Common use of Drawdown of the Loan Clause in Contracts

Drawdown of the Loan. 2.1 The Borrower must fulfil all the precedents as agreed under this Contract prior to the drawdown of the Loan or the Lender does not has the obligation to grant any of the Loan to the Borrower, unless as otherwise agreed by the Lender.

Appears in 4 contracts

Samples: Loan Contract (CHINA METRO-RURAL HOLDINGS LTD), Fixed Asset Loan Contract (CHINA METRO-RURAL HOLDINGS LTD), Loan Agreement (CHINA METRO-RURAL HOLDINGS LTD)

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Drawdown of the Loan. 2.1 The Borrower must fulfil all the precedents as agreed under this Contract prior to the drawdown of the Loan or the Lender does not has the obligation to grant any of the Loan to the Borrower, unless as otherwise agreed by the Lender.

Appears in 2 contracts

Samples: Fixed Asset Loan Contract (CHINA METRO-RURAL HOLDINGS LTD), Fixed Asset Loan Contract (CHINA METRO-RURAL HOLDINGS LTD)

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