Execution of Loan with Principal Exemption Clause for Disasters (I-tem Holdings Co., Ltd.)
NQ Score
100/100
AI Summary (NQ-processed)
Chugoku Bank has provided I-tem Holdings Co., Ltd. with a unique loan that includes a principal exemption clause in the event of a major earthquake. This loan aims to strengthen the company's business continuity plan and mitigate financial risks from natural disasters, allowing for 100% or 50% principal exemption if a seismic intensity of 6-strong or higher is observed at a designated point.
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