Common use of Loan fund drawdown Clause in Contracts

Loan fund drawdown. 3.1 The precedent conditions as following shall meet the requirement before the loan fund drawdown, otherwise, the lender has the right to refuse to release the loan fund.

Appears in 5 contracts

Samples: Working Capital Loan Contract (BTHC XV, Inc.), Working Capital Loan Contract (BTHC XV, Inc.), Guarantee Contract (BTHC XV, Inc.)

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