Common use of Account Management Clause in Contracts

Account Management. 6.1 The Borrower shall designate a special fund withdrawal account at the Lender to collect the corresponding sales revenue or planned repayment funds. If the corresponding sales revenue is settled in non-cash form, the borrower shall ensure that the fund is timely transferred to the withdrawal account after receiving the payment. 6.2 The lender shall have the right to supervise the fund withdrawal account, including but not limited to understanding and supervising the fund income and expenditure of the account, and the borrower shall cooperate. If required by the Lender, the Borrower shall sign a special account supervision agreement with the Lender.

Appears in 3 contracts

Samples: Working Capital Loan Contract (MED EIBY Holding Co., LTD), Working Capital Loan Contract (MED EIBY Holding Co., LTD), Working Capital Loan Contract (MED EIBY Holding Co., LTD)

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Account Management. 6.1 The Borrower shall designate a special fund withdrawal account at the Lender to collect the corresponding sales revenue or planned repayment funds. If the corresponding sales revenue income is settled in a non-cash formway, the borrower shall ensure that the fund it is timely transferred to the fund withdrawal account after receiving the payment. 6.2 The lender Lender shall have the right to supervise the fund withdrawal account, including but not limited to understanding and supervising the fund income and expenditure of the account, and the borrower Borrower shall cooperate. If required requested by the Lender, the Borrower shall sign enter into a special account supervision agreement with the Lender.

Appears in 2 contracts

Samples: Working Capital Loan Contract (Greenland Technologies Holding Corp.), Working Capital Loan Contract (Greenland Technologies Holding Corp.)

Account Management. 6.1 The Borrower shall designate a special fund withdrawal account at the Lender to collect for collecting the corresponding sales revenue or planned repayment fundsfund. If the corresponding sales revenue is settled in a non-cash form, the borrower shall ensure that the fund is timely funds are transferred to into the withdrawal collection account in time after receiving the paymentfunds one-panelled door. 6.2 The lender shall have the right to supervise the fund withdrawal account, including but not limited to understanding and supervising the fund income and expenditure of the account, and the borrower shall cooperate. If required by the Lenderlender, the Borrower borrower shall sign a special account supervision agreement with the Lenderlender Regulatory agreement.

Appears in 1 contract

Samples: Working Capital Loan Contract (Greenland Technologies Holding Corp.)

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Account Management. 6.1 The Borrower borrower shall designate a special dedicated fund withdrawal account at the Lender lender's location to collect the corresponding sales revenue or planned repayment funds. If the corresponding sales revenue is settled in non-a non cash formmanner, the borrower shall ensure that the fund is timely funds are promptly transferred to the withdrawal fund recovery account after receiving upon receipt of the payment. 6.2 The lender shall have has the right to supervise the fund withdrawal account, including but not limited to understanding and supervising monitoring the fund income and expenditure of funds in the account, and the borrower shall should cooperate. If required requested by the Lenderlender, the Borrower borrower shall sign a special specialized account supervision agreement with the Lender.lender. 第 12 页 共 21 页

Appears in 1 contract

Samples: Contract for Loans of Working Capital (CLPS Inc)

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