Loan Term. consisting of the term of the total loan and the terms of individual loans. The term of total loan shall mean the period from the date of issue of the first loan to the date when the borrower repays all of the loan principal and interest according to the contract; the term of individual loan shall mean the period from the date of issue of individual loan in installment drawdown to the agreed date when the borrower repays the principal of and interest on such loan.
Appears in 8 contracts
Samples: Working Capital Loan Contract (Planet Image International LTD), Working Capital Loan Contract (Qilian International Holding Group LTD), Working Capital Loan Contract (Qilian International Holding Group LTD)
