Repayment Account. Borrower shall make all payment called under this loan agreement to the bank account designated by Lender.
Repayment Account. Upon notice to it that any ACS Group Loans or any Class E Securities are to be wholly or partially repaid pursuant to Section 3.09 hereof or of the Guarantor Intercreditor Agreement, the Administrative Agent shall cause the Operating Bank to establish and maintain a Repayment Account pursuant to Section 3.01(a) hereof or of the Guarantor Intercreditor Agreement in the name of the Collateral Agent for the benefit of the Holders. All amounts received for the purpose of any such repayment shall be deposited in the Repayment Account.
Repayment Account. The Borrower shall open a repayment account with the Lender or any branch of Bank of Ningbo, deposit in full the amount of the repayment of the principal and interest into the repayment account before the date of each repayment of the principal and interest, and authorize the Lender to deduct the amount from the repayment account. The specific repayment account shall be the repayment account listed in the loan memorandum.If the borrower has outstanding principal and interest or other expenses of the loan, it shall promptly deposit them into the repayment account and authorize the lender to deduct them at any time.If the quoted interest rate of the loan market (LPR) changes, the borrower shall timely and fully deposit the principal and interest payment, otherwise all consequences caused by this, including but not limited to additional penalty interest and adverse impact on the Borrower’s credit record, shall be borne by the Borrower and have nothing to do with the lender.If the repayment account is reported as loss, frozen, stopped payment or settled, or the borrower needs to change the repayment account, the borrower shall go through the procedures of changing the repayment account at the lender.Before the change procedures take effect, If the borrower fails to handle the change procedures of the repayment account in time or fails to handle the repayment at the counter in time and fails to pay off the principal and interest of the due loan and other expenses in time, the borrower shall bear the liability for breach of contract.
Repayment Account. The information of repayment account shall be stipulated in the individual credit documents.
Repayment Account. The bank account provided to the Lender for debiting by the Borrower when applying for and using the Borrowing Service (including the special internal account set up for Party B by Party A or the third party service agency entrusted by Party A for repayment), and the repayment account shall be subject to the agreement in Article 1 of this Contract. Party B shall not change or cancel the repayment account until Party B has paid off all the principal, interest and expenses (if any, including but not limited to all expenses such as attorney’s fee, litigation fee, arbitration fee, travel fee, public notice fee, service fee, execution fee, transfer fee and commission fee of third party collection agency) under this contract and the line contract.
Repayment Account. The Borrower shall make all repayments in respect to the Secured Obligations into such bank account(s) as may be maintained by the Borrower with the Bank, and as may be acceptable to the Bank.
Repayment Account. The borrower shall open a repayment account with the lender and ensure sufficient funds for principal and interest repayment on or before each due date as stipulated in this contract or the respective loan receipts. The borrower authorizes the lender to deduct amounts from the repayment account. Specific repayment account information is detailed in the attached terms. If the borrower has outstanding loan principal or other fees, they must timely deposit into the repayment account and authorize the lender to deduct amounts at any time. If the LPR changes, the borrower must timely deposit sufficient amounts for repayment; otherwise, they will bear all consequences, including but not limited to additional penalties and negative impacts on their credit record, independent of the lender’s involvement. If the repayment account is reported lost, frozen, or requires changes, the borrower must handle such changes at the lender’s premises. If the borrower fails to timely process repayment account changes or to repay at the counter, resulting in overdue payments, they will be liable for default.
Repayment Account. The borrower should repay the principal and interest to the following account designed by the lender: Account Name: Zhongrong International Trust Co., Ltd. Bank Name: Xi’an Bank Xi’an Chengxi Branch Account Number: xxxxxxxxxxxxxxx158
Repayment Account. The repayment account information is agreed upon by the single credit granting document.
Repayment Account. The Borrower shall open a Repayment Account with the Agent and sign a Repayment Account Pledge Agreement (in the form of Attachment 10) with the Agent, creating a maximum-limit pledge on the interest in such account for the benefit of the Agent. The Borrower shall ensure that the balance of such account shall be maintained at all times with an amount equivalent to at least 3 installments of interest payable calculated from the balance amount of principal drawn down under this Credit Facility at the end of the previous month. On the condition that there is no Event of Breach, the proceeds from the pledged account may be collected by the Borrower or transferred to a general deposit account designated by the Borrower following the prior written consent of the Agent. In case of any Event of Breach listed in this Agreement, the Agent may use the funds deposited currently or in the future in the Borrower’s Operating Income and Expense Account and (or) Repayment Account to repay any outstanding balance of this Credit Facility until all principal, advance, interest, guarantee processing fee and relevant fees owed by the Borrower under this Credit Facility are fully repaid. Unless otherwise provided in this Agreement, neither the Borrower nor Gogoro Taiwan Sales and Services Limited shall assign, change, settle, create pledge on or otherwise encumber, deliver trust or otherwise dispose of the Operating Income and Expense Account and (or) the Repayment Account.
