Issuance of loans Sample Clauses

Issuance of loans. The Borrower has designated the following account as the loan issuance account:, Account Name: Beijing Hexian Lianjing Technology Co., Ltd. Bank: Beijing Zhongguancun Bank Co., LTD. Account No.: 1005890001500025389
Sample 1
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Issuance of loans. 7. After the borrower meets the loan issuance conditions required by the lender and completes the corresponding loan and guarantee procedures, the lender shall make a loan within 3 working days. Both parties agree that the lender shall remit the loan to the following account of the borrower by transfer. Once the transfer is successful, it shall be deemed that the loan has been withdrawn and used by the borrower. Beneficiary account: SMARTEN TECHNOLOGY CO.,LTD Beneficiary account No.：4102 4200 0400 23259 Beneficiary bank: Longxiang sub branch, Agricultural Bank of China Shenzhen
Sample 1
Issuance of loans. (i) The Borrower requests amount for which it wants to draw under the Credit Agreement by email to the Custodian and Deutsche Bank Client Service Representative (_____________) (“CSR”) and copies Deutsche Bank ComplexPB (________________, _______________, _______________ and any persons whose names and email addresses are supplied by the Administrative Agent to the Borrower from time to time) (“ComplexPB”);
Sample 1
Issuance of loans. Seagate shall have funded the Loans in accordance with the provisions of Section 3.
Sample 1

Related to Issuance of loans

  • Funding of Loans The Lenders agree that the Administrative Agent may assume that each Lender will fund timely its pro rata portion of each borrowing requested by the Borrowers in accordance with the terms of this Agreement and that the Administrative Agent may, in reliance upon such assumption, make available to the Borrowers a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable borrowing available to the Administrative Agent, then the applicable Lender and the Borrowers severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount in immediately available funds with interest thereon, for each day from and including the date such amount is made available to the Borrowers to but excluding the date of payment to the Administrative Agent, at (a) in the case of a payment to be made by such Lender, the greater of the Federal Funds Rate or a rate determined by the Administrative Agent in accordance with banking industry customs and rules on interbank compensation, plus any administrative, processing or similar fees customarily charged by the Administrative Agent in connection with the foregoing, and (b) in the case of a payment to be made by the Borrowers, the interest rate applicable to Adjusted Base Rate Borrowings. If the Borrowers and such Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrowers the amount of such interest paid by the Borrowers for such period. If such Lender pays its share of the applicable borrowing to the Administrative Agent, then the amount so paid shall constitute such share included in the subject borrowing. Any payment by the Borrowers shall be without prejudice to any claim the Borrowers may have against a Lender that shall have failed to make such payment to the Administrative Agent.

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