NON-USAGE. for business under the single agreements, if Party A can provide sufficient margin or guarantee of pledged cash equivalent (including but not limited to Treasury bonds and certificates of deposit), or if the credit risk of the business is completely transferred to the financial institutions recognized by Party B (including but not limited to Party A providing the bank acceptance bill pledge from financial institutions recognized by Party B), then the credit line is not considered to be used.
Appears in 4 contracts
Samples: Credit Line Agreement (SHENGFENG DEVELOPMENT LTD), Line Agreement (SHENGFENG DEVELOPMENT LTD), Line Agreement (SHENGFENG DEVELOPMENT LTD)
