Common use of PERFORMANCE OF THE CONTRACT Clause in Contracts

PERFORMANCE OF THE CONTRACT. 1. The Borrower shall open an account at the Lender in accordance with Paragraph 2 of Article 5 hereof. When the Lender transfers the loan to the account, it shall be deemed that the Lender has performed the obligation of issuing the loan.

Appears in 3 contracts

Samples: Xuhang Holdings LTD, Xuhang Holdings LTD, Xuhang Holdings LTD

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PERFORMANCE OF THE CONTRACT. 1. The Borrower borrower shall open an account at with the Lender lender as stipulated in accordance with Paragraph the Clause 2 of Article 5 hereof4 of this contract. When the Lender transfers lender deposits the loan to the into this account, it shall be deemed considered that the Lender lender has performed the fulfilled its obligation of issuing to issue the loan.

Appears in 1 contract

Samples: Automatic Loan Agreement (Webus International Ltd.)

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PERFORMANCE OF THE CONTRACT. 1. The Borrower borrower shall open an account at with the Lender lender as stipulated in accordance with Paragraph 2 the second paragraph of Article 5 hereofof this contract. When the Lender transfers lender deposits the loan to the into this account, it shall be deemed considered that the Lender lender has performed the fulfilled its obligation of issuing to issue the loan.

Appears in 1 contract

Samples: Loan Agreement (Webus International Ltd.)

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