![]() ![]() Margin shall mean an addition to the interest by two point two five per cent (2.25%) per annum and shall include the margin to be changed from time to time by the Has determined the LIBOR for any interest period, the LIBOR so determined shall be deemed the LIBOR under this Agreement with respect to such interest period. LIBOR or London Interbank Offered Rate shall mean the interest rate calculated according to the LIBOR fixing process prescribed by British BankersĪssociation for London Interbank Market for lending in US Dollar for a period of six (6) months two (2) business days before the commencement of each interest period or any rate as determined by the Lender each time, and when the Lender To provide any other evidence thereof to the Borrower. Where the Lender determines and announces the change to such interest rate, the Borrower agrees that the Lender may immediately charge such changed interest rate without any requirement for the Lender Regarding prescription of financial institutions and interest rates chargeable by financial institutions to borrowers, which, at the time of execution hereof, is fourteen point five per cent (14.5%) per annum, but may be changed as determinedĪnd announced from time to time by the Lender. ∽efault rate shall mean the interest rate charged to a customer in default as determined and announced by the Lender under the Notification of the Ministry of Finance ∻usiness day shall mean the day on which commercial banks in Bangkok, London and New York opens for normal business. ![]() US Dollar shall mean the currency of the United States of America. ∽rawdown date shall mean the date on which the Borrower draws down the loan from the Lender. Where any interest payment date falls beyond the loan repayment date of each installment, the interest payment date in respect to such payment shall fall on the loan repayment date ![]() Immediately after the date of such other drawdown In the case of a drawdown other than the first drawdown, the first payment of the interest thereon shall be made on the interest payment date of the first drawdown which comes Subsequent interest payment date shall be the date of completion of one (1) months period from the preceding interest payment date Interest payment date shall mean the due date for payment of interest for each interest period, subject to the following conditions:įirst interest payment date shall be the date of completion of one (1) months period from the date of the first drawdown ∺vailability period shall mean the period commencing on the date of execution of this Agreement up to 3 March 2006. Subsequent interest periods shall commence at the end of the preceding interest period and end upon the lapse of the period specified in a. Into a number of consecutive interest periods until the end of such period, subject to the following conditions:Įach interest period shall be equal to six (6) months įirst interest period shall commence on the date of the first drawdown and end upon the lapse of the period specified in a Interest period shall mean a period commencing on the date of the first drawdown until the date on which full payment of the loan has been made, which shall be divided The Borrower, therefore, enters into this Agreement as evidence of receipt of such financial support withĮxcept otherwise indicated by the essence of the Agreement, the following terms or expressions shall mean as follows: (Four Million United States Dollars only) for purchase of machinery, and the Lender agrees to provide such financial support to the Borrower. ∻orrower, is desirous to receive financial support from Export-Import Bank of Thailand, hereinafter referred to as the Lender, in the form credit in the category of foreign currency loan in the amount of 4,000,000 US Dollars , Vibhavadee-Rangsit Road, Kukod Sub-district, Lamlukka District, Pathumthani Province, hereinafter referred to as the We, FABRINET CO., LTD., by Mr. Soon Kaewchansilp, the authorized representative, having an office located at No. 294 Moo 8, Soi ![]()
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