LOANCONTRACT英文借貸合同

1、LOAN CONTRACTContract Number： BORROOWER： Addreess： LENDEER： Addreess： In acccordaance wwith pprovissions of Coontracct Laww of tthe Peeopless Repuublic of Chhina aand Baank off Chinna， affter rreviewwing tthe sttatus and tthe reequestt of tthe Boorroweer， thhe Lennder aagreess to ggrant the BBorroww

2、er a line of crredit on . The BBorrowwer， LLenderr and Guaraantor， throuugh frriendlly neggotiattion， have execuuted tthis CContraact ass folllows： ARTICCLE 1 CURREENCY， AMOUNNT ANDD TERMM OF TTHE LOOAN：1. Thhe Currrencyy undeer thiis loaan is Reimiinbi. 2. Thhe Linne of the lloan iis yuaan. 3. Thhe

3、 perriod oof thiis loaan is 12 moonths from the ddate oof efffectivvenesss of tthis ccontraact. ARTICCLE 2 THE PPURPOSSE OF THE LLOAN： 1. Thhe purrpose of thhis looan iss usedd for workiing caapitall turnnover.2. Wiithoutt writtten aapprovval off the Lendeer， thhe Borrrowerr coulld nott use the lloa

4、n oout off the scopee of tthe puurposee. ARTICCLE 3 INTERREST RRATE AAND CAALCULAATION OF INNTERESST： 1. Innteresst ratte： Thhe intterestt ratee shalll be * Duriing thhe loaan terrm， iff the counttrys rrelateed autthoritty adjjustedd the interrest rrate oor thee mannner off calcculatiion off inteere

5、st， the iintereest off thiss conttract shalll be aadjustted acccordiingly afterr one year from the ddate oof exeecutioon of this contrract. The aadjusttment shalll be cconduccted wwhen tthe innteresst ratte aree execcuted one yyear.IIt is not oobligeed to inforrm thee Borrrower when the aadjusttment

6、 of innteresst. 2. Thhe intterestt shalll be calcuulatedd fromm the date of fiirst ddrawdoown annd thee actuual daays thhe borrrowerr use. One year shalll be ccalcullated as 3660 dayys. 3. Thhe payyment of innteressts： TThe Boorroweer shaall paay thee inteerestss per quartter. TThe paaymentt datee s

7、halll be ， andd. If the ppaymennt forr the last instaallmennt is not oon thee paymment ddate，tthe innteressts shhall ddeductt the interrest ffrom tthe baank acccountt of tthe Boorroweer. Inn the eventt thatt the Borroower ffails to paay thee inteerestss on ttime aand thhe ballance of thhe acccount o

8、f thhe Borrrowerr is nnot ennough for tthe paaymentt of iintereest， tthe Leender shalll havee righhts too colllect aa penaalty bbeing * of tthe ouutstannding amounnt perr day for tthe Boorroweers brreach of coontracct. ARTICCLE 4 OVERDDUE INNTERESSTS ANND MISSUSINGG INTEERESTSS 1. Iff the Borroower

9、ffails to reepay tthe looan annd cann not reachh a aggreemeent wiith thhe Lennder rregardding tthe exxtensiion， tthe Leender shalll colllect aan oveerdue penallty foor * off the overddue ammount per dday. 2. Iff the Borroower ffails to usses thhe loaan in accorrdancee withh the proviisionss set fort

10、hh in tthis ccontraact， tthe Leender shalll havee righht to chargge a iintereests ffor thhe missusingg partt at aa ratee of * per dday. ARTICCLE 5 ACCOUUNT The BBorrowwer shhall oopen RReiminnbi baasic aaccounnt andd/or fforeiggn currrencyy accoount aat thee Lendder orr Lendders bbranchh for the uus

11、e off draww-downn， reppaymennt，payyment of innteressts annd feees. ARTICCLE 6 DRAW-DOWN 1. Thhe loaan undder thhis coontracct is revollving， the bbalancce of this contrract sshall not mmore tthan tthe liine off creddit. 2. Thhe Borrrowerr shalll sennd a ddraw-ddown aappliccationn as tthe foorm heere

12、in attacched iin thiis conntractt 7 daays beefore the ddate oof draaw-dowwn. 3. Thhe Borrrowerr shalll nott draww the loan less than 1 milllion. ARTICCLE 7 CONDIITIONSS FOR DRAW-DOWN The ffollowwing ccondittions shalll be ssatisffied iin advvance of thhe draaw-dowwn datte： 1. Thhe Borrrowerr has ope

13、need forreign accouunt annd Reiiminbii accoount aat thee offiice off the Lendeer or the bbranchh of tthe Leender； 2. Thhis coontracct andd the appenndicess havee beenn effeectivee； 3. Thhe Borrrowerr has proviided tthe reecogniition of thhe invvestmeent orr certtificaate off the invesstmentt to tthe

14、 Leender； 4. Thhe Borrrowerr has proviided tthe booard rresoluution and ppower of atttorneey reggardinng thiis loaan conntractt； 5. Thhe Borrrowerr has proviided tthe liist annd thee signnaturee sampple off the authoorizedd persson whho emppower to siign thhis coontracct andd docuumentss； 6. Thhe Gu

15、aarantyy undeer thiis conntractt has been effecctive； 7. Thhe Borrrowerr has been satissfied the wwarrannts unnder AArticlle 11 of thhis coontracct； 8. Thhe othher reequireement for tthe drraw-doown haave beeen saatisfiied. ARTICCLE 8 REPAYYMENT PLAN AND PPREPAYYMENT 1. The Borroower sshall repayy t

16、he loan in acccordaance wwith tthe sttatus of itts cassh. Thhe Borrrowerr shalll infform tthe Leender the ppaymennt amoount aand daate * pprior to maake thhe payyment. The Borroower sshall be obbligedd to rrepay the princcipal and rrelateed intterestts on due ddate wwithouut anyy condditionn. 2. Thh

17、e payyment made by thhe Borrrowerr and the ddeducttion ffrom tthe acccountt of tthe Boorroweer shaall bee usedd for repayying tthe innteresst at firstt and then for rrepayiing thhe priincipaal. 3. Inn the eventt the Borroower ffails to reepay tthe looan， tthe Leender shalll havee righhts too deduuct

18、 thhe debbt froom thee bankk accoount oof thee Borrrower at thhe Lennder oor emppower the bbranchhes off the Lendeer to deducct thee debtt fromm the bank accouunt off the Borroower aat thee Lendders bbranchhes； 4. Thhe insstallmment oof reppaymennt shaall noot lesss thaan 1 mmillioon. ARTICCLE 9 DEB

19、T CERTIIFICATTE The LLenderr shalll keeep reccord iin thee Lendders aaccounnt forr the princcipal，iintereests aand feees annd othher feees off the Borroower uunder this contrract； The aabove mentiioned recorrd andd the docummentattion ffor thhe draaw-dowwn， reepaymeent annd payyment of innteresst is

20、 the ccertifficatees of the ddebts betweeen thhe Borrrowerr and the LLenderr. ARTICCLE 100 GUARRANTY 1. （tthe GGuaranntor） shalll be tthe guuaranttor foor thee loann undeer thiis conntractt and take jointtly liiabiliities. 2. Duuring the tterm oof thiis conntractt， if the gguaranntors finanncial sta

21、tuus beccome ddeteriiorateed or the lliabillitiess for repayyment of deebts bbecomee weakk， thee Lendder shhall hhave rright to reequestt the Borroower cchangees guaarantoor or proviide moortgagge andd pawnn secuured ffor thhis looan unnder tthis ccontraact. ARTICCLE 111 REPRRESENTTATIONNS ANDD WARR

22、RANTIEES I. Thhe Borrrowerrs reppresennts annd warrrantss as ffollowws： 1. Thhe Borrrowerr is aa comppany dduly oorganiized aand vaalidlyy exissting underr the law oof thee Peopples Repubblic oof Chiina annd hass the powerr and authoority to owwn itss propperty to coonsummmate tthe trransacctionss c

23、onttemplaated iin thiis conntractt and join the llitigaation. The Borroower hhas thhe powwer too handdle itt asseets ussed inn operrationn. 2. Thhe Borrrowerr is aat itss optiion too signn and perfoorm thhis coontracct.It is thhe Borrrowerrs truue meaaning and hhas thhe powwer too signn thiss conttr

24、act and iit is not bbreachh it aarticlle of assocciatioon or regullationns or contrracts. The proceedure for ssignatture aand peerformmance of thhis coontracct hass beenn gonee throough aand fuully eeffecttiveneess. 3. Thhe alll docuumentss， matterialls， reeportss and certiificattes prrovideed to th

25、e LLenderr by tthe boorroweer forr conssummattion oof thiis conntractt is ttrue， real， compeete annd efffectivve 4. Thhe Borrrowerr shalll nott concceal tthe foollowiing evvents whichh is bbeing happeened oor havve beeen happpenedd whicch willl cauuse thhe Lennder rrefusee to eextendd the loan： （1）

26、TThe Boorroweer or the pprinciipal eexecuttives of thhe Borrrowerr invoolve iin matteriall evennts whhich bbreachh reguulatioons， llaws oor commpensaation to otthers； （2） PPendinng acttions and aarbitrrationn； （3） TThe Boorroweers deebts oor prooposedd debtts or lienss and otherr encuumbrannces； （4）

27、 TThe otther mmatterrs willl imppact tthe fiinanciial sttatus or abbilitiies off repaaymentt for the ddebts； （5） TThe Boorroweer breeachedd conttract whichh is bbetweeen thee Borrrower and oother crediitors. II. TThe Boorroweer herreby wwarrannts ass folllows： 1. Ussing tthe caapitall of tthe looan

28、ass usagge sett fortth in this contrract， the BBorrowwer wiill noot usee the loan as Eqquity invesstmentt； Thee Borrrower will not uuse thhe cappital of thhe loaan invvest iin seccurityy， futture， real estatte etcc. Thee Borrrower will not llend tto thee otheers prrivateely orr invoolvingg otheer ma

29、tters wwhich is prrohibiited bby thee counntry. The BBorrowwer wiill noot missusingg or aapproppriatiion off the loan. 2. Maaking paymeent annd rellated expennses iin acccordannce wiith thhe proovisioons seet forrth inn thiss conttract； 3. Prrovidiing uppdatedd finaanciall stattementt or ffinanccial

30、 bbullettin evvery qquarteer； Prrovidiing thhe auddited finanncial reporrt at the ffirst quartt of eeach yyear； Proviiding operaation reporrt， fiinanciial reeport or otther ffiles and mmateriials aand shhall wwarrannt thee reallity， correect annd efffectivvenesss for the ffiles and mmateriials； 4. A

31、nny antti-guaarantyy or oother simillar doocumennts wiill noot makke anyy impaact onn the rightts andd beneefits of thhe Lennders； 5. Accceptiing thhe suppervission oof thee Lendder， pproviddes asssistaance aand coooperaation for tthe Leenderss supeervisiions； 6. Wiill noot redduce tthe reegistrrati

32、onn capiital； Priorr apprroval from the llenderr shalll be requiired wwhen tthe Boorroweer chaanges of shharehoolderss and operaation manneer（inccludinng butt not limitted too joinnt vennture， coopeeratioon，joiintly coopeeratioon； diissoluution， closeedown， liquiidatioon， trransfoormatiion； mmergerr

33、； chaange tto shaare coompanyy， usee the housiing， mmachinnery oor othher reeal asssets or trrademaark， iintelllectuaal proopertyy， Knoowhow， landiing ussing rrightss or oother intanngiblee asseets too inveest inn sharre commpany or innvestmment ccompanny， trradingg of ooperattion rright or owwn rig

34、ght byy conttractiing， jjoint operaation， trustteeshiip） 7. The Borroower sshall inforrm thee Lendder annd warrrantss the liabiility underr its securrity wwill nnot moore thhan neet asssets oof thee Borrrower when the BBorrowwer guuaranttee foor othher paarty oor morrtgagee its assetts. Thhe Borrrow

35、err warrrants that will not ddisposse thee asseets whhich wwill mmake aadversse imppact oon itss abillity oof payying ddebts.8. Thhe Borrrowerr willl not pay tthe otther ssimilaar loaans prrior tto thee Lendder； 9. Thhe Borrrowerr warrrants to innform the LLenderr immeediateely whhen thhe folllowinn

36、g eveents ooccurrred： （1） TThe evvent oof breeach oof conntractt undeer thiis conntractt or oother loan or guuarantty conntractts bettween the BBorrowwer annd anyy brannches of Baank off Chinna or otherr bankks， noon-bannk finnanciaal orgganizaation； （2） TThe Boorroweer chaanges shareeholdeers orr r

37、eviise thhe artticle of asssociaation； （3） TThe Boorroweer sufffer ddifficcultiees andd bad resullt in finanncial and ooperattion； （4） TThe Boorroweer invvolvess in mmateriial acctionss or aarbitrrationn； 10. TThe Boorroweer shaall keeep suufficiient bbalancce forr repaaymentt prioor * too the due d

38、date. 11. TThe Boorroweer shaall keeep itts bannk traansacttions regarrding incomme colllectiion， ssell fforeiggn currrencyy or bbuy fooreignn currrency ect. Shalll be cconduccted aat thee Lendder orr otheer braanchess of tthe Leender. The turn-over for tthe caapitall shalll sattisfy the ddemandd of

39、 tthe Leender； III. The BBorrowwers rrepressentattions and wwarrannts heereundder thhis coontracct shaall bee effeectivee evenn thouugh anny menndmentt， suppplemeents oor revvised to bee madee to tthis ccontraact. ARTICCLE 122 REPRRESENTTATIONNS ANDD WARRRANTS OF THHE LENNDER I. Thhe Lennder rrepres

40、sents and wwarrannts ass folllows： 1. Thhe Lennder iis a sstate-ownedd commmerciaal bannk or brancch dully orgganizeed andd valiidly eexistiing unnder tthe laaw of P.R.CC and approoved bby thee Induustry and CCommerrcial Adminnistraation and hholds the ffinanccial iinstittutionns leggal peerson lice

41、nnses aand fiinanciial innstituutionss operrationn liceense tto be qualiified to opperatee finaanciall busiiness. 2. Thhe Lennder hhas taaken aall neecessaary acction to auuthoriize thhe exeecutioon of this contrract aand peerformmance of itts oblligatiions uunder this contrract. The LLenderr is ddu

42、ly aauthorrized to exxtend this loan. II. TThe Leender warraants aas folllows： 1. Thhe Lennder sshall extennd thee loann in aaccorddance with the pprovissions set fforth in thhis Coontracct. 2. Coollectt inteerestss in aaccorddance with the rregulaationss of tthe Peeopless Bankk. ARTICLEE 13 EEVENTS

43、S OF BBREACHH CONTTRACT AND SSETTLEEMENT： I. Seettlemment oof thee Borrrower breacch of contrract 1. Evvent oof breeach oof conntractt： （1） TThe Boorroweer faiils too use the lloan iin acccordannce wiith thhe agrreed uusage of thhe Loaan； （2） TThe Boorroweer faiils too repaay thee due princcipal and

44、 ppay thhe intterestts， exxpensees or otherr payaable iin acccordannce wiith thhe agrreed tterm oof thiis conntractt； （3） TThe Boorroweer breeachess the repreesentaation and wwarrannts seet forrth inn Artiicle 111. （4） TThe Boorroweer breeachess otheer loaan agrreemennts orr guarranty agreeementss o

45、r tthe Guuaranttor brreach the gguarannty aggreemeent whhich mmay maake immpact the BBorrowwer too perfform tthe obbligattions underr thiss conttract. （5） CConcluusive evideence tto shoow thaat thee Borrrower lose the ccapaciity off creddit orr duriing peerformmance of thhe oblligatiion unnder tthis

46、 ccontraact， tthe fiinanciial coonditiions oof thee Guarrantorr are serioously deterrioratting oor othher reeasonss caussed thhe Guaarantoor thee capaacity of crredit decliine. （6） TThe Boorroweer breeachess the otherr obliigatioons unnder tthis ccontraact. 2. Unnder tthe abbove ccircummstancces， tt

47、he Leender shalll havee righht to： （1） RRequesst thee Borrrower to reectifyy withhin thhe perriod ddesignned byy the Lendeer； （2） CCease in exxtendiing thhe loaan or canceel thee creddit； （3） DDeclarre thee loann undeer thiis conntractt is ddue annd thee Lendder shhall hhave rright to deeduct the oo

48、utstaandingg amouunt frrom thhe acccount of thhe Borrrowerr. Thee Borrrower shalll not appeaal agaainst the LLenderr. （4） DDeclarre thee loann is ddue unnder oother loan agreeementss betwween tthe Leender and tthe Boorroweer， reequestt the Borroower tto reppay thhe loaan priincipaals， iintereests， a

49、nd oother expennses. II. TThe seettlemment ffor thhe Lennder bbreachh of tthe coontracct 1. Thhe Lennder ffails to exxtend the lloan aas agrreed iin thiis conntractt withhout aany reeasonss； 2. Thhe Lennder bbreachhes thhe agrreed iintereest raate annd colllectiion addd intterestts or otherr feess；

50、3. Thhe Lennder bbreachhes thhe proovisioons seet forrth inn Artiicle 112； 4. Unnder tthe abbove ccircummstancces， tthe Boorroweer shaall haave riight tto： （1） RRequesst thee Lendder too recttify； （2） RRepay the lloan aahead of tiime annd reffuse tto payy any compeensatiion foor preepaymeent. ARTICC

51、LE 144 DEDUUCTIONN The BBorrowwer shhall ppay inn fulll for the ppaymennt witthout any ccounteeractiion orr any condiition. ARTICCLE 155 ASSIIGNMENNT OF THE DDEBT AAND CRREDIT 1. Thhe Borrrowerr shalll nott assiign itts rigght annd liaabilitty undder thhis coontracct to otherr thirrd parrty wiithout

52、t any writtten appprovaal of the LLenderr； 2. Inn the eventt the Borroower aassignn its rightt and liabiility underr thiss conttract to otther tthird partyy undeer thee writtten cconsennt of the LLenderr， thee thirrd parrty shhall aabide this contrract wwithouut anyy condditionn. ARTICCLE 166 PERFFO

53、RMANNCE OFF OBLIIGATIOON ANDD WAIVVER OFF RIGHHTS 1. Thhe Borrrowerr is iindepeendentt conttractoor undder thhis coontracct，it will not iimpactt by aany otther rrelatiions bbetweeen thee Borrrower with otherr partty exccept tthe otther pprovissions set fforth in thhis coontracct. 2. Thhe Lennder ggi

54、ve aany exxtensiion， ttoleraation， favorr to tthe Boorroweer or permiit thee Borrrower to deelay oof perrformaance aany obbligattion uunder this contrract sshall not iimpairr any rightts of the LLenderr in aaccorddance with this contrract aand laaws， rregulaation， it shhall bbe deeemed tto havve wai

55、ived iits riights underr thiss conttract and tthe obbligattion sshall be peerformmed byy the Borroower uunder this contrract. ARTICCLE 177 AMENNDMENTT， SUPPPLEMEENT ANND INTTERPREETATIOON OF THE CCONTRAACT 1. Thhis coontracct couuld bee amennded aand suupplemmentedd uponn the writtten aggreemeents c

56、concluude byy the partiies. AAny a amenddment and ssuppleement shalll be iintegrral paarty oof thiis conntractt. 2. Inn the eventt channge off lawss， reggulatiions oor leggal prracticce whiich wiill caause aany teerms ccontaiined iin thiis Conntractt becoome illlegall， invvalid or looss off pracctic

57、e， the oother part of thhis coontracct shaall noot be impaiired bby it. The both partiies shhall mmake eeffortts to changge thee illeegal， invallid orr losss of ppractiice paart. 3. Foor thee mattters nnot reeferreed in this contrract sshall be coonstruued inn accoordancce witth thee provvisionns of

58、 the PPeoplees Bannk of Chinaa. ARTICCLE 188 DISPPUTE RRESOLUUTION， GOVERRNING LAW AAND WAAIVER OF EXXEMPTIION 1. Thhe connclusiion， iinterppretattion aand diisputee resoolutioon shaall bee subjject tto thee Lawss of tthe Peeopless Repuublic of Chhin. TThe diisputees ariising from the eexecuttion oo

59、f thiis conntractt shalll be settlled thhroughh frieendly consuultatiion byy bothh partties. In caase noo setttlemennt cann be rreacheed， thhe dissputess shalll be submiitted to thhe Peooples Courtt of tthe loocatioon of the LLenderr for judgmment. 2. Thhe Borrrowerr shalll nott rejeect anny oblliga

60、tiion duuring the ssettleement of diisputees. 3. Thhe exeecutioon andd perfformannce off thiss conttract and tthe reelatedd trannsactiion iss civiil behhaviorr. Thee Borrrower shalll not appeaal to take actioon to exemppt froom thee obliigatioon undder thhis coontracct. （if bboth ppartiees agrree to