Common use of Announcement for Collection Clause in Contracts

Announcement for Collection. Party B shall have the right to inform the relevant departments or units of Party A’s breach of contract, and shall have the right to make a public announcement through the news media for collection.

Appears in 3 contracts

Samples: Maximum Accounts Receivable Pledge Agreement (UTime LTD), Maximum Amount Mortgage for Credit Line Loan (UTime LTD), Guarantee Agreement for Credit Line Loan (UTime LTD)

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Announcement for Collection. Party B shall have the right to inform the relevant departments or units of Party A’s default on the principal and interest of the loan or other cases of breach of contract, and shall have the right to make a public announcement through the news media for collection.

Appears in 1 contract

Samples: Credit Line Loan Agreement (UTime LTD)

Announcement for Collection. Party B shall have the right to inform the relevant departments or units of Party A’s default on the principal and interest of the loan or other cases of breach of contractAgreement, and shall have the right to make a public announcement through the news media for collection.

Appears in 1 contract

Samples: RMB Credit Line Loan Agreement (UTime LTD)

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Announcement for Collection. Party B shall have the right to inform the relevant departments or units of Party A’s 's default on the principal and interest of the loan or other cases of breach of contractAgreement, and shall have the right to make a public announcement through the news media for collection.

Appears in 1 contract

Samples: RMB Credit Line Loan Agreement (UTime LTD)

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