REPAYMENT IN ADVANCE. Although any term granted for the loan is as much for the benefit of the Borrower as for the Lender, the Borrower may repay all or part of the loan at any time before maturity by paying, where applicable, the indemnities provided for in Appendix 1 of this agreement. The said Appendix 1 remains attached to this agreement after being recognized true and signed by the parties for identification in the presence of the undersigned notary, and its provisions make up an integral part of the agreement. However, in case of incompatibility between the provisions of Appendix 1 and those of this agreement, the last shall prevail. Any advance repayment shall not reduce the subsequent instalments under this agreement which the Borrower shall continue to make in full upon maturity. Notwithstanding the foregoing, the Lender shall not be entitled to any indemnity for any portion of the loan that has not been disbursed, in accordance with section 2 of this agreement.
REPAYMENT IN ADVANCE. Consent shall be obtained from the Lender when the Borrower determines to repay the loan in advance; the Lender agrees with the repaying in advance, the interest shall be calculated by the 1st item as following:
1. Interest shall be calculated pursuant to the items describe the borrowing duration and the interest computation under the Contract.
2. Floating up _______% at the basic of execution rate under the Contract.
REPAYMENT IN ADVANCE. The Borrower shall obtain approval from the Lender if it intends to make repayment in advance. Upon approval of the Lender, interest shall be charged on the amount of early repayment according to the 2nd method below:
1. According to the loan terms and applicable interest rate provided in this agreement;
2. According to the actual loan term and an interest rate 0% higher than the applicable interest rate provided in this agreement.
REPAYMENT IN ADVANCE. In case that Party A intends to repay the principal, Party A shall file an application to Party B ten (10) days in advance. Upon the consent of Party B, Party A can repay all or part of the principal in advance. In case of the repayment in advance, the interest which has been collected shall not be adjusted. When Party A makes the repayment in installment and intends to repay part of the principal, the proceeds which shall be reimbursed as in Repayment Schedule shall be repaid firstly and the interest rate shall be applied in accordance with this Agreement. The outstanding installment shall adopt the Loan interest as stipulated in this Agreement. In case that all installments are repaid, the interest shall be collected based on the actual term and the agreed interest rate. The interest which has been collected shall not be adjusted when the Loan is repaid in advance.
REPAYMENT IN ADVANCE. Although any term granted for the loan is as much for the benefit of the Borrower as for the Lender, the Borrower may repay all or part of the loan at any time before maturity. Any advance repayment shall not reduce the subsequent instalments under this agreement which the Borrower shall continue to make in full upon maturity. The lender shall not be entitled to any indemnity for any part of the loan reimbursed before the due date nor for any portion of the loan not disbursed, in accordance with section 2 of this agreement.
REPAYMENT IN ADVANCE. After approved by lender, the borrower can make repayment in advance. The 2___method is used to calculate the interest for the portion of being repaid ahead of time.
1. According to the loan terms and executive interest under this agreement, the interest will be calculated.
2. According to the actual loan term, 0_% higher than the executive interest under this agreement will be used to calculate the interest.
REPAYMENT IN ADVANCE. When Party A intents to repay in advance, Party A shall submit the application to Party B one business day in advance. After approved by Party B, Party can repay part or all of the principal in advance. If Party A repays in installment, and intents to repay part of principal and interest in advance, Party A shall repay the Loan in accordance with the repayment schedule. The interest rates shall be same as provided in the Agreement. After the repayment, the remaining amount shall be repaied in accordance with this Agreement. If Party A repay all principal and interest in advance, the interest may be calculated based on the actual loan term and interest rate as provided in this Agreement. If repayment in advance is made, the paid interest shall not be affected.
REPAYMENT IN ADVANCE. The borrower shall obtain the consent of the lender for repayment in advance; If the lender agrees that the borrower makes the repayment in advance, the interest on the part of the repayment in advance shall be calculated and charged according to 21.14 below.
REPAYMENT IN ADVANCE i. If Party A repays the interest in advance, he only has to inform Party B;
ii. If Party A repays the principal in advance, he is to apply in written form to Party B thirty work days in advance. If Party B agrees, Party A can repay part of or the whole principal in advance; If Party A repays in advance, the interest is counted according to the actual days of loans and the interest rate regulated in Item Four of this contract. If Party A repays in advance and agrees to pay Party B the compensation, the compensation is point one percent of the principal plus the number of days in advance. If Party A pays in installment and pays in advance part of the principal, Party A is to repay in the adverse order of the repayment plan. After the repayment in advance, the un-repaid loans are to be done according to the loan interest rate of this contract. Item Seven Guarantee of Loans If the loans are guaranteed, there are the following second ways of guarantee:
I. Guarantee;
II. Mortgage;
III. Pledge;
IV. Standby letter of credit;
V. Credit insurance;
REPAYMENT IN ADVANCE. Although any term granted for the loan is as much for the benefit of the Borrower as for the Lender, the Borrower may repay all or part of the loan at any time before maturity by paying, where applicable, the indemnities provided for in Appendix 1 of this agreement. The said Appendix 1 remains attached to this agreement after being signed by the parties for identification, and its provisions make up an integral part of the agreement.. However, in case of incompatibility between the provisions of Appendix 1 and those of this agreement, the last shall prevail. Any advance repayment shall not reduce the subsequent instalments under this agreement which the Borrower shall continue to make in full upon maturity. Notwithstanding the foregoing, the Lender shall not be entitled to any indemnity for any portion of the loan that has not been disbursed, in accordance with section 2 of this agreement.
