Application for Drawdown. If Party A plans to draw any amount under the Contract, it shall submit a application for drawdown to Party B in advance. In particular, the application for drawdown of an individual loan in an amount exceeding RMB10,000,000 shall be submitted five working days in advance. Party B shall decide whether to advance such loan to Party A within three working days after receiving Party A’s application for drawdown.
Appears in 2 contracts
Sources: Credit Facility Contract (Viasystems Group Inc), Credit Facility Contract (Viasystems Inc)