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ID:8232275
大小:38.10 KB
页数:13页
时间:2018-03-11
《借款合同模板一(英文版)》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、COMMUNITYDEVELOPMENTBLOCKGRANTLOANAGREEMENTNORTHDAKOTADIVISIONOFCOMMUNITYSERVICESSFN51604(10/00)DateTheCity/Countyof(LENDER)and(BORROWER)agreetoaloanpursuanttotheCommunityDevelopmentBlockGrantprogram(CDBG)authorizedbythefederalDepartmentofHousingandUrb
2、anDevelopment(HUD)andasadministeredandapprovedbytheDivisionofCommunityServices(DCS),subjecttothefollowingtermsandconditions,includingattachments:ARTICLE1.0-GENERAL1.1Definitions1.2TheLoanLENDERagreestolendBORROWERanamountuptodollars($)toassistinthefina
3、ncingoftheproject(s)describedinArticle2.3ofthisAgreement.BORROWERshallexecuteaPromissoryNotetoLENDERinanamountequaltothemaximumamountofthisloan,dollars($)withinterestontheunpaidbalanceat%annually.ThePromissoryNoteisAttachment"A"tothisagreement.Intheeve
4、ntBORROWERdoesnotrequirethemaximumamountofthisloan,anyfundsundisbursedbyLENDERshallreducetheloanaccordingly.1.3TimeofPerformanceTheprojectdescribedinArticle2.3shallbecompletedonorbefore.1.4ReportandProductsBORROWERshallsubmitthefollowingreports:1.Emplo
5、ymentReport/LoanStatus-Submittedonasemi-annualbasisthroughoutthetermoftheloan.Thefirstreportshallbesubmittednolaterthansixty(60)daysafterthedisbursaloftheloan.2.3.1.5IntendedThirdPartyBeneficiaryTheDCSisan"IntendedThirdPartyBeneficiary"ofthiscontractan
6、dassuch,islegallyentitledtoenforcethisagreement.Inparticular,itisexpresslycontemplatedbythecontractingpartiesthattheDCSwillhavetheauthoritytoenforcethe"EventsofDefault"(6.4)and"ActionsUponaDeclarationofDefault"(6.5)provisionsofthisAgreementiftheLENDERd
7、oesnotexercisetherightsofArticles6.4and6.5.ThisprovisioninnowayrestrictsanylegalrightsorremediesthattheDCSmayassertagainstthe(city/county)foritsfailuretoenforcetheconditionsandrequirementsofthisagreement.ARTICLE2.0-BORROWER'SPROJECT(S)2.1LocationofProj
8、ect(s).Thelocationoftheproject(s)is(are):2.2StatementofWorkandServicesBORROWERshallperformtheworkactivitiesandservicesdescribedintheapprovedCDBGEconomicDevelopmentGrantApplication,Attachment"B",inasatisfactoryandpropermanner,asdetermine
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