China People's Construction Bank Urban Land Development and Commercial Housing Loan Contract
Contract No.: Room No. __________
Borrower: _______________
address:__________________________________
phone:__________________________________
Loan unit: China People's Construction Bank
address:__________________________________
phone:__________________________________
Party A approved by ____________, developed ____________, the area of ____________ square meters, the workload of ____________ million, due to insufficient funds, after applying to Party B, agreed to give loans. It has been agreed by both parties that according to the provisions of the "Measures for Urban Land Development and Commercial Housing Loans", special loan contracts will be signed and will be observed together.
1. Party A borrows ____________ million from Party B to use it as a working capital for the development of ____________. Attached plan.
2. The term of the loan is ____________, that is, from the date of ________________________________________________________________________________________________________________________________________________________________________________________
Third, the borrowing rate is set at ________ month interest rate and is settled once a quarter. The loan interest is calculated based on the actual amount of the loan. If Party A cannot pay interest on time, it will calculate compound interest.
4. Overdue loans, with an additional interest of 30%, and misappropriation of loans plus 100% interest.
5. Party A uses ________ and other funds as the source of repayment to pay off the principal and interest of the loan before the loan expires. A repayment plan is attached.
6. Party A uses ________ as a guarantee for borrowing. After all the loans have expired, the lender will not return it after three months of overdue notification, and the lender can directly deduct the investment and deposits from the borrower or the guarantor.
7. Party A applies its own property or developed products as collateral for the loan. When the borrowing enterprise is unable to repay the principal and interest, Party B has the right to process the property or develop the product as a loan guarantee in accordance with the legal procedures.
8. If Party A has one of the situations mentioned in Article 17 of the Loan Measures, Party B has the right to deduct some or all of the loans from the various investments and deposits of the borrower or the guarantor.
9. If Party B affects Party A's use due to its own reasons, Party B shall pay Party A liquidated damages in accordance with the provisions of Article 12 of the Loan Measures.
X. Other matters shall be handled in accordance with the relevant provisions of the Loan Measures.
XI. This contract shall become effective after the signature of both Party A and Party B and the guarantee unit. The loan will be invalid after it has been repaid. The original signature of this contract shall be held by each party, and a copy shall be submitted to the respective supervisor.
12. If the state adjusts the interest rate, it shall be implemented in accordance with state regulations.
Party A: ___________________
principal:_________________
_________year month day
Party B: China People's Construction Bank _________ line
_________________________
principal:_________________
_________year month day
Guaranteed unit: _______________
principal:_________________
_________year month day
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