Other Rights and Obligations. (1) The Entrusting Party shall transfer its funds consigned into the account of the Lender for entrustment loans on a timely basis. The Lender will not commence draw-down procedures until the funds of the Entrusting Party have been remitted into the account of the Lender for entrustment loans.
Appears in 4 contracts
Samples: Entrustment Loan Agreement (China Nepstar Chain Drugstore Ltd.), Entrustment Loan Agreement (China Nepstar Chain Drugstore Ltd.), Entrustment Loan Agreement (China Nepstar Chain Drugstore Ltd.)
Other Rights and Obligations. (1) . The Entrusting Party shall transfer its funds consigned into the account of the Lender for entrustment loans on a timely basis. The Lender will not commence draw-down procedures until the funds of the Entrusting Party have been remitted into the account of the Lender for entrustment loans.
Appears in 1 contract
Samples: Entrustment Loan Agreement (China Nepstar Chain Drugstore Ltd.)
