Common use of Purpose and Amount Clause in Contracts

Purpose and Amount. 1.1 The Lender agrees to grant the Borrower a loan with a maximum principal amount of RMB255,000 pursuant to the terms and conditions of this Agreement. The loan shall be paid in RMB. The Loan shall be interest free for its entire term.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (LightInTheBox Holding Co., Ltd.), Loan Agreement (LightInTheBox Holding Co., Ltd.)

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Purpose and Amount. 1.1 1.1. The Lender agrees to grant the Borrower a loan with a maximum principal amount of RMB255,000 pursuant to the terms and conditions of this Agreement. The loan shall be paid in RMB. The Loan shall be interest free for its entire term.

Appears in 1 contract

Samples: Loan Agreement (LightInTheBox Holding Co., Ltd.)

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