Use of Credit Line. During the credit period, party A can circulate to use the credit limit, but he should apply for it one after one. And party B should approve one by one. The two parties should sign packing loans agreement, import and export documentary credit agreement, ticket discount business contract, Bank acceptance agreement, imports of the issuing protocol, credit business contract (hereinafter referred to as “the specific contract”)
Use of Credit Line. 2.1 The signing of this Contract by Party A and Party B does not constitute Party A’s commitment to grant credit facility to Party B. With respect to specific credit facility under the line of credit, Party B shall apply to Party A in writing separately. Party A has the right to decide at its own discretion whether to grant any single credit facility to Party B. Where Party A agrees to grant any credit facility upon review, Party A and Party B will enter into a specific credit facility contract according to the nature of the credit facility.
Use of Credit Line. 1. Within the term of the credit line provided in Article 5 hereof, Party A may use the credit line on the basis described in sub-paragraph (1) below to an extent not exceeding the limit of each individual credit facility provided in the preceding article:
Use of Credit Line. I. During the valid period of credit line, Party A can apply for loans one by one as needed, and both parties shall go through corresponding procedures. The amount, interest rate, term and purpose of each loan shall be subject to the contents of the withdrawal notice of the credit line loan. China Construction Bank
Use of Credit Line. 2.1 The specific credit businesses applied by Party B and approved by Party A during the credit period are automatically included in this Agreement and accounted for under the credit line provided under this Agreement.
Use of Credit Line. 4.1 The credit line is the maximum amount of credit granted to the Applicant. The signing of this contract does not guarantee the actual extension of the maximum amount of credit to the Applicant. The Applicant shall fill out and submit the Credit Usage Application Form for each application, which is to be reviewed and approved by the Creditor
Use of Credit Line. 3.1 Type and scope of line The above credit line is (please xxxx “Ö“ in either of the following two options):
Use of Credit Line. 4.1 Neither this Agreement nor any agreement on the credit line in the individual credit documents under this Agreement indicates that the Grantor must actually grant credit to the Grantee in accordance with the agreed credit line, and the Grantor has the right to adjust the credit line according to the actual situation. The Grantee irrevocably agrees and confirms that: during the term of use of the credit line under the Agreement, the Grantee shall have the right to examine and approve whether to release the credit line on a case-by-case basis in accordance with the actual internal and external conditions (including but not limited to external regulatory requirements, internal credit policy of the Grantor, approval opinions, implementation of guarantee conditions or liquidity of funds of the Grantor and other factors).
Use of Credit Line. 4.1 Any agreement on the credit limit in this agreement and the individual credit approval documents under this agreement shall not indicate that the creditor must actually grant credit to the debtor in accordance with the agreed limit. The creditor has the right to adjust the credit limit based on the actual situation. The debtor irrevocably agrees and confirms that within the term of use of the credit limit of this agreement, for each application of the debtor, the creditor has the right to approve whether to grant credit on a case-by-case basis based on the actual internal and external situation (including but not limited to factors such as external regulatory requirements, the creditor’s internal credit policy, approval opinions, implementation of guarantee conditions, or the creditor’s capital liquidity).
4.2 As of the effective date of this Agreement, based on the previously valid “Credit Line Agreement” or similar agreements and their individual credit granting documents, the credit balance that the recipient has incurred with the creditor shall be consolidated and regarded as the credit granted under this Agreement, and occupy the credit limit under this Agreement. In cases stipulated in Article 4. 3 of this Agreement, the credit limit under this Agreement shall not be occupied.
4.3 Unless otherwise agreed by both parties, the credit amount corresponding to the guarantee provided by the trustee and the third party in the form of a guarantee deposit, certificate of deposit (to be opened with the creditor), structured deposit wealth management product or structured deposit product as pledge guarantee shall not be included in the credit limit under this agreement. However, this part of the credit is still subject to the constraints of this agreement, and the corresponding credit documents signed for it still belong to the individual credit documents under this agreement and constitute an integral part of this agreement.
4.4 In the event of multiple trustees jointly incurring debts under this agreement, any trustee may apply to the creditor for a single credit business under this agreement independently without notifying or obtaining the consent of other trustees. Any credit balance incurred by any trustee under this agreement shall be included in the total credit balance under this agreement, and all trustees shall bear joint and several liabilities for the above-mentioned total credit balance.
Use of Credit Line. 1. When Party A needs to use the credit line hereunder, it shall submit an application for each transaction to Party B. Party B is entitled to carry out a review by taking into consideration factors such as its own capital, operations of Party A and the financing purposes. Upon approval by Party B of the transaction, both parties shall enter into a specific business contract.
