Common use of Bank Loans Clause in Contracts

Bank Loans. If the Company requires funds in addition to Party B's ------------ initial capital contribution under article 5.2, the parties shall use their best efforts to obtain all such funds from Chinese or foreign banks. The Company shall grant such security over its assets as the lender may require.

Appears in 2 contracts

Samples: Pan Asia Mining Corp, Pan Asia Mining Corp

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Bank Loans. If the Company requires funds in addition to Party B's ------------ initial ----------- capital contribution under article 5.2S.2, the parties shall use their best efforts to obtain all such funds from Chinese or foreign banks. The Company shall grant such security over its assets as the lender may require.

Appears in 2 contracts

Samples: Pan Asia Mining Corp, Pan Asia Mining Corp

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