Entrusted payment. If a single payment amount of the loan funds exceeds RMB ZERO YUAN (in words), the Lender shall be entrusted to make the payment. The Lender shall, upon approval, pay the loan funds to the Borrower’s trading partner through the Borrower’s account according to the Borrower’s payment power of attorney, corresponding payment vouchers, business contracts and other supporting materials.
Appears in 5 contracts
Samples: Loan Contract of Working Capital (WORK Medical Technology Group LTD), Loan Agreement (WORK Medical Technology Group LTD), Loan Contract of Working Capital (WORK Medical Technology Group LTD)
