Withdrawal of the Loan Sample Clauses

Withdrawal of the Loan. The Borrower shall withdraw the loan according to the 2nd method as below: (1) at the branch designated by the Lender; (2) through the internet banking system.
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Withdrawal of the Loan. 4.1 The withdrawal amount 4.2 Withdrawal through money market loans
Withdrawal of the Loan. The Borrower shall withdraw the loan according to the actual demand. The first trench of the loan shall be withdrew before August 9, 2010, and the last trench shall be withdrew before August 9, 2010, otherwise the Lender has right to cancel the part or the entire loan hereunder.
Withdrawal of the Loan. 1. Prior to the first withdrawal of the loan, the Borrower must satisfy the following conditions: (1) The Borrower has submitted the loan withdrawal application, loan IOU and other relevant documents at the time and in the manner specified herein; (2) This contract and the corresponding guarantee contract(s) have been executed and remain in effect, and the guarantee has been duly established; (3) The Borrower has provided valid business license, company charter and most recent financial reports; (4) The Borrower has provided the resolutions from its board or shareholder general meetings regarding the loan; (5) The Borrower has set up bank accounts with the Lender at the Lender’s request; (6) The Borrower has performed the obligations specified herein and there are no events of breach or violation listed herein. (7) The Borrower has submitted other documents and satisfied other conditions as requested by the Lender from time to time. 2. After the first withdrawal, the Borrower must satisfy the following conditions: (1) The Borrower has submitted the loan withdrawal application, loan IOU and other relevant documents at the time and in the manner specified herein; (2) The Borrower has performed the obligations specified herein and there are no events of breach or violation listed herein. (3) The Borrower has submitted other documents and satisfied other conditions as requested by the Lender from time to time.
Withdrawal of the Loan. (1) The Borrower must withdraw the loan at one time or in installments according to the withdrawal schedule and submit the loan withdrawal application 3 bank business days prior to the withdrawal date to the Lender. (2) If the Borrower needs to change the loan withdrawal date, the Borrower must obtain approval from the Lender 3 bank business days prior to the withdrawal date and be responsible for any interest loss suffered by the Lender. (3) If the Borrower desires to cancel in part or in full the amount of the loan that has not been withdrawn, the Borrower must submit an application to the Lender 3 bank business days prior to the withdrawal date or to the expiry date of the withdrawal period and obtain the Lender’s approval. (4) If, on the pre-determined withdrawal date or during the withdrawal period, the Borrower fails to process withdrawal procedures or to submit an application for postponement of the withdrawal, the Lender may notify the Borrower and request that Borrower completes such procedures within 3 bank business days; otherwise, the Lender has the right to cancel the loan not withdrawn. (5) The provisions above notwithstanding, as long as the loan has not be released, the Lender has the right to decline the Borrower’s application at any time and cancel in part or in full the loan hereunder.

Related to Withdrawal of the Loan

  • Withdrawal of Loan Proceeds Except as ADB may otherwise agree, the following provisions of this Schedule shall apply to the withdrawal of Loan proceeds from the Loan Account.

  • 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 Deposits If any Deposits remain outstanding on the Business Day next succeeding the Cut-off Date, the Trustee shall promptly give the Escrow Agent notice that the Trustee’s obligation to purchase Equipment Notes under the NPA has terminated and instruct the Escrow Agent to provide a notice of Final Withdrawal to the Depositary substantially in the form of Exhibit B to the Deposit Agreement (the “Final Withdrawal Notice”).

  • 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 Fund's Assets If the Delegate determines that an arrangement with a specific Eligible Foreign Custodian selected by the Delegate under Section 3 of this Delegation Schedule no longer meets the requirements of said Section, Delegate shall withdraw the Fund's Assets from the non-complying arrangement as soon as reasonably practicable; provided, however, that if in the reasonable judgment of the Delegate, such withdrawal would require liquidation of any of the Fund's Assets or would materially impair the liquidity, value or other investment characteristics of the Fund's Assets, it shall be the duty of the Delegate to provide information regarding the particular circumstances and to act only in accordance with Instructions of the Fund or its Investment Advisor with respect to such liquidation or other withdrawal.

  • Withdrawal of a Member For purposes of this Agreement, a “Withdrawn Member” is a member who is bankrupt, has resigned, or has retired (a “Withdrawal Event”). Upon a Withdrawal Event, the Withdrawn Member or any successor in interest to the Withdrawn Member shall become an Assignee of the Withdrawn Member’s Membership Interest in the Company.

  • 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.

  • Modification and Withdrawal of Bids 22.1 Bidders may modify or withdraw their bids by giving notice in writing before the deadline prescribed in Clause 20. 22.2 Each Bidder’s modification or withdrawal notice shall be prepared, sealed, marked, and delivered in accordance with Clause 18 & 19, with the outer and inner envelopes additionally marked “MODIFICATION” or “WITHDRAWAL”, as appropriate. 22.3 No bid may be modified after the deadline for submission of Bids. 22.4 Withdrawal or modification of a Bid between the deadline for submission of bids and the expiration of the original period of bid validity specified in Clause 15.1 above or as extended pursuant to Clause 15.2 may result in the forfeiture of the Bid security pursuant to Clause 16. 22.5 Bidders may offer discounts to, or modify the prices of their Bids only by submitting Bid modifications in accordance with this clause, or included in the original Bid submission.

  • Withdrawal of Services 50.1 Notwithstanding anything contained in this Agreement, except as otherwise required by Applicable Law, Verizon may terminate its offering and/or provision of any Service under this Agreement upon thirty (30) days prior written notice to CBB. 50.2 Notwithstanding anything contained in this Agreement, except as otherwise required by Applicable Law, Verizon may with thirty (30) days prior written notice to CBB terminate any provision of this Agreement that provides for the payment by Verizon to CBB of compensation related to traffic, including, but not limited to, Reciprocal Compensation and other types of compensation for termination of traffic delivered by Verizon to CBB. Following such termination, except as otherwise agreed in writing by the Parties, Verizon shall be obligated to provide compensation to CBB related to traffic only to the extent required by Applicable Law. If Verizon exercises its right of termination under this Section, the Parties shall negotiate in good faith appropriate substitute provisions for compensation related to traffic; provided, however, that except as otherwise voluntarily agreed by Verizon in writing in its sole discretion, Verizon shall be obligated to provide compensation to CBB related to traffic only to the extent required by Applicable Law. If within thirty (30) days after Verizon’s notice of termination the Parties are unable to agree in writing upon mutually acceptable substitute provisions for compensation related to traffic, either Party may submit their disagreement to dispute resolution in accordance with Section 14 of this Agreement.

  • Withdrawal of Grievance A grievance may be withdrawn at any level without establishing a precedent.

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