Common use of Tenor of the Borrowing Clause in Contracts

Tenor of the Borrowing. 1. The tenor of the Borrowing hereunder shall be 12 months, starting on June 28, 2012 and ending on June 28, 2013 (the “Tenor”). 2. Where the Loan is to be disbursed in a lump-sum, the date of actual disbursement as recorded on the receipt of borrowing and/or certificate of borrowing shall be deemed as the disbursement date. Where the date of actual disbursement is later than the disbursement date so recorded, the Tenor shall be extended accordingly. 4. Where the Loan is to be utilized by installments, all the installments shall expire on the same day, or in other words, all the installments disbursed separately shall expire simultaneously on the expiration date specified on the receipt of borrowing and/the certificate of borrowing for the first installment. 5. In the event that the Lender accelerates the Loan under the circumstances set forth herein or in accordance with the instructions of the Entrustor, it shall be deemed that expiration date of the Tenor is accelerated accordingly.

Tenor of the Borrowing. 1. The tenor of the Borrowing hereunder shall be 12 months, starting on June 28August 29, 2012 2013 and ending on June 28August 29, 2013 2014 (the “Tenor”). 2. Where the Loan is to be disbursed in a lump-sum, the date of actual disbursement as recorded on the receipt of borrowing and/or certificate of borrowing shall be deemed as the disbursement date. Where the date of actual disbursement is later than the disbursement date so recorded, the Tenor shall be extended accordingly. 4. Where the Loan is to be utilized by installments, all the installments shall expire on the same day, or in other words, all the installments disbursed separately shall expire simultaneously on the expiration date specified on the receipt of borrowing and/the certificate of borrowing for the first installment. 5. In the event that the Lender accelerates the Loan under the circumstances set forth herein or in accordance with the instructions of the Entrustor, it shall be deemed that expiration date of the Tenor is accelerated accordingly.

Tenor of the Borrowing. 1. The tenor of the Borrowing hereunder shall be 12 months, starting on June 2829, 2012 2011 and ending on June 2829, 2013 2012 (the “Tenor”). 2. Where the Loan is to be disbursed in a lump-sum, the date of actual disbursement as recorded on the receipt of borrowing and/or certificate of borrowing shall be deemed as the disbursement date. Where the date of actual disbursement is later than the disbursement date so recorded, the Tenor shall be extended accordingly. 4. Where the Loan is to be utilized by installments, all the installments shall expire on the same day, or in other words, all the installments disbursed separately shall expire simultaneously on the expiration date specified on the receipt of borrowing and/the certificate of borrowing for the first installment. 5. In the event that the Lender accelerates the Loan under the circumstances set forth herein or in accordance with the instructions of the Entrustor, it shall be deemed that expiration date of the Tenor is accelerated accordingly.