LOAN CONTRACT
(1) if given in letter it shall be deemed effectively given on the fifth day after the date mailed by registered airmail, postage prepaid;
(2) if given by telex it shall be deemed effectively given on the date the other party returned the information;
(3) if given by facsimile it shall be deemed effectively given on the first date of transmission;
(4) if given by personal delivery it shall be deemed effectively given on the date of personal delivery;
this contract become effective after signed by the authorized representatives of both parties until the loan and the interests and other related expenses be cleared up.
this contract is executed in _____ original and be equally authentic.each of the borrower, the lender shall hold ____ copy.
borrower:____________
lender:______________
date:________________