【正文】
Address: East End of Dong Feng East Street, Weifang City Legal representative: Jie Yang Lender: Weifang Branch of the Bank of Communications Address: 358 Dong Feng East Street According to applicable laws and regulations of the People39。s Bank of China when said Bank adjusts its interest rate or rate calculation method, in which case Borrower39。 . Borrower shall repay the principal and interest under this Loan Contract in full on the due date. . ***Borrower hereby irrevocably authorizes Lender, on the Lender39。s business system, operational practices, and the procedures under this Loan Contract. . Borrower warrants that it will cooperate with Lender on the supervision and inspection of the use of the funds borrowed under this Loan Contract and of the business condition of Borrower and that it will promptly provide all financial statements and related materials needed by Lender, which Borrower warrants to be true, plete and accurate. . Borrower warrants that it will issue written notices to Lender upon occurrence or possible occurrence of the following events within seven days thereof: (1) Borrower39。 (4) Borrower provides a guaranty to a third party, which will have a material adverse effect on its financial position or its ability to perform its obligations under this Loan Contract。s legal representative. Article 7. *** Events of Default . Any of the following events shall be considered a default under this Article: (1) Borrower misappropriates loan funds。 (5) The legal representative or primary management personnel of Borrower or guarantor is involved in a criminal case。 and (3) Take other remedies as provided by applicable laws and regulations. Article 8. Default Liability: . Lender will impose penalty interest and pounded interest according to the regulations of the People3