Common use of Entrusted payment Clause in Contracts

Entrusted payment. 3.4.3.1.1 In case one of the following circumstances exists, the borrower shall commission the lender to pay the loan to the counterparty of the borrower that is in line with this contract and agreed purpose in the business contract related to use of the loan:

Appears in 3 contracts

Samples: China Yuan Hong Fire Control Group Holdings LTD, China Yuan Hong Fire Control Group Holdings LTD, China Yuan Hong Fire Control Group Holdings LTD

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Entrusted payment. 3.4.3.1.1 In case one Under any of the following circumstances existscircumstances, the borrower shall commission entrust the lender to pay the loan funds in accordance with this Contract and corresponding to the used funds The counterparty of the borrower that is in line with this contract and agreed for the purpose specified in the business contract related to use of the loancontract:

Appears in 1 contract

Samples: Xuhang Holdings LTD

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