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Loan Services Sample Clauses

Loan Services. Shandong Finance shall provide certain loan services to the Group under the New Financial Services Agreement. As the said loan services to be provided by Shandong Finance to the Group are on normal commercial terms similar to or more favourable than those offered by other financial institutions for the provision of comparable services in the PRC and are for the benefit of the Group, and no security over the assets of the Group is granted in respect of such loan services, the loan service to be provided by Shandong Finance to the Company under the New Financial Services Agreement are exempt from all reporting, announcement and independent shareholdersapproval requirements under Rule 14A.65(4) of the Listing Rules. For completeness, the major terms of the said loan services to be provided by Shandong Finance to the Group are set out below for the shareholders’ information: (a) the loan services to be provided by Shandong Finance include the provision of loans, discounted notes and bill acceptance services and the grant of credit facilities within the scope allowed by the laws, regulations and policies of the PRC and in accordance with the requirements of the CBRC; (b) the interest rate for the loan services to be provided by Shandong Finance to the Group shall, subject to the compliance of the relevant requirements of the People’s Bank of China in relation to the interest of loans, not exceed the lowest interest rate for the same type and class of loan provided by other financial institutions in the PRC to the Group for the same period; (c) the Group shall not be required to provide any security over its assets for the loan services; and (d) Shandong Finance shall provide a credit facility in respect of the loan services of up to RMB10 billion to the Group and the interest that shall accrue thereunder shall not exceed RMB0.6 billion.
Loan Services. CCCC Finance will provide loans to CCCG Group. The lending interest rates shall be determined through negotiation on an arm’s length basis between the parties in accordance with market principles for their own interests and with reference to the benchmark interest rate provided by the PBOC for such type of loans. The lending rates shall not be lower than the interest rates applicable to loan services of the same term and same category provided by major domestic commercial banks.
Loan Services. For the provision of loan services pursuant to the Custody Agreement, State Street shall be entitled to the fees set forth below. The loan services fee is equal to the Committed Asset Based Fee for the Fund set forth below. The Fund will pay in monthly installments in arrears, unless otherwise requested, the Fund’s pro rata share of the fee. This amount does not include any other fees, charges or expenses specifically identified in this fee schedule. Committed Asset Based Fee for SunAmerica Senior Floating Rate Fund, Inc. (per Fund/per year) Basis Points
Loan ServicesThe interest rate for loans granted to the Group by CPI Financial will not be higher than: (i) the benchmark interest rate specified by the PBOC for loans of the same type during the same period; (ii) the interest rate offered by other major commercial banks in the PRC to the Group during the same period; and (iii) the interest rate offered by CPI Financial to other members of the SPIC Group during the same period. In addition, subject to the above, the interest rate for loans granted to the Group by CPI Financial will be 10% lower than the benchmark interest rate specified by the PBOC for loans of a similar type during the same period. Subject to the above, the interest rate for specific loan services to be provided by CPI Financial to the Group will be governed by separate loan agreement(s). Subject to compliance with relevant laws, regulations and regulatory requirements, CPI Financial will provide the loan services on normal commercial terms or better and such loans will not be secured by the assets of the Group.
Loan Services. The provision of loan services by Minmetals Finance under the 2015 Agreement constitutes financial assistance to be provided by a connected person for the benefit of the Group. Since such services shall be on normal commercial terms, on terms (including interest) no less favourable to the Company and its PRC subsidiaries than those that could be obtained from independent third parties, and no security over the assets of the Group shall be granted in respect of the loans to be provided by Minmetals Finance, it is exempt from the reporting, announcement and independent shareholdersapproval requirements under Rule 14A.90 of the Listing Rules.
Loan Services. Since the loan services to be provided by Bailian Finance to the Group are on normal commercial terms which are similar to or even more favourable than those offered by other major commercial banks in the PRC, and that no security over the assets of the Group will be granted in respect of the loan services, the loan services are exempt under Rule 14A.90 of the Listing Rules from all reporting, announcement and Independent Shareholdersapproval requirements.
Loan Services. The provision of loan services to be provided by CPI Financial to the Group are on normal commercial terms or better (similar to or more favourable than those offered by the commercial banks in the PRC for the provision of comparable services) and are in the interest of the Group. No security over the assets of the Group is granted to CPI Financial in respect of the loan services. The loan services will be fully exempt from all reporting, announcement and Independent Shareholdersapproval requirements under Rule 14A.90 of the Listing Rules.
Loan Services. The provision of loan services by Chengtong Finance to the Group under the Financial Services Agreement will constitute financial assistance to be provided by a connected person for the benefit of the Group. As such loan services will be conducted on normal commercial terms (or better to the Company) and no security over the assets of the Group will be required if the Group meets the credit requirements of Chengtong Finance, the provision of loan services under the Financial Services Agreement are exempt under Rule 14A.65(4) of the Listing Rules from all reporting, announcement and independent Shareholdersapproval requirements.
Loan ServicesThe interest rates payable by the Group to CIMC Finance shall be the rate as may be agreed from time to time between the parties for each specific transaction provided that the agreed rate shall be determined with reference to the benchmark loan interest rates prescribed by the PBC from time to time and shall not higher than the interest rates offered by other independent third- party commercial banks in the PRC for loans of the same term and type.