Common use of Loan Interest Rate Clause in Contracts

Loan Interest Rate. 5.1 The loan interest rate under this contract shall be implemented as follows: þ The loan interest rate under this contract is 7.22% (annual interest rate). If the People's Bank of China adjusts the benchmark interest rate of the loan after the contract is signed and before the loan is actually issued, the loan interest rate under the contract will be implemented according to the adjusted benchmark interest rate for the same period and the floating ratio agreed in Clause 5. 5 of the contract. x Party A and Party B shall determine the benchmark interest rate of foreign exchange loan published by Party B once every / month, and the interest rate from the withdrawal date to the first interest settlement date is /%(annual interest rate). x A floating interest rate consisting of / month's/(LIBOR/HIBOR)+ /% spread, which fluctuates once every / month. (LIBOR interest rate refers to the interbank offered rate of the above-mentioned term and currency published by the British Bankers Association [BBA] provided by [REUTERS] and other financial and telecommunication terminals issued by Party B's head office two banking days before the lending date or two banking days before the interest rate adjustment date; HIBOR interest rate refers to the interbank interest rate of the above-mentioned term and currency published by Hong Kong Association of Banks [HKAB], which is provided by [REUTERS] and other financial and telecommunication terminals issued by Party B's head office two banking days before the lending date or two banking days before the interest rate adjustment date. ) x Other: / 5.2 The interest of the loan under this contract starts from the actual withdrawal date, and the calculation formula of interest is: interest = Actual loan balance × actual days during the interest period × annual interest rate /360 (days). 5.3 The interest settlement of the loan under this contract shall be in one of the following ways:

Loan Interest Rate. 5.1 The loan interest rate under this contract shall be implemented as follows: þ x The loan interest rate under this contract is 7.22% (annual interest rate). If the People's Bank of China adjusts the benchmark interest rate of the loan after the contract is signed and before the loan is actually issued, the loan interest rate under the contract will be implemented according to the adjusted benchmark interest rate for the same period and the floating ratio agreed in Clause 5. 5 of the contract. x Party A and Party B shall determine the benchmark interest rate of foreign exchange loan published by Party B once every / month, and the interest rate from the withdrawal date to the first interest settlement date is /%(annual is/%(annual interest rate). . x A floating interest rate consisting of / of/month's/(LIBOR/HIBOR)+ /% spreadHIBOR)+/%spread, which fluctuates once every / every/month. (LIBOR interest rate refers to the interbank offered rate of the above-mentioned term and currency published by the British Bankers Association [BBA［B BA］] provided by [REUTERS] ［REUTERS］ and other financial and telecommunication terminals issued by Party B's head office two banking days before the lending date or two banking days before the interest rate adjustment date; HIBOR interest rate refers to the interbank interest rate of the above-mentioned term and currency published by Hong Kong Association of Banks [HKAB]［HKAB］, which is provided by [REUTERS] ［REUTERS］ and other financial and telecommunication terminals issued by Party B's head office two banking days before the lending date or two banking days before the interest rate adjustment date. ) x Other: /Other:/ 5.2 The interest of the loan under this contract starts from the actual withdrawal date, and the calculation formula of interest is: interest = 2. Actual loan balance × x actual days during the interest period × x annual interest rate /360 (days). 5.3 The interest settlement of the loan under this contract shall be in one of the following ways: