Credit Lyonnais Banking Services and Fee Schedule Agreement

Contract Categories: Business Finance › Financing Agreements
Summary

This agreement outlines the terms, conditions, and fees for various banking operations provided by Credit Lyonnais. It details the processing times and charges for credit and debit transactions, including check remittances, transfers, bill payments, repatriations, and mass transfers. The document also specifies annual administrative fees, account closing fees, and interest rates for authorized overdrafts. The agreement is intended for business clients utilizing Credit Lyonnais' banking services, ensuring transparency regarding costs and operational procedures.

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EX-10.48 20 a2043409zex-10_48.txt EXHIBIT 10.48 EXHIBIT 10.48 [handwritten] CREDIT LYONNAIS - -------------------------------------------------------------------------------- CREDIT OPERATIONS - --------------------------------------------------------------------------------
- ------------------------------------- ----------------------------------- ----------------------------------- TYPE OF FLOW EFFECTIVE DATE RATE (EXCL. TAX) - ------------------------------------- ----------------------------------- ----------------------------------- Checks remitted POOL D + 3 working days None - ------------------------------------- ----------------------------------- ----------------------------------- Transfers received D + 1 calendar day None - ------------------------------------- ----------------------------------- ----------------------------------- bill of exchange/promissory note presented Maturity date + 2 calendar days 27 francs, excl. taxes per [arrow] File transfer (Deferred maturity date) remittance (ETEBAC 3 PROTOCOL) 2.50 francs, excl. taxes per bill - ------------------------------------- ----------------------------------- ----------------------------------- Repatriations [arrow] FRF/Euro D + 1 working day FRF 78 per operation [arrow] on currency accounts - ------------------------------------- ----------------------------------- ----------------------------------- Repatriations with D + 2 working days FRF 78 per operation + char. transfer of currencies commission -1/2(degree)/(degree)(degree)up to FRF 500,000 (with a minimum of FRF 80, excl. taxes) -1/4(degree)/(degree)(degree)above FRF 500,000 - ------------------------------------- ----------------------------------- -----------------------------------
[handwritten] Currency/year = 13 mF [illegible] = 98 MF [arrow] 4/30 5[?] MF [arrow] 6/30 13 MF [arrow] 8/31 [handwritten] Doc. 13 = EX 10.37 - -------------------------------------------------------------------------------- DEBIT OPERATIONS - --------------------------------------------------------------------------------
- ------------------------------------- ----------------------------------- ----------------------------------- TYPE OF FLOW EFFECTIVE DATE RATE (EXCL. TAX) - ------------------------------------- ----------------------------------- ----------------------------------- Debit checks 0 working days None - ------------------------------------- ----------------------------------- ----------------------------------- Cash transfers CL/CL [VC] No fees Other banks FRF 20 excl. taxes per transfer - ------------------------------------- ----------------------------------- ----------------------------------- Transfer with guaranteed value date D payable FRF 50 excl. taxes per transfer (FISCAL AND CORPORATE) [handwritten] No - ------------------------------------- ----------------------------------- ----------------------------------- Mass transfers by file transfer 0 working days FRF 27.50 excl. taxes per (UNDER ETEBAC 3 PROTOCOL) remittance FRF 0.90 excl. taxes per transfer - ------------------------------------- ----------------------------------- ----------------------------------- Issuance of a bank check in 1(degree)/(degree)(degree)up to FRF 500,000 (minimum [illegible] currencies FRF 80.00) 1/2(degree)/(degree)(degree)above FRF 500,000 + record fees FRF 150 + foreign exchange commission if currency purchase - ------------------------------------- ----------------------------------- ----------------------------------- Swift FRF/Euro/remotely transmitted currencies transfers 0 working days 1/2(degree)/(degree)(degree)up to FRF 500,000 (UNDER ETEBAC 3 PROTOCOL) (minimum FRF 80.00) 1/4(degree)/(degree)(degree)above FRF 500,000 excl. record fees. - ------------------------------------- ----------------------------------- -----------------------------------
- -------------------------------------------------------------------------------- OPERATING CONDITIONS - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- ANNUAL COMMISSION FOR KEEPING ADMINISTRATIVE, LEGAL AND BOOKKEEPING RECORDS: FRF 5,400 excl. taxes (I.E., EUR 823.22) - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- FEES FOR ACCOUNT CLOSING: FRF 1,000 excl. taxes per closing (I.E., EUR 152.45 PER CLOSING) - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- ACCOUNT COMMISSION 1/4(degree)/(degree)(degree)with a minimum of FRF 100 excl. taxes per closing - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DEBTOR INTEREST (WITHIN AUTHORIZED LIMIT) Base rate: 3-month Euribor Surcharge: 0.75% Commission on highest overdraft included - -------------------------------------------------------------------------------- [handwritten] + 2.50[?]