Definition and Explanation. 1.1 In this contract, the connotations of the following terms are as below: A. Interest payment date: Party B pays interests in corresponding interest period to Party A within the interest period. B. Interest period: the period from the drawing date to any time within the maturity date when Party B repays account receivable at lump sum or by installment, and pays interests of account receivable. Where the interest repayment date is not banking day, it will be postponed to the next banking day. C. Execution date of contract: March 18, 2016 D. Drawing day: the date when the borrower actually draws loan under this contract. E. Expiry date of contract: Sep. 17, 2016 F. Banking day: the business day of banks in the People’s Republic of China (excluding Saturday or Sunday).
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Sources: Loan Contract (China Internet Nationwide Financial Services, Inc.), Loan Agreement (China Internet Nationwide Financial Services, Inc.)
Definition and Explanation. 1.1 In this contract, the connotations of the following terms are as below:
A. Interest payment date: Party B pays interests in corresponding interest period to Party A within the interest period.
B. Interest period: the period from the drawing date to any time within the maturity date when Party B repays account receivable at lump sum or by installment, and pays interests of account receivable. Where the interest repayment date is not banking day, it will be postponed to the next banking day.
C. Execution date of contract: March 18September 25, 2016
D. Drawing day: the date when the borrower actually draws loan under this contract.
E. Expiry date of contract: Sep. 1724, 20162017
F. Banking day: the business day of banks in the People’s Republic of China (excluding Saturday or Sunday).
Appears in 1 contract
Sources: Loan Contract (China Internet Nationwide Financial Services, Inc.)