Withdrawal Conditions. Notwithstanding the provisions of Section 3.01 of this Agreement, no withdrawal shall be made for payments made prior to the date of countersignature of this Agreement by the Recipient.
Withdrawal Conditions. The borrower shall meet the following conditions for withdrawal:
1. This Contract and its attachments have come into force;
2. The Borrower has provided the guarantee as required by the lender, and the guarantee contract has taken effect and completed the legal approval, registration or filing procedures;
3. The Borrower has reserved for the Lender the Borrower’s documents, receipts, seals, names of persons and signature samples related to the conclusion and performance of this Contract, and has filled in the relevant vouchers;
4. The Borrower has opened an account necessary for the performance of this Contract as required by the Lender;
5. Submit the written withdrawal application and relevant documents proving the purpose of the loan to the lender and handle the relevant withdrawal procedures on the bank 2 working days before the withdrawal
6. þ The Borrower has submitted to the Lender the resolution and letter of authorization for the Board of Directors or other competent departments to sign and perform this contract;(Note: This clause is optional. Please check whether the borrower has obtained relevant approval and authorization before signing the contract.)
7. Other withdrawal conditions stipulated by law and agreed by both parties If the above conditions are not met, the Lender shall have the right to reject the Borrower’s withdrawal application, except where the Lender agrees to make the loan.
Withdrawal Conditions. Notwithstanding the provisions of Section 3.01 of this Agreement, no withdrawal shall be made for payments made prior to the date of countersignature of this Agreement by the Recipient, except that withdrawals up to an aggregate amount not to exceed $200,000 equivalent may be made for payments made prior to this date but on or after July 1, 2010, for Eligible Expenditures.
Withdrawal Conditions. All employees promoted to positions outside of this bargaining unit shall secure a withdrawal card from the Union upon satisfactory completion of the appropriate probationary period. Dues check off for this bargaining unit employee shall cease upon satisfactory completion of such probationary period. All employees on a non-paid status must secure a withdrawal card in order to avoid any back dues liability.
Withdrawal Conditions. A Member may not withdraw from the SBWMA unless and until that Member achieves the following:
a. The liquidation in full of its proportion of any and all existing debts, obligations, and liabilities incurred, earned, or expected to be earned by the date of withdrawal, including but not limited to the Revenue Bonds, as determined by the Board.
b. The provision to the SBWMA of a written notice of intent to withdraw from the SBWMA at least six (6) months prior to the end of the current Rate Year, specifying the date on which the Member intends to withdraw.
c. The approval of such withdrawal by a 4/5 affirmative vote of Equity Members.
Withdrawal Conditions. 1. The Borrower must meet the following conditions for withdrawal, otherwise the Lender shall have no obligation to disburse any loan to the Borrower, unless the Lender agrees to disburse the loan in advance:
(1) The Contract and its appendixes have become effective;
(2) The Borrower has reserved to the Lender the Borrower's documents, receipts, seals, lists of persons and specimen signatures in relation to the execution and performance of this Contract and filled in the relevant vouchers;
(3) The Borrower has, according to the Lender's requirements, opened an account necessary for the performance of this Contract;
(4) The Borrower, within 3 banking days prior to the withdrawal, has submitted to the Lender the written withdrawal notice and the relevant supporting documents for loan purpose which is consistent with the purpose as agreed herein, and has completed the relevant withdrawal procedures;
(5) The Borrower has submitted to the Lender the resolution and letter of authorization of the board of directors or other competent authorities, which agree to the execution and performance of this Contract;
(6) In accordance with relevant regulatory provisions and management requirements of the Lender, if the loan exceeds a certain amount or meets other conditions, the Lender shall, according to the Borrower's withdrawal application and payment authorization, pay the loan to the payment object conforming to the purpose agreed herein in a manner of authorized payment by the Lender;
(7) In addition to the credit loan, the Borrower has provided the corresponding guarantee as required by the Lender and has completed the relevant guarantee procedures, and the guarantee is legal and valid;
(8) The Borrower has not breached this Contract or any other contracts executed by and between the Borrower and the Lender;
2. In the event that the Borrower fails to make any withdrawal for 3 consecutive months from the contract execution date, the Lender shall be entitled to cancel the borrowing limit.
Withdrawal Conditions. For the withdrawal under this contract, the borrower must meet the following conditions: 1 The borrower has not violated its obligations and responsibilities under this contract; 2. There is no adverse change in the financial condition of the borrower that may endanger, delay or prevent it from performing its obligations and responsibilities under the contract; 3. There is no breach of contract under the contract; 4. The guarantee is continuously effective, and there is no adverse change to the lender in the guarantor’s guarantee ability and the guarantee ability or value of the property; 5. The borrower has opened relevant accounts as required by the lender; 6. Other conditions required by the lender The borrower understands and accepts the lender’s suspension of the borrower’s withdrawal request due to the influence of national policies, macro-control and regulatory requirements.
Withdrawal Conditions. 6.1 When Party A withdraws money, it must meet the following preconditions:
6.1.1 Party A has completed the administrative license, approval, registration and other legal procedures related to the loan under this contract in accordance with relevant laws, regulations and rules;
6.1.2 Party A has submitted relevant documents that meet the requirements of Party B;
6.1.3 The guarantee under this contract has gone through all the formalities agreed by both parties and is effective/the mortgage right has been established/the pledge right has been established;
6.1.4 Party A does not have any breach of the Contract;
6.1.5 By the time of withdrawal, the statements and guarantees made by Party A in this contract are still true, accurate and effective;
6.1.6 By the time of withdrawal, the operating status and financial status of Party A are basically the same as those at the time of signing this contract, without any significant adverse changes.
6.2 After meeting the above conditions, Party A shall go through the withdrawal formalities at Party B according to the agreement in this contract, and sign the loan voucher with Party B. The loan voucher is an integral part of this contract and has the same effect as this contract.
6.3 When Party A fails to meet the withdrawal conditions, lending does not constitute a performance defect of Party B, nor does it mean that Party B gives up asking Party A to meet the above withdrawal conditions. Party A shall immediately submit relevant materials to Party B when the withdrawal conditions are met.
6.4 Even if Party A meets the withdrawal conditions, under any circumstances, Party B has the right to terminate or suspend all or part of the withdrawal at any time without prior notice to Party A. At this time, it will not constitute a breach of contract by Party B.
Withdrawal Conditions. When withdrawing any loan hereunder, the Borrower shall meet the following conditions, and for each withdrawal the Borrower shall submit a withdrawal application to the Lender at least three working days in advance according to the Lender’s requirements. Otherwise, the Lender shall have the right to reject the Borrower’s withdrawal. However, if the Lender issues a loan without all of the following conditions being met, it does not constitute a breach of contract:
(1) The Contract has come into force, the guarantee contract (if any) under the Contract is legally established and has come into force, and the relevant legal formalities such as registration, delivery, insurance (if any) have been completed and remain in force;
(2) No breach of any agreement of the Contract, or the remedial measures for breach of contract have been approved by the Creditor although default occurs or in the opinion of the Creditor that the effects of the default have been eliminated;
(3) The Borrower has provided relevant materials as required by the Lender for handling the loan;
(4) Any representations and warranties made by the Borrower in this Contract are true, accurate and continue to be valid;
(5) There are no significant adverse changes in the financial status, asset status and credit status of the Borrower;
(6) The withdrawal conditions (if any) agreed in the “Special Agreement” clause of the “Contract Element Clauses” of the Contract have been met;
(7) For the loan to be issued by the self-payment method, the fund use statement and relevant materials of the previous loan issued by the self-payment method shall be provided;
(8) Laws, regulations and rules or competent authorities shall not prohibit or restrict the Lender from issuing the loan hereunder.
Withdrawal Conditions. Unless waived by the lender in whole or in part, the borrower must meet the following conditions before each withdrawal; otherwise, the lender has the right to refuse the withdrawal request:
2.6.1 The borrower’s entity is legally valid and continues to comply with its commitments under this contract;
2.6.2 This contract is effective, and the guarantee contracts under this contract are legally established and effective;
2.6.3 All obligations under this contract have been fully performed, with no occurrence of any default events;
2.6.4 All other relevant materials required by the lender for loan processing have been provided.
