Chang Hwa Commercial Bank, Ji-Cheng Branch Loan Approval Notification

Contract Categories: Business Finance - Loan Agreements
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