Common use of Interest Rate and Interest Clause in Contracts

Interest Rate and Interest. 1.1 In foreign exchange loan, LIBOR shall be the interbank offer rate of the currency of the loan under this contract displayed in the “LIBO=” page of REUTTRES interbank financial telecommunication terminal two banking days (11: 00 at noon London Time) before the money drawing day or day of adjustment of the benchmark interest rate; HIBOR shall be the interbank offer rate of the currency of HK Dollar displayed in the “HIBO=” page of REUTTRES interbank financial telecommunication terminal two banking days (11: 00 at noon Hong Kong Time) before the money drawing day or day of adjustment of the benchmark interest rate. 1.2 Where the interest rate of the loan under this contract adopts the floating interest rate, the interest rate adjustment after the loan exceeds the period shall still be carried out according to the original method. 1.3 Where the interest of the loan is settled on a monthly basis, the interest settlement day shall be the 20th of each month. Where the interest is settled on a quarterly basis, the interest settlement day shall be the 20th of the last month of each quarter. Where the interest is settled once half a year, the interest settlement day shall be June 20 and December 20. 1.4 The first interest period shall start from the day the borrower actually draws the money and end on the first interest settlement day. The last interest period shall start from the following day after the preceding interest period ends and end on the final repayment day. Other interest period shall start from the following day after the preceding interest period ends and end on the following interest settlement day. 1.5 Where the People’s Bank of China adjusts the method to determine loan interest rate, interest rate shall be handled according to the relevant regulations of the People’s Bank of China, and the lender shall not otherwise notify the borrower.

Interest Rate and Interest. 1.1 In The LIBOR applicable to a foreign exchange loan, LIBOR currency loan hereunder shall be the interbank offer inter-bank offered rate of applicable to the currency of such loan as shown on the loan under this contract displayed in the “"LIBO=” " page of REUTTRES interbank the Reuters' financial telecommunication messaging terminal at 11:00 am (London time) on the day that is two banking bank business days (11: 00 at noon London Time) before prior to the money drawing day drawdown date or day of adjustment of the benchmark interest raterate adjustment date; the HIBOR shall be the interbank offer inter-bank offered rate applicable to Hong Kong Dollar as shown on the "HIBO=" page of the currency of HK Dollar displayed in the “HIBO=” page of REUTTRES interbank Reuters' financial telecommunication messaging terminal two banking days at 11:15 am (11: 00 at noon Hong Kong Timetime) before on the money drawing day that is two bank business days prior to the drawdown date or day of adjustment of the benchmark interest raterate adjustment date. 1.2 Where the interest rate of If the loan under this contract hereunder adopts the a floating interest rate, the interest rate adjustment after the loan exceeds the period shall still will continue to be carried out according to adjusted in accordance with the original methodadjustment rules after such loan is overdue. 1.3 Where the If interest of the loan is settled on a monthly basis, the interest settlement day date shall be the 20th day of each month. Where the ; if interest is settled on a quarterly basis, the interest settlement day date shall be the 20th day of the last month of each quarter. Where the ; and if interest is settled once half on a yearhalf-year basis, the interest settlement day date shall be 20 June and 20 and December 20of each year. 1.4 The first interest period shall start commence from the day the borrower actually draws the money and end on actual drawdown date to the first interest settlement day. The date; the last interest period shall start commence from the day immediately following day after the end of the preceding interest period ends and end on to the final repayment day. Other date; and each of the other interest period shall start commence from the day immediately following day after the end of the preceding interest period ends and end on to the following next interest settlement daydate. 1.5 Where the People’s Bank of China adjusts the method to determine loan interest rate, interest rate shall be handled according to the relevant regulations of the People’s Bank of China, and the lender shall not otherwise notify the borrower.

Interest Rate and Interest. 1.1 In The LIBOR applicable to a foreign exchange loan, LIBOR currency loan hereunder shall be the interbank offer inter-bank offered rate of applicable to the currency of such loan as shown on the loan under this contract displayed in the “"LIBO=” " page of REUTTRES interbank the Reuters' financial telecommunication messaging terminal at 11:00 am (London time) on the day that is two banking bank business days (11: 00 at noon London Time) before prior to the money drawing day drawdown date or day of adjustment of the benchmark interest raterate adjustment date; the HIBOR shall be the interbank offer inter-bank offered rate applicable to Hong Kong Dollar as shown on the "HIBO=" page of the currency of HK Dollar displayed in the “HIBO=” page of REUTTRES interbank Reuters' financial telecommunication messaging terminal two banking days at 11:15 am (11: 00 at noon Hong Kong Timetime) before on the money drawing day that is two bank business days prior to the drawdown date or day of adjustment of the benchmark interest raterate adjustment date. 1.2 Where the interest rate of If the loan under this contract hereunder adopts the a floating interest rate, the interest rate adjustment after the loan exceeds the period shall still will continue to be carried out according to adjusted in accordance with the original methodadjustment rules after such loan is overdue. 1.3 Where the If interest of the loan is settled on a monthly basis, the interest settlement day date shall be the 20th day of each month. Where the ; if interest is settled on a quarterly basis, the interest settlement day date shall be the 20th day of the last month of each quarter. Where the ; and if interest is settled once half on a yearhalf-year basis, the interest settlement day date shall be 20 June and 20 and December 20of each year. 1.4 The first interest period shall start commence from the day the borrower actually draws the money and end on actual drawdown date to the first interest settlement day. The date; the last interest period shall start commence from the day immediately following day after the end of the preceding interest period ends and end on to the final repayment day. Other date; and each of the other interest period shall start commence from the day immediately following day after the end of the preceding interest period ends and end on to the following next interest settlement daydate. 1.5 Where If the People’s 's Bank of China adjusts the method to determine the loan interest raterates, interest rate shall be handled according to the relevant regulations provisions of the People’s 's Bank of China, and China in relation to such adjustment shall apply to this Contract without requiring any further notice from the lender shall not otherwise notify Lender to the borrowerBorrower.

Interest Rate and Interest. 1.1 In The LIBOR applicable to a foreign exchange loan, LIBOR currency loan hereunder shall be the interbank offer inter-bank offered rate of applicable to the currency of such loan as shown on the loan under this contract displayed in the “"LIBO=” " page of REUTTRES interbank the Reuters' financial telecommunication messaging terminal at 11:00 am (London time) on the day that is two banking bank business days (11: 00 at noon London Time) before prior to the money drawing day drawdown date or day of adjustment of the benchmark interest raterate adjustment date; the HIBOR shall be the interbank offer inter-bank offered rate applicable to Hong Kong Dollar as shown on the "HIBO=" page of the currency of HK Dollar displayed in the “HIBO=” page of REUTTRES interbank Reuters' financial telecommunication messaging terminal two banking days at 11:15 am (11: 00 at noon Hong Kong Timetime) before on the money drawing day that is two bank business days prior to the drawdown date or day of adjustment of the benchmark interest raterate adjustment date. 1.2 Where the interest rate of If the loan under this contract hereunder adopts the a floating interest rate, the interest rate adjustment after the loan exceeds the period shall still will continue to be carried out according to adjusted in accordance with the original methodadjustment rules after such loan is overdue. 1.3 Where the If interest of the loan is settled on a monthly basis, the interest settlement day date shall be the 20th day of each month. Where the ; if interest is settled on a quarterly basis, the interest settlement day date shall be the 20th day of the last month of each quarter. Where the ; and if interest is settled once half on a yearhalf-year basis, the interest settlement day date shall be June 20 and December 2020 of each year. 1.4 The first interest period shall start commence from the day the borrower actually draws the money and end on actual drawdown date to the first interest settlement day. The date; the last interest period shall start commence from the day immediately following day after the end of the preceding interest period ends and end on to the final repayment day. Other date; and each of the other interest period shall start commence from the day immediately following day after the end of the preceding interest period ends and end on to the following next interest settlement daydate. 1.5 Where If the People’s 's Bank of China adjusts the method to determine the loan interest raterates, interest rate shall be handled according to the relevant regulations provisions of the People’s 's Bank of China, and China in relation to such adjustment shall apply to this Contract without requiring any further notice from the lender shall not otherwise notify Lender to the borrowerBorrower.