Common use of Loan Services Clause in Contracts

Loan Services. CCCC Finance will provide loans to CCCG Group. The lending interest rates shall be determined through negotiation on an arm’s length basis between the parties in accordance with market principles for their own interests and with reference to the benchmark interest rate provided by the PBOC for such type of loans. The lending rates shall not be lower than the interest rates applicable to loan services of the same term and same category provided by major domestic commercial banks.

Loan Services. CCCC Finance will provide loans to CCCG Groupand its subsidiaries. The lending interest rates shall be determined through negotiation on an arm’s length basis between the parties in accordance with market principles for their own interests and with reference to the benchmark interest rate provided by the PBOC for such type of loans. The lending rates shall not be lower than the interest rates applicable to loan services of the same term and same category provided by major domestic commercial banks.