- 85 - Polyethylene plastic pellets Sales and Purchase Agreements The Company and a related party have 2 Polyethylene plastic pellets sales and purchase agreements with another related party. The Company and a related party agree to sell all Polyethylene plastic pellets to the other related party for distributing to the customers in the market. The Polyethylene pricing structure is linked to the Polyethylene product price that the related party sells to end customers, adjusted by the marketing expenses specified in the agreements. These agreements are for the period of 15 years, commencing from the effective date as specified in each agreement. One agreement will expire in June 2023 and another agreement has been extended for 5 years and will expire in December 2026. Lending and Borrowing Agreements The Company has unsecured short-term lending agreements for the period of 3 years through Liquidity Management System (“LMS”) with 9 related parties with the credit facility of Baht 3,500 million, Baht 3,000 million, Baht 1,500 million, Baht 800 million, Baht 500 million, Baht 300 million, Baht 100 million and Baht 20 mlillion. These loans bear interest based on market rate referenced to BIBOR O/N plus interest rate spread. The Company has an unsecured short-term lending agreement for the period of 6.5 months with a related party with the credit facility of USD 100 million. This loan bears interest at the fixed rate. The Company has a secured long-term lending agreement for the period of 5 years with a related party with the credit facility of USD 7.90 million. This loan bears interest based on market rate referenced to LIBOR plus interest rate spread. The Company has an unsecured long-term lending agreement for the period of 2 years with a related party with the credit facility of USD 17 million. This loan bears interest based on market rate referenced to LIBOR plus interest rate spread. The Company has an unsecured long-term lending agreement for the period of 2 years minus 6 days with a related party with the credit facility of EUR 2,321 million. This loan bears interest at the fixed rate. The Company has an unsecured long-term lending agreement for the period of 2 years minus 6 days with a related party with the credit facility of USD 491 million. This loan bears interest at the fixed rate. The Company has unsecured short-term borrowing agreements for the period of 3 years through LMS with 9 related parties with the credit facility of Baht 8,000 million, Baht 4,000 million, Baht 800 million, Baht 500 million, Baht 400 million, Baht 300 million, Baht 60 million and Baht 50 million. These loans bear interest based on market rate referenced to BIBOR O/N minus interest rate spread. The Company has an unsecured long-term borrowing agreement for the period of 4.2 years with a related party with the credit facility of USD 495.89 million. This loan bears interest at the fixed rate. The Company has an unsecured long-term borrowing agreement for the period of 10 years with a related party with the credit facility of USD 690.75 million. This loan bears interest at the fixed rate. The Company has an unsecured long-term borrowing agreement for the period of 30 years with a related party with the credit facility of USD 541.25 million. This loan bears interest at the fixed rate. The Company has an unsecured long-term borrowing agreement for the period of 8 years with a related party with the credit facility of USD 100 million. This loan bears interest based on market rate referenced to LIBOR plus interest rate spread. The Company has an unsecured long-term borrowing agreement for the period of 2 years minus 6 days with a related party with the credit facility of EUR 269 million. This loan bears interest based on market rate referenced to EURIBOR plus interest rate spread. The Company has an unsecured long-term borrowing agreement for the period of 2 years with a related party with the credit facility of Baht 73,920 million. This loan bears interest at the fixed rate, with the objective of providing financial support for investment in Allnex group. 317 BUSINESS OPERATION AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL REPORTS AND FINANCIAL STATEMENTS APPENDIX
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