Common use of Interest Settlement Clause in Contracts

Interest Settlement. (1) Interest settlement of the loan under the Contract under the “non-pay-as-you-go” mode ① The interest of the loan shall be calculated from the actual withdrawal date, and the calculation formula of interest payable by Party A for the loan hereunder is: Party A’s interest payable=actual loan balance× actual days of interest period ×annual interest rate/360 days. If the actual loan balance changes during the interest period, it shall be calculated by the actual number of days.

Interest Settlement. (1) Interest The interest settlement of the loan under the Contract under the “non-pay-as-you-go” mode this contract ① The interest of the This loan shall be calculated accrue interest from the actual withdrawal date, and the . The calculation formula of for the interest payable by Party A for the loan hereunder under this contract is: Party A’s interest payablepayable interest=actual loan balance× balance x actual number of days of during the interest period ×annual x annual interest rate/360 days. If the actual loan balance changes during the interest period, it shall be calculated by in segments based on the actual number of days.

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