《{金融合同}标准的银行贷款合同英文.》由会员分享，可在线阅读，更多相关《{金融合同}标准的银行贷款合同英文.（6页珍藏版）》请在金锄头文库上搜索。
1、Before signing this Contract, Borrower should read the Contract carefully,especially the sections marked with *, and should confirm that Borrower has no disagreement with the Contract. BANK OF COMMUNICATIONS LOAN CONTRACT (For Medium or Short Term Working Capital Loan) Loan No.: Wei Jiao Yin 2001 Lo
2、an 6-031Borrower: Weifang Fuhua Amusement Park Co., Ltd.Address: East End of Dong Feng East Street, Weifang CityLegal representative: Jie YangLender: Weifang Branch of the Bank of CommunicationsAddress: 358 Dong Feng East StreetAccording to applicable laws and regulations of the Peoples Republic of
3、China(the PRC), the Borrower and Lender, after reaching an agreement throughnegotiations, hereby enter into this contract pursuant to Borrowers applicationto Lender for a working capital loan (the Loan) Article 1. The Loan1.1. Type of currency: RMB1.2. Loan amount (full-form characters): Four hundre
4、d and fifty thousand yuan exactly. The actual principal borrowed by Borrower shall be the number written on the financial voucher issued by Lender.1.3. Loan term: July 24, 2001 to June 20, 20021.4. The Loan under this Loan Contract shall be solely for industrial/business use. Borrower shall not dive
5、rt the funds under this Loan Contract to any other purpose. Article 2. Interest Rate and Interest Calculation2.1. Interest rate: 5.3625%, based on 30 days in a month and 360 days in a year.2.2. During the term of this Loan Contract, interest may be changed as prescribed by the Peoples Bank of China
6、when said Bank adjusts its interest rate or rate calculation method, in which case Borrowers approval is not necessary. 22.3. The formula for calculating the interest is as follows: Interest on the loan = (the prescribed interest rate under this Loan Contract) x (Loan amount) x (actual days of use),
7、 where actual days of use is calculated from the day the Loan is issued.2.4. Settlement of interest under this Loan Contract is to be calculated per month. The settlement date is the 20th day of each month. All principal and interest shall be paid in full on the day the term of the Loan expires. Art
8、icle 3. Release of funds under the Loan3.1. Borrower may apply for release of funds under the Loan Contract, at one time or at different times, within the fixed period, under Article 1.3 hereof. However, each time Borrower must make the application to Lender at least 3 banking days in advance.3.2. L
9、ender shall have the right to examine the following issues before releasing funds under the Loan and shall decide whether to release funds based on results of the examination: (1) whether Borrower has performed all legally-required procedures such as obtaining government licenses, approvals and regi
10、stration and other procedures Lender may require of Borrower; (2) Whether a related guaranty contract is currently in effect.3.3. Lender shall release funds at one time or at different times to Borrower according to the Loan Voucher; and3.4. The funds release date and amount shall be as recorded in
11、the Loan Voucher. Article 4. Repayment of the Loan:4.1. The date of repayment of principal under this Loan Contract shall be as recorded in the Loan Voucher;4.2. Borrower shall repay the principal and interest under this Loan Contract in full on the due date.4.3. *Borrower hereby irrevocably authori
12、zes Lender, on the Lenders own initiative, to withdraw funds from Borrowers deposit account with the Bank of Communications.4.4. Borrower shall repay principal and interest in the currency provided in Article 1.1 above.4.5. *Borrower may repay the Loan in advance upon approval from Lender. 3 Lender
13、has the right to collect the interest for the period between thedate of the prepayment and the date of repayment recorded in the Loan Voucher atthe rate specified in this Loan Contract. Article 5. *Borrowers Declaration and Warranties5.1. Borrower accepts and shall abide by Lenders business system, operational practices, and the procedures under this Loan Contract.5.2. Borrower warrants that it will cooperate with Lender on the supervision and inspection of the use of the funds borrowed under this Loan Contract and of the business condition of Borrower and that it will promptly provi
