1. Loan amount: Party A borrows RMB (in words) only from Party B, (in figures) _ _ _ _ _ _ _.
Two. Purpose of borrowing The purpose of borrowing is (fill in the purpose of borrowing).
Three. Loan Term The loan term of this loan agreement is (fill in loan term), from (fill in start date) to (fill in end date). If prepayment is required, a written application shall be submitted to Party B in advance and approved by Party B. ..
Four. Loan Interest Rate The loan interest rate of this loan agreement is (fill in the loan interest rate). The loan interest is calculated on a monthly basis, once a month from the loan maturity date until all principal and interest are paid off.
Verb (abbreviation of verb) repayment method
1. Party A shall repay the loan principal and interest to Party B according to the time limit and amount agreed in this agreement.
2. Party A shall deposit the monthly repayment amount (including principal and interest) into the account designated by Party B before each month (fill in the repayment date).
Intransitive verb overdue payment
1. If Party A fails to repay the loan principal and interest to Party B within the time limit and amount agreed in this Agreement, it shall calculate the overdue interest according to the number of overdue days and pay it to Party B. ..
2. If Party A fails to repay the loan principal and interest for more than (fill in the number of days overdue) days, Party B has the right to recover the loan principal and interest through legal means.
7. Loan guarantee (if there is a guarantor, please fill in the name, contact information and guarantee method of the guarantor).
Eight. responsibility for breach of contract
1. If Party A violates any terms or commitments of this Agreement, Party B has the right to demand that Party A immediately perform or remedy it, and demand that Party A compensate all losses, expenses and benefits caused to Party B as a result.
2. If Party B violates any terms or commitments of this Agreement, Party B shall compensate all losses, expenses and benefits caused to Party A as a result.
Nine. Dispute Resolution The signing, performance and interpretation of this Agreement shall be governed by the laws of People's Republic of China (PRC). Any dispute arising from this agreement shall be settled through negotiation. If negotiation fails, either party may bring a lawsuit to the people's court with jurisdiction.
X. effectiveness of this agreement this agreement shall come into effect from the date of signature (seal) by both parties until the date of full repayment of the loan principal and interest. This agreement is made in duplicate, each party holds one copy, which has the same legal effect.
Party A (signature/seal): _ _ _ Party B (signature/seal): _ _ _ _ _ _ _ Date: _ _ _ _ _ _ _