Loan Interest. Through consultations, Party A agrees shall not charge the interest of the loan above mentioned during the loan term under this contract; if Party B fails to repay back the loan as scheduled, the overdue part of the loan shall be charged a penalty in a monthly rate of 1%.
Appears in 12 contracts
Samples: Loan Agreement (BTHC XV, Inc.), Loan Agreement (BTHC XV, Inc.), Loan Agreement (BTHC XV, Inc.)
