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 shareholders’ approval requirements under Rule 14A.90 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 major commercial banks 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 RMB17 billion to the Group and the annual interest that shall accrue thereunder shall not exceed RMB739.5 million for each of the three years ending 29 June 2019.
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 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. Electronic banking (i.e., automated teller machines, internet banking).
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 Shareholders’ approval requirements.
Loan Services. Disclosures and Declarations:
1. Channel Partner hereby agree to share with OYO or upload on OYO Platform, certain information and documents as may be necessary for the Channel Partner to apply for credit facilities from Banks, Financial Institutions, Non-Banking Companies (‘Lenders’) to expand Channel Partner's online business on ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇ or through mail.
2. Channel partner further authorize OYO and any of the third parties engaged by ▇▇▇ to share with the Lenders details relating to Channel Partner's business on OYO’s website/platform including but not limited to contact details, SRN, URN, Prepaid & Post-paid Sales data, bank statements, latest, income tax returns, GST Returns, relevant financial documents and payment history as may be necessary for the purpose contemplated herein.
3. On Channel Partner’s request, OYO has agreed to assist Channel Partner and forward the above referred information and/or documents to any of the Lenders or any other person which OYO may deem appropriate, from time to time, enabling ▇▇▇▇▇▇▇ to assess Channel Partner’s credit worthiness and eligibility for credit facilities. Channel Partner acknowledges and agrees that the Lenders shall run an inquiry on credit bureau report of Channel Partner, its Proprietor/Partner(s)/Director(s)/Guarantor(s) to check credit history of Channel Partner. Channel Partner agrees that such action or disclosure of information/documents shall not be regarded as unauthorized action/disclosure and Channel Partner shall not hold OYO responsible for any loss or damage arising out of such action/disclosure. Channel Partner acknowledges and accepts and accords no objection if it receives any call(s), SMS(s) or e-mail(s) from the Lender or any agency appointed by ▇▇▇▇▇▇ in the process of credit assessment. Channel Partner acknowledges that this does not in any way constitute an obligation on OYO to procure credit facilities for Channel Partners or constitute a warranty by OYO that credit facilities will be available.
4. OYO will not edit content uploaded/shared on the OYO Platform.
5. Channel Partner warrants to OYO that all information provided hereunder is true and accurate in all respects. Channel Partner will promptly update if any of the information Channel Partner provides hereunder, changes.
6. OYO does not warrant uninterrupted access to the OYO Platform, and access to the OYO Platform may be suspended, restricted or terminated at any time.
7. Channel Partner warrants that Channe...
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 Shareholders’ approval requirements. The Directors (including the independent non-executive Directors) consider that the loan services to be provided under the Financial Services Agreement are fair and reasonable and in the interests of the Shareholders as a whole.
Loan Services. The loan services to be provided by CSCF to the Group are on normal commercial terms or better (i.e. terms that are similar or more favourable than those offered by at least three major 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 or any interest payment is granted to CSCF in respect of the loan services. They will therefore be exempt from all reporting, announcement and independent Shareholders’ approval requirements under Rule 14A.90 of the Listing Rules. CSCF will provide other financial services, including centralized fund monitoring, entrusted loans, cross-border capital pooled-transmittance, opening of acceptance bills and supply-chain financing services, to the Group for free under the Financial Services Agreement. Thus, the Company expects that all of the applicable percentage ratios as defined under the Listing Rules calculated for the Company in respect of the total fees payable by the Group to CSCF for the provision of other financial services by CSCF under the Financial Services Agreement will fall within the de minimis threshold and will be exempt from all reporting, announcement and independent Shareholders’ approval requirements under Rule 14A.76 of the Listing Rules.
Loan Services. The 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.
Loan Services. The interest rate for loans granted to the Group by SPIC Financial will not be higher than: (i) the benchmark interest rate specified by the PBOC for loans of a similar 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 for loans of a similar type offered by SPIC 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 SPIC 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 SPIC Financial to the Group will be governed by separate loan agreement(s). Subject to compliance with relevant laws, regulations and regulatory requirements, SPIC 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.
