Loan Commitment Services Sample Clauses

Loan Commitment Services. The lender shall provide commitment services to the borrower during the commitment service period (from the effective date of this loan contract to the withdrawal date specified in this contract) that the borrower can withdraw but has not withdrawn the loan (hereinafter referred to as “unused loan”). By mutual agreement between the borrower and the lender The agreement is as follows: The lender, based on the principle of “reduction of fees and benefits”, waives the commitment fee for the aforementioned promised services, and the assessed exemption amount is RMB 1,700.
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Loan Commitment Services. (If the borrower is a small and micro enterprise, this clause shall be deleted;If the borrower is not a small or micro enterprise, one of the three options should be reserved according to the actual situation, and the other options should be deleted) The Lender provides the promised service for the loan that the Borrower may and does not draw during the promised Service period (from the effective date of this Loan Contract to the drawdown date agreed herein) (hereinafter referred to as the “Undrawn Loan”). Upon mutual agreement between the Borrower and the lender, the commitment is as follows: ☐ The Borrower shall pay a commitment fee for the aforesaid promised services. The specific fee standard and collection method shall sign the Commitment Service Agreement separately during the promised service period. ☐ The Borrower shall pay a commitment fee for the aforesaid promised services. It is agreed that the commitment fee is RMB ________ Xxxx, and the date of collection is________ (Note: it can be agreed to be collected in one time or in installments. For those charged in installments, please fill in the date and amount of the fee in this column). ☐ The Lender shall, in accordance with the principle of “fee reduction and interest concession”, waive the commitment fee for the aforesaid aforesaid service and assess the amount to be RMB _______ Yuan. ☐ Others: _______ (Note: fill in according to the actual agreement)

Related to Loan Commitment Services

  • Revolving Loan Commitment Each Lender with a Revolving Loan Commitment agrees to make loans on a revolving basis (“Revolving Loans”) from time to time until the Termination Date in such Lender’s Pro Rata Share of such aggregate amounts as the Company may request from all Lenders; provided that the Revolving Outstandings will not at any time exceed Revolving Loan Availability.

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