Common use of Preconditions Clause in Contracts

Preconditions. The Lender shall provide the loan hereunder only after: 1. The bank account, i.e., basic bank account, has been established by the Borrower at the Lender; 2. The Borrower has provided the related instruments and fulfilled the appropriate formalities as required by the Lender; 3. The Borrower has acquired all approvals, registrations and fulfilled all other formalities necessary for the loan hereunder if the same is related to the foreign currency; and 4. The guarantees or assurances required for the loan hereunder have been fulfilled and effective pursuant to the related requirements of laws, in addition, the surety agreement necessary for the loan hereunder, if any, has been concluded and come into effect.

Preconditions. The Lender shall provide the loan hereunder only after: 1. The bank account, i.e., basic bank account, has been established by the Borrower at the Lender; 2. The Borrower has provided provide the related instruments and fulfilled fulfill the appropriate formalities as required by the Lender; 3. The Borrower has acquired all approvals, registrations and fulfilled all other formalities necessary for the loan hereunder if the same is related to the foreign currency; and 4. The guarantees or assurances insurances required for the loan hereunder have been fulfilled and effective pursuant to the related requirements of laws, in addition, the surety agreement necessary for the loan hereunder, if any, has been concluded and come into effect.

Preconditions. The Lender shall provide the loan hereunder only after: 1. The bank account, i.e., basic bank account, has been established by the Borrower at the The Lender; 2. The Borrower has provided provide the related instruments and fulfilled fulfill the appropriate formalities as required by the The Lender; ; 3. The Borrower has acquired all approvals, registrations and fulfilled all other formalities necessary for the loan hereunder if the same is related to the foreign currency; and and 4. The guarantees or assurances insurances required for the loan hereunder have been fulfilled and effective pursuant to the related requirements of laws, in addition, the surety agreement necessary for the loan hereunder, if any, has been concluded and come into effect.