Common use of Fixed Interest Rate Clause in Contracts

Fixed Interest Rate. The interest rate of the Loan shall float by 10 % up (up/down) the base rate and the annual interest rate shall be 6.138% until the maturity date of the Loan. The base rate of a loan for a term of five years or less shall be the base rate of RMB loans in the same period as publicized by the People’s Bank of China, and that of a loan for a term of more than five years shall be said base rate of RMB loans plus × (in capital letters) percent. Interest rate of foreign-currency loans shall be determined using the × method described here below:

Appears in 6 contracts

Samples: Asian Financial Inc, Asian Financial Inc, Asian Financial Inc

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Fixed Interest Rate. The loan interest rate of the Loan shall float floats upward/downward by 10 / % up (up/down) the base rate and the annual to stand at _/__% per annum. The benchmark interest rate shall be 6.138% until the maturity date of the Loan. The base rate of a loan for loans with a term of five years or less shall be is the base benchmark RMB interest rate of RMB loans in for the same period as publicized term announced by the People’s Bank of China, and while that of a loan for loans with a term of more than five years shall be said base is the above interest rate plus _/__ (in words) percentage point(s). The interest rate of RMB loans plus × (in capital letters) percent. Interest rate of foreign-foreign currency loans shall be determined using the × method described here as per Method __/___ below:

Appears in 4 contracts

Samples: Loan Contract (China Shenghuo Pharmaceutical Holdings Inc), Loan Contract (China Shenghuo Pharmaceutical Holdings Inc), Loan Contract (China Shenghuo Pharmaceutical Holdings Inc)

Fixed Interest Rate. The loan interest rate of the Loan shall float floats upward/downward by 10 % up (up/down) the base rate and the annual to stand at ___% per annum. The benchmark interest rate shall be 6.138% until the maturity date of the Loan. The base rate of a loan for loans with a term of five years or less shall be is the base benchmark RMB interest rate of RMB loans in for the same period as publicized term announced by the People’s Bank of China, and while that of a loan for loans with a term of more than five years shall be said base is the above interest rate plus ___ (in words) percentage point(s). The interest rate of RMB loans plus × (in capital letters) percent. Interest rate of foreign-currency loans foreign exchange shall be determined using the × method described here as per Method _____ below:

Appears in 1 contract

Samples: Loan Contract (China Shenghuo Pharmaceutical Holdings Inc)

Fixed Interest Rate. The interest rate of the Loan shall float by 10 % up (up/down) the base rate and the annual interest rate shall be 6.1386.732% until the maturity date of the Loan. The base rate of a loan for a term of five years or less shall be the base rate of RMB loans in the same period as publicized by the People’s Bank of China, and that of a loan for a term of more than five years shall be said base rate of RMB loans plus × (in capital letters) percent. Interest rate of foreign-currency loans shall be determined using the × method described here below:

Appears in 1 contract

Samples: Loan Contract (Asian Financial Inc)

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Fixed Interest Rate. The interest rate of the Loan shall float by 10 % up ×up (up/down) the base rate and the annual interest rate shall be 6.1387.227% until the maturity date of the Loan. The base rate of a loan for a term of five years or less shall be the base rate of RMB loans in the same period as publicized by the People’s Bank of China, and that of a loan for a term of more than five years shall be said base rate of RMB loans plus × (in capital letters) percent. Interest rate of foreign-currency loans shall be determined using the × method described here below:

Appears in 1 contract

Samples: Loan Contract (Asian Financial Inc)

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