Common use of Interest Settlement Clause in Contracts

Interest Settlement. (1) Interest settlement of loans under non-“Borrowing and Repayment at Any Time” mode ① This loan bears interest from the actual withdrawal date, and the calculation formula of interest payable by Party A under this Contract is: interest payable by Party A = actual loan balance X actual days during the interest-bearing period X annual interest rate/360 days. If the actual loan balance changes during the interest-bearing period, it shall be calculated in sections according to the actual number of days.

Interest Settlement. (1) Interest The interest settlement of loans the loan under non-“Borrowing and Repayment at Any Time” mode this contract ① This loan bears shall accrue interest from the actual withdrawal date, and the . The calculation formula of for the interest payable by Party A under this Contract contract is: interest Party A’s payable by Party A = interest=actual loan balance X x actual number of days during the interest-bearing interest period X x annual interest rate/360 days. If the actual loan balance changes during the interest-bearing interest period, it shall be calculated in sections according to segments based on the actual number of days.

Interest Settlement. (1) Interest settlement of loans the loan under non-“Borrowing and Repayment at Any Timethe Contract under the “non-pay-as-you-go” mode ① This The interest of the loan bears interest shall be calculated from the actual withdrawal date, and the calculation formula of interest payable by Party A under this Contract for the loan hereunder is: Party A’s interest payable by Party A = payable=actual loan balance X balance× actual days during the interest-bearing of interest period X annual ×annual interest rate/360 days. If the actual loan balance changes during the interest-bearing interest period, it shall be calculated in sections according to by the actual number of days.