Foreign exchange loan contract
Borrower: ________________________________________________
Address: ____________________ Postal Code: ________ Phone: ________
Lender: ________________________________________________
Address: ____________________ Postal Code: ________ Phone: ________
Party A has carried out technological transformation for the introduction of foreign advanced technology equipment, and its project has been approved by ____, and it has applied to Party B for US$10,000 foreign exchange loans. In accordance with the loan method and relevant regulations, it has been examined and approved by Party B. In order to clarify the economic responsibility, this loan contract is signed.
Article 1 Borrowing Amount: Party A confirms that the current foreign exchange amount of USD 10,000 is obtained from Party B, and the buyer's credit is USD 10,000.
Article 2 Term of the loan: the current exchange is ____ years and ____ months. Buyer's credit ____ year ____ month. According to the payment plan attached to this contract, Party B guarantees timely delivery. If Party A fails to pay interest on the foreign exchange funds of Party B due to the use of the plan, Party A shall pay the foreign exchange commitment fee in accordance with Party B's regulations.
Article 3 The interest rate of the loan is the annual interest rate: the current exchange rate is ____%; it is floating according to ____ month; the buyer's credit is ____%, calculated according to ____ days. During the borrowing period, the accrued interest on the semi-annual interest period, if Party A fails to pay, Party A and Party B directly debit the Party's loan account and calculate the interest rate. Due to the increased loan amount, the loan amount is not occupied.
Article 4 The use of borrowings; after the introduction of the imported technical equipment, a copy of the contract shall be sent to Party B, and Party A shall entrust Party B with full authority to handle import and export, and to make payment and other matters. Party A guarantees that the foreign exchange under this contract will not be used for other purposes. If misappropriation occurs, Party B will double the interest.
Article 5 Repayment of Borrowing: Party A shall fully settle the principal and interest of the loan on the date of termination of the Borrowing Period. If Party A fails to perform the repayment of the loan as stipulated in this contract, the guarantor shall be responsible for repaying the corresponding equivalent amount of the foreign exchange quota of the principal and interest of the loan. For the portion of the loan that has not been repaid in the past due date, Party A agrees to pay a penalty of ____ %.
Article 6 The "Use of Foreign Exchange, Remittance Plan" and "Return of Exchange" and the guarantees issued by Party A are valid parts of this contract and have the same effect as this contract in law.
Article 7 Party A shall promptly provide Party B with relevant information, statements and materials for the use of the loan, and provide convenience for Party B to check the credit work. The two parties shall actively cooperate and make efforts to facilitate the early completion and commissioning of the project.
Article 8 This contract shall become effective upon signature by both parties, and shall terminate upon the expiration of the settlement of this creditor's debt. The official text of the contract is made in two copies, one for each party, and one for each copy; ____ copies for the ____ record.
person A person B:____________
Representative: ____________ Representative: ____________
____________________________________________
Address: ____________________ Postal Code: ________ Phone: ________
Lender: ________________________________________________
Address: ____________________ Postal Code: ________ Phone: ________
Party A has carried out technological transformation for the introduction of foreign advanced technology equipment, and its project has been approved by ____, and it has applied to Party B for US$10,000 foreign exchange loans. In accordance with the loan method and relevant regulations, it has been examined and approved by Party B. In order to clarify the economic responsibility, this loan contract is signed.
Article 1 Borrowing Amount: Party A confirms that the current foreign exchange amount of USD 10,000 is obtained from Party B, and the buyer's credit is USD 10,000.
Article 2 Term of the loan: the current exchange is ____ years and ____ months. Buyer's credit ____ year ____ month. According to the payment plan attached to this contract, Party B guarantees timely delivery. If Party A fails to pay interest on the foreign exchange funds of Party B due to the use of the plan, Party A shall pay the foreign exchange commitment fee in accordance with Party B's regulations.
Article 3 The interest rate of the loan is the annual interest rate: the current exchange rate is ____%; it is floating according to ____ month; the buyer's credit is ____%, calculated according to ____ days. During the borrowing period, the accrued interest on the semi-annual interest period, if Party A fails to pay, Party A and Party B directly debit the Party's loan account and calculate the interest rate. Due to the increased loan amount, the loan amount is not occupied.
Article 4 The use of borrowings; after the introduction of the imported technical equipment, a copy of the contract shall be sent to Party B, and Party A shall entrust Party B with full authority to handle import and export, and to make payment and other matters. Party A guarantees that the foreign exchange under this contract will not be used for other purposes. If misappropriation occurs, Party B will double the interest.
Article 5 Repayment of Borrowing: Party A shall fully settle the principal and interest of the loan on the date of termination of the Borrowing Period. If Party A fails to perform the repayment of the loan as stipulated in this contract, the guarantor shall be responsible for repaying the corresponding equivalent amount of the foreign exchange quota of the principal and interest of the loan. For the portion of the loan that has not been repaid in the past due date, Party A agrees to pay a penalty of ____ %.
Article 6 The "Use of Foreign Exchange, Remittance Plan" and "Return of Exchange" and the guarantees issued by Party A are valid parts of this contract and have the same effect as this contract in law.
Article 7 Party A shall promptly provide Party B with relevant information, statements and materials for the use of the loan, and provide convenience for Party B to check the credit work. The two parties shall actively cooperate and make efforts to facilitate the early completion and commissioning of the project.
Article 8 This contract shall become effective upon signature by both parties, and shall terminate upon the expiration of the settlement of this creditor's debt. The official text of the contract is made in two copies, one for each party, and one for each copy; ____ copies for the ____ record.
person A person B:____________
Representative: ____________ Representative: ____________
____________________________________________
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