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PAGE19/NUMPAGES19英文涉外借贷合同LOANCONTRACTContractNumber:_____________BORROWER:________________Address:_________________LENDER:__________________Address:_________________InaccordancewithprovisionsofContractLawofthePeoplesRepublicofChinaandBankofChinaLOANCONTRACTContractNumber:_____________BORROWER:________________Address:_________________LENDER:__________________Address:_________________InaccordancewithprovisionsofContractLawofthePeoplesRepublicofChinaandBankofChina,afterreviewingthestatusandtherequestoftheBorrower,theLenderagreestogranttheBorroweralineofcrediton.TheBorrower,LenderandGuarantor,throughfriendlynegotiation,haveexecutedthisContractasfollows:ARTICLE1CURRENCY,AMOUNTANDTERMOFTHELOAN:1.TheCurrencyunderthisloanisReiminbi.2.TheLineoftheloanisyuan.3.Theperiodofthisloanis12monthsfromthedateofeffectivenessofthiscontract.ARTICLE2THEPURPOSEOFTHELOAN:1.Thepurposeofthisloanisusedforworkingcapitalturnover.2.WithoutwrittenapprovaloftheLender,theBorrowercouldnotusetheloanoutofthescopeofthepurpose.ARTICLE3INTERESTRATEANDCALCULATIONOFINTEREST:1.Interestrate:Theinterestrateshallbe[***]Duringtheloanterm,ifthecountrysrelatedauthorityadjustedtheinterestrateorthemannerofcalculationofinterest,theinterestofthiscontractshallbeadjustedaccordinglyafteroneyearfromthedateofexecutionofthiscontract.Theadjustmentshallbeconductedwhentheinterestrateareexecutedoneyear.ItisnotobligedtoinformtheBorrowerwhentheadjustmentofinterest.2.Theinterestshallbecalculatedfromthedateoffirstdrawdownandtheactualdaystheborroweruse.Oneyearshallbecalculatedas360days.3.Thepaymentofinterests:TheBorrowershallpaytheinterestsperquarter.Thepaymentdateshallbe,and.Ifthepaymentforthelastinstallmentisnotonthepaymentdate,theinterestsshalldeducttheinterestfromthebankaccountoftheBorrower.IntheeventthattheBorrowerfailstopaytheinterestsontimeandthebalanceoftheaccountoftheBorrowerisnotenoughforthepaymentofinterest,theLendershallhaverightstocollectapenaltybeing[***]oftheoutstandingamountperdayfortheBorrowersbreachofcont
