Common use of Repayment Method Clause in Contracts

Repayment Method. Party A shall deposit sufficient amount into the Account to collect sale processor other account at Party B before the repayment date provided hereunder and transfer such amount to repay the Loan (Party B may also debit such amount from such account to repay the Loan), or transfer such amount from another bank account of Party A to repay the Loan.

Appears in 12 contracts

Sources: Loan Agreement, RMB Loan Agreement (Applied Optoelectronics, Inc.), RMB Loan Agreement (Applied Optoelectronics, Inc.)

Repayment Method. Party A shall deposit sufficient amount into the Account to collect sale processor other its bank account at Party B before the repayment date provided hereunder and transfer such amount to repay the Loan loan (Party B may also debit such amount from such account to repay the Loanloan), or transfer such amount from another bank account of Party A to repay the Loanloan.

Appears in 2 contracts

Sources: Credit Facility Contract (Viasystems Group Inc), Credit Facility Contract (Viasystems Inc)