Common use of Method of Repayment Clause in Contracts

Method of Repayment. 9.1 The Parties agree and acknowledge that only the following methods of repayment will be taken by Party B and accepted by Party A: to the extent permitted by the PRC laws and regulations then in effect, Party B shall, according to requirements specified in Party A’s written notice, transfer its equity interests in Chengdu Yougao to Party A on the terms and conditions of the Option Agreement, and use the proceeds that it may receive from such equity transfer to repay the loan hereunder.

Appears in 1 contract

Samples: Loan Agreement (FinVolution Group)

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Method of Repayment. 9.1 The Parties agree and acknowledge that only the following methods of repayment will be taken by Party B and accepted by Party A: to the extent permitted by the PRC laws and regulations then in effect, Party B shall, according to requirements specified in Party A’s written notice, transfer its equity interests in Chengdu Yougao Paipairongxin to Party A on the terms and conditions of the 2018 Option Agreement, and use the proceeds that it may receive from such equity transfer to repay the loan hereunder.

Appears in 1 contract

Samples: Loan Agreement (PPDAI Group Inc.)

Method of Repayment. 9.1 The Parties agree and acknowledge that only the following methods of repayment will be taken by Party B and accepted by Party A: A to the extent permitted by the PRC laws and regulations then in effect, Party B shall, according to requirements specified in Party A’s written notice, transfer its equity interests in Chengdu Yougao Shanghai Zihe to Party A on the terms and conditions of the Option Agreement, and use the proceeds that it may receive from such equity transfer to repay the loan hereunder.

Appears in 1 contract

Samples: Loan Agreement (PPDAI Group Inc.)

Method of Repayment. 9.1 The Parties agree and acknowledge that only the following methods of repayment will be taken by Party B and accepted by Party A: to the extent permitted by the PRC laws and regulations then in effect, Party B shall, according to requirements specified in Party A’s written notice, transfer its equity interests in Chengdu Yougao Shanghai Nianqiao to Party A on the terms and conditions of the Option Agreement, and use the proceeds that it may receive from such equity transfer to repay the loan hereunder.

Appears in 1 contract

Samples: Loan Agreement (PPDAI Group Inc.)

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Method of Repayment. 9.1 The Parties agree and acknowledge that only the following methods of repayment will be taken by Party B and accepted by Party A: to the extent permitted by the PRC laws and regulations then in effect, Party B shall, according to requirements specified in Party A’s written notice, transfer its equity interests in Chengdu Yougao Shanghai Ledao to Party A on the terms and conditions of the Option Agreement, and use the proceeds that it may receive from such equity transfer to repay the loan hereunder.

Appears in 1 contract

Samples: Loan Agreement (PPDAI Group Inc.)

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