0001829126-24-007782 Sample Contracts
ContractLoan Extension Agreement • November 22nd, 2024 • K Wave Media Ltd. • Services-allied to motion picture production
Loan Extension Agreement This Loan Extension Agreement is an agreement to extend the borrowing period of the Loan Agreement, dated May 3, 2024 (the “Loan Agreement”), between Lee Young-Jae, as lender, (hereinafter referred to as “Party A”) and K Enter Holdings Inc, as borrower (hereinafter referred to as “Party B”). On May 3, 2024, Party A lent USD 255,461.40 (KRW 350,000,000) to K Enter Holdings. As the maturity of the existing loan agreement has approached, Party A and Party B hereby enter into this Loan Extension Agreement to extend the maturity of the Loan Agreement as detailed below as of November 4, 2024. Article 1 Summary 1) Amount for extending the borrowing period: USD 255,461.40 (KRW 350,000,000). 2) There will be 4.6 % per Annum charged on the loan 3) However, early repayment is possible if both Party A and Party B agree on the repayment date. Article 2 Extension for Loan Term and Late Interest 1) Extension for Loan Term The loan period under the Loan Agreement shall be exte
ContractLoan Extension Agreement • November 22nd, 2024 • K Wave Media Ltd. • Services-allied to motion picture production
Extension of Loan The lender [Bidangil Pictures Co.. Ltd) (hereinafter Party ··A”) and borrower (K Enter Holdings Inc Korea Branch) (hereinafter “Party 8”) entered into a loan agreement on April 26. 2024(hereinafter ··Existing loan agreement”). On July 26. 2024. both parties entered into an agreement for the 3-month extension. and on November 22, 2024. the lender and the borrower agree to enter into an additional agreement for the extension of the maturity date as follo\\“s.” A11icle I (Summary] I) Party A shall lend [One hundred and thirt) fi\e million) Korean Won (KRW [135.000.0001) to Party 8 as the loan limit. 2) There will be [3] •. per Annum charged on the loan 3) However, early repayment is possible if both Pat1y A and Party 8 agree on the repayment date. Article 2 [Loan Term and Late Interest] I) Loan Term Loan Date: Signing date of this Agreement. [25111] day of [October]. 2024 Maturity Date: Expiration date of this Agreement, [30111] day of [June]. 2025 or within five busines