How To Make A Pledge Contract For Movables

Chattel mortgage contract

The pledgor (hereinafter referred to as Party A):

The pledgee (hereinafter referred to as Party B):

In order to ensure the safety of Year old The word is in the first place. The performance of Contract No. 1 (hereinafter referred to as the main contract) is a pledge of property which is entitled to dispose of it. Party B agrees to accept Party A's pledge of property after examination. The two parties have concluded this contract by consensus.

Article 1 the property of party a used for pledge is: (with detailed inventory and certificate of ownership of the Pledgor):

(1) the name of the material:

(2) specifications:

(3) quantity:

(4) book price:

Second the total value of the pledge property under this contract is RMB. (capitalization) yuan, and the rate of pledge is %, the actual amount of pledge is (capitalization).

Third party A shall transfer the material property to Party B within five days after the conclusion of this contract.

Article fourth during the validity period of the pledge, Party B shall be responsible for the proper custody of the material and shall not be misappropriated. Yuan Zheng.

Fifth Party A shall, according to the requirements of Party B, make a pledge of the property in the pledge. For property insurance, and keep the insurance policy to Party B. The duration of insurance should be longer than that stipulated in the main contract. If the main contract is extended by both parties, Party A shall go through the formalities for extending the time limit for insurance. In case of accidental loss, the compensation for insurance property shall be paid by Party A. The bank handles special deposits and deposit the deposit slip with Party B.

Article sixth during the validity of this contract, Party A shall transfer the proceeds of the transfer to the company if it wants to transfer the material. The bank's special storage and deposit slip shall be kept by Party B or the debt shall be paid in advance.

Seventh the notarization, insurance, signature, registration, transportation and storage expenses under this contract shall be borne by Party A.

Article eighth within the validity period of this contract, Party A shall bear or undertake the obligations under this contract separately if the Party A is divided or merged. Party A is declared to be dissolved or bankrupt. Party B has the right to deal with the material in advance.

Ninth in case of any of the following circumstances, Party B has the right to dispose of the pledged property in a statutory manner:

(1) the performance of the main contract has not been fulfilled after the expiration of the term of the debt or has been postponed.

(2) the death of the debtor without the successor or successor abandoning the inheritance;

(3) the debtor is declared dissolved or bankrupt.

Party B shall have the right to recourse if the price of the proceeds of the material is insufficient to repay the debts.

Article tenth after the entry into force of this contract, Party A and B shall not alter or terminate the contract without authorization. Those who need to change or terminate the contract shall reach a written agreement by consensus. The terms of this contract remain valid until the agreement has been reached.

The eleventh main contract debtors carry out the contract in accordance with the time limit stipulated in the contract. The right of pledge is automatically terminated. Party B shall return the pledge and the relevant documents.

Twelfth liability for breach of contract

(1) in accordance with the provisions of the fourth clause of this contract, Party A has the right to require Party B to restore the original quality of goods because of the damage caused by Party B's improper safekeeping.

(2) Party B has the right to ask Party B to stop misappropriating or return the original goods, or to claim compensation for the losses incurred.

(3) Party A shall pay compensation to Party B for causing economic losses to Party B by concealing the existence of joint property, disputes, seizure, detention or other similar cases.

(4) any Party A or B violates the ninth agreement, and shall pay the total amount of debts under the principal contract to the other party. The penalty for breach of contract.

(5) during the period of validity of this contract, Party A may terminate this contract by itself without the consent of the pledgor, change the main contract terms or transfer the obligations under the main contract, and require Party B to return the quality and the relevant documents.

(6) the payment of liquidated damages stipulated in this article shall be agreed upon by the parties as follows:

Thirteenth other matters agreed upon by the two parties:

The fourteenth controversial solution:

Disputes between Party A and Party B in the performance of this contract shall be settled through consultation or mediation. If negotiation or mediation fails, the people's court may enter a lawsuit at the place where the contract is signed, or apply for arbitration to a contract arbitration institution where the contract is signed.

The fifteenth contract is signed by the legal representative of Party A and Party B or its authorized agent and affixed with the official seal of the unit, which takes effect from the date of the transfer of the material.

The sixteenth edition contract In two copies, each party holds one copy.

Appendix: quality list and relevant certificates and documents. Copies.

Party A: (official seal)

　　 Legal representative (or principal agent): (signature)

A kind of Year old Lunar month day

Party B: (official seal)

The legal representative (or principal agent): (signature)

A kind of Year old Lunar month day

Place of contract:

(Note: if the parties to a contract are citizens or illegal persons, they shall be signed by the citizen or the principal person in charge or signed by their authorized agent.)