Common use of Account supervision Clause in Contracts

Account supervision. 3.6.1 The borrower hereby designates the following account as its collection account: Account name: Gansu Qilianshan Pharmaceutical Co., Ltd. Account No: 27200101040012662 3.6.2 The lender has the right to take the following supervisory measures against the aforesaid collection account: (1) Require the borrower to provide the details about the receipt and expenditure of funds into and from the collection account. (2) Others;_______.

Appears in 2 contracts

Sources: Working Capital Loan Contract (Qilian International Holding Group LTD), Working Capital Loan Contract (Qilian International Holding Group LTD)