WITHDRAWALS AND PAYMENTS. The method of using working capital loans by Party B under the Agreement includes self-payment and entrusted payment. 9.1.1 Self payment The self-payment is that, after Party A releases the loan funds to Party B’s account according to the withdrawal application of Party B, Party B will independently pay Party B’s counterparty in accordance with the agreed use of the Agreement.
Appears in 2 contracts
Sources: Credit Agreement (ECMOHO LTD), Credit Agreement (ECMOHO LTD)