Payment Entrustment Sample Clauses

Payment Entrustment. The borrower shall clearly specify the payment entrustment in the withdrawal application, that is, to authorize and entrust the lender to directly pay the loan funds to the borrower’s designated counterpart after transferring the loan funds into the borrower’s account. The borrower shall also provide the name of the recipient, the counter party’s account, payment amount and other necessary payment information.
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Payment Entrustment. If the borrower meets the conditions of entrusted payment by the Lender, the borrower shall have a clear payment authorization in the withdrawal application, that is, authorizes and entrusts the lender to directly pay the borrowed funds to the Borrower’s designated counterparty account conforming to the purposes agreed herein after transferring the borrowed funds into the borrower’s designated account. And shall provide the name of the counterparty receiving the payment, counterparty account, payment amount and other necessary payment information.
Payment Entrustment. Where the payments conform to the entrusted payment conditions of the Lender, the Borrower shall specifically entrust the Borrower to make the payment in the utilization request, that is, the Borrower authorizes and entrusts the Lender to directly deposit the loan capital in the bank account of the counterparty designated by the Borrower for the purpose as agreed herein after the loan deposit is deposited in the designated bank account of the Borrower, and the Borrower shall provide necessary payment information including the name of the payee, its bank account, and payment amount.
Payment Entrustment. If the borrower meets the conditions of entrusted payment by the Lender, the borrower shall have a clear payment authorization in the withdrawal application, that is, authorizes and entrusts the lender to directly pay the borrowed funds to the Borrower’s designated counterparty account conforming to the purposes agreed herein after transferring the borrowed funds into the borrower’s designated account. And shall provide the name of the counterparty receiving the payment, counterparty account, payment amount and other necessary payment information. 第 10 页 共 24 页 D — 04: Working capital loan contract — — is applicable to single, and class A, B single working capital loan business
Payment Entrustment. In conformity with the Lender entrusted payment terms, the Borrower should indicate clearly in the withdrawal notice of payment, that the authorized and entrusted the Lender will borrow funds included in the designated account of the Borrower, will directly borrow money to pay in accordance with this Agreement USES the counterparty accounts designated by the Borrower, and should provide credit counterparties name, Counterparty account, payment amount and other necessary payment information.

Related to Payment Entrustment

  • Payment of Rent (19) If the tenant is required to pre-pay rent in advance it should be selected. This is common with tenants with no or bad credit history. Section XIII.

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