Independent payment definition
Examples of Independent payment in a sentence
Independent payment means that the Credit Applicant shall independently pay the transaction object of the Credit Applicant that meets the purposes agreed in this Agreement after the Credit Grantor distributes the credit funds to the account of Credit Applicant according to the withdrawal application of the Credit Applicant.
Independent payment of the Borrower means that the Lender distributes the loan funds to the Borrower’s account directly based on the Borrower’s withdrawal application, and the Borrower independently pays the loan funds to its counterparty that conforms to the purpose agreed herein.
Independent payment by the borrower means that after the lender pays the loan capital to the account of the borrower, the borrower independently makes payment to the trading counterparty of the borrower in line with the loan purpose agreed herein.
Independent payment means that Party B pays the loan proceeds independently to its transaction counterparties for the agreed purpose after Party A disburses the loan amount to Party B's account upon receipt of Party B's drawdown application.
Independent payment means that after Party A has issued the loan fund to Party B's account according to the withdrawal application of Party B, Party B will make independent payment to its counterparty satisfying the use as agreed in the agreement.
Independent payment is after Party A issues the loan funds to Party B’s account according to Party B’s application, Party B shall independently pay to Party B’s counterparty that meets Party A’s requirements of Party A.
Independent payment represents that the Borrower pay the trading partner by himself corresponding to the purpose of the loan hereunder after the Lender release the loan capital to the Borrower’s account according to the Borrower’s withdrawal application.
Independent payment means that after Party A originates the loan to the account of Party B, Party B pays the loan to the transaction party of Party B compliant with the uses specified herein.
Independent payment means that, after Party A disburses the loan funds to Party B's account according to Party B's application for withdrawal, and Party B will pay the same independently to its counterparties who meet the agreed purposes.
Independent payment means that Party B pays the loan proceeds independently to its transaction counterparties for the agreed purpose after Party A disburses the loan amount to Party B’s account upon receipt of Party B’s drawdown application.