借款协议中英对照版5篇.docx

借款协议中英对照版5篇

篇1

借款协议

PartOne:TheLoan

Article1:LoanAmountandPurpose

Theborrowershallborrowtheloanfromthelenderintheamountof$100,000(OneHundredThousandDollars)forthepurposeofbusinessexpansion(商业扩展).Theborrowershallusetheloanforthepurposespecifiedandshallnotuseitforanyotherpurpose.

Article2:LoanTerm

Theloantermshallbe5yearsfromthedateoftheagreement.Theborrowershallrepaytheloaninfullonthematuritydate.

Article3:InterestRateandRepayment

Theinterestrateoftheloanshallbe5%perannum.Theborrowershallmakequarterlyinterestpaymentstothelender.Theprincipalshallberepaidinmonthlyinstallmentsof$2,000(TwoThousandDollars).

PartTwo:TheBorrowersObligations

Article4:RepaymentofLoan

Theborrowershallrepaytheloaninfullonthematuritydate.Incaseofdefault,thelendershallhavetherighttodemandrepaymentoftheloaninfullimmediately.

Article5:InterestPayment

Theborrowershallmakeinterestpaymentstothelenderonaquarterlybasis.Theinterestpaymentshallbemadeonthesamedayofeachquarter.

Article6:PrincipalRepayment

Theborrowershallrepaytheprincipaloftheloanonamonthlybasis.Theprincipalrepaymentshallbemadeonthesamedayofeachmonth.

PartThree:TheLendersRightsandRemedies

Article7:DefaultandRemedies

Incaseofdefaultbytheborrower,thelendershallhavethefollowingremedies:

1.Demandrepaymentoftheloaninfullimmediately.

2.Chargeinterestatahigherrate,ifagreeduponbybothparties.

3.Takepossessionofcollateral,ifany,anddisposeofittorecovertheloanamount.

4.Seeklegalactionagainsttheborrowertorecovertheloanamountandanyotherdamagescausedbythedefault.

Article8:PrepaymentRights

Thelendermayhavetherighttodemandrepaymentoftheloaninfullorinpartatanyt