Common use of Deduction Agreement Clause in Contracts

Deduction Agreement. 11.1 When the borrower authorizes the due loan principal, interest, default interest, compound interest or other expenses, the lender has the right to deduct the funds in any account opened by the borrower in all branches of Bank of communications for repayment.

Deduction Agreement. 11.1 When the borrower Borrower authorizes the due loan principal, interest, default penalty interest, compound interest or other expensesexpenses due and payable, the lender Lender has the right to deduct the funds in any account opened by the borrower Borrower in all branches Branches of Bank of communications Communications Co., Ltd. for repaymentsettlement.

Deduction Agreement. 11.1 11. 1 When the borrower authorizes the due loan principal, interest, default penalty interest, compound interest or other expensesexpenses due and payable, the lender has the right to deduct the funds in debit any account opened by the borrower in all branches of Bank of communications for repaymentCommunications Co., Ltd. Funds are used to pay off.