Common use of Repayment Method Clause in Contracts

Repayment Method. Party A shall reserve enough funds payable in the current period in the fund repayment account or other accounts opened at Party B before the repayment date specified in this Contract, and transfer the funds for repayment by itself (Party B also has the right to transfer the funds from this account for repayment), or transfer the funds from other accounts for repayment on the repayment date as specified in this Contract.

Appears in 5 contracts

Samples: Loan Contract (Gracell Biotechnologies Inc.), Loan Contract (Gracell Biotechnologies Inc.), Loan Contract (Gracell Biotechnologies Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!