Conditions for Withdrawal. An Adopters may withdraw from participation and terminate this Agreement at any time upon giving twenty one (21) days notice to the Secretary.
Conditions for Withdrawal. Withdrawals under this contract shall be made based on the actual funding needs of the borrower. For each withdrawal, the borrower must meet the following conditions:
a. The borrower must submit a written withdrawal application to the lender;
b. The borrower has not encountered any situations described in Clauses 4 or 5 of Article 4, or Article 7, and has not violated the commitments in Article 6;
c. According to the lender's reasonable judgment, the borrower’s financial situation has not experienced any adverse changes that may harm, delay, or prevent the borrower from fulfilling its obligations and responsibilities under this contract;
d. The borrower uses the withdrawn loan funds for the purposes agreed upon in this contract;
e. The guarantee remains valid, and the value of the collateral and/or the guarantor's ability to provide a guarantee has not undergone any adverse changes affecting the guarantor's ability to bear the guarantee responsibility;
f. The borrower has opened relevant accounts as agreed in this contract or as required by the lender;
g. Other conditions required by the lender are detailed in Clause 4 of Article 15 of this contract.
Conditions for Withdrawal. 6.1 When withdrawing funds, Party A must meet the following prerequisites:
6.1.1 Party A has completed the administrative license, approval, registration and other legal procedures related to the loan education hereunder in accordance with relevant laws, regulations and rules;
6.1.2 Party A has submitted relevant documents that meet the requirements of Party B:
6.1.3 The guarantee under this Contract has gone through all the procedures prescribed by law and agreed by both parties and has taken effect/the mortgage has been established/the pledge has been established:
6.1.4 Neither Party A nor the guarantor has committed any breach as stipulated in this Contract or guarantee contract:
6.1.5 At the time of withdrawal, the representations and warranties made by Party A in this Contract shall remain true, accurate and effective;
6.1.6 At the time of withdrawal, the operating and financial status of Party A and the guarantor shall be basically the same as that at the time of signing this Contract in case of any material adverse changes;
6.1.7 Other conditions required by Party B.
6.2 After meeting the above conditions, Party A shall go through the withdrawal procedures as agreed herein and sign the loan voucher. The loan document is an integral part of this Contract and has the same effect as this Contract.
6.3 Party B’s loan to Party A when the withdrawal conditions are not met shall not constitute Party B’s performance defect, nor shall it indicate that Party B gives up requiring Party A to meet the above withdrawal conditions. Party A shall immediately submit relevant materials to Party B upon meeting the withdrawal conditions.
6.4 Due to deterioration of Party A’s credit standing, Party B has the right to automatically cancel, terminate or suspend all or part of the loan. In this case, Party B’s breach of contract does not constitute a defect.
Conditions for Withdrawal. The borrower’s withdrawal shall meet the following conditions:
5.1 This Contract and its annexes have come into force;
5.2 The borrower has provided the guarantee as required by the lender, and the guarantee contract has come into effect and completed the statutory procedures of examination and approval, registration or filing;
5.3 The Borrower has provided to the Lender the documents, documents, seals, list of personnel and signature samples related to the conclusion and performance of this Contract, and filled in the relevant vouchers;
5.4 The borrower has opened an account necessary for the performance of this Contract as required by the lender;
5.5 On a working day before the withdrawal of the bank, submit to the lender the written withdrawal application and the relevant purpose of the loan certification documents, and handle the relevant withdrawal procedures;
5.6 The lender has obtained the Power of Attorney for Financial Discount Interest for Small and Micro Enterprises Borrowers of Beijing Entrepreneurship Guarantee Loan signed by the borrower in the appendix% of this contract;
5.7 The borrower has not yet defaulted under this Contract;
5.8 Other conditions of withdrawal as stipulated by law and agreed upon by both parties. If the above withdrawal conditions are not met, the lender has the right to refuse the borrower’s withdrawal application, except where the lender agrees to make the loan.
Conditions for Withdrawal. All applications described under section 9 herein, to withdraw money or transfer assets from the Account, must be written on a form approved by the Superintendent. The Trustee shall make the payment or transfer within 30 days after receiving the completed application and the accompanying documents required as the case may be.
a) a Declaration about a Spouse; or
b) a statement signed by the Annuitant attesting to the fact that none of the money in the Account is derived, directly or indirectly, from a pension benefit provided in respect of any employment of the Annuitant. For all applications made under section 9 d) herein, when a document is required, it is a nullity if signed or dated more than 12 months before the Trustee receives it. All such applications must also be accompanied by a statement, signed by the Annuitant, that he or she understands that any money released under this section will not be exempt under section 66 of the Act from execution, seizure or attachment.
Conditions for Withdrawal. All applications described under section 10 herein, to withdraw money or transfer assets from the Fund, must be written on a form approved by the Superintendent. The Trustee shall make the payment or transfer within 30 days after receiving the completed application and the accompanying documents required as the case may be.
a) a Declaration about a Spouse; or
b) a statement signed by the Annuitant attesting to the fact that none of the money in the Fund is derived, directly or indirectly, from a pension benefit provided in respect of any employment of the Annuitant.
Conditions for Withdrawal. 1. The borrower may withdraw the money only after this Contract becomes effective and the following conditions are met (the Lender agrees Except those exempted):
(1) The Borrower has opened the relevant Renminbi and/or foreign exchange with the Lender or any of its branches An account;
(2) The Borrower has provided the Lender with legal documents proving the legality of the Borrower, including but not limited to the latest annual inspection of the business license, approval certificate, joint venture or cooperation contract, articles of association Etc.;
(3) The Borrower has submitted the Application for Withdrawal and the Letter of Authorization for Payment to the Lender;
(4) The guarantee contract related to the loan has become effective, and/or the mortgage contract and pledge; The contract has come into force and the mortgage/pledge has been established;
(5) Related to this Contract and required by the Lender, including but not limited to approval, registration and preparation The documents, insurance, notarization, witness and other procedures have been completed by the finance Department;
(6) The borrower has provided proof to the lender that the borrower's registered capital has been paid in accordance with the law Capital verification report;
(7) According to the provisions of the Borrower's internal authorization system, the Borrower has provided the Lender with the approval of the Borrower's board of directors and/or the shareholders' meeting (general meeting of shareholders) and other competent departments Resolutions and letters of authorization;
(8) The Borrower has provided the Lender with evidence of the purpose of the loan under this Contract Materials;
(9) The Borrower has provided the Lender with a letter of ious bearing the valid seal of the Borrower;
(10) If the Lender deems it necessary, the Borrower shall provide a loan contract, guaranty contract or payment (pledge) the contract shall be notarized with the effect of enforcement;
(11) The Borrower and/or Guarantor have paid all fees payable under this Contract use;
(12) Other withdrawal conditions agreed by the parties: This column is blank
Conditions for Withdrawal. The borrower shall meet the following conditions for withdrawal
1. This Contract and its annexes have come into force
2. the Borrower has provided the guarantee as required by the Lender, the guarantee contract has become effective and the statutory approval, registration or filing procedures have been completed;
3. The Borrower has reserved with the Lender the Borrower’s documents, receipts, seals, name list and signature samples in connection with the conclusion and performance of this Contract, and has completed the relevant vouchers;
4. The Borrower has opened the account necessary for the performance of this Contract as required by the Lender;
5. Submit a written withdrawal application to the lender 5 banking days prior to the withdrawal, and fill in the relevant vouchers required for the return of the original loan (such as transfer check, telegraphic transfer form, domestic remittance application form, import bill, etc.) to handle the relevant withdrawal procedures;
6. The Borrower has submitted to the Lender the resolution and authorization letter of the board of Directors or other competent authorities agreeing to sign and perform the Contract;
7. Other withdrawal conditions stipulated by law and agreed by both parties. If the above withdrawal conditions are not satisfied, the Lender shall have the right to reject the borrower’s withdrawal application, unless the lender agrees to make the loan.
Conditions for Withdrawal. No withdrawals from the Loan Account shall be made until the following conditions have been met.
Conditions for Withdrawal. 1. the Lender shall not advance any loan to the Borrower until all following conditions have been satisfied by the Borrower:
(1) The Borrower has delivered the following documents to the Lender and the circumstances stated in the documents have not changed and remain in force, or that the Borrower has given a satisfactory explanation and explanation of the changes to the Lender;
i. loan application: the main contents includes but are not limited to: the name, amount, purpose, term, repayment plan, and repayment source of the loan project, etc.
ii. the Borrower’s legal and valid business license, company’s articles of association, loan card and password / credit code, legal representative registered with the industrial and commercial administrative department and members of the board of directors and principals, chief financial officer list and signature samples, legal representative, valid identity documents of its authorized representative and other company documents the Lender deems necessary;
iii. the resolution of the board of directors or shareholders meeting that the Borrower meets in accordance with legal procedures and is approved by a vote of a quorum of directors or shareholders, which is true, lawful and effective and agrees to apply to the Lender for the loan hereunder and to specify the purpose of the loan and to accept the loan terms and conditions required by the Lender, or any other company documents the Lender deems necessary;
iv. annual report (attached with audit report and notes) of the past three years approved by the Lender and financial statements for the most recent period and the same period of the previous year, or statements for the year since inception if the Borrower has only been established for less than three years;
v. information of affiliated enterprise;
vi. purchase contracts, order contracts, debt certificates and other related contracts, vouchers or information if applying for temporary working capital loan;
vii. proof of ownership and valuation reports of the collateral/pledge if collateral/pledge is provided, and the registration procedures of mortgage/pledge that should be completed in accordance with the requirements of relevant laws and regulations shall have been properly handled and the original documents of ownership certificate, registration certificate, etc. shall have been handed over to the Lender for collection in accordance with the requirements of the Lender; Relevant guarantee materials in accordance wit...
