Common use of Determination of Interest Rate for Foreign Currency Loans Clause in Contracts

Determination of Interest Rate for Foreign Currency Loans. Interest rate for foreign currency loans shall be determined in accordance with Item / (1/2/3) below: (1) Fixed interest rate at / % per annum, which shall remain unchanged within the term of this Contract. (2) Floating interest rate. The loan interest rate shall be / -month / (LIBOR/HIBOR) (the benchmark interest rate) plus a margin equal to basis point(s) (a basis point is equal to 0.01%). The margin shall remain unchanged within the term of this Contract. If the Borrower makes more than one drawdown, the loan interest rate for each drawdown shall be calculated separately. After the Borrower makes drawdown, the benchmark interest rate will be adjusted in accordance with Item / (A/B) below, and the loan interest for each Interest Period shall be calculated according to the loan interest rate as adjusted and applicable to such Interest Period: A. The loan interest rate will be adjusted every / (1/3/6/12) month(s). The benchmark interest rate applicable to each interest period subsequent to the initial period shall be determined on the same numerical date in the month of such adjustment as the drawdown date. If there is no same numerical date in the month of adjustment as the drawdown date, the benchmark interest rate for such period shall be determined on the last day of such month of adjustment; or B. the benchmark interest rate for each interest period shall be adjusted on the first day of such interest period. (3) Others: .

Determination of Interest Rate for Foreign Currency Loans. Interest rate for foreign currency loans shall be determined in accordance with Item / (1/2/3) N/A below: (1) Fixed interest rate at / % N/A% per annum, which shall remain unchanged within the term of this Contract. (2) Floating interest rate. The loan interest rate shall be / -month / N/A month N/A (LIBOR/HIBOR) (the benchmark interest rate) plus a margin equal to basis N/A base point(s) (a basis base point is equal to 0.01%). The margin shall remain unchanged within the term of this Contract. If the Borrower makes more than one drawdown, the loan interest rate for each drawdown shall be calculated separately. After the Borrower makes drawdown, the benchmark interest rate will be adjusted in accordance with Item / (A/B) below, and the loan interest for each Interest Period interest period shall be calculated according to the loan interest rate as adjusted and applicable to such Interest Periodinterest period: A. The loan the benchmark interest rate will be adjusted every / (1/3/6/12) month(s)in each interest period as applicable to such benchmark interest rate. The benchmark interest rate applicable to each interest period subsequent to the initial period shall be determined on the same numerical date in the month of such adjustment as the drawdown date. If there is no same numerical date in the month of adjustment as the drawdown date, the benchmark interest rate for such period shall be determined on the last day of such month of adjustment; or B. the benchmark interest rate for each interest period shall be adjusted on the first day of such interest period. (3) Others: .