We have preciously discussed the loan whit a max of 34 million with an expiration date of 8 january 2019.
Is it not the case that up to 8 january 2019, NUS can ask for loans till 34 million (under the condition mentioned).
And therefore does not have to repay the full amount on 8 January 2019.
Otherwise I do not understand the following: which shall bear interest at 8% per annum, payable bi-annually in arrears.
This would seem more logical to me, but I do not know much about this.