3w4.htm
EX-10.1 - EX-10.1 - SMSA Treemont Acquisition Corpc19486exv10w1.htm
EX-10.8 - EX-10.8 - SMSA Treemont Acquisition Corpc19486exv10w8.htm
EX-10.2 - EX-10.2 - SMSA Treemont Acquisition Corpc19486exv10w2.htm
EX-10.18 - EX-10.18 - SMSA Treemont Acquisition Corpc19486exv10w18.htm
EX-10.25 - EX-10.25 - SMSA Treemont Acquisition Corpc19486exv10w25.htm
EX-10.17 - EX-10.17 - SMSA Treemont Acquisition Corpc19486exv10w17.htm
EX-10.24 - EX-10.24 - SMSA Treemont Acquisition Corpc19486exv10w24.htm
EX-10.15 - EX-10.15 - SMSA Treemont Acquisition Corpc19486exv10w15.htm
EX-10.20 - EX-10.20 - SMSA Treemont Acquisition Corpc19486exv10w20.htm
EX-10.26 - EX-10.26 - SMSA Treemont Acquisition Corpc19486exv10w26.htm
EX-10.16 - EX-10.16 - SMSA Treemont Acquisition Corpc19486exv10w16.htm
EX-10.19 - EX-10.19 - SMSA Treemont Acquisition Corpc19486exv10w19.htm
EX-10.21 - EX-10.21 - SMSA Treemont Acquisition Corpc19486exv10w21.htm
EX-10.23 - EX-10.23 - SMSA Treemont Acquisition Corpc19486exv10w23.htm
EX-10.11 - EX-10.11 - SMSA Treemont Acquisition Corpc19486exv10w11.htm
EX-3.5 - EX-3.5 - SMSA Treemont Acquisition Corpc19486exv3w5.htm
10.3 Maximum Property Guarantee Contract, dated July 13, 2009, by and among
Shandong Xiangrui, and Shandong Xinrui Chemical Devices Co., Ltd., and Citibank
Shanghai, for RMB 80 million
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Main Contents
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Contract No.: MR748004090713
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Execution Date: July 13, 2009
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Guarantor: Shandong Xiangrui Pharmacy Co., Ltd., and Shandong Xinrui Chemical Devices Co., Ltd.
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Guarantee: Citibank Shanghai
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As guarantor, Shandong Xiangrui Pharmacy Co., Ltd. and Shandong Xinrui Chemical Devices Co., Ltd. undertake to assume joint and several liabilities for Runyin Bio-chemical Co., Ltd’s indebtedness towards Citibank Shanghai under a Uncommitted Short Term Cycling Finance Agreement with Contract No.: FA748004090713.
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Guarantee Items: Shandong Xiangrui Pharmacy Co., Ltd. agreed to created mortgage over land use right (Certificate No.: Dong Guo Yong 2008 No. 31; area: 43,249 m2) and the properties (Certificate No.: Dong Guo Yong 2008 No. 10288; area: 12,713 m2) to secure the payment of the debts under the main loan agreement. Shandong Xinrui Chemical Devices Co., Ltd. agreed to created mortgage over land use right (Certificate No.: Dong Guo Yong 2008 No. 513; area: 39,575 m2) and the properties (Certificate No.: Dong Guo Yong 2008 No. 10289; area: 5,897.42 m2) to secure the payment of the debts under the main loan agreement.
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The maximum amount of the guarantee is RMB 57,686,231.
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The mortgage term is from August 10, 2009 to August 10, 2014.
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Secured Items: the loan principal, interest, penalty interest, damages, compensation and all the expenses incurred for Citibank (China) Co., Ltd., Shanghai Branch to realize its creditor’s right under Loan Agreement.
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Liabilities of Breach of Contract: Guarantor shall compensate guarantee any loss suffered from Shandong Runyin Bio-chemical Co., Ltd.’s breach of contract.

 

 

 

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Headlines of the articles omitted
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Commitment of guarantor
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Assumption of guarantor’s responsibility
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Dispute settlement
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Miscellaneous
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Effectiveness
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Validity
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Attention

 

 

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