Common use of Repayment Method Clause in Contracts

Repayment Method. Party A shall, prior to the repayment date stipulated in this Agreement, reserve the amount payable in the current period on the account for recoup funds or other account opened by Party B and transfer the amount to repay the loan by itself (Party B also has the right to transfer funds from the account to repay the loan), or transfer funds from other accounts to repay loans on the repayment date agreed in this Agreement.

Appears in 2 contracts

Samples: RMB Credit Line Loan Agreement (UTime LTD), RMB Credit Line Loan Agreement (UTime LTD)

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Repayment Method. Party A shall, prior to the repayment date stipulated in this AgreementContract, reserve the amount payable in the current period on the account for recoup funds or other account opened by Party B and transfer the amount to repay the loan by itself (Party B also has the right to transfer funds from the account to repay the loan), or transfer funds from other accounts to repay loans on the repayment date agreed in this AgreementContract.

Appears in 1 contract

Samples: Credit Line Loan Agreement (UTime LTD)

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Repayment Method. Party A shall, prior to the repayment date stipulated in this Agreementas agreed hereunder, reserve prepare fund payable for current installment at the amount payable in the current period on the repayment provision account for recoup funds or other account accounts opened by at Party B and transfer the amount to repay the fund for loan by itself repayment on its own (Party B also has the right is entitled to transfer funds deduct fund for repayment from the account to repay the loansuch account), or transfer funds fund for repayment from other accounts to repay loans account(s) on the repayment date agreed in this Agreementhereunder.

Appears in 1 contract

Samples: Loan Contract for Fixed Assets (Skechers Usa Inc)

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