Repayment Method. 3.7.1.1 The borrower shall deposit the loan principal and interest then due and payable into the repayment account designated by the lender one days prior to the repayment date and irrevocably authorize the lender to make collections from such account.
Appears in 5 contracts
Sources: Working Capital Loan Contract (Planet Image International LTD), Working Capital Loan Contract (Planet Image International LTD), Working Capital Loan Contract (Planet Image International LTD)
Repayment Method. 3.7.1.1 The borrower shall deposit the loan principal and interest then due and payable into the repayment account designated by the lender one three days prior to the repayment date and irrevocably authorize the lender to make collections from such account.
Appears in 5 contracts
Sources: Working Capital Loan Contract (Qilian International Holding Group LTD), Working Capital Loan Contract (Qilian International Holding Group LTD), Working Capital Loan Contract (Qilian International Holding Group LTD)
Repayment Method. 3.7.1.1 The borrower shall deposit the loan principal and interest then due and payable into the repayment account designated by the lender one days day prior to the repayment date and irrevocably authorize the lender to make collections from such account.
Appears in 2 contracts
Sources: Working Capital Loan Contract (China Eco-Materials Group Co. LTD), Working Capital Loan Contract (China Eco-Materials Group Co. LTD)