Common use of Account Management Clause in Contracts

Account Management. A. The repayment account opened by the Borrower with the Lender (the account stipulated in Article 5) is a special capital withdrawal account, which is used to collect the corresponding sales revenue or the planned repayment fund. Where the corresponding sales revenue is settled in a non-cash manner, the Borrower shall ensure that it will be promptly transferred into the capital withdrawal account upon receipt. B. The Lender shall have the right to supervise the capital withdrawal account, including but not limited to the understanding and supervision of the fund income and expenditure of the account, and the Borrower shall provide relevant cooperation. At the request of the Lender, the Borrower shall execute a special account supervision agreement with the Lender.

Account Management. A. (1) The repayment account opened by the Borrower with the Lender (the account stipulated in Article 5) is a special capital withdrawal account, which is used to collect the corresponding sales revenue or the planned repayment fund. Where the corresponding sales revenue is settled in a non-cash manner, the Borrower shall ensure that it will be promptly transferred into the capital withdrawal account upon receipt. B. (2) The Lender shall have the right to supervise the capital withdrawal account, including but not limited to the understanding and supervision of the fund income and expenditure of the account, and the Borrower shall provide relevant cooperation. At the request of the Lender, the Borrower shall execute a special account supervision agreement with the Lender.

Account Management. A. (1) The repayment account designated and opened by the Borrower with the Lender (the account stipulated agreed in Article 5) is a special capital withdrawal fund recovery account, which is used to collect the corresponding sales revenue income or the planned repayment fundfunds. Where If the corresponding sales revenue income is settled in a non-cash manner, the Borrower shall ensure that it will be the funds are promptly transferred into the capital withdrawal fund recovery account upon receipt. B. (2) The Lender shall have has the right to supervise the capital withdrawal fund recovery account, including but not limited to the understanding and supervision supervising the inflow and outflow of the fund income and expenditure of funds in the account, and the Borrower shall provide relevant cooperationcooperate. At the request of If required by the Lender, the Borrower shall execute sign a special account supervision agreement with the Lender.