Common use of Withdrawal Conditions Clause in Contracts

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.

Withdrawal Conditions. Unless waived by the lender in whole or in partpart by the Lender, the borrower must Borrower shall meet the following conditions before each withdrawal; otherwise, otherwise the lender Lender has the right to refuse reject the Borrower’s withdrawal requestapplication: 2.6.1 1.8.1 The borrower’s entity is legally Borrower principal shall continue to be legal and valid and continues shall continue to comply with its commitments under this contract;hereunder； 2.6.2 1.8.2 This contract is effective, Agreement has come into force and the guarantee contracts under this contract are Security Agreement hereunder is legally established and effective;； 2.6.3 All 1.8.3 Has fully performed its obligations under this hereunder without any breach of contract as agreed herein； 1.8.4 Other relevant materials for loan application have been fully performed, with no occurrence of any default events; 2.6.4 All other relevant materials provided as required by the lender for loan processing have been providedlender.