Working Capital Loan Contract. This contract is (xxxx “√” in ☐ if applicable, and xxxx “X” if not applicable, the same below): ☐ Single business contract that is not within the quota. √ Specific business contract within the credit line. Name of the credit agreement: General Credit Agreement Quota Contract No.: H. Y. 2020 S.Z.Zi TUO YI No.108 Borrower: United Time Technology Co., Ltd. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Working Capital Loan Contract. Important note: The contract is signed between borrower and lender according to laws and on equal and willing basis, and all the terms of this contract are true meaning of both sides. In order to protect the borrower’s legitimate rights and interests, the lender hereby inform the borrower to pay full attention to all the terms concerning the rights and obligations of both parties , especially the bold parts of the contract. The lender: Industrial and Commercial Bank of China Ltd. Shenzhen Henggang Branch Person in charge: Duoping Yang Residence (address): Exxx Xxxx Xxxxxx Xxxxxx Xxxxxx Shops 132, 132A, 133, Henggang Street, Longgang District, Shenzhen Zip Code: 518000 Borrower: Springpower Technology (Shenzhen) Co., Ltd. Legal representative: Dangyu Pan Contact: Sxx Xxx Residence (address): Factory A, Chaoshun Industrial Zone, Renmin Road, Fumin Residential Area, Guanlan, BaoAn District, Zip Code: 518000 Tel: 0755 -89686236 Fax: 0000-00000000 E-mail: / After equal negotiation, both sides agreed to enter into this particular contract.
Working Capital Loan Contract. This Contract is (mark “√” in ☐ if applicable, and mark “☒” if not applicable, the same below): ☐ Single business contract that is not within the quota. ☒ Specific business contract within the quota, name of the Quota Contract: Comprehensive Credit Granting Contract
Working Capital Loan Contract. 3.1.2 If both parties agree to apply the fixed interest rate in the Application for Use of Line of Credit, and the specific value is recorded in the fixed interest rate value field, the specific interest rate of each loan shall be subject to the value recorded in the fixed interest rate value field in the Application for Use of Line of Credit (If the currency of the loan is RMB, the specific value will be determined based on the specific value of the pricing benchmark applicable to the applicable date of the pricing benchmark agreed in the Application for Use of Line of Credit (hereinafter referred to as “pricing benchmark value”) and according to the value of plus (minus) points agreed in the Application for Use of Line of Credit.). If the specific value is not recorded in the fixed interest rate value field, the specific interest rate of each loan shall be determined based on the pricing benchmark value applicable to the applicable date of the pricing benchmark agreed in the Application for Use of Line of Credit and according to the value of plus (minus) points agreed in the Application for Use of Line of Credit. If both parties agree to apply the floating interest rate in the Application for Use of Line of Credit, the specific interest rate of each loan will be determined based on the LPR value applicable to the applicable date of the pricing benchmark agreed in the Application for Use of Line of Credit, the value of the plus (minus) points, the interest rate fluctuation rules, the interest rate fluctuation period, the unit of interest rate fluctuation period and the floating start date of a specific date (if necessary) agreed in the Application for Use of Line of Credit.
Working Capital Loan Contract. In case of the Lender’s entrusted payment, the Borrower shall submit to the Lender the Application for Use of Line of Credit, the corresponding entrusted payment power of attorney and other information required by the Lender (including but not limited to business contracts, invoices, receipt documents and other transaction information), and specify the amount of the loan to withdraw and the object and amount of payment, and the amount of the loan to withdraw should be equal to the total amount to be paid.
Working Capital Loan Contract. For loan fund payments involving no cross-border payment, when the loan funds are paid (including the Lender’s entrusted payment and the Borrower’s independent payment), if the collection account does not belong to the account opened in the Bank of Communications, the payment of the funds may be handled through the payment system of the People’s Bank of China or the local exchange system. If the loan account is not a special loan issuing account, when the loan funds are paid (including the Lender’s entrusted payment and the Borrower’s independent payment), if the collection account is an account of another bank in different places, all the payment of funds will be handled through the payment system of the People’s Bank of China. For loan fund payments involving cross-border payment, the loan fund payment may be handled through the SWIFT system or other payment systems.
Working Capital Loan Contract. ▲▲8.6 The Borrower shall notify the Lender in writing within 7 days from the date when the following events happen or may happen and submit relevant supporting documents according to laws, regulatory provisions, and the Lender’s requirements:
Working Capital Loan Contract. 8.9 The Borrower guarantees that the Borrower, the Borrower’s employees and agents will not provide, give, ask for or accept material benefits in any form other than those stipulated in this contract (including but not limited to cash, physical cards, travel, etc.) or other non-material benefits to the Lender or the Lender’s employees in any form; The Borrower, the Borrower’s employees and agents will not directly or indirectly use the funds or services provided by the Lender for activities related to corruption or bribery in any form; If the Borrower is aware of any violation of this article, it should provide clues and relevant information to the Lender in a timely, truthful, complete and accurate manner, and cooperate with relevant matters as required by the Lender.
Working Capital Loan Contract. 12.3 The Borrower agrees that unless the Xxxxxx receives a written notice from the Borrower about changing its postal address, the postal address filled in by the Borrower in this contract is the address where the court will serve judicial documents and other written documents to the Borrower. The applicable scope of the aforementioned service address includes, but is not limited to, civil litigation first instance, jurisdiction objection and reconsideration, second instance, retrial, remand for retrial and execution procedures, etc. If the Borrower responds to the lawsuit and directly submits the confirmation of the service address to the court, and if the confirmed address is inconsistent with the latest known postal address of the Lender, the court has the right to serve according to the address on the confirmation of the service address. During the settlement of this contract dispute, the court may serve the judgment, ruling and conciliation statement to the Borrower in any of the following ways:
Working Capital Loan Contract. Important Tips The Borrower shall read the full text of the Contract carefully, especially the clauses marked with ▲▲. In case of any doubt, please ask the Lender for clarification in time. In view of the Borrower’s application to the Lender for working capital loan amount, to clarify the rights and obligations of both Parties, the Borrower and the Lender have reached an agreement through consultation and hereby conclude this Contract.
