Entrusted Loan Agreement the entrusted loan agreement dated 28 September 2020 and entered into among Chinlink Guarantee, the Customer and the Administrative Agent in relation to the provision of an Entrusted Loan (For details, please refer to the announcement of the Company dated 28 September 2020) “Entrusted Loan Extension Agreement” the entrusted loan extension agreement dated 29 September 2021 and entered into among Chinlink Guarantee, the Customer and the Administrative Agent in relation to the extension of the maturity date of Entrusted Loan (For details, please refer to the announcement of the Company dated 29 September 2021)

Entrusted Loan Agreement the entrusted loan agreement dated 28 September 2020 and entered into among Chinlink Guarantee, the Customer and the Administrative Agent in relation to the provision of an Entrusted Loan. The obligation of the Customer under the Entrusted Loan Agreement was secured by (i) the personal guarantees granted by the Individual Guarantor; and (ii) the corporate guarantee granted by the Corporate Guarantor II, in favour of Chinlink Guarantee (For details, please refer to the announcement of the Company dated 28 September 2020)

Examples of Entrusted Loan Agreement in a sentence

The handling fee payable to Shandong Finance for arranging the Entrusted Loan under the Entrusted Loan Agreement is calculated at 0.05% of the aggregate principal amount of the Entrusted Loan.
At the aforesaid Board meeting, Xx. Xxx Xxxxxxx and Xx. Xxxxx Xxx had abstained from voting in respect of the resolution approving the Entrusted Loan Agreement in view of their respective position in Shandong Heavy Industry.
In light of the above, the Directors (including independent non-executive Directors) consider that the terms of the Entrusted Loan Agreement are on normal commercial terms, are fair and reasonable and in the interests of the Company and its Shareholders as a whole.
As certain of the applicable percentage ratios calculated in accordance with the Listing Rules for provision of the Entrusted Loan under the Entrusted Loan Agreement exceed 0.1% but all of which are less than 5%, the transaction contemplated under the Entrusted Loan Agreement is subject to the reporting and announcement requirements but is exempt from the independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.
Since the handling fee charged by Shandong Finance under the Entrusted Loan Agreement is more favourable than those charged by major commercial banks in the PRC for the provision of the same size of entrusted loan, the transaction under the Entrusted Loan Agreement could reduce the Borrower’s cost of financing.

More Definitions of Entrusted Loan Agreement

Entrusted Loan Agreement the entrusted loan agreement entered into by Shanghai Ongoing, the Bank and Shanghai Joinbuy City Plaza on 23 June 2021 in respect of the Entrusted Loans, the principal terms of which are set out in this announcement;

Entrusted Loan Agreement the entrusted loan agreement dated 11 October 2013 entered into between the Lender, the Borrower and the Lending Agent in relation to the Entrusted Loan “Lender” Shenzhen Leading Technology Co., Ltd. (深圳創先智能科技有限公司 ), a company incorporated in the PRC and a wholly-owned subsidiary of Paliburg “Lending Agent” Bank of China Limited, Shenzhen Sub-Branch, a company incorporated in the PRC and the lending agent of the Entrusted Loan

Entrusted Loan Agreement the entrusted loan agreement dated 2 March 2015 entered into between the Lender, the Borrower and the Lending Agent in relation to the Entrusted Loan

Entrusted Loan Agreement the entrusted loan agreement dated 25 September 2009 entered into among the Company, Beijing Motor and China Minsheng in respect of the Entrusted Loan

Entrusted Loan Agreement an entrusted loan agreement dated 19 June 2015 entered into between Jinjiang LBXX, the Borrower and the Lending Bank in relation to the Entrusted Loan

Entrusted Loan Agreement the entrusted loan agreement dated 7 September 2020 and entered into among Chinlink Guarantee, the Customer and the Administrative Agent in relation to the provision of an Entrusted Loan (For details, please refer to the announcement of the Company dated 7 September 2020) “Entrusted Loan Extension Agreement” the entrusted loan extension agreement dated 8 September 2021 and entered into among Chinlink Guarantee, the Customer and the Administrative Agent in relation to the extension of the maturity date of Entrusted Loan “Group” the Company and its subsidiaries “Guarantee Agreement” the Leverage Guarantee Agreement dated 29 March 2021 and entered into between Chinlink Guarantee and the Customer in relation to the guarantee of the full settlement of the obligations under a bank loan agreement entered into by the Customer (as the borrower) and a bank (as the lender) in the PRC with principal amount of RMB3.8 million (equivalent to approximately HK$4.58 million) for a term of about twelve months for a guarantee fee of RMB38,000 (equivalent to approximately HK$45,752 (For details, please refer to the announcement of the Company dated 29 March 2021) “Guarantor” 趙重華 (Xxxx Xxxxx Xxx#), the legal representative of the Customer who owns 60.0% equity interests of the Customer and is a third party independent of the Company and its connected persons “HK$” Hong Kong dollars, the lawful currency of Hong Kong

Entrusted Loan Agreement the Entrusted Loan Agreement dated 17 September 2014 entered into between Shanghai Zhongjun, Chengdu Logistics and the Bank pursuant to the Entrusted Loan “FCL” Frasers Centrepoint Limited, a company incorporated in Singapore with limited liability and the shares of which are listed on the stock exchange of Singapore