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

Contract Categories: Business Finance - Loan Agreements
EX-10.1 15 v067826_ex10-1.htm
Chang Hwa Commercial Bank, Ji-Cheng Branch

Loan Approval Notification


Client
Kid Castle Internet Technology Corporation
Amount of Approved Loan
NT$40,000,000.-
Loan Category
1.  Middle-term unsecured loan : NT$10,000,000.-
2.  Middle-term unsecured loan : NT$30,000,000.-
Term of Loan
March. 21, 2005 - March. 31, 2006
Interest Rate
1.  Middle-term unsecured loan : [Base Lending Rate] + 1.65% (current : 5.33%)
2.  Middle-term unsecured loan : [Base Lending Rate] + 2.15% (current : 5.83%)
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$10,000,000.the period for 3 years; principal and interest is paid on a monthly basis
4.  Middle-term unsecured loan : NT$30,000,000.-; 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 : Mar. 28, 2005