Chang Hwa Commercial Bank, Ji-Cheng Branch Loan Approval Notification
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EX-10.4 4 v078132_ex10-4.htm Unassociated Document
Chang Hwa Commercial Bank, Ji-Cheng Branch
Loan Approval Notification
Client | Kid Castle Internet Technology Corporation |
Amount of Approved Loan | NT$20,000,000.- |
Loan Category | 1. Middle-term unsecured loan : NT$20,000,000.- 2. Middle-term unsecured loan : NT$5,352,000.- 3. Business credit card loan: NT$2,000,000 |
Term of Loan | Oct. 16, 2006 - Sept. 30, 2007 |
Interest Rate | 1. Middle-term unsecured loan : [Base Lending Rate] + 1.3% (current : 5.37%) 2. Middle-term unsecured loan : [Base Lending Rate] + 1.3% (current : 5.37%) |
Loan Conditions & Supplementary Items | 1. Re-request the Board Resolution of the Executive Board on loan approval determination 2. Re-request loan guarantee and loan agreement of both Pai Suang-Yi and Yang Ming-Tan 3. Middle-term unsecured loan: NT$5,352,000.- till Mar. 19,2008; principal and interest is paid on a monthly basis 4. Middle-term unsecured loan : NT$20,000,000.-; the amount of approved loan is at 125% of bills receivable under control of a special account at the Bank |
Please apply for relevant loan processes at the service counter of the Bank, thank you.
Chang Hwa Commercial Bank, Ji-Cheng Branch
Dated : Oct. 18, 2006