Facility 007
APPLICATION FOR DRAWDOWN OF WORKING CAPITAL FACILITY
To: China Construction Bank Corporation Ho Chi Minh City Branch
- ____________________
In accordance with the Working Capital Facility Contract entered into between you and us, (Contract No. _______________), we hereby apply for drawdown of a loan in accordance with the above contract, with the following particulars:
- Drawdown Amount
We apply for a drawdown of USD/VND________________________(Currency and Amount in words), which shall be transferred into our USD/VND account no. _________________with your bank for that amount upon your approval.
- Purpose of the Loan
The purpose of this loan shall be __________________.
- Interest rate of the Loan
The interest rate for this drawdown shall be fixed at [ ] % per annum and the default interest rate shall be the 150% of the interest rate.
- Term of the Loan
The term of this loan shall commence as of _____________(d/m/y) and mature on _____________(d/m/y).
- Repayment Plan
- _____________(amount) to be repaid on ______________(d/m/y);
- _____________(amount) to be repaid on ______________(d/m/y);
- _____________(amount) to be repaid on ______________(d/m/y).
- __________________________ _____________ _____________
We hereby represent and warrant that we will abide by all the provisions of the abovementioned facility contract and there is no any event of default by us or any event that may adversely impact your rights as provided by the Contract during the application. We look forward to your approval of our drawdown application.
Applicant:
Legal stamp/Official seal:
Legal Representative (principal officer) or Authorized Representative (signature):
(Signature)_______________
Date: _____________________(d/m/y)
