Common use of Announcement Collection Clause in Contracts

Announcement Collection. In the event that Party A has not fully repay the loan due, pay the interest due, pay the penalty and compound interest, or any other outstanding, Party B has the right to circulate a notice to relevant authorities and to disclose to the media, Party A agrees that the notice or disclosure has the effectiveness of interruption of limitation.

Appears in 4 contracts

Samples: Individual Loan Agreement (Kirin International Holding, Inc.), Individual Loan Agreement (Kirin International Holding, Inc.), Individual Loan Agreement (Kirin International Holding, Inc.)

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