Withdrawal of Loan Sample Clauses

Withdrawal of Loan. 6.1 Party A shall satisfy the following conditions before the withdrawal: 6.1.1 Borrow has satisfied all necessary government approval, permit, license and other legal formalities and other formalities, and such approval, permit or registration remains effective. 6.1.2 All related documents required by party B . 6.1.3 Right of guarantee has been effectively set up, this Contract together with the corresponding guarantee contract (if any) have been signed and remain effective. 6.1.4 Party A does not breach this contract. 6.1.5 All declarations and guarantees shall be authentic, correct and effective before the withdrawal date; 6.1.6 No significant adverse change has happened to Borrower’s operation and financial status before the withdrawal date. 6.2 Party A shall make withdrawal in accordance with this contract, and sign the indebtedness certificate, which is an integral part of this contract. 6.3 if the Borrower fails to fulfill the drawing procedure , Party B has the right to cancel or release the loan . Party A shall submit all related documents when conditions are satisfied.
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Withdrawal of Loan. 5.1: Party A shall open a RMB settlement account in Party B or its branch within 5 days from the date the contract is concluded for the purpose of fulfilling the procedures of withdrawing the loan, paying off principal, interests and relevant fees. 5.2. Party A is entitled to withdraw the loan from the bank in accordance with this contract after the following requirements are satisfied: (1) Principal has deposited enough amount of money to the settlement account opened in Party B for the purpose of issuing the loan and receiving the repayment at least 3 bank working days before the agreed date of withdrawal. (2) Party A has opened a RMB settlement account in Party B. (3) Party B had received the written withdrawal notice issued by Party A; furthermore, the Principal has approved the withdrawal notice and has issued the irrevocable approval letter to Party B.
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Withdrawal of Loan. Article 6 Party shall withdraw the loan hereunder in an manner of: x A lump sum on February 6, 2006. ¨ In installments in the amount and on the time specified in Appendix A attached hereto.
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Withdrawal of Loan. Article 8 Unless the following prerequisites are satisfied, the Lender has no obligation to furnish the Borrower with the Loan herein: 8.1 When withdrawing the Loan, the Borrower shall fill in relevant loan certificates and furnish relevant documentation and information as required by the Lender; 8.2 In case the Loan herein is guaranteed, the Borrower shall go through all necessary legal processes as required by the Lender, such as the notarization and/or registration of such guaranteed agreement with competent authorities, and the guarantee shall continue to be effective; 8.3 There shall be no occurrence of the default events set out below. Article 9 The Borrower shall draw the Loan in the first manner set out below: 1. The Lender shall transfer, at one time, the full amount equal to the Loan to the Borrower’s account with the Lender as at June 17, 2008; 2. Installment transfer shall be withdrawn in the amount and at the time set out below:
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Withdrawal of Loan. If, prior to the Closing Date, either Buyer or Seller discovers the breach of any of the representations and warranties set forth in Article 3 of this Agreement as to the Loan or any other matter which in Seller's sole and absolute discretion merits the withdrawal of such Loan from this sale, the party making the discovery will promptly but in no event after the Closing Date give notice of such discovery to the other party, along with a description of the breach. Seller shall be allowed 90 days to cure the breach, and if it is impossible to cure such breach or Seller chooses not to cure or correct the breach, prior to the Closing Date, then this Agreement shall terminate and become null and void.
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Withdrawal of Loan. The withdrawal may be conducted provided that the Borrower satisfies the following conditions: (1) This Contract and its attachments have taken effect; (2) The Borrower has provided guarantee as required by the Lender, the guarantee contract has taken effect and has been approved, registered or filed. (3) The Borrower has left to the Lender the document, bill, stamp, list and signature sample in relation to this loan; (4) The Borrower has opened an account necessary hereto; (5) The Borrower has submitted written application 1-3 working days in advance.
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Withdrawal of Loan. Proceeds
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Related to Withdrawal of Loan

  • Withdrawal of Bid Any bidder who makes a bid but withdraws the same before the fall of the hammer, shall have his/her deposit equal to 10% of reserve price forfeited as agreed liquidated damages for payment to the Assignee/Bank. The Auctioneer reserves the right to put the property again for sale at the last undisputed bid, or otherwise to adjourn the auction to another date.

  • Withdrawal of Bids Bids may be withdrawn by bidders prior to the time set for official opening. After time has been called, no bid may be withdrawn for a period of thirty-five days after the time and date of opening except as provided in O.C.G.A Section 13-10-22 (appreciable error in calculation of bid). Negligence or error on the part of any bidder in preparing his bid confers no right of withdrawal or modification of his bid after time has been called except as provided by Georgia law.

  • Withdrawal of Members A member may withdraw from this LLC by giving written notice to all other members at least days before the date the withdrawal is to be effective.

  • Withdrawal Right Notwithstanding anything to the contrary contained in (and without limiting any similar provisions of) the Transaction Documents, whenever any Buyer exercises a right, election, demand or option under a Transaction Document and the Company or any Subsidiary does not timely perform its related obligations within the periods therein provided, then such Buyer may rescind or withdraw, in its sole discretion from time to time upon written notice to the Company or such Subsidiary (as the case may be), any relevant notice, demand or election in whole or in part without prejudice to its future actions and rights.

  • Withdrawal of Consent The Participant understands that the Participant is providing the consents herein on a purely voluntary basis. If the Participant does not consent, or if the Participant later seeks to revoke the Participant’s consent, the Participant’s employment status or service and career with the Employer will not be adversely affected; the only consequence of the Participant’s refusing or withdrawing the Participant’s consent is that the Company would not be able to grant RSUs or other equity awards to the Participant or administer or maintain such awards. Therefore, the Participant understands that refusing or withdrawing the Participant’s consent may affect the Participant’s ability to participate in the Plan. For more information on the consequences of Participant’s refusal to consent or withdrawal of consent, the Participant understands that the Participant may contact the Participant’s local human resources representative.

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