assignment of building contracts and performance bonds：建筑合同履约保证金和分配.doc

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1、ASSIGNMENTOFPERFORMANCEBONDSTHISASSIGNMENTismadeon20By:-(1)[](CompanyRegistrationNo.),(the"Borrower");infavourof(2)OVERSEA-CHINESEBANKINGCORPORATIONLIMITED,acompanyincorporatedintheRepublicofSingaporeandhavingitsregisteredofficeat65ChuliaStreet#09-00,OCBC

2、Centre,Singapore049513(the"Bank")WHEREASTheBankhasattherequestoftheBorrowermadeorgrantedoragreedtomakeorgrantadvancesorothercreditorbankingfacilitiesoraccommodationtotheBorrowerbypermittingtheBorrowertooverdrawontheaccountoraccountscurrentortodrawdownorut

3、iliseanyfacilitiesonanyotheraccountoraccountswhatsoeverwhethercurrentorrevolvingorcontinuingorwhetherininstalmentsorotherwisewhichtheBorrowernowhasormayatanytimehereafterhavewiththeBankwhethersolelyorjointlywithanyotherpersonorpersonsinpartnershiporotherw

4、ise(hereinaftercalled"thesaidAccounts"whichexpressionshallwhereverthecontextadmitsincludeanyoneormoreoftheaccountshereinbeforementioned)ANDALSOhavingagreedthattheBanknoworhereaftermayfromtimetotimeandinthesolediscretionoftheBankgrantfurtheradvancesorloans

5、bypermittingtheBorrowertofurtherdrawdownorutiliseanyfacilitiesoroverdrawonthesaidAccountsorgrantorcontinuetograntotherloanscreditorbankingfacilitieswhetherininstalmentsoroncurrent,revolvingorcontinuingaccountoraccountsorotheraccommodationtoorattherequesto

6、ftheBorrowereithersolelyorjointlywithanyotherpersonorpersonsinpartnershiporotherwisetosuchanextentandonsuchtermsasmayfromtimetotimebefixedbytheBankatitsabsolutediscretionandforsolongastheBankatitsabsolutediscretionmaythinkfit.NOWTHISASSIGNMENTWITNESSETHAN

7、DITISHEREBYAGREEDasfollows:1.INTERPRETATION1.1Definitions:InthisAssignment(andshallincludethisAssignmentasamended,supplementalormodifiedfromtimetotime),unlessthecontextotherwiserequiresorunlessthisAssignmentexpresslyprovidesotherwise,thefollowingwordsorex

8、pressionsshallhavethefollowingmeaningsrespectively:-"AssignedContracts”meansthePerformanceBondsandreferencesto“AssignedContract”meansanyoneofthem.“AssignedProperty”meanstheproperty,assetsandrightsforthetimebeingcomp