unit12 international loan

Pledge Guarantee Collateral Security mortgage
抵押的含义
Article 1-4
Principal Availability
Interest
Credit
facility
Advance
Expression:
amount :The principal amount shall be up to …….
answers
Amount of loan: the loan amount shall be two billion US dollars with rolls and extensioBiblioteka Baidus up to four billion US dollars as mutually agreed
Article 9 taxation Interest withholding tax
Article 10 conditions precedent
Conditions precedent 1.Meedtin g resolution of board of directors 2.Article of association 3.Authorized signatures
贷款的区别
Loan：政府和国际金融组织的贷款 Facility：国际银团和私人银行对客户的便利贷
款 Advance: 银行为客户垫款、预付、透支的金
额不大，期限不长的贷款 Credit：指的是商人之间的信用贷款，
buyer’s credit，export credit Credit facility：银行信用贷款
Reading 1
Short-term credit facility agreement 短期信贷便利 Extend a short-term credit facility for
the purpose of providing general working capital to the company Where the lender fails to extend the loan in accordance with the agreed date and amount and causes losses to the borrower, the lender shall compensate for the losses.
Term: The facility shall be available for one year commencing from… without grace period
Term of loan: the term of the loan shall be for
interest rate: Interest rate shall be fixed at 10.25%p.a.over libor.
Article 5 drawdown
Drawdown way Drawdown date Drawdown amount Notice of drawing Proceeds of drawdown
Article 6 repayment and payment
repayment Payments Prepayment Postpayment Postpayment interest
(2)contents of loan contract
Purpose of the loan Commitment amount and period Drawdown and drawdown period Interest rate and fee clause Term of the loan Repayment ,prepayment and post payment Tax Conditions precedent Covenants Events of default Governing law and jurisdiction
Unit 12 international loan agreement
Contents
1 Introduction to international
loan
2
Readings
3
Translation Practices
Introduction
Page 183
1. Definition: (1)International loan A loan contract refers to a contract whereby the borrower raises a loan from the lender, and repay the loan with interest thereof.