Default and Remedy. 10.1 Events of Default by Party B and Liabilities (1) If Party B does not advance the Loan as provided herein without justifiable reason, Party A may request Party B to advance the Loan in accordance with the Contract. (2) If Party B charges any interest or fee which is prohibited by the laws or regulations, Party A may request Party B to refund the interest or fee charged.
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Sources: Loan Agreement, RMB Loan Agreement (Applied Optoelectronics, Inc.), RMB Loan Agreement (Applied Optoelectronics, Inc.)
Default and Remedy. 10.1 Events Event of Default by Party B and Liabilities
(1) If Party B does not advance the Loan any loan as provided herein without justifiable reason, Party A may request Party B to advance the Loan such loan in accordance with the Contract.
(2) If Party B charges any interest or fee which is prohibited by the laws or regulations, Party A may request Party B to refund the such interest or fee charged.
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