Common use of Loan Amount Clause in Contracts

Loan Amount. Party B has wired RMB 6,200,000 and RMB 3,800,000, for a total of RMB 10,000,000, free of interest, to Party C on April 11, 2016 and April 13, 2016, respectively. The payments to Party C were wired to Party C’s bank account as designated below: Account Name: Yantai Jinzheng Eco-Technology Co., Ltd. Bank: Yantai Free Trade Port District Branch, Bank of China Party C’s offshore parent company, Party D shall convert Party B’s loans and issue shares to Party B in accordance with the terms of this Agreement. Through the process of share issuance, Party A and Party D shall assist Party B with relevant registrations unconditionally.

Appears in 2 contracts

Samples: Convertible Debt Investment Agreement (Newater Technology, Inc.), Convertible Debt Investment Agreement (Newater Technology, Inc.)

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Loan Amount. Party B has wired RMB 6,200,000 4,990,000 and RMB 3,800,000, for a total of RMB 10,000,00010,000, free of interestinterests, totally RMB 5,000,000 to Party C on April 11March 21, 2016 and April 13March 25, 2016, respectively. The payments to Party C were wired to Party C’s bank account as designated below: Account Name: Yantai Jinzheng Eco-Technology Co., Ltd. Bank: Yantai Free Trade Port District Branch, Bank of China Party C’s offshore parent company, Party D shall convert Party B’s loans and issue shares to Party B in accordance with the terms of this Agreement. Through the process of share issuance, Party A and Party D shall assist Party B with relevant registrations unconditionally.

Appears in 2 contracts

Samples: Convertible Debt Investment Agreement (Newater Technology, Inc.), Convertible Debt Investment Agreement (Newater Technology, Inc.)

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Loan Amount. Party B has wired RMB 6,200,000 3,000,000 and RMB 3,800,0003,000,000, for a total of RMB 10,000,0006,000,000, free of interest, to Party C on April 11May 4, 2016 and April 13June 2, 2016, respectively. The payments to Party C were wired to Party C’s bank account as designated below: Account Name: Yantai Jinzheng Eco-Technology Co., Ltd. Bank: Yantai Free Trade Port District Branch, Bank of China Party C’s offshore parent company, Party D shall convert Party B’s loans and issue shares to Party B in accordance with the terms of this Agreement. Through the process of share issuance, Party A and Party D shall assist Party B with relevant registrations unconditionally.

Appears in 2 contracts

Samples: Convertible Debt Investment Agreement (Newater Technology, Inc.), Convertible Debt Investment Agreement (Newater Technology, Inc.)

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