While the borrower is applying for a working capital loan from the creditor and the creditor agrees to lend to the borrower. In order to clarify their rights and obligations, both parties conclude this agreement following negotiations in accordance with contract law, general credit rules and relevant laws and regulations. 2.1 The loan under this contract is used for the purchase of raw materials. If the borrower does not comply with the agreement, the lender has the right to discontinue the granting of loans or to withdraw the loans granted in advance. 5.2 In the case of a provision relating to the source of capital of the contracting party, as in all other contracts where Part A is a party, the provision does not relate to the performance of the obligation to repay the contract. In any event, Part A will not invoke Section 5.1 to refuse to perform the repayment obligation under that contracting party. 7.1.3 Part A is responsible for the veracity, accuracy and integrity of the documents provided during the loan review. 4.2.1 The interest rate is a fixed interest rate of 6.12% per annum, which remains unchanged for the duration of the loan; 7.1.4 Part A voluntarily accepts the study and monitoring of loans under the contract; The phased withdrawal, regardless of the date of payment staggered over a period, sets the interest rate for all interest rates set on the effective date of the loan agreement or the corresponding date and adjusted to the corresponding effective date of the loan agreement for the next period. 7.1.6 Part A repays the principal and loan interest set in the contract; 3.2 The term of the loan is 12 months.
Interest is a way for the lender to calculate money on the loan and offset the risk associated with the transaction. 5.3.1 Single refund. Part A repays the entire principal of the loan to / M / D / Y; CONSIDERING the lender`s loan granting certain funds (the „loan“) to the borrower and the borrower repaying the loan to the lender, both parties agree to comply, comply with and comply with the commitments and conditions set out in this agreement: 8.9.2, which do not cooperate with Part B`s supervision of the use of loan and production and production, operating and financial activities; 2.2 Part A must not change the purpose of the loan without the written agreement of Part B.