Common use of Disbursement of Loan Clause in Contracts

Disbursement of Loan. Upon approval of Party A’s drawdown request, Party B shall provide the approved amount of loan proceeds by bank transfer to Party A’s Designated Account and interest shall be calculated from the drawdown date. The loan account under this Agreement shall be: ¢ the escrow account Bank: Corporate Bank Division, Chongqing Branch, China Minsheng Banking Corp., Ltd. Account number: 1xxxxxxxxxxxxxxx £ the settlement account Bank: _________________________________________________________ Account number: ___________________________________________________ Others: _________________________________________________________ CMBC-HT-313 (Gongsi 2010)-ZXSY-75166637 Clause 11 Loan payment mode

Disbursement of Loan. Upon approval of Party A’s drawdown request, Party B shall provide the approved amount of loan proceeds by bank transfer to Party A’s Designated Account and interest shall be calculated from the drawdown date. The loan account under this Agreement shall be: ¢ the escrow account Bank: Corporate Minsheng Bank Division, Chongqing Branch, China Minsheng Banking Corp., Ltd. Branch Sales Department Account number: 1xxxxxxxxxxxxxxx £ 1XXXXXXXXX40 ¨ the settlement account Bank: _________________________________________________________ Account number: ___________________________________________________ ¨ Others: _________________________________________________________ CMBC-HT-313 (Gongsi 2010)-ZXSY-75166637 Clause 11 9 Loan disbursement and payment mode

Disbursement of Loan. Upon approval of Party A’s drawdown request, Party B shall provide the approved amount of loan proceeds by bank transfer to Party A’s Designated Account and interest shall be calculated from the drawdown date. The loan account under this Agreement shall be: ¢ the escrow account Bank: Corporate Minsheng Bank Division, Chongqing Branch, China Minsheng Banking Corp., Ltd. Branch Account number: 1xxxxxxxxxxxxxxx £ the settlement account Bank: _________________________________________________________ Account number: ___________________________________________________ £ Others: _________________________________________________________ CMBC-HT-313 (Gongsi 2010)-ZXSY-75166637 Clause 11 9 Loan disbursement and payment mode