文档介绍：Loan agreement
Class One
Second group
Party A: Banks
Name : Hu Chenchen(胡晨晨) Number :201022293
Tang Wunan(唐无难) 201022177
Yuan Fangzhou(袁方舟) 201022211
Party B: SPV
Name : Wang Jianlong(王建龙) Number: 201022325
Xu Menghan(徐梦寒) 201022113
The author of the file Hu Chencheng
CONTRACT NUMBER:001
BORROWER:LOF
ADDRESS:Qingdao
LENDER:Citibank
ADDRESS:Shanghai
BORROWER:LOF
ADDRESS:Qingdao
LENDER:China Construction Bank
ADDRESS:Shanghai
BORROWER:LOF
ADDRESS:Qingdao
LENDER:Jiuzhou Bank
ADDRESS:Qingdao
In accordance with provisions of Contract Law of the Peoples Republic of China and Bank of China,after reviewing the status and the request of the Borrower, the Lender agrees to grant the Borrower a line of credit on . The Borrower, Lender and Guarantor,through friendly negotiation,have executed this Contract as follows:
ARTICLE 1 CURRENCY, AMOUNT AND TERM OF THE LOAN
1. The Currency under this loan is RMB.
2. The Line of the loan is yuan.
3. The period of this loan is 5 years from the date of effectiveness of this contract.
4. The amount of loan is 6 billion.
ARTICLE 2 THE PURPOSE OF THE LOAN
1. The purpose of this loan is used for working capital turnover.
2. Without written approval of the Lender,the Borrower could not use the loan out of the scope of the purpose.
ARTICLE 3 INTEREST RATE AND CALCULATION OF INTEREST