Loan issuance Sample Clauses

Loan issuance. The Borrower designates the following account as the loan issuing account: Account Name: Autozi Internet Technology Co., Ltd. Bank of Deposit: Beijing Zhongguancun Bank Corporation Limited Account No.: 1005890001500021423

Loan issuance. The borrower applies to the lender for withdrawal before using the funds. If the lender considers that the withdrawal conditions agreed in this contract are met after review, the loan funds shall be transferred to the agreed borrower’s account

Loan issuance. 6.1 Only when the following conditions can be met, Party A has the obligation to issue the loan agreed in the Contract to Party B: (1) Party B and other parties concerned should have provided their necessary and legally valid internal and/or external approval and authorization documents for relevant issues according to validly existing laws & regulations, articles of incorporation or other organization documents; (2) Such transaction documents as the Contract, the Gold Pledge Contract and the Guaranty Contract should have been signed and come into effect; (3) The notarial procedure for the compulsory execution of the Contract, the Gold Pledge Contract and the Guaranty Contract should have been completely handled; (4) The pledge registration procedure should have been completely handled, and the pledged gold should have been sealed and stored in the safe deposit box of a local bank in Wuhan; (5) All pledged objects should have been insured to the People’s Insurance Company of China (PICC), and PICC should have issued the insurance contract in which Party A is the first beneficiary; (6) As of the loan issuance date, any statement and guarantee made by Party B should be truthful, accurate and valid, and the financial condition of Party B should be basically as the same as that at the contract signing, without any significant adverse change; (7) As of the loan issuance date, the loan issued by Party A to Party B according to the Contract should not violate any laws & regulations or any stipulation of the supervision department; (8) The business condition of Party B (including but not limited to the financial condition) should not have any substantial change which may bring significant adverse influence on the transactions under the Contract; (9) The loan under the Contract should not be prohibited or restricted by any law, regulation, rule or other normative document, or any supervision organization; (10) Other conditions required by Party A. 6.2 Party A should, within [three] days after all preconditions specified in Article 6.1 are met (except that one or more preconditions are clearly exempted by Party A), issue the loan to the following account of Party B: Deposit Bank: Bank Account: Account Name: Wuhan Kingold Jewelry Inc.

Loan issuance. 11.1 Party A can issue the initial loan only when all following conditions are met, and one or more prerequisite conditions may be abandoned or exempted by Party A in a written form (prerequisite conditions for initial loan issuance): (1) Where Party B should obtain the authorization, approval or consent from relevant government organization and any third party for the contract signing or for the performance of the business indicated in the Contract, Party B has obtained such authorization, approval or consent which continuously has full validity. (2) Both parties should have completed all internal approval procedures (for the Contract, cooperation documents, etc.) regarding the cooperation, and obtained all necessary authorizations (including but not limited to the resolutions of the board and the share meeting and other documents). (3) There is no any administrative act, administrative decision, third party agreement, lawsuit or any other administrative or judicial process or threat which can prohibit or restrict the Contract or cause substantial damage compensation to the Contract or substantially increase Party A’s cost for contract performance; the contract signing and performance of Party B will not violate any legal requirement or any regulation of the binding document. (4) The Contract and each cooperation document have been signed and submitted to Party A and have come into effect, and the pledged gold regarding the cooperation document has been completely detected, accepted by Party A and stored in the bank custody issued in the name of Party A; meanwhile, the hypothec should have legally come into effect and the corresponding documentary evidence should have been obtained and submitted to Party A. (5) The third party property insurance for the pledged gold should have come into effect and confirmed by Party A. (6) The causes which may influence Party A’s loan issuance under the contract or Party A’s contract performance should not exist, such as alternation or issuance of laws, change of national micro-control policy, new supervision requirement proposed by relevant administration department or Party A’s funding failure. (7) Party B, the guarantor and any party of relevant contract signed with Party A according to the Contract should not have no any default behavior or involve in any event probably threatening Party A’s rights security under the Contract, the Guarantee Contract and relevant contracts. (8) The business condition and the financial...

Loan issuance. (a) Affirm shall provide the Application for each Qualifying Applicant, in a manner agreed to by the Parties setting forth the Loan amount such Qualifying Applicant is qualified to receive under the Program Terms, and the applicable date on which such credit amount shall be made available to such Qualifying Applicant. Bank shall originate a Loan for such Qualifying Applicant. (b) Each of Bank and Affirm acknowledge and agree that the origination of a Loan by Bank creates a creditor-borrower relationship between Bank and the related Borrower. (c) Bank shall originate all Loans only in accordance with Applicable Law and the Program Terms, and Bank shall not be required to originate any Loans except in accordance with the foregoing.

Loan issuance. Article 8.1 Party A understands and agrees that Party B has the right to adjust, modify and supplement the preconditions for loan issuance under this Agreement according to the provisions of laws, regulations and rules, in view of the changes in Party A’s credit standing, relevant laws, regulations and market changes. Article 8.2 The loan under this Agreement shall adopt self payment method. Party A authorizes and entrusts Party B to directly issue the loan funds to Party A’s loan collection account, and Party A shall independently pay them to Party A’s trading objects that meet the daily business purposes. Article 8.3 In the process of loan payment, if Party B considers that Party A’s payment application and relevant documents submitted by Party A do not meet the requirements, Party B has the right to ask Party A to adjust or reject Party A’s payment application. Any liability such as payment delay caused thereby shall be borne by Party A, and Party B shall not bear any liability. If Party A’s credit status declines, the profitability of its main business is not strong, and the use of loan funds is abnormal, Party B has the right to suspend the issuance and payment of loan funds, and requires Party A to supplement the loan issuance and payment conditions. Any liability such as payment delay caused thereby shall be borne by Party A. Article 8.4 If the loan adopts self payment method, once the loan funds enter the loan collection account of Party A, Party B shall be deemed to have fulfilled the loan obligation. Party A shall ensure that the loan collection account is in normal status (including but not limited to not being frozen by the competent authority, etc.). After the loan funds issued to the loan collection account, Party A shall bear all the risks, liabilities and losses caused by the freezing and deduction of the loan funds by the competent authorities. Party A shall compensate Party B for all losses incurred therefrom. Article 8.5 After the loan is issued, Party A shall regularly report the payment of loan funds to Party B, and Party B has the right to check whether the loan payment meets the agreed purpose through account analysis, voucher inspection and on-site investigation. Article 8.6 If the loan amount actually issued to Party A (hereinafter referred to as “actual amount”) is inconsistent with the loan amount payable according to this Agreement (hereinafter referred to as “payable amount”) due to operational errors, system failures, network ...

Loan issuance. 1.1 This Offer shall be deemed accepted by you if within 1 (one) Business day from the date of sending this Offer to you, you sign it by special code ## phone_code ## (simple electronic signature) received by you in SMS from the Lender. 1.2 In the event of acceptance of this Offer within 5 (five) Business days, the Loan Amount shall be transferred to the above mentioned bank card. 1.3 By accepting this Offer, you agree to repay the loan amount and the interest accrued thereon (at the rate specified in clause 4 of the individual terms and conditions of the consumer loan agreement) for utilization of the loan in the amount and within the term set forth by this Offer. 1.4 By accepting this Offer, you represent that you have read, understood and agree to be bound by the Individual terms and conditions of the consumer loan agreement and the General terms and conditions of the consumer loan agreement of LLMC “AirLoans”, which constitutes an integral part of the Loan Agreement. 1.5 We hereby notify you that if you withdraw your loan amount from your bank account in cash, the bank may charge a fee for withdrawal of such cash. 1.6 You have the right not to accept this Offer.

Loan issuance