Medium to Long-Term Credit Facility AgreementMedium to Long-Term Credit Facility Agreement • January 12th, 2022 • Gogoro Inc. • Motor vehicles & passenger car bodies
If the Borrower delays in the repayment of principal or the payment of interest, starting from the due date in the case of principal, or starting from the interest date in the case of interest, breach penalty shall accrue at 10% of the agreed interest rate for a period of delay within 6 months and 20% for any period beyond 6 months. If Party B fails to repay principal in accordance with the agreement, in addition to the above breach penalty, delay interest shall also accrue at 5% of the agreed interest rate of this Credit Facility plus 5% per annum.
