英文还款u协议范本.docxVIP

Repayment Agreement____________(hereinafter referred to as “Party A”)Address:Legal representative:__________________(hereinafter referred to as “Party B”)Address:Legal representative:Whereas:Party A and Party B signed a “____________contract”(nr:_______) on __________(date). The term of the distribution contract started from __________ and ended on __________. Party A shall supply _________ according to its obligation under the contract and Party B shall pay Party A the amount of the contact. By the date of this repayment agreement, Party B still owes Party A the amount of the contract of ________________(RMB______)NOW, THEREFORE, based on the foregoing and in consideration of the mutual promises and covenants contained herein, the adequacy of which is hereby acknowledged, the parties agree as follows:Article 1 Parties hereby recognize that Party B shall pay Party A_______________, the total amount of the contract that it owed to Party A.Article 2Party A and Party B hereby agrees as follows through negotiation: During the period from _____________, in total _______ months, Party B shall pay the amount it owes to Party A. Party B shall pay 10% of the total amount every month namely______________per month. Party B shall pay the installment before the end of every month. Party Bwill provide the evidence of payment to Party A within ______working days after anyone of the installment is due, and Party Awill justify this fact.Article 3Compulsory enforcement4. Party A is entitled to apply for the compulsory enforcement from the court of competent jurisdiction according to this agreement herein which is compulsory enforceable and the enforcement certification. the eligible business license(duplicate) by annual inspectionletter of authorization /POA power of attorneythe application for compulsory enforcement.the written documents of Party B’s performance(the repayment status of Party B including the already paid/unpaid amount of the debt.)the hereby agreement which is co