英文涉外借貸合同

LOANCONTRACTContractNumber:_____________BORROWER:________________Address:_________________LENDER:__________________Address:_________________InaccordancewithprovisionsofContractLawofthePeoplesRepublicofChinaandBankofChina

LOANCONTRACT

ContractNumber:_____________

BORROWER:________________

Address:_________________

LENDER:__________________

Address:_________________

InaccordancewithprovisionsofContractLawofthePeoplesRepublicofChinaandBankofChina,afterreviewingthestatusandtherequestoftheBorrower,theLenderagreestogranttheBorroweralineofcrediton.TheBorrower,LenderandGuarantor,throughfriendlynegotiation,haveexecutedthisContractasfollows:

ARTICLE1CURRENCY,AMOUNTANDTERMOFTHELOAN:

1.TheCurrencyunderthisloanisReiminbi.

2.TheLineoftheloanisyuan.

3.Theperiodofthisloanis12monthsfromthedateofeffectivenessofthiscontract.

ARTICLE2THEPURPOSEOFTHELOAN:

1.Thepurposeofthisloanisusedforworkingcapitalturnover.

2.WithoutwrittenapprovaloftheLender,theBorrowercouldnotusetheloanoutofthescopeofthepurpose.

ARTICLE3INTERESTRATEANDCALCULATIONOFINTEREST:

1.Interestrate:Theinterestrateshallbe[***]Duringtheloanterm,ifthecountrysrelatedauthorityadjustedtheinterestrateorthemannerofcalculationofinterest,theinterestofthiscontractshallbeadjustedaccordinglyafteroneyearfromthedateofexecutionofthiscontract.Theadjustmentshallbeconductedwhentheinterestrateareexecutedoneyear.ItisnotobligedtoinformtheBorrowerwhentheadjustmentofinterest.

2.Theinterestshallbecalculatedfromthedateoffirstdrawdownandtheactualdaystheborroweruse.Oneyearshallbecalculatedas360days.

3.Thepaymentofinterests:TheBorrowershallpaytheinterestsperquarter.Thepaymentdateshallbe,and.Ifthepaymentforthelastinstallmentisnotonthepaymentdate,theinterestsshalldeducttheinterestfromthebankaccountoftheBorrower.IntheeventthattheBorrowerfailstopaytheinterestsontimeandthebalanceoftheaccountoftheBorrowerisnotenoughforthepaymentofinterest,theLendershallhaverightstocollectapenaltybeing[***]oftheoutstandingamountperdayfortheBorrowersbreachofcontract.

ARTICLE4OVERDUEINTERESTSANDMISUSINGINTERESTS

1.IftheBorrowerfailstorepaytheloanandcannotreachaagreementwiththeLenderregardingtheextension,theLendershallcollectanoverduepenaltyfor[***]oftheoverdueamountperday.

2.IftheBorrowerfailstousestheloaninaccordancewiththeprovisionssetforthinthiscontract,theLendershallhaverighttochargeainterestsforthemisusingpartatarateof[***]perday.

ARTICLE5ACCOUNT

TheBorrowershallopenReiminbibasicaccountand/orforeigncurrencyaccountattheLenderorLendersbranchfortheuseofdraw-down,repayment,paymentofinterestsandfees.

ARTICLE6DRAW-DOWN

1.Theloanunderthiscontractisrevolving,thebalanceofthiscontractshallnotmorethanthelineofcredit.

2.TheBorrowershallsendadraw-downapplicationastheformhereinattachedinthiscontract7daysbeforethedateofdraw-down.

3.TheBorrowershallnotdrawtheloanlessthan1million.

ARTICLE7CONDITIONSFORDRAW-DOWN

Thefollowingconditionsshallbesatisfiedinadvanceofthedraw-downdate:

1.TheBorrowerhasopenedforeignaccountandReiminbiaccountattheofficeoftheLenderorthebranchoftheLender;

2.Thiscontractandtheappendiceshavebeeneffective;

3.TheBorrowerhasprovidedtherecognitionoftheinvestmentorcertificateoftheinvestmenttotheLender;

4.TheBorrowerhasprovidedtheboardresolutionandpowerofattorneyregardingthisloancontract;

5.TheBorrowerhasprovidedthelistandthesignaturesampleoftheauthorizedpersonwhoempowertosignthiscontractanddocuments;

6.TheGuarantyunderthiscontracthasbeeneffective;

7.TheBorrowerhasbeensatisfiedthewarrantsunderArticle11ofthiscontract;

8.Theotherrequirementforthedraw-downhavebeensatisfied.

ARTICLE8REPAYMENTPLANANDPREPAYMENT

1.TheBorrowershallrepaytheloaninaccordancewiththestatusofitscash.TheBorrowershallinformtheLenderthepaymentamountanddate[***]priortomakethepayment.TheBorrowershallbeobligedtorepaytheprincipalandrelatedinterestsonduedatewithoutanycondition.

2.ThepaymentmadebytheBorrowerandthedeductionfromtheaccountoftheBorrowershallbeusedforrepayingtheinterestatfirstandthenforrepayingtheprincipal.

3.IntheeventtheBorrowerfailstorepaytheloan,theLendershallhaverightstodeductthedebtfromthebankaccountoftheBorrowerattheLenderorempowerthebranchesoftheLendertodeductthedebtfromthebankaccountoftheBorrowerattheLendersbranches;

4.Theinstallmentofrepaymentshallnotlessthan1million.

ARTICLE9DEBTCERTIFICATE

TheLendershallkeeprecordintheLendersaccountfortheprincipal,interestsandfeesandotherfeesoftheBorrowerunderthiscontract;Theabovementionedrecordandthedocumentationforthedraw-down,repaymentandpaymentofinterestisthecertificatesofthedebtsbetweentheBorrowerandtheLender.

ARTICLE10GUARANTY

1.(the'Guarantor')shallbetheguarantorfortheloanunderthiscontractandtakejointlyliabilities.

2.Duringthetermofthiscontract,iftheguarantorsfinancialstatusbeedeterioratedortheliabilitiesforrepaymentofdebtsbeeweak,theLendershallhaverighttorequesttheBorrowerchangesguarantororprovidemortgageandpawnsecuredforthisloanunderthiscontract.

ARTICLE11REPRESENTATIONSANDWARRANTIES

I.TheBorrowersrepresentsandwarrantsasfollows:

1.TheBorrowerisapanydulyorganizedandvalidlyexistingunderthelawofthePeoplesRepublicofChinaandhasthepowerandauthoritytoownitspropertytoconsummatethetransactionscontemplatedinthiscontractandjointhelitigation.TheBorrowerhasthepowertohandleitassetsusedinoperation.

2.TheBorrowerisatitsoptiontosignandperformthiscontract.ItistheBorrowerstruemeaningandhasthepowertosignthiscontractanditisnotbreachitarticleofassociationorregulationsorcontracts.Theprocedureforsignatureandperformanceofthiscontracthasbeengonethroughandfullyeffectiveness.

3.Thealldocuments,materials,reportsandcertificatesprovidedtotheLenderbytheborrowerforconsummationofthiscontractistrue,real,peteandeffective

4.TheBorrowershallnotconcealthefollowingeventswhichisbeinghappenedorhavebeenhappenedwhichwillcausetheLenderrefusetoextendtheloan:

(1)TheBorrowerortheprincipalexecutivesoftheBorrowerinvolveinmaterialeventswhichbreachregulations,lawsorpensationtoothers;

(2)Pendingactionsandarbitration;

(3)TheBorrowersdebtsorproposeddebtsorliensandotherencumbrances;

(4)Theothermatterswillimpactthefinancialstatusorabilitiesofrepaymentforthedebts;

(5)TheBorrowerbreachedcontractwhichisbetweentheBorrowerandothercreditors.

II.TheBorrowerherebywarrantsasfollows:

1.Usingthecapitaloftheloanasusagesetforthinthiscontract,theBorrowerwillnotusetheloanasEquityinvestment;TheBorrowerwillnotusethecapitaloftheloaninvestinsecurity,future,realestateetc.TheBorrowerwillnotlendtotheothersprivatelyorinvolvingothermaterswhichisprohibitedbythecountry.TheBorrowerwillnotmisusingorappropriationoftheloan.

2.Makingpaymentandrelatedexpensesinaccordancewiththeprovisionssetforthinthiscontract;

3.Providingupdatedfinancialstatementorfinancialbulletineveryquarter;Providingtheauditedfinancialreportatthefirstquartofeachyear;Providingoperationreport,financialreportorotherfilesandmaterialsandshallwarrantthereality,correctandeffectivenessforthefilesandmaterials;

4.Anyanti-guarantyorothersimilardocumentswillnotmakeanyimpactontherightsandbenefitsoftheLenders;

5.AcceptingthesupervisionoftheLender,providesassistanceandcooperationfortheLenderssupervisions;

6.Willnotreducetheregistrationcapital;PriorapprovalfromthelendershallberequiredwhentheBorrowerchangesofshareholdersandoperationmanner(includingbutnotlimitedtojointventure,cooperation,jointlycooperation;dissolution,closedown,liquidation,transformation;merger;changetosharepany,usethehousing,machineryorotherrealassetsortrademark,intellectualproperty,Knowhow,landingusingrightsorotherintangibleassetstoinvestinsharepanyorinvestmentpany,tradingofoperationrightorownrightbycontracting,jointoperation,trusteeship)

7.TheBorrowershallinformtheLenderandwarrantstheliabilityunderitssecuritywillnotmorethannetassetsoftheBorrowerwhentheBorrowerguaranteeforotherpartyormortgageitsassets.TheBorrowerwarrantsthatwillnotdisposetheassetswhichwillmakeadverseimpactonitsabilityofpayingdebts.

8.TheBorrowerwillnotpaytheothersimilarloanspriortotheLender;

9.TheBorrowerwarrantstoinformtheLenderimmediatelywhenthefollowingeventsoccurred:

(1)TheeventofbreachofcontractunderthiscontractorotherloanorguarantycontractsbetweentheBorrowerandanybranchesofBankofChinaorotherbanks,non-bankfinancialorganization;

(2)TheBorrowerchangesshareholdersorrevisethearticleofassociation;

(3)TheBorrowersufferdifficultiesandbadresultinfinancialandoperation;

(4)TheBorrowerinvolvesinmaterialactionsorarbitration;

10.TheBorrowershallkeepsufficientbalanceforrepaymentprior[***]totheduedate.

11.TheBorrowershallkeepitsbanktransactionsregardinginecollection,sellforeigncurrencyorbuyforeigncurrencyect.ShallbeconductedattheLenderorotherbranchesoftheLender.Theturn-overforthecapitalshallsatisfythedemandoftheLender;

III.TheBorrowersrepresentationsandwarrantshereunderthiscontractshallbeeffectiveeventhoughanymendment,supplementsorrevisedtobemadetothiscontract.

ARTICLE12REPRESENTATIONSANDWARRANTSOFTHELENDER

I.TheLenderrepresentsandwarrantsasfollows:

1.TheLenderisastate-ownedmercialbankorbranchdulyorganizedandvalidlyexistingunderthelawofP.R.CandapprovedbytheIndustryandmercialAdministrationandholdsthefinancialinstitutionslegalpersonlicensesandfinancialinstitutionsoperationlicensetobequalifiedtooperatefinancialbusiness.

2.TheLenderhastakenallnecessaryactiontoauthorizetheexecutionofthiscontractandperformanceofitsobligationsunderthiscontract.TheLenderisdulyauthorizedtoextendthisloan.

II.TheLenderwarrantsasfollows:

1.TheLendershallextendtheloaninaccordancewiththeprovisionssetforthinthisContract.

2.CollectinterestsinaccordancewiththeregulationsofthePeoplesBank.

ARTICLE13EVENTSOFBREACHCONTRACTANDSETTLEMENT:

I.SettlementoftheBorrowerbreachofcontract

1.Eventofbreachofcontract:

(1)TheBorrowerfailstousetheloaninaccordancewiththeagreedusageoftheLoan;

(2)TheBorrowerfailstorepaythedueprincipalandpaytheinterests,expensesorotherpayableinaccordancewiththeagreedtermofthiscontract;

(3)TheBorrowerbreachestherepresentationandwarrantssetforthinArticle11.

(4)TheBorrowerbreachesotherloanagreementsorguarantyagreementsortheGuarantorbreachtheguarantyagreementwhichmaymakeimpacttheBorrowertoperformtheobligationsunderthiscontract.

(5)ConclusiveevidencetoshowthattheBorrowerlosethecapacityofcreditorduringperformanceoftheobligationunderthiscontract,thefinancialconditionsoftheGuarantorareseriouslydeterioratingorotherreasonscausedtheGuarantorthecapacityofcreditdecline.

(6)TheBorrowerbreachestheotherobligationsunderthiscontract.

2.Undertheabovecircumstances,theLendershallhaverightto:

(1)RequesttheBorrowertorectifywithintheperioddesignedbytheLender;

(2)Ceaseinextendingtheloanorcancelthecredit;

(3)DeclaretheloanunderthiscontractisdueandtheLendershallhaverighttodeducttheoutstandingamountfromtheaccountoftheBorrower.TheBorrowershallnotappealagainsttheLender.

(4)DeclaretheloanisdueunderotherloanagreementsbetweentheLenderandtheBorrower,requesttheBorrowertorepaytheloanprincipals,interests,andotherexpenses.

II.ThesettlementfortheLenderbreachofthecontract

1.TheLenderfailstoextendtheloanasagreedinthiscontractwithoutanyreasons;

2.TheLenderbreachestheagreedinterestrateandcollectionaddinterestsorotherfees;

3.TheLenderbreachestheprovisionssetforthinArticle12;

4.Undertheabovecircumstances,theBorrowershallhaverightto:

(1)RequesttheLendertorectify;

(2)Repaytheloanaheadoftimeandrefusetopayanypensationforprepayment.

ARTICLE14DEDUCTION

TheBorrowershallpayinfullforthepaymentwithoutanycounteractionoranycondition.

ARTICLE15ASSIGNMENTOFTHEDEBTANDCREDIT

1.TheBorrowershallnotassignitsrightandliabilityunderthiscontracttootherthirdpartywithoutanywrittenapprovaloftheLender;

2.IntheeventtheBorrowerassignitsrightandliabilityunderthiscontracttootherthirdpartyunderthewrittenconsentoftheLender,thethirdpartyshallabidethiscontractwithoutanycondition.

ARTICLE16PERFORMANCEOFOBLIGATIONANDWAIVEROFRIGHTS

1.TheBorrowerisindependentcontractorunderthiscontract,itwillnotimpactbyanyotherrelationsbetweentheBorrowerwithotherpartyexcepttheotherprovisionssetforthinthiscontract.

2.TheLendergiveanyextension,toleration,favortotheBorrowerorpermittheBorrowertodelayofperformanceanyobligationunderthiscontractshallnotimpairanyrightsoftheLenderinaccordancewiththiscontractandlaws,regulation,itshallbedeemedtohavewaiveditsrightsunderthiscontractandtheobligationshallbeperformedbytheBorrowerunderthiscontract.

ARTICLE17AMENDMENT,SUPPLEMENTANDINTERPRETATIONOFTHECONTRACT

1.Thiscontractcouldbeamendedandsupplementeduponthewrittenagreementsconcludebytheparties.Anyaamendmentandsupplementshallbeintegralpartyofthiscontract.

2.Intheeventchangeoflaws,regulationsorlegalpracticewhichwillcauseanytermscontainedinthisContractbeeillegal,invalidorlossofpractice,theotherpartofthiscontractshallnotbeimpairedbyit.Thebothpartiesshallmakeeffortstochangetheillegal,invalidorlossofpracticepart.

3.ForthemattersnotreferredinthiscontractshallbeconstruedinaccordancewiththeprovisionsofthePeoplesBankofChina.

ARTICLE18DISPUTERESOLUTION,GOVERNINGLAWANDWAIVEROFEXEMPTION

1.Theconclusion,interpretationanddisputeresolutionshallbesubjecttotheLawsofthePeoplesRepublicofChin.Thedisputesarisingfromtheexecutionofthiscontractshallbesettledthroughfriendlyconsultationbybothparties.Incasenosettlementcanbereached,thedisputesshallbesubmittedtothePeoplesCourtofthelocationoftheLenderforjudgment.

2.TheBorrowershallnotrejectanyobligationduringthesettlementofdisputes.

3.Theexecutionandperformanceofthiscontractandtherelatedtransactioniscivilbehavior.TheBorrowershallnotappealtotakeactiontoexemptfromtheobligationunderthiscontract.

(ifbothpartiesagreetoapplyarbitration,theabovetermshallbe:)

1.Theconclusion,interpretationanddisputeresolutionshallbesubjecttotheLawsofthePeoplesRepublicofChin.Thedisputearisingfromtheexecutionofthiscontractshallbesettledthroughfriendlyconsultationbybothparties.Incasenosettlementcanbereached,thedisputesshallbesubmittedtoChinaInternationalEconomicandtradearbitrationmissionforarbitration.

2.ThearbitrationshallbeconductedinaccordancewiththeArbitrationLawofPeoplesRepublicofChinaandProvisionalRulesofProcedureofChinainternationaleconomicandtradearbitrationmission.

3.DuringtheArbitration,thiscontractshallbeeffectiveandtheBorrowershallnotdisclaimtheanyobligationsunderthiscontract.

4.Theexecutionandperformanceofthisc