Separate Discussion Term: Sample Clauses

Separate Discussion Term:. 18.1 If, during the credit dealing between the promiser and your bank, the materials stated or provided by the promiser contains false or unauthentic contents; or matters violate the agreement or promise or the money deposited in your bank has been detained or requested to be frozen by others legally, your bank can, without prior notice, reduce the credit limit to the promiser or shorten the loan term, or regard all debts to be due. 18.2 If the promiser experiences financial deterioration or other operational crisis, which has been recognized by your bank to have influence on solvency of the promiser, your bank shall reduce the credit limit to the promiser or shorten the loan term, or regard all debts to be due after notifying or reminding the promiser. 18.3 If the money borrowed during the credit dealing between the promiser and your bank flows to the Mainland or is used by the credit objects of your bank listed in article 32 and article 33.2 of Bank Law, or transferred to the interested parties described above, your bank can, without prior notice, reduce the credit limit to the promiser or shorten the loan term, or regard all debts to be due. 18.4 The promiser agrees to request the entrusted audit certified account to submit the audit report copy of the financial statement to the Joint Credit Information Center.