Liability for Default. 4.1 If Borrower conducts any material breach of any term of this Agreement, Lender shall have right to terminate this Agreement and require the Borrower to compensate all damages; this Section 4.1 shall not prejudice any other rights of Lender herein. 4.2 Borrower shall not terminate this Agreement in any event unless otherwise required by applicable laws. 4.3 In the event that Borrower fails to perform the repayment obligations set forth in this Agreement, Borrower shall pay overdue interest of 0.01% per day for the outstanding payment, until the day Borrower repays the full principal of the Loan, overdue interests and other payable amounts.
Appears in 37 contracts
Sources: Loan Agreement (9F Inc.), Loan Agreement (Yiren Digital Ltd.), Loan Agreement (Yiren Digital Ltd.)
Liability for Default. 4.1 If the Borrower conducts any material breach of any term of this Agreement, the Lender shall have the right to terminate this Agreement and require the Borrower to compensate all damages; this Section 4.1 shall not prejudice any other rights of the Lender herein.
4.2 The Borrower shall not terminate this Agreement in any event unless otherwise required by the applicable laws.
4.3 In the event that the Borrower fails to perform the repayment obligations set forth in this Agreement, the Borrower shall pay an overdue interest of 0.01% per day for the outstanding payment, until the day the Borrower repays the full principal of the Loan, overdue interests and other payable amounts.
Appears in 8 contracts
Sources: Loan Agreement (Vipshop Holdings LTD), Loan Agreement (Vipshop Holdings LTD), Loan Agreement (Uxin LTD)
Liability for Default. 4.1 If Borrower conducts any material breach of any term of this Agreement, Lender shall have right to terminate this Agreement and require the Borrower to compensate all damages; this Section 4.1 shall not prejudice any other rights of Lender herein.
4.2 Borrower shall not terminate this Agreement in any event unless otherwise required by applicable laws.
4.3 In the event that Borrower ▇▇▇▇▇▇▇▇ fails to perform the repayment obligations set forth in this Agreement, Borrower shall pay overdue interest of 0.01% per day for the outstanding payment, until the day Borrower repays the full principal of the Loan, overdue interests and other payable amounts.
Appears in 2 contracts
Sources: Loan Agreement (Yiren Digital Ltd.), Loan Agreement (9F Inc.)
Liability for Default.
4.1 If Borrower conducts any material breach of any term of this Agreement, Lender shall have right to terminate this Agreement and require the Borrower to compensate all damages; this Section 4.1 shall not prejudice any other rights of Lender herein.
4.2 Borrower shall not terminate this Agreement in any event unless otherwise required by applicable laws..
4.3 In the event that Borrower fails to perform the repayment obligations set forth in this Agreement, Borrower shall pay overdue interest of 0.01% per day for the outstanding payment, until the day Borrower repays the full principal of the Loan, overdue interests and other payable amounts.
Appears in 1 contract
Sources: Loan Agreement (9F Inc.)
Liability for Default. 4.1 If Borrower conducts any material breach of any term of this Agreement, Lender shall have right to terminate this Agreement and require the Borrower to compensate all damages; this Section 4.1 shall not prejudice any other rights of Lender herein.
4.2 4.1 Borrower shall not terminate this Agreement in any event unless otherwise required by applicable laws.
4.3 4.2 In the event that Borrower fails to perform the repayment obligations set forth in this Agreement, Borrower shall pay overdue interest of 0.01% per day for the outstanding payment, until the day Borrower repays the full principal of the Loan, overdue interests and other payable amounts.
Appears in 1 contract
Sources: Loan Agreement (Yirendai Ltd.)
Liability for Default.
4.1 If Borrower conducts any material breach of any term of this Agreement, Lender shall have right to terminate this Agreement and require the Borrower to compensate all damages; this Section 4.1 shall not prejudice any other rights of Lender herein..
4.2 Borrower shall not terminate this Agreement in any event unless otherwise required by applicable laws..
4.3 In the event that Borrower ▇▇▇▇▇▇▇▇ fails to perform the repayment obligations set forth in this Agreement, Borrower shall pay overdue interest of 0.01% per day for the outstanding payment, until the day Borrower repays the full principal of the Loan, overdue interests and other payable amounts.
Appears in 1 contract
Sources: Loan Agreement (Yiren Digital Ltd.)
Liability for Default.
4.1 If Borrower conducts any material breach of any term of this Agreement, Lender shall have right to terminate this Agreement and require the Borrower to compensate all damages; this Section 4.1 shall not prejudice any other rights of Lender herein.
4.2 Borrower shall not terminate this Agreement in any event unless otherwise required by applicable laws..
4.3 In the event that Borrower ▇▇▇▇▇▇▇▇ fails to perform the repayment obligations set forth in this Agreement, Borrower shall pay overdue interest of 0.01% per day for the outstanding payment, until the day Borrower repays the full principal of the Loan, overdue interests and other payable amounts.
Appears in 1 contract
Sources: Loan Agreement (Yiren Digital Ltd.)