Use of Credit Line Sample Clauses

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”)
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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):
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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. 3.1 If the expiration date of the withdrawal period is a non-working day, the last working day before that date shall prevail. Within the withdrawal period, the maximum credit limit and the specific credit limit, the fiduciary may submit an application to Bank of Beijing, and upon approval, shall enter into a specific business contract within the withdrawal period and actually draw on it as agreed in the contract; upon the expiration of the withdrawal period, the unspent credit limit of the fiduciary shall be automatically cancelled.
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.
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