Common use of Interest Rate and Interest Clause in Contracts

Interest Rate and Interest. 1.1 If the borrowing rate hereunder adopts floating interest rate, the rules for interest rate adjustment after the borrowing becomes overdue will still be executed according to the original method.

Interest Rate and Interest. 1.1 If the borrowing rate hereunder adopts floating interest raterate is employed for the loan hereunder, after the loan is overdue, the original way will still apply to the rules for adjustment of interest rate adjustment after the borrowing becomes overdue will still be executed according to the original methodrates.