Loan Details. 1. Type of Loan: short-term working capital loan
2. Use of Loan: for working capital
3. Currency and Amount of Loan (In words) : RMB Three Million Yuan
4. Life of Loan:
(1) Loan period is shown in the following table. (The additional schedules of this table constitute an integral part of this Contract.)
(2) Where there is any difference between the amounts of loan, the drawdown date and maturity date recorded in this Contract and the same in the loan voucher, the latter shall prevail. Said Loan voucher shall constitute an integral part of this Contract. Where the loan hereunder is made in foreign currency, the Borrower shall repay the principal and interest of said loan in original currency at the time as agreed.
5. Floating interest rate The lending rate shall increase by 30% on the basis of the benchmark interest rate, i.e. effective annual interest rate is 7.956%. The benchmark interest rate for a five-year loan or below shall be that of the loan at the same term declared by the People's Bank of China, and the benchmark interest rate for a loan above five-year shall be that of the loan at the same term declared by the People's Bank of China plus N/A (in words) percentage points. One cycle of interest rate adjustment shall last for three (in words) months. Where the benchmark interest rate of the money borrowed is adjusted by the People's Bank of China, the Lender shall, from the corresponding date of first month of the next circle after benchmark interest rate adjustment, adopt the new interest rate determined according to the adjusted benchmark interest rate for different term of loan and aforesaid calculating method, and the Lender may not notify the Borrower. Where the benchmark interest rate adjustment date is the same date as the disbursement date of the loan or the corresponding date of loan of the first month of said circle, the new interest rate shall be determined from the adjustment date of the benchmark interest rate. Where there is no corresponding date of loan, the last day of said month shall be deemed as the corresponding date of loan.
Loan Details. 3.1 Set out below are the details of the loan we are offering you under the R&D Loan Scheme: Loan Amount: $[●]
3.2 If you accept this offer, please sign this Offer Letter and send it to us to the following address: [●]. We accept the offer contained in this Offer Letter and agree to its terms.
Loan Details. The loan may be granted by Xxxxxxx to the customer for the purchase of the product from the merchant or for any kind of end use by the customer as per the terms and conditions applicable.
Loan Details. (a) Borrower: 1847 ICU HOLDINGS INC., a Delaware corporation with a principal place of business located at 000 Xxxxxxx Xxxxxx, Xxx Xxxx, XX 00000, ICU EYEWEAR, INC., a California corporation with a principal place of business located at 0000 Xxxxxxx Xxxxx, Hollister, CA 95023, and ICU EYEWEAR HOLDINGS, INC., a California corporation with a principal place of business located at 0000 Xxxxxxx Xxxxx, Hollister, CA 95023, jointly and severally (“Borrower”).
(b) [Reserved.]
Loan Details. (a) Borrower: Xxxx Motors, Inc., an Arizona corporation with a principal place of business located at102 X. Xx Xxxxxxxx Xxxxx, Xxxxxxx, XX 00000.
Loan Details. 2.1 Commitment (USD) 60,937,500 (United States Dollar Sixty Million Nine Hundred Thirty Seven Thousand Five Hundred)
Loan Details. Total Loan Facility up to US$ 20,000,000 Amount of Loan Facility to be drawn down pursuant to this Drawdown Notice [ ] Loan Term [ ] Bank Account Details for remittance of funds [ ] We confirm that:
(a) the representations and warranties made by us in the Loan Agreement are true and accurate on the date of this Drawdown Notice as if made on such date; and
(b) no Event of Default has occurred and is continuing or would result from the delivery of this Drawdown Notice.
Loan Details. Total Loan Facility up to US$ 5,000,000 Amount of Loan Facility to be drawn down pursuant to this Drawdown Notice [ ] Loan Term [ ] Bank Account Details for remittance of funds [ ] We confirm that:
(a) the representations and warranties made by us in the Loan Agreement are true and accurate on the date of this Drawdown Notice as if made on such date; and
(b) no Event of Default has occurred and is continuing or would result from the delivery of this Drawdown Notice. for and on behalf of Authorized Signatory Name Dated [ ] 201[ ] Debenture Fixed Charge. Debenture Floating Charge. US IP Security Agreement Security Agreement Guaranty from Argo Medical Technologies Inc. Guaranty from Argo Medical Technologies GmbH.
