2. LOAN FACILITY
2.1. The Lender hereby agrees to lend the Borrower, and the Borrower agrees to borrow from the Lender in the amount of USD 13,000,000 (Thirteen Million United States Dollar) subject to the terms and conditions set forth herein (hereinafter referred to as the “Loan”).
2.2. The total of amount of the Loan herein shall be made available by the Lender not later than 3 (three) days from the Effective Date of this Agreement.
2.3. The Lender hereby agrees to transfer the Loan to the following bank account or other account as designated by the Borrower.
Bank Name: [•]
Branch and Address: [•]
Account Name: [•]
Account Number: [•]
SWIFT: [•]
3. PURPOSE OF THE LOAN
The Borrower hereby agrees that all the Loan shall be used for the purpose as stated under Clause 2 of the Business Collaboration Agreement between the Parties dated [•].
4. INTEREST AND FEE
4.1. The Borrower agrees to pay interest to the Lender on the outstanding principal amount of the Loan at the rate of 15 (fifteen) per cent per annum. The interest shall be payable in arrears on each repayment date and shall be computed on the basis of actual of days elapsed and a 360-day-year.
4.2. All repayments from the Borrower to the Lender under this Agreement, including but not limited to interest and fee shall be net amount and free from any taxes and expenses. In case there is any tax applicable (whether withholding tax , stamp duties or other taxes), the Borrower agrees to be responsible for all such taxes.
5. REPAYMENT
The Borrower agrees to repay the Loan and interest to the Lender within [•] ([•]) months/years from the Effective Date by paying the Lender in the amount USD [•] ([•]) equal consecutive monthly installments in accordance with the details of bank account and repayment schedule as follows:
Bank Name: [•]
Branch and Address: [•]
Account Name: [•]
Account Number: [•]
SWIFT: [•]
2. 2.1 ผู้ให้กู้ขอตกลงที่จะให้ยืมผู้กู้และผู้กู้ตกลงที่จะกู้ยืมเงินจากผู้ให้กู้จำนวน " . 2.2 ยอดรวมของจำนวนเงินกู้ที่นี้จะต้องทำใช้ได้โดยผู้ให้กู้ไม่ช้ากว่า 2.3 ผู้ให้กู้ขอตกลงที่จะโอนเงินให้กู้ยืมแก่บัญชีธนาคารต่อไปนี้หรือบัญชีอื่น ๆ ที่กำหนดโดยกู้ธนาคารชื่อ[ สาขาที่อยู่[ ชื่อบัญชี[ เลขที่บัญชี[ SWIFT: [ • 3 2. LOAN FACILITY
2.1. The Lender hereby agrees to lend the Borrower, and the Borrower agrees to borrow from the Lender in the amount of USD 13,000,000 (Thirteen Million United States Dollar) subject to the terms and conditions set forth herein (hereinafter referred to as the “Loan”).
2.2. The total of amount of the Loan herein shall be made available by the Lender not later than 3 (three) days from the Effective Date of this Agreement.
2.3. The Lender hereby agrees to transfer the Loan to the following bank account or other account as designated by the Borrower.
Bank Name: [•]
Branch and Address: [•]
Account Name: [•]
Account Number: [•]
SWIFT: [•]
3. PURPOSE OF THE LOAN
The Borrower hereby agrees that all the Loan shall be used for the purpose as stated under Clause 2 of the Business Collaboration Agreement between the Parties dated [•].
4. INTEREST AND FEE
4.1. The Borrower agrees to pay interest to the Lender on the outstanding principal amount of the Loan at the rate of 15 (fifteen) per cent per annum. The interest shall be payable in arrears on each repayment date and shall be computed on the basis of actual of days elapsed and a 360-day-year.
4.2. All repayments from the Borrower to the Lender under this Agreement, including but not limited to interest and fee shall be net amount and free from any taxes and expenses. In case there is any tax applicable (whether withholding tax , stamp duties or other taxes), the Borrower agrees to be responsible for all such taxes.
5. REPAYMENT
The Borrower agrees to repay the Loan and interest to the Lender within [•] ([•]) months/years from the Effective Date by paying the Lender in the amount USD [•] ([•]) equal consecutive monthly installments in accordance with the details of bank account and repayment schedule as follows:
Bank Name: [•]
Branch and Address: [•]
Account Name: [•]
Account Number: [•]
SWIFT: [•]
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