For lender. trust payments, the borrower must provide relevant business contracts and payment authorization materials related to the loan purpose as required by the lender. The lender will fulfill its disbursement obligation only after a surface review and approval; otherwise, the lender has the right to refuse disbursement. For borrower-autonomous payments, the borrower must report loan fund payment status every three months as required by the lender, providing records and materials in accordance with lender requirements; otherwise, the lender has the right to exercise any rights stipulated in Article 3.3 of this contract.
Appears in 2 contracts
Sources: Maximum Loan Agreement (MaxsMaking Inc.), Maximum Loan Agreement (MaxsMaking Inc.)