Common use of Rights and Obligations of the Lender Clause in Contracts

Rights and Obligations of the Lender. 1. The Lender shall have the right to know the Borrower’s production and operation, financial activities, inventory of materials and use of loans, etc. and to require the Borrower to provide documents, materials and information including financial statements on schedule. 2. Provided the Borrower performs the obligations provided hereunder, the Lender shall provide the loan in full and on schedule. 3. The Lender shall provide, regarding interest of the loan, value-added tax invoices in accordance with tax regulations.

Appears in 3 contracts

Samples: Loan Agreement (iQIYI, Inc.), Loan Agreement (iQIYI, Inc.), Loan Agreement (iQIYI, Inc.)

AutoNDA by SimpleDocs

Rights and Obligations of the Lender. 1. 2.1 The Lender shall have the right is entitled to know the Borrower’s production and production, operation, financial activitiessituation, material inventory and usage of materials Loan, and use require the Borrower to furnish financial statement, documents and information. 2.2 In accordance with the provisions of loansthis agreement, etc. and in case the acquisition is not successful, the Lender will have the right to require the Borrower to provide documents, materials and information including financial statements on schedulerepay them early. 2. Provided the Borrower performs the obligations provided hereunder, the Lender shall provide the loan in full and on schedule. 3. The Lender shall provide, regarding interest of the loan, value-added tax invoices in accordance with tax regulations.

Appears in 1 contract

Samples: Loan Agreement (Lincoln Floorplanning Co., Inc.)

AutoNDA by SimpleDocs

Rights and Obligations of the Lender. 1. The Lender shall have has the right to know understand the Borrower’s status of production and operation, financial activities, material inventory of materials and the use of loans, loans etc. and to require the Borrower to provide financial statements and other documents, materials and information including financial statements on schedule. 2. Provided the Borrower performs the obligations provided hereunder, the The Lender shall provide the loan to the Borrower in full and on scheduleschedule provided that the Borrower fulfills its obligations under this Agreement. 3. The Lender shall provide, regarding interest of the loan, value-provide value added tax invoices in accordance line with tax regulationsprovisions for loan interest.

Appears in 1 contract

Samples: Loan Agreement (iQIYI, Inc.)

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