borrower: ________________
address: _________________
lender: __________________
address: _________________
article 1 currency, amount and term of the loan:
1. the currency under this loan is reiminbi.
2. the line of the loan is yuan.
article 2 the purpose of the loan:
1. the purpose of this loan is used for working capital turnover.
article 3 interest rate and calculation of interest:
article 4 overdue interests and misusing interests
3. the borrower shall not draw the loan less than 1 million.
article 7 conditions for draw-down
2. this contract and the appendices have been effective;
6. the guaranty under this contract has been effective;
8. the other requirement for the draw-down have been satisfied.
article 8 repayment plan and prepayment
4. the installment of repayment shall not less than 1 million.
article 9 debt certificate
article 11 representations and warranties
i. the borrowers represents and warrants as follows:
(2) pending actions and arbitration;
ii. the borrower hereby warrants as follows:
(4) the borrower involves in material actions or arbitration;
article 12 representations and warrants of the lender
i. the lender represents and warrants as follows:
ii. the lender warrants as follows:
article 13 events of breach contract and settlement:
i. settlement of the borrower breach of contract
1. event of breach of contract:
(6) the borrower breaches the other obligations under this contract.
2. under the above circumstances, the lender shall have right to:
(2) cease in e_tending the loan or cancel the credit;
ii. the settlement for the lender breach of the contract
3. the lender breaches the provisions set forth in article 12;
4. under the above circumstances, the borrower shall have right to:
(1) request the lender to rectify;
article 15 assignment of the debt and credit
article 16 performance of obligation and waiver of rights
article 17 amendment, supplement and interpretation of the contract
article 18 dispute resolution, governing law and waiver of e_emption
(if both parties agree to apply arbitration, the above term shall be:)
article 19 other matter agreed by the parties.
the following appendices shall be integral part of this contract:
2. _______________________
to: the borrower: _________________
address: ______________________
post code: ____________________
fa_: __________________________
to: the lender: ___________________
address: ______________________
post code: ____________________
fa_: __________________________
2. if any change of address shall inform the other party immediately.
U249128194
U182064597
