Common use of Other Rights and Obligations Clause in Contracts

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.)

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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.)

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