Not be recyclable Clause Samples
Not be recyclable. During the validity period of the quota, Party A shall not recycle the loan quota. Party A may continuously apply for the loan, but after the loan is repaid, the loan amount corresponding to the loan will not be used again, that is, the accumulative expenditure amount shall not exceed the loan amount linear measure.
Not be recyclable. During the validity period of the quota, Party A shall not recycle the loan quota. Party A may continuously apply for the loan, but after the loan is repaid, the loan amount corresponding to the loan will not be used again, that is, the accumulative expenditure amount shall not exceed the loan amount linear measure.
2. The Purpose of the loan and the source of repayment
3. The effective period of the loan amount
3.1 The effective period of the loan amount under this Contract is from January 24,2023 to January 24,2024 (hereinafter referred to as the “Loan Limit Effective Period”). It occurs during the effective period of the quota Party A shall pay off the loan on the expiration date of the effective period of the quota.
3.2 When the validity period of the quota ends, the unused loan amount will automatically become invalid.
3.3 The term of a single loan is from the date of withdrawal of a single loan to the agreed repayment date During the stop.
3.4 The loan expenditure refers to the amount allocated by Party B according to the application of Party A and the provisions of this contract The act of the loan issuance to the loan issuance account.
