Address: _ _ _ _ _ _ _ _ _ _ _
Tel: _ _ _ _ _ _
Agent: _ _ _ _ _ _ _ _ _
Address: _ _ _ _ _ _ _ _ _ _ _
Tel: _ _ _ _ _ _
Loan bank: _ _ _ _ _ _
Address: _ _ _ _ _ _ _ _ _ _ _
Tel: _ _ _ _ _ _
This loan contract consists of _ _ _ _ _ _ _ _ _ parts.
Whereas the borrower intends to borrow from the bank, the banks separately but not jointly propose loans to the borrower, with a total loan of _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Article 1 Definitions The following terms have the following meanings:
(1) Bank working day refers to the business day on _ _ _ _ _ when the interbank market and the bank conduct USD deposit transactions. _ _ _ _ bank working day refers to the trading day of _ _ _ bank deposits in US dollars.
(2) Payment date has the meaning of this term in Article 2.2.
(3) USD or $ means the legal tender of the United States.
(4) Event of Default has the meaning of the term in Article 1 1. 1.
(5) Interest payment date: for the interest period, it refers to the last day of the interest period.
(6) Interest-bearing period refers to the period from the payment date (the first interest-bearing period), or from the last day of the previous interest-bearing period to the date corresponding to the payment days or the last day of the sixth month thereafter.
(7) The loan branch refers to the bank office specified in Appendix 1 for any bank, or for the purpose of this contract, the bank may notify the borrower of the correspondent bank to designate it as its loan branch and other office at any time.
(8)_ _ _ _ _ Interbank Offered Rate: In any interest-bearing period, it refers to any interest rate (expressed as annual interest rate) determined by the correspondent bank, which is calculated on average after several reference banks (or, if the reference bank is not a bank, the subsidiary bank of the reference bank) notify the correspondent bank of their respective interest rates. At 0: 00 am on the working days of two banks before the start of an interest period, each reference bank will provide the major banks in the interbank market with US dollar deposits with the same term as the above interest period according to their respective interest rates. This amount is actually equal to the loan amount borrowed in advance and carried forward to _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _. However, if any reference bank fails to notify the interest rate in this way, the interbank offered rate must be determined according to the interest rate notified by other reference banks to the correspondent bank.
(9) Loan: For any bank at any time, it refers to the loan issued by the bank or the loan whose principal amount has not been repaid by the bank. Loans at any time refer to the sum of loans issued by all banks at the above time.
(10) Loan Commitment Letter: For any bank, it refers to a certain amount, which is written next to the bank name on the signature page of the loan contract.
(1 1) The bank with the most loan right: refers to the bank whose loan commitment accounts for more than 50% of the total loan commitment at any time before any loan is paid, and the bank whose loan accounts for more than 50% of the total loan principal at any time thereafter.
(12) spread: 1%.
(13) Notes: refers to each promissory note evidencing any bank loan, basically in the format of Annex 2.
(14) Reference Bank: refers to _ _ Bank, _ _ Bank and _ _ Bank Head Office.
(15) Subsidiary: refers to any entity that is actually owned or directly or indirectly controlled by one or more entities of the borrower, or actually owned or indirectly controlled by the borrower and one or more entities, at any time, more than 50% of the publicly issued voting shares or other shareholders' rights and interests that usually have the right to elect its directors or other management departments.
(16) Termination date: refers to _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.
(17) All loan commitments refer to USD.
Article 2 Commitment and Payment
2. 1 loan commitment: each bank agrees to provide the borrower with a loan with the principal amount equal to the bank's loan commitment through its loan branch according to the terms and conditions of this contract.
2.2 Notice and loan commitment: If the borrower wants to borrow an amount equal to all loan commitments, he should send a notice to the correspondent bank at 5: 00 p.m. five banking days before the loan date (payment date) (that is, one banking day before the termination date) and inform him that the loan income will be credited to the account.
2.3 Payment: The correspondent bank shall immediately notify the banks of the date of payment by telex or telegram. All banks shall, on the morning of the payment date, provide the correspondent bank with funds equal to the loan commitment amount according to the conditions stipulated in this contract, and deposit the funds settled through the inter-bank clearing system or other US dollar settlement funds determined by the correspondent bank at that time into _ _ _ _ _ _ for international banking transactions.
Article 3 Repayment
3. 1 repayment method: unless otherwise agreed in this contract, the borrower repays the loan in _ _ _ _ installments every six months. The amount of each installment is equal to one-third of the loan, but the first installment should be rounded up to an integer multiple of $65,438 +0, and the last installment is the amount necessary to fully pay off the outstanding loan balance. Each installment of the loan should be paid on the continuous interest payment date from the _ _ _ _ interest payment date.
3.2 Voluntary prepayment: The borrower can prepay all or part of the loan at an integer multiple of _ _ _ _ _ USD on the interest payment date. If it is not later than 5: 00 pm on the working day of the bank before the date on which the borrower is willing to prepay, the borrower shall send an irrevocable notice to the agent bank about the above date and prepayment amount. The fixed amount together with the interest on the interest payment date shall be paid to the bank at 0.5% of the amount repaid in advance on that day. Part of the prepayment shall be apportioned according to the loan proportion and repaid by installments in the reverse order as agreed in Article 3. 1. According to this contract, the money repaid in advance shall not be borrowed again.
3.3 Illegal behavior: If any bank determines at any time that any law, clause or treaty or any change thereof, or any change in its interpretation or application, makes it illegal for the bank to issue loans or continue to issue loans or request or accept any payables, the bank shall notify the borrower of the above decision. If the loan is issued after the above-mentioned loan payment, the borrower shall repay all the loans in advance on the interest payment date immediately after the notice date; Alternatively, if the bank determines that the loan needs to be repaid in advance before the interest payment date, it shall pay the interest payable on the loan prepayment date and all other payments that the borrower should pay to the bank according to the requirements of the bank.
Article 4 Interest
4. 1 basic interest rate:
(1) Unless otherwise stipulated in Article 4.2 or 4.3, interest shall be paid for each loan in the first interest-bearing period. From the first day of the interest-bearing period (including the first day) to the last day of the interest-bearing period (excluding the last day), the annual interest rate is equivalent to the spread of the interest-bearing period plus the interbank offered rate.
(2) Unless otherwise stipulated in this contract, the interest payable on the loan shall be paid on each interest payment date.
(3) The correspondent bank shall notify the borrower and the bank immediately after each decision on the interbank offered rate.
4.2 Interest on deferred payment: If any money payable by the borrower is overdue, the interest on the above-mentioned money shall be paid within the scope permitted by applicable laws, from the payment date (including that date) to the payment date (excluding that date) of the above-mentioned money.