Common use of Collection by Announcement Clause in Contracts

Collection by Announcement. If Party A defaults in paying the borrowed principals and interest accruals thereon or has other breaches, Party B shall be entitled to report to relevant departments or entities, and to announce the collection via news medias.

Appears in 4 contracts

Samples: Working Capital Borrowing (Sooner Holdings Inc /Ok/), Working Capital Borrowing (Sooner Holdings Inc /Ok/), RMB Borrowing Contract (Sooner Holdings Inc /Ok/)

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Collection by Announcement. If Party A defaults in paying the borrowed principals and interest accruals thereon or has other breaches, Party B shall be entitled to report to relevant departments or entities, and to announce the collection via news medias.. 13

Appears in 1 contract

Samples: www.sec.gov

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