LOAN CONTRACT(英文版)(doc 13頁)

LOAN CONTRACT(英文版)內容提要：
ARTICLE 1 CURRENCY， AMOUNT AND TERM OF THE LOAN：
1. The Currency under this loan is Reiminbi.
2. The Line of the loan is yuan.
3. The period of this loan is 12 months from the date of effectiveness of this contract.
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The payment of interests： The Borrower shall pay the interests per quarter. The payment date shall be ， and. If the payment for the last installment is not on the payment date，the interests shall deduct the interest from the bank account of the Borrower. In the event that the Borrower fails to pay the interests on time and the balance of the account of the Borrower is not enough for the payment of interest， the Lender shall have rights to collect a penalty being [***] of the outstanding amount per day for the Borrowers breach of contract.
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The following conditions shall be satisfied in advance of the draw-down date：
1. The Borrower has opened foreign account and Reiminbi account at the office of the Lender or the branch of the Lender；
2. This contract and the appendices have been effective；
3. The Borrower has provided the recognition of the investment or certificate of the investment to the Lender

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