Common use of Interest Rate and Interest Clause in Contracts

Interest Rate and Interest. 4.1 Interest of the Loan is calculated daily from the drawdown date and paid monthly on the 20th day of each month. Principal is paid off on maturity date with all due interest. 4.2 The interest rate of the Loan under this Contract is fixed rate per annum of 5.58%, which shall not be adjusted during the valid period. 4.3 If the People’s Bank of China adjusts the lending rate during the term of the Loan and such adjustment is applicable to the Loan, Party B is entitled to calculate interest on the Loan at the interest rate and in the method after the adjustment without informing Party A.

Interest Rate and Interest. 4.1 Interest of the Loan is calculated daily from the drawdown date at the monthly rate of 4.425 ‰ and paid monthly on the 20th day of each month. Principal is paid off on maturity date with all due interest. 4.2 The interest rate of the Loan under this Contract is fixed rate per annum of 5.58%, which shall not be adjusted during the valid period. 4.3 If the People’s Bank of China adjusts the lending rate during the term of the Loan and such adjustment is applicable to the Loan, Party B is entitled to calculate interest on the Loan at the interest rate and in the method after the adjustment without informing Party A.

Interest Rate and Interest. 4.1 Interest of the Loan is calculated daily from the drawdown date and paid monthly on the 20th day of each month. Principal is paid off on maturity date with all due interest. 4.2 The interest rate of the Loan under this Contract is fixed rate per annum of 5.586.12%, which shall not be adjusted during the valid period. 4.3 If the People’s Bank of China adjusts the lending rate during the term of the Loan and such adjustment is applicable to the Loan, Party B is entitled to calculate interest on the Loan at the interest rate and in the method after the adjustment without informing Party A.

Interest Rate and Interest. 4.1 Interest of the Loan is calculated daily from the drawdown date at the monthly rate of 4.65 ‰ and paid monthly on the 20th day of each month. Principal is paid off on maturity date with all due interest. 4.2 The interest rate of the Loan under this Contract is fixed rate per annum of 5.58%, which shall not be adjusted during the valid period. 4.3 If the People’s Bank of China adjusts the lending rate during the term of the Loan and such adjustment is applicable to the Loan, Party B is entitled to calculate interest on the Loan at the interest rate and in the method after the adjustment without informing Party A.