Credit Services. DFS shall perform the following services in connection with Greenwood’s credit card and such other loan products as the parties find mutually agreeable:
Credit Services. Titan shall assist the Company in identifying and obtaining cost-effective sources of financing consistent with the needs of Titan and its affiliated companies. Subject to entering into a reimbursement agreement, Titan may provide the Company with corporate guaranties or other credit support in connection with the Company's direct external financing transactions.
Credit Services. The internal control measures on the determination of interest rate or fee rate for the Credit Services are as follows:
Credit Services. Credit services to be provided to the Group by CNAF are expected to be conducted on normal commercial terms or better, and not to be secured by the assets of the Group. Therefore, such transactions will be fully exempt from the reporting, annual review, announcement and independent shareholders’ approval requirements for continuing connected transactions in accordance with Rule 14A.90 of the Hong Kong Listing Rules. Other financial services The other financial services to be provided by CNAF to the Group will be carried out on normal commercial terms or better and the aggregate annual fees to be paid by the Group to CNAF for such services for each of the three years ending 31 December 2021, 2022 and 2023 are expected to fall below the de minimis threshold as stipulated under Rule 14A.76(1) of the Hong Kong Listing Rules. Therefore, such transactions will be fully exempt from the reporting, annual review, announcement and independent shareholders’ approval requirements under the Hong Kong Listing Rules.
Credit Services. As one or more of the applicable Percentage Ratios in respect of the CNAHC New Annual Caps exceed 5% but below 25%, the Credit Services to be provided to the CNAHC Group by CNAF under the CNAHC Financial Services Agreement are subject to (i) the requirements applicable to discloseable transaction under Chapter 14 of the Hong Kong Listing Rules; and (ii) the reporting, announcement and independent shareholders’ approval requirements under Chapter 14A of the Hong Kong Listing Rules. Other financial services The other financial services to be provided by CNAF to the CNAHC Group will be carried out on normal commercial terms or better and the aggregate annual fees to be paid by the CNAHC Group to CNAF for such services for each of the three years ending 31 December 2021, 2022 and 2023 are expected to fall below the de minimis threshold as stipulated under Rule 14A.76(1) of the Hong Kong Listing Rules. Therefore, such transactions will be fully exempt from the reporting, annual review, announcement and independent shareholders’ approval requirements for continuing connected transactions.
Credit Services. Pursuant to the New Financial Assistance Agreement, JCC Financial will provide credit services (including but not limited to loan services, discounted notes, commercial acceptance bills, letter of guarantee, overdraft, accounts receivable factoring and finance leases) to JCC Group. JCC Financial and JCC agreed that the total daily outstanding balance of the credit services to JCC Group shall not exceed the total daily amount of deposits from members of JCC Group. JCC Group agreed to provide joint and several guarantee for loans provided by JCC Financial to members of JCC Group. In the event that any member of the JCC Group breaches the terms of the New Financial Assistance Agreement or implementation agreements in utilising the credit services, resulting in JCC Financial being unable to recover all or part of the loans, JCC Financial is entitled to offset the deposit of JCC Group in JCC Financial against the loan (including but not limited to the interests, default interests, penalty and other expenses in realising the debt) provided by JCC Financial to members of JCC Group. The amount of credit services provided to JCC Group by JCC Financial shall in no event exceed the proposed cap under the New Financial Assistance Agreement. Interest rates for such loans charged by JCC Financial will be payable by JCC Group on a monthly or quarterly basis depending on the terms of the loan agreements to be entered into between the parties and are subject to the relevant guidelines and regulations of PBOC, with reference to the standard rates quoted by the PBOC or at a rate not lower than those offered by other financial institutions to JCC Group and shall be on normal commercial terms or more favourable terms to JCC Financial.
Credit Services. During the term of this Agreement, the --------------- Company shall, either directly, through one or more of its subsidiaries or through one or more of its third party service providers, provide credit services to Sub including without limitation full credit checking and analysis and credit card processing for customer orders.
Credit Services. Pursuant to the New Financial Services Agreement, JCC Finance will provide credit services (including but not limited to loan services, discounted notes, commercial note acceptance, issuance of letters of guarantee, provision of overdraft, accounts receivable factoring and finance leases) to JCC Group. JCC Finance and JCC agreed that the total daily outstanding balance of the credit services provided by JCC Finance to JCC Group shall not exceed RMB2,400 million (equivalent to approximately HK$2,641 million) and the total daily amount of deposits of members of JCC Group maintained with JCC Finance shall be larger than the total daily outstanding balance of such credit services. JCC Group agreed to provide joint and several credit guarantee to JCC Finance for loans provided to members of JCC Group. In the event that any member of JCC Group breaches the terms of the New Financial Services Agreement or the relevant implementation agreements in utilising the credit services, resulting in JCC Finance being unable to recover all or part of the loans, JCC Finance is entitled to offset the loans (including but not limited to the interests, default interest, liquidated damages and other expenses in realising the debt) provided by JCC Finance to members of JCC Group by the deposit of JCC Group maintained with JCC Finance. The amount of credit services provided to JCC Group by JCC Finance shall in no event exceed the proposed cap under the New Financial Services Agreement, and shall be on normal commercial terms or better to JCC Finance. Interest rates for such loans charged by JCC Finance will be payable by JCC Group on a monthly or quarterly basis depending on the terms of the loan agreements to be entered into between the parties and are subject to the compliance with relevant guidelines and regulations of PBOC, with reference to the loan rate policy uniformly promulgated by the PBOC or at a rate not lower than those offered by other domestic financial institutions to JCC Group for credit services of similar nature.
Credit Services. As the highest applicable percentage ratio (as defined in Rule 14.07 of the Listing Rules) in respect of the Daily Credit Cap of the Group with Shougang Finance Company exceeds 0.1% but is less than 5%, the provision of the Credit Services by Shougang Finance Company to the Group under the Financial Services Framework Agreement is subject to the reporting, announcement and annual review requirements but is exempt from the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.
Credit Services. Shougang Finance Company shall provide comprehensive credit services to the Group, including loans, acceptance of xxxxx, xxxx discounting, guarantees and other forms of capital financing businesses. The loan interest rate and fee provided by Shougang Finance Company to the Group shall not be higher than the interest rate or fee of the same type of credit services quoted by other domestic or overseas financial institutions under the same terms and conditions, and shall be determined on arm’s length negotiations between the parties in accordance with normal commercial terms. The Daily Credit Cap of the Group with Shougang Finance Company is RMB400,000,000 during the Term.
