商品房买卖合同

No.:GF-2000-0171CommercialHousingSalesContract(Translation)Name:XXSex:MaleNationality:HanDateofBirth:XXAddress:RoomXX,UnitXX,YuxinResidentialBuilding,XXRoad,XXDistrict,XXCity,XXProvinceCitizenIDcardNo.:XX SupervisedandmadebyMinistryofConstructionofPeople’sRepublicofChina&StateAdministrationofIndustryandCommerceInstructionsofCommercialHousingSalesContract1.Thisisasampledocument,whichcanalsobeusedforfinalsigning.Thepurchasershallcarefullyreadthecontentsbeforeconcludingthecontract.Incaseofdisagreementsonclausesorterminologiestherein,consultationmaybemadetolocalcompetentauthorityofrealestatedevelopment2.Thecommercialhouseinthecontractreferstothehousebuiltandsoldbytherealestatedevelopercompany.3.Partyinvolvedshouldsignthecontractbasedontheprincipleoffreewill.Bothpartiescancarryoutamendment,supplementanddeletiontoclausesinthecontract.Theprintedwordswithoutalterationaretreatedasagreedbybothparties.4.Fortheselectedoptions,handwritingispreferential.5.For[]options,Blankfillingandothercontentsneededtobedeletedoraddedinthecontract,bothpartiesshoulddecideuponnegotiation.[]PleaseUse√tomakeachoice;Withregardtothepracticalconditionsnothappenedorunlimitedbythetwoparties,use×todenotedeletion.6.Beforesigning,thesellerisobligatedtopresentlicenseofpresaleofcommercialhousingandotherrelatedcertificatesanddocumentaryevidencetothepurchaser.7.TheMinistryofConstructionofthePeople’sRepublicofChinaandtheStateAdministrationforIndustryandCommerceshallbeliabletoexplainthearticlesofthecontractCommercialHousingSalesContract(ContractNo.:2014Yu38012)ContractingParties:TheSeller:XX.RegisteredAddress:FloorXX,No.XX,XXRoad,XXDistrict,XXCityBusinessLicenseRegisteredNo.:XXEnterpriseQualificationCertificateNo.:XXNo.XX9LegalRepresentative:XX TelephoneNo.:XXPostcode:XXAuthorizedAgent: Address:Postcode: TelephoneNo.:AuthorizedAgency:RegisteredAddress:BusinessLicenseRegisteredNo.:LegalRepresentative: TelephoneNo.:Postcode:ThePurchaser:XX【Self】Name:XXNationality:ChinaPlaceofdomicile:XXDistrict,XXDistrict,XXProvince【IDCard】XXAddress:RoomXX,UnitXX,xx,XXRoadPostcode: TelephoneNo.:XX【AuthorizedAgent】Name: Nationality:Address:Postcode: TelephoneNo.:AccordingtoContractLawofthePeople'sRepublicofChina,UrbanRealEstateManagementLawofthePeople'sRepublicofChina,andotherrelatedrulesandregulations,Boththesellerandthepurchasercometothefollowingagreementonthecommercialhousingsalesbasedontheprincipleofequality,freewill,andnegotiation:ArticleOneProjectConstructionBasisTheselleracquiredthelandusagerightoftheland(No.:XX)locatedateastofXXRoadNorthandsouthofXXplannedroadinXXDistrict,XXCitybymeansoftransferring.【ContractNo.forTransferringofLandUsageRight】:GRA(LB【2012】No.2).Theareaofthelandis82.737mu.Plannedzoningforthelandiscommercial,residential,hotelandoffice.ThelandrightofusagetermstartsfromApril27th,2012toApril26th,2082.Uponapproval,thesellerconstructscommercialhousesontheaforementionedland.Named【qualifiedname】XX.TheConstructionProjectPlanningPermitIDisXXtheConstructionPermitNumberisXX.ArticleTwoBasisforSalesoftheCommercialHouseThecommercialhouseboughtbythepurchaserisa【commercialhouseforadvancepurchase】.TheapprovalauthorityforthecommercialhouseforadvancepurchaseisLanzhouBureauforHousingSecurityandRealEstateManagement.CommercialHouseAdvanceSalePermitIDisXX.ArticleThreeBasicConditionsoftheCommercialHouseBoughtbythePurchaserThecommercialhouseboughtbythepurchaser(hereinafterabbreviatedasthecommercialhouse.Floorplanisavailableinappendix1andhousingNo.shallbesubjecttoappendix1)islocatedintheprojectasstatedinthefirstarticleofthecontract,detailsasbelow:【Room】2101【Unit】4【Building】24Thecommercialhouseisforresidentialusewithsteel-concretestructure.Theapartmentbuilding(wherecommercialhouseissituated)has45floorsabovethegroundand2floorsunderground.Thebalconyofthecommercialhouseis【close】.Thecommercialhouse’sconstructionareaas【stipulatedinthecontract】is272.32squaremeters,amongwhichtheindoorconstructionareais214.79squaremeters,allocatedcommonareafromthebuildingis57.53squaremeters.(PleaserefertoAppendix2forinformationabouttheconstitutionandallocationofconstructionareasforbothcommonareaandindoorconstructionarea).ArticleFourPricingandPaymentThesellerandthepurchaseragreetofollowthecommercialhousepricingmethod1ofthefollowing:1.Accordingtoconstructionarea.Theunitpriceofthecommercialhouseis(currency:RMB)RMB16156.34persquaremeter,andthetotalpaymentamountisinRMB,fourmillionthreehundredandninety-ninethousandsixhundredandfiftyonly.2.Accordingtoindoorconstructionarea.Theunitpriceofthecommercialhouseis(currency:)persquaremeter,andthetotalpaymentamountis.3.Accordingtoset(unit).Thetotalpaymentofthecommercialhouseis(currency:).4.ArticleFive:AreaConfirmationandAreaDiscrepancyHandlingAccordingtothepricingandmeasurementmethodselectedbythepurchaser,itisstipulatedinthisarticlethattheareadiscrepancyismeasuredandcomputedbasedon【constructionarea】(abbreviatedastheareainthisarticle).Thisarticledoesnotapplytothesetpricingmethod.Incaseofdiscrepancybetweentheareastipulatedinthecontractandtheareareportedonpropertyownershipregistration,theareareportedonpropertyownershipregistrationservesasthecriterion.Afterdeliveryofthecommercialhouse,bothpartiesagreetohandlethediscrepancybetweentheareareportedonpropertyownershipregistrationandtheareastipulatedinthecontractaccordingtomeasure1ofthefollowing:1.Mutualagreementbetweentwoparties.ThetwopartiesshallperformtherelevantagreementsreachedintheSupplementaryAgreement.2.Bothpartiesagreeonthefollowing:(1)Iftheabsolutevalueoftheareadiscrepancyiswithin3%(3%included),thehousepaymentwillbemadeaccordingtoactualarea.(2)Iftheabsolutevalueoftheareadiscrepancyisover3%,thepurchaserhastherighttocancelthehousepurchase.Ifthepurchasercancelsthehousepurchase,thesellershouldreturnthepaid-upamounttothepurchaserwithin30daysuponthepurchaser’shousepurchasecancellation,andpayinterestonthebasisofzerointerestrate.Ifthepurchaserdoesnotcancelthehousepurchaseandtheareareportedonpropertyownershipregistrationislargerthantheareastipulatedinthecontract,thepaymentforthediscrepancywithin3%(3%included)willbepaidbythepurchaser,andthepaymentforthediscrepancyover3%willbeundertakenbytheseller.Thepropertyownershipbelongstothepurchaser.Iftheareareportedonpropertyownershipregistrationissmallerthantheareastipulatedinthecontract,thepaymentfortheareadiscrepancywithin3%(3%included)willbereturnedtothepurchaserfromtheseller,andthepaymentforthediscrepancyover3%willbereturneddoublytothepurchaserfromtheseller.Areadiscrepancyrate=(areareportedonpropertyownershipregistration-areastipulatedinthecontract)/areastipulatedinthecontract×100%Asfortheareadiscrepancycausedbydesignalteration,supplementaryagreementshouldbesignedifbothpartieddonotterminatethecontract.ArticleSixPaymentTermsandTimingPaymentwillbemadebythepurchaserfollowingmethod1:1.LumpsumpaymentPurchasershallpayoffthewholehousingfundatonetimebeforeDecember17th,2014(Ifpurchaserhasalreadypaidearnestmoney,themoneyshallbetransferredintoaconstituentpartofthehousingfund).Accordingtothedeterminationofpaymentdate,ifthepurchaserpaysthehousepricebymeansofbankremittance,thepaymentdateshallbethetimewhentheremittancearrivestotheseller’sbankaccount;ifthepurchaserpaysthehousepricebymeansofbankbills(billofexchange,checketc.),thepaymentdateshallbethetimewhenthefundonthebankbillreachesthebankaccountoftheseller.Bankingcommissionchargesandotherfeesarisingfrompaymentofthehouseshallbebornebythepurchaserhimself/herself.Thesellerissuesaformalhouse-purchaseinvoicetothepurchaserafterallthehousingfundarrivestothebankaccountoftheseller.2.Installmentpayment3.OthermeasuresArticleSevenPurchaser’sResponsibilityforBreachofContractDuetoOverduePaymentIfthepurchasedoesnotpaywithinthetimingstipulatedinthiscontract,followingmethod2willbecompliedwith:1.Handleseparatelyaccordingtotheoverdueperiod.(Noaccumulation)(1)Iftheoverdueperiodislessthandays,thepurchaseshouldpaypercentoftheoverduepaymentperdaytothesellerasthepenaltystartingfromthenextdayofthepaymentdeadlinestipulatedinthiscontracttotheactualpaymentday,andthecontractcontinuestobeeffective.(2)Iftheoverdueperiodisoverdays,thesellerhastherighttoterminatethecontract.Ifthesellerterminatesthecontract,thepurchasershouldpay%oftheaccumulativepayableamounttothesellerasthepenalty.Ifthepurchaseriswillingtocontinueperformingthecontract,thecontractwillcontinuetobeeffective.Fromtheseconddayafterthepaymentdeadlinestipulatedinthiscontracttotheactualpaymentday,thepurchasershouldpaypercent(thisrateshouldnotbelessthanthepenaltyratestipulatedinitem(1)justabove)oftheoverduepaymentperdaytotheseller.Theoverduepaymentinthisarticlereferstothebalancebetweentheduepayableamountstipulatedinarticlesixofthiscontractandtheactualpaymentofthatterm.Ifadoptinginstallmentpayment,theoverduepaymentwillbedeterminedaccordingtothebalancebetweenthepayableinstallmentamountandtheactualpaymentofthattime.2.ThetwopartiesshallperformtherelevantagreementsreachedintheSupplementaryAgreement.ArticleEightDeliveryTermThesellershoulddeliverthecommercialhousethatsatisfiestherequirementsbelowandagreetothestipulationsofthiscontract,tothepurchaseraccordingtorelevantstateandlocalgovernmentregulationsonorbeforeSeptember15th,2015:1.Thecommercialhousepassestheconstructionexaminationandacceptance.2.Thecommercialhousepassestheactualfootageexamination.3.Thecommercialhousepassesthecomprehensiveexaminationandacceptanceforeachconstructionterm.4.Thecommercialhouseacquiresapprovaldocumentondeliveryanduseofthecommercialresidence.5.Thiscommercialhouseisprovidedwithfilingdocumentoncompletionandacceptanceofconstructionalengineering.Ifencounteringspecialcircumstances,thesellercanpostponethedeliveryaccordingtoactualconditionsexceptwhenbothpartiesagreetoterminatethecontractoralterthecontractthroughdiscussion.1.Encounteringaforcemajeureandthesellerinformsthepurchaseraboutitwithin30daysupontheoccurrencedate.2. ArticleNineSeller’sResponsibilityforBreachofContractDuetoOverdueDeliveryExceptthespecialconditionstipulatedinarticleeightofthiscontract,itwillbehandledaccordingtothe2methodifthesellerfailstodeliverthecommercialhousetothepurchaseraccordingtothetimelimitstipulatedinthiscontract.1.Handleseparatelyaccordingtotheoverdueperiod.(Noaccumulation)1)Fortheoverdueperiodislessthandays,thesellershouldpaypercentofthepaid-uphousepurchasepaymentperdaytothesellerasthepenaltyfromtheseconddayafterthedeliverydeadlinestipulatedinarticleeightofthiscontracttotheactualdeliveryday,andtheperformanceofthecontractcontinues.2)Fortheoverdueperiodisoverdays,thepurchaserhastherighttoterminatethecontract.Ifthepurchaserterminatesthecontract,thesellershouldreturnallthepaid-uppaymentwithinonedayuponthepurchaser’sannouncementdayofthecontractterminationandpay%oftheaccumulativepaid-upamounttothesellerasthepenalty.Ifthepurchaseriswillingtocontinueimplementingthecontract,thecontractwillcontinuetobeeffective.Fromtheseconddayafterthedeliverydeadlinestipulatedinarticleeightofthiscontracttotheactualdeliveryday,thesellershouldpaypercent(thisrateshouldnotbelessthanthepenaltyratestipulatedintheitem(1)justabove)ofthepaid-uphousepurchasepaymentperdaytothepurchaser.2.ThetwopartiesshallperformtherelevantagreementsreachedintheSupplementaryAgreement.ArticleTenAgreementsonAlterationofPlanandDesignIfthequalityorfunctionofthecommercialhouseboughtbythepurchaserisinfluencedbytheplanningalterationapprovedbytheplanningdepartmentandthedesignalterationapprovedbythedesignunit,thesellershouldnotifythepurchaserinwrittenformwithin10daysuponthedayofapprovalfromrelevantdepartment.1.Thestructureform,housestyle,spaceandsize,facingofthecommercialhouse;(2) .Thepurchaserhastherighttoreplywhetherornottoterminatethehousepurchaseinwrittenformwithin15daysafterreceivingthenotice.Ifnowrittenreplyismade,itwillbedeemedthatthepurchaseracceptsthealteration.Ifthesellerdoesnotinformthepurchaserwithinstipulatedtimelimit,thepurchaserhastherighttocancelthehousepurchase.Ifthepurchasercancelsthehousepurchase,thesellershouldreturnpaid-uppaymenttothepurchaserwithindaysafterthehousepurchasecancellationdateandpayinterestsaccordingtoZerointerestrate.Ifthepurchaserdoesnotcancelthehousepurchase,supplementaryagreementshouldbesignedwiththeseller.ArticleElevenDeliveryWhenthecommercialhousereachesthedeliveryserviceablecondition,thesellershouldnotifythepurchasertohandledeliveryprocedures.Atthetakeoverofexaminationandacceptance,thesellershouldpresentdocumentaryproofstipulatedinarticleeightofthiscontractandsignthehousedeliverysheet.Ifthecommercialhouseisboughtasresidence,thesellershouldprovideGuaranteeLetterofResidenceQualityandResidenceInstructionBook.Ifthesellerfailstopresentthedocumentaryprooforthedocumentaryproofpresentedisincomplete,thepurchaserhastherighttorefusethetakeoverandthesellershouldundertaketheresponsibilitiescausedbyoverduedelivery.Incaseofoverduedeliveryduetotheseller’saccount,bothpartiesagreetocomplywithfollowingmeasures:ThetwopartiesshallperformtherelevantagreementsreachedintheSupplementaryAgreement.ArticleTwelve  Thesellerensuresthatthecommercialhouseforsaleisnotinvolvedindisputeofownershiporcredit’srightsandindebtedness.Incaseoftheseller’sreasonsthatcauseinabilitytohandleownershipregistrationoroccurrenceofcreditanddebtdispute,thesellershouldundertakefullresponsibilities.Thesellerassumesnoresponsibilityforfailureonregistrationofpropertyrightandcreditanddebtdisputesonthecommercialhouseduetoadministrativecausesorreasonsfromthepurchaserinsteadoftheseller.ArticleThirteenTheSeller’sCommitmentRegardingDecorationandFixtureStandardThedecorationandfixturestandardofthedeliveredhouseisdescribedinAppendix3.Ifthedecorationandfixturedonotmeetthestandard,Purchaserhasrighttohandlethematteraccordingthemethod2below:1. Thesellershoulddoublecompensatethepurchaserforthediscrepancy.2. ThetwopartiesshallperformtherelevantagreementsreachedintheSupplementaryAgreement.ArticleFourteenTheSeller’sPromiseonFormalOperationofPublicFacilitiesandBasicFacilitiesSellerpledgesthatthefollowinginfrastructuresandpublicutilizationdirectlyrelatedtothenormalfunctionofhecommercialhousewillsatisfytheserviceconditionbythefollowingdates:1. Waterandelectricitymeettheserviceconditionupondeliveryofthecommercialhouse;2. Heatingpipelinesshallbefinishedlyingupondeliveryofthecommercialhouse.Thepurchaserappliesforusingandpaysthecharges.Proceduresrelatedtoheatingapplicationandusingshallbesubjecttothestipulationoftheauthority:3. Heatingpipelinesshallbefinishedlayingupondeliveryofthecommercialhouse.Thepurchaserappliesforusingandpaysthecharges.Proceduresrelatedtoheatingapplicationandusingshallbesubjecttothestipulationoftheauthority.Ifthestipulationoftheauthoritychanges,acorrespondingchangeshallalsobemade:4. Pipelinesfortelephonecommunication,cabletelevisionandnetworksetc.shallbefinishedlayingupondeliveryofthecommercialhouse.Thepurchaserappliesforusingandpaysthecharges.Thetwopartiesagreetodealwithitaccordingtothefollowingwaysifthefacilitiesfailtomeettheserviceconditionwithinthestipulateddate:Sellertakesfurthermeasurestomaketheabovementionedfacilitiesmeettheserviceconditionwhilethepurchasershallnotrequestthesellertoundertakeresponsibilityforbreachofcontractorforcompensations.ArticleFifteenAgreementsonOwnershipRegistrationThesellershould,within360daysafterthecommercialhousedelivery,submitownershipregistrationmaterialsprovidedbythepurchasertotheownershipregistrationadministrationforfiling.Ifthepurchaserfailstoobtaintherealestateownershipcertificatewithinstipulatedtimelimitduetotheseller’sreasons,bothpartiesagreetocomplywiththefollowingmeasure:1. Thepurchasercancelsthehousepurchase,andthesellerreturnsthepaid-uphousepaymenttothepurchaserwithin0dayafterthepurchaser’shousepurchasecancellation,andpay0.0%asofthepaid-uphousepaymentasthecompensationforthepurchaser’sloss.2. Thepurchaserdoesnotterminatethehousepurchase,andthesellerpays0.0%asofthefinalpricetothepurchaseraspenalty.3. ThetwopartiesshallperformtherelevantagreementsreachedintheSupplementaryAgreement.ArticleSixteenWarrantyResponsibilitiesForthecommercialhouseboughtforcommercialresidenceuse,theGuaranteeLetterofResidenceQualityistheannexofthiscontract.ThesellershouldassumerelevantwarrantyresponsibilitiesfromthecommercialhousedeliverydayaccordingtothecommitmentsintheGuaranteeLetterofResidenceQuality.Forthecommercialhouseboughtfornon-commercialresidenceuse,bothpartiesshouldmakespecificstipulationsonwarrantyscope,periodandresponsibilitiesetcinformofcontractannex.Asforthequalityproblemsoccurredwithinthewarrantyscopeandperiodofthecommercialhouse,thesellershouldperformwarrantyobligation.Forthedamagecausedbyforcemajeureornotseller’sreasons,thesellerwillnotundertakeresponsibility,butmayofferassistanceformaintenance.Themaintenancechargeswillbepaidbythepurchaser.ThesellerundertakeswarrantyresponsibilitiesforresidencebasedonGuaranteeLetterofResidenceQuality,andfornon-residencebasedonresidencequalitywarrantyregulationsornormativedocuments.ArticleSeventeenBothPartiesAgreeonFollowingIssues:1.Therighttousetheroofsurfaceofthebuildingwherethecommercialhouselocates:belongstotheunifiedmanagementoftherealestateservicecompany;2.Therighttousetheexteriorwallofthebuildingwherethecommercialhouselocates:belongstotheunifiedmanagementoftherealestateservicecompany;3.Therighttonamethebuildingwherethecommercialhouselocates:belongstoseller;4.Therighttonamethecommunitywherethecommercialhouselocates:belongstoseller;5.Therighttonametheroads,greenbeltsandpublicplacesinthecommunitywherethecommercialhouselocates:belongstoseller;6. Therightofuseofauxiliaryconstructionsinthecommunicatedwherethiscommercialhouseislocatedshallbeundertheunifiedmanagementoftherealestateservicecompany.ArticleEighteenThepurchaser’shousehasasolepurposeforresidentialuse.Duringtheusageperiod,thepurchasercannotalterthemainconstructionstructure,bearingstructureandpurposeofthecommercialhousedeliberately.Exceptotherwiseregulatedinthiscontractandtheappendixthereof,thepurchaserisentitledtosharethecommonareasandfacilitiesrelatedtothecommercialhousewithotherowners,andundertakeobligations.Thesellercannotalterthefunctionofthecommonpartsandfacilitiesrelatedtothecommercialhousedeliberately.ArticleNineteenThiscommercialhouseshallcomplywithEnergyConservationLawofthePeople’sRepublicofChina,energyconservationstipulationsinRegulationsonEnergyConservationofCivilBuildings(StateCouncilNo.530)aswellasGuaranteeLetterofResidenceQualityandResidenceInstructionBooksupervisedandmadebyLanzhouUrbanConstructionAdministration.Forthosefailtomeettherequirement,thesellershallcompletetheenergyconservationmeasuresasrequiredandundertakeallthecost.Besides,thesellershallundertaketheliabilityforcompensationtothelossescausedtothepurchaser.ArticleTwentyForthedisputesoccurredduringtheperformanceofthecontract,thetwopartieswillsolvethroughdiscussion.Ifthediscussionfailstowork,thesecondmeasureasfollowwillbecompliedwith:1. Submittoarbitrationcommittee.2. ToinstitutelegalproceedingstothePeople’sCourt.ArticleTwentyOneFortheissuesexcludedinthiscontract,thesupplementaryagreement(annexfour)shouldbesigneduponbothparties’consents.ArticleTwentyTwoThecontractannexesbeartheequivalentlegalforceasthiscontract.Withinthecontractandtheannexthereof,thewrittencharactersfilledinBlankbeartheequivalentforceastheprintedtext.ArticleTwentyThreeThiscontractattachedwithannexeshas20pages,andisdonein4copies,whichbeartheequivalentlegalforce.Thecontractsareheldasfollow:Twocopiesarefortheseller,onecopyforthepurchaserandtwocopiesforadministrationforrealestate.ArticleTwentyFourThiscontractcomesintoeffectuponbothparties’signature.ArticleTwentyFiveFortheadvancesaleofthecommercialhouse,thesellershouldapplyforfilingregistrationtoLanzhouCityAdministrationforHousingSecurityandRealEstatewithin30daysafterthecontractbecomeseffective.Seller(Signature) Purchaser(Signature)【Legalrepresentative】 【Legalrepresentative】【AuthorizedAgent】: 【AuthorizedAgent】:(Signature) (Signature)December17th,2014 December17th,2014Signedat SignedatAnnexII:DescriptiononconstitutionofsharedconstructionareasforpublicpartandcommonhousesAnnex2:Descriptiononconstitutionofsharedconstructionareasforpublicpartandcommonhouses:theconstructionareacalculationandtheconstitutionofsharedconstructionareaforthecommercialhouseforadvancepurchaseshallbebasedonthenationalstandardofP.R.CGB/T7986.1-2000,GB/T17986.2-2000SpecificationonHousePropertySurvey.Thesurveydataontheareashallbesubjecttotheagencyauthorizedorendorsedbythegovernmentandtheagencyisresponsibleforinterpretation.(Noformaltextbelow)AnnexIII:DecorationandFixtureStandard1. Externalwall:stone-likepaint,stonematerials2. Internalwall:stonematerials,carpentry,wallpaper,emulsionpaint3. Ceiling:emulsionpaint4. Floor:stonematerials,floortiles,parquet5. Doorsandwindows:frontentrancedoor:fireproof,securitydoor;internaldoor:topgradewooddoor;externalwindow:aluminumalloythermal-breakhollowglasswindow6. Kitchen:tiles,emulsionpaint,cupboard7. Toilet:tiles,waterproofpaint,sanitaryappliances8. Balcony:floortiles,emulsionpaint9. Elevator:Joint-venturebranded10. Other:wall-hanginggasstoveradiantfloorheatingBindingOverXXAdministrationforRealEstateManagementXX.andXXbothmakeacommitmentthattheywillpromptlyprintandsignthepre-salecontractforcommercialhousesubmittedonlineforfilingaccordingtotherequirementfortheonlinefilingoperationsystem.Meanwhile,bothpartiesguaranteethatthecontentofthesignedcontractforpre-saleofcommercialhouseisinconsistentwiththatonline.Wewillundertakeallthelegalliabilitiesincaseofbreachingthecommitmentabove.Itisboundoverhereby.Purchaser:Issuedby(Seal): December17th,2014