Common use of Receiving Payables Clause in Contracts

Receiving Payables. Creditor has the right to take payment from guarantor’s account in bank of Jiangsu for all payables of guarantor in the range of warranty coverage. If the payment is foreign currency, it will be calculated according to the rate Creditor announced on the day.

Appears in 4 contracts

Samples: Highpower International, Inc., Highpower International, Inc., Highpower International, Inc.

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