Common use of Loan Interest Rate and its Calculation Clause in Contracts

Loan Interest Rate and its Calculation. 1. Loan Interest Rate: The loan interest rate in this contract is (2) as the following: (1) Fixed interest rate with annual interest rate of ///%. The contract interest rate remains unchanged during the whole life of the loan. (2) Floating rate, with the actual drawing date (or the first actual drawing date in case of separate drawings) as the starting date. The rate is adjusted (or repriced) once every 12 months, which is considered a full cycle and the repricing date is the first day of the next floating cycle. If there is no such date in the current month, the starting date shall be the last day of the current month. For each withdrawal: Floating rate of RMB loans A. The interest rate of the first period (from the actual withdrawing date to the expiration date of the floating cycle) is the average interest rate of the quoted þ 1-year/☐5-year (choose one) LPR published by NIFC on the working day before the actual withdrawal date þ plus/☐minus (choose one) 15 basis points; B. On the repricing date, the interest rate will be recalculated as the average of the þ 1-year/☐5-year (choose one) LPR published by NIFC on the previous working day þ plus/☐minus (choose one) 15 basis points, and will start to serve as the interest rate of the new floating cycle.

Loan Interest Rate and its Calculation. 1. Loan Interest Rate: The loan interest rate in this contract is (2) as the 2nd of the following: (1) Fixed interest rate with annual interest rate of ///%. The contract interest rate remains unchanged during the whole life of the loan. (2) Floating rate, with the actual drawing date (or the first actual drawing date in case of separate drawings) as the starting date. The rate is adjusted (or repriced) once every 12 months, which is considered a full cycle and the repricing date is the first day of the next floating cycle. If there is no such date in the current month, the starting date shall be the last day of the current month. For each withdrawal: Floating rate of RMB loans A. The interest rate of the first period (from the actual withdrawing date to the expiration date of the floating cycle) is the average interest rate of the quoted þ 1-year/☐☐ 5-year (choose one) LPR published by NIFC on the working day before the actual withdrawal date þ plus/þplus/☐minus (choose one) 15 50 basis points; B. On the repricing date, the interest rate will be recalculated as the average of the þ 1-year/☐☐ 5-year (choose one) LPR published by NIFC on the previous working day þ plus/☐minus (choose one) 15 50 basis points, and will start to serve as the interest rate of the new floating cycle.

Loan Interest Rate and its Calculation. 1. Loan Interest Rate: The loan interest rate in this contract is (2) as the following: (1) Fixed interest rate with annual interest rate of ///%. The contract interest rate remains unchanged during the whole life of the loan. (2) Floating rate, with the actual drawing date (or the first actual drawing date in case of separate drawings) as the starting date. The rate is adjusted (or repriced) once every 12 months, which is considered a full cycle and the repricing date is the first day of the next floating cycle. If there is no such date in the current month, the starting date shall be the last day of the current month. For each withdrawal: Floating rate of RMB loans A. The interest rate of the first period (from the actual withdrawing date to the expiration date of the floating cycle) is the average interest rate of the quoted þ 1þ1-year/☐5-year (choose one) LPR published by NIFC on the working day before the actual withdrawal date þ plus/þplus/☐minus (choose one) 15 basis points; B. On the repricing date, the interest rate will be recalculated as the average of the þ 1þ1-year/☐5-year (choose one) LPR published by NIFC on the previous working day þ plus/þplus/☐minus (choose one) 15 basis points, and will start to serve as the interest rate of the new floating cycle.

Loan Interest Rate and its Calculation. 1. Loan Interest Rate: The loan interest rate in this contract is (2) as the 2nd of the following: (1) Fixed interest rate with annual interest rate of ///%. The contract interest rate remains unchanged during the whole life of the loan. (2) Floating rate, with the actual drawing date (or the first actual drawing date in case of separate drawings) as the starting date. The rate is adjusted (or repriced) once every 12 months, which is considered a full cycle and the repricing date is the first day of the next floating cycle. If there is no such date in the current month, the starting date shall be the last day of the current month. For each withdrawal: Floating rate of RMB loans A. The interest rate of the first period (from the actual withdrawing date to the expiration date of the floating cycle) is the average interest rate of the quoted þ ☒1-year/☐5-year (choose one) LPR published by NIFC on the working day before the actual withdrawal date þ ☒plus/☐minus (choose one) 15 50 basis points; B. On the repricing date, the interest rate will be recalculated as the average of the þ ☒1-year/☐5-year (choose one) LPR published by NIFC on the previous working day þ ☒plus/☐minus (choose one) 15 50 basis points, and will start to serve as the interest rate of the new floating cycle.

Loan Interest Rate and its Calculation. 1. Loan Interest Rate: The loan interest rate in this contract is (2) as the 2nd of the following: (1) Fixed interest rate with annual interest rate of ///%. The contract interest rate remains unchanged during the whole life of the loan. (2) Floating rate, with the actual drawing date (or the first actual drawing date in case of separate drawings) as the starting date. The rate is adjusted (or repriced) once every 12 months, which is considered a full cycle and the repricing date is the first day of the next floating cycle. If there is no such date in the current month, the starting date shall be the last day of the current month. For each withdrawal: Floating rate of RMB loans A. The interest rate of the first period (from the actual withdrawing date to the expiration date of the floating cycle) is the average interest rate of the quoted þ 1þ1-year/☐5-year (choose one) LPR published by NIFC on the working day before the actual withdrawal date þ plus/☐minus (choose one) 15 50 basis points; B. On the repricing date, the interest rate will be recalculated as the average of the þ 1þ1-year/☐5-year (choose one) LPR published by NIFC on the previous working day þ plus/þplus/☐minus (choose one) 15 50 basis points, and will start to serve as the interest rate of the new floating cycle.

Loan Interest Rate and its Calculation. 1. Loan Interest Rate: The loan interest rate in this contract is (2) as the 2nd of the following: (1) Fixed interest rate with annual interest rate of ///%. The contract interest rate remains unchanged during the whole life of the loan. (2) Floating rate, with the actual drawing date (or the first actual drawing date in case of separate drawings) as the starting date. The rate is adjusted (or repriced) once every 12 months, which is considered a full cycle and the repricing date is the first day of the next floating cycle. If there is no such date in the current month, the starting date shall be the last day of the current month. For each withdrawal: Floating rate of RMB loans A. The interest rate of the first period (from the actual withdrawing date to the expiration date of the floating cycle) is the average interest rate of the quoted þ ☑1-year/☐5-year (choose one) LPR published by NIFC on the working day before the actual withdrawal date þ ☑plus/☐minus (choose one) 15 50 basis points; B. On the repricing date, the interest rate will be recalculated as the average of the þ ☑1-year/☐5-year (choose one) LPR published by NIFC on the previous working day þ ☑plus/☐minus (choose one) 15 50 basis points, and will start to serve as the interest rate of the new floating cycle.

Loan Interest Rate and its Calculation. 1. Loan Interest Rate: The loan interest rate in this contract is (2) as the 2nd of the following: (1) Fixed interest rate with annual interest rate of ///%. The contract interest rate remains unchanged during the whole life of the loan. (2) Floating rate, with the actual drawing date (or the first actual drawing date in case of separate drawings) as the starting date. The rate is adjusted (or repriced) once every 12 months, which is considered a full cycle and the repricing date is the first day of the next floating cycle. If there is no such date in the current month, the starting date shall be the last day of the current month. For each withdrawal: Floating rate of RMB loans A. The interest rate of the first period (from the actual withdrawing date to the expiration date of the floating cycle) is the average interest rate of the quoted þ 1-year/☐☐ 5-year (choose one) LPR published by NIFC on the working day before the actual withdrawal date þ plus/☐☐ minus (choose one) 15 50 basis points; B. On the repricing date, the interest rate will be recalculated as the average of the þ 1-year/☐☐ 5-year (choose one) LPR published by NIFC on the previous working day þ plus/☐☐ minus (choose one) 15 50 basis points, and will start to serve as the interest rate of the new floating cycle.

Loan Interest Rate and its Calculation. 1. Loan Interest Rate: The loan interest rate in this contract is (2) as the 2nd of the following: (1) Fixed interest rate with annual interest rate of ///%. The contract interest rate remains unchanged during the whole life of the loan. (2) Floating rate, with the actual drawing date (or the first actual drawing date in case of separate drawings) as the starting date. The rate is adjusted (or repriced) once every 12 months, which is considered a full cycle and the repricing date is the first day of the next floating cycle. If there is no such date in the current month, the starting date shall be the last day of the current month. For each withdrawal: Floating rate of RMB loans A. The interest rate of the first period (from the actual withdrawing date to the expiration date of the floating cycle) is the average interest rate of the quoted þ ☒1-year/☐5-year (choose one) LPR published by NIFC on the working day before the actual withdrawal date þ date☒plus/☐minus (choose one) 15 50 basis points; B. On the repricing date, the interest rate will be recalculated as the average of the þ ☒1-year/☐5-year (choose one) LPR published by NIFC on the previous working day þ day☒plus/☐minus (choose one) 15 50 basis points, and will start to serve as the interest rate of the new floating cycle.