Common use of Repayment Method Clause in Contracts

Repayment Method. Party A shall deposit a sufficient amount into its bank account at Party C before the repayment date and each interest settlement date and transfer such amount to repay the Loan (Party C may also debit such amount from such account to repay the Loan), or transfer such amount from another bank account of Party A to repay the Loan.

Appears in 2 contracts

Samples: Loan Implementation Agreement (Hoku Scientific Inc), Loan Implementation Agreement (Tianwei New Energy Holdings Co., LTD)

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Repayment Method. Party A shall deposit a sufficient amount into its bank account at Party C B before the repayment date and each interest settlement date provided hereunder and transfer such amount to repay the Loan loan (Party C B may also debit such amount from such account to repay the Loanloan), or transfer such amount from another bank account of Party A to repay the Loanloan.

Appears in 2 contracts

Samples: Credit Facility Contract (Viasystems Group Inc), Credit Facility Contract (Viasystems Inc)

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