Loan Extension. If the Borrower needs an extension, it shall submit a written application to the Lender before maturity. After the Lender’s consent, the Parties and any guarantor shall sign an extension agreement. After extension, the extended term interest rate shall be determined based on the Lender’s current interest rate file for the corresponding term.
Appears in 5 contracts
Sources: Working Capital Loan Contract (WORK Medical Technology Group LTD), Working Capital Loan Contract (WORK Medical Technology Group LTD), Working Capital Loan Contract (WORK Medical Technology Group LTD)