Lending rate. The parties agree on an interest rate of 4.75% for this loan. The Interest should be paid monthly.
Lending rate. (i) The pricing benchmark interest rate shall follow the following agreement (1):
(1) One-year term grade LPR.
(2) term grade SHIBOR.
(3) term grade LIBOR
(4) term grade HIBOR.
(5) term grade SIBOR.
(6) term grade RMB Benchmark Deposit Interest Rates of PBC. Among the above, LPR shall be selected as the pricing benchmark interest rate for RMB fixed interest rate loan.
(ii) Pricing formula of lending rate: lending rate = pricing benchmark interest rate + / % or -0.25%.
(iii) The lending rate (which refers to the annualized interest rate, the same below) shall follow the following agreement (1):
Lending rate. 8 Letter(s) of Credit . . . . . . . . . . . . . . . . . . . . . . . . 8
Lending rate. The loan interest rate for each loan is determined on the basis of the applicable LPR value on the “Applicable Date of Pricing Benchmark” stipulated in the corresponding “Application for Quota Use”, and according to the plus (minus) point value agreed in the “Application for the Use of Quota”. Taking the “Applicable Date of Pricing Benchmarks” as T day, the LPR value applicable to T day is the latest LPR value released before T days.
Lending rate. The lending rate of RMB can be decided by type (1) as follows:
(1) Floating interest rate The lending rate floats upward 2.9412% based on the setting rate, implements the annual interest rate of 6.30%, the lending setting rate of less than 5 (including 5 years) years is calculated by RMB benchmark lending rate of corresponding period published by the People’s Bank of China; the lending setting rate of more than 5 years is calculated by lending ruling rate of interest of RMB plus zero (Capitalized) percentage point published by the People’s Bank of China. Six (Capitalized) months is one period of interest rate adjustment. If the People’s Bank of China adjusts its RMB benchmark lending rate, from the lending corresponding day of the first month in the next period of interest rate adjustment, the loaner should decide new lending rate with implementation according to benchmark interest rate of corresponding time and level after adjusting and the above formula mode, the borrower will not be informed further. The adjustment day of lending rate and lending issuing date, or the lending corresponding day of the first month of the period are the same day, the new implemented lending rate should be decided since the adjusting day of the setting rate. If have no lending corresponding day, the last day of the month is regarded as lending corresponding day.
(2) Fixed interest rate The lending rate______ floats (upward/downward) ______ % based on the setting rate, implements the annual interest rate______% until the lending due date. The lending setting rate of less than 5 (including 5 years) years is calculated by RMB benchmark lending rate of corresponding period published by the People’s Bank of China; the lending setting rate of more than 5 years is calculated by RMB benchmark lending rate plus______(Capitalized) percentage point published by the People’s Bank of China. The lending rate of foreign exchange can be decided by type___ as follows:
(1) month/months (Capitalized)______ (LIBOR/HIBOR) +______ % of margin consists of the floating lending rate by ______ months (Capitalized). LIBOR/HIBOR is an inter-bank offered rate of London or Hong Kong during the corresponding time limit of the first two working days published by Reuters.
(2) Implement the annual interest rate______% until the lending due date.
(3) Other modes ______________________________.
Lending rate. Rs. 5 / MMBtu / Day
Lending rate. The parties agree on an interest rate of 6.5% for this loan.
Lending rate. 4.1.1 The lending rate under this Agreement is a fixed annual interest rate, that is simple interest of 5% per year. Unless otherwise agreed in this Agreement, during the term of the loan, the interest rate shall remain unchanged.
4.1.2 In case of the circumstance under Clause 3.2, the lending rate in the whole course under this Agreement shall increase to simple interest of 8% per year, starting from the actual loan date.
4.1.3 In case of the circumstance under Clause 3.3, the lending rate in the whole course under this Agreement shall adjust to 0% per year, starting from the actual loan date.
Lending rate. 1.1 When Base lending rate is set at short term prime rate:
1.1.1 The Overdraft Lending Rate shall be the Lending Rate set forth above, which shall be the Base Lending Rate plus a margin agreed upon through consultations between Borrower and Lender.
1.1.2 In the event that the Bank changes the short-term prime lending rate after the date on which this Agreement is executed, the Overdraft Lending Rate shall be automatically raised or lowered, as the case may be, by the margin of change in the short-term prime lending rate.
1.1.3 In the event that, due to changes in financial conditions or any other comparable cause, the Bank abandons use of the short-term prime lending rate, the Overdraft Lending Rate shall be determined through consultations between Borrower and the Bank. In the event that Borrower and the Bank fail to reach agreement in such instance, the Overdraft Lending Rate prevailing immediately prior to such abandonment of the short-term prime rate shall continue to apply.
1.1.4 The amended Overdraft Lending Rate applied to existing overdrafts shall be applied from the day immediately following the first Interest Payment Date after such change in the short-term prime rate.
1.1.5 In instances in which, for the Bank’s own reasons, the lending rate is changed pursuant to Article 1.1.2 hereof in conjunction with changes in the short-term prime rate, the Bank shall be entitled to temporarily receive interest payments at the lending rate prevailing prior to such change and, after the lapse of a period designated by the Bank, to once again receive interest payments at the Overdraft Lending Rate after such change. With regard to the differences in the amounts of interest payments arising from changes in the Overdraft Lending Rate in such instances, such difference shall be paid back to Borrower when the Overdraft Lending Rate has been lowered and shall be paid additionally by Borrower when the Overdraft Lending Rate has been increased, such amounts being deposited into or withdrawn from the transaction account set forth above (the “Deposit Account”).
1.2 When the Base Lending Rate is set at the rate at which the Bank is able to procure funds in the money market:
1.2.1 In this Agreement, “the rate at which the Bank is able to procure funds in the money market” shall mean the rate at which the Bank is able to procure funds in the money market for a Lending Rate Term two business days prior to the beginning of such Lending Rate Term.
1.2.2 The Overdraft Lendin...
Lending rate. The lending rate of RMB can be decided by type (1) as follows:
(1) Floating interest rate The lending rate floats upward 2.9412% based on the setting rate, implements the annual interest rate of 6.30%, the lending setting rate of less than 5 (including 5 years) years is calculated by RMB benchmark lending rate of corresponding period published by the People’s Bank of China; the lending setting rate of more than 5 years is calculated by lending ruling rate of interest of RMB plus zero (Capitalized) percentage point published by the People’s Bank of China. Six (Capitalized) months is one period of interest rate adjustment. If the People’s Bank of China adjusts its RMB benchmark lending rate, from the lending corresponding day of the first month in the next period of interest rate adjustment, the loaner should decide new lending rate with implementation according to benchmark interest rate of corresponding time and level after adjusting and the above formula mode, the borrower will not be informed further. The adjustment day of lending rate and lending issuing date, or the lending corresponding day of the first month of the period are the same day, the new implemented lending rate should be decided since the adjusting day of the setting rate. If have no lending corresponding day, the last day of the month is regarded as lending corresponding day.