Independent payment Sample Clauses

Independent payment. Independent payment means that Party B pays the loan proceeds independently to its transaction counterparties for the agreed purpose after Party A disburses the loan amount to Party B's account upon receipt of Party B's drawdown application.
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Independent payment. If it does not meet the conditions of entrusted payment by the lender, the method of independent payment by the borrower shall be adopted, and the borrower shall provide the loan funds to the lender within 3 days of the use of the loan funds Pay relevant transaction information, and summarize and report the payment of loan funds. The lender has the right to verify whether the loan payment meets the agreed purpose through account analysis, voucher inspection, on-site investigation, etc. 3 In the process of loan payment under this contract, if the borrower’s credit status drops, the profitability of its main business is not strong, and the use of loan funds is abnormal, the borrower shall negotiate with the lender to supplement the loan issuance and payment conditions, or the lender has the right to change the payment method and stop the issuance and payment of loan funds
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Independent payment. Except for the circumstances specified in Article 3.4.3.1.1, the borrower may independently pay the loan to the borrower’s account in accordance with the contract. The borrower shall inform the lender of the payment of the loan funds, and timely provide the use record of the loan funds and the business contract, invoices and other vouchers and other relevant materials corresponding to the loan funds according to the requirements of the lender. The lender can verify whether the loan payment conforms to the agreed purpose by means of account analysis, voucher inspection, on-site investigation, etc.
Sample 1
Independent payment. Except in situations as agreed in Article 3.4.3.1.1, after the loan is granted to the borrower’s account, the borrower may pay independently as agreed in the contract. The Borrower shall inform the lender the payment of the loan fund as required, and provide timely records of the use of the loan fund and corresponding business contracts, invoices and other documents and other relevant information of the loan as required by the lender. The lender can verify whether the loan payment is in compliance with the purpose through account analysis, certificate inspection, site survey and other ways.
Sample 1
Independent payment. If the lender-authorized payment doesn’t apply, the independent payment by the borrower will apply. The borrower, within 30 days of use of the loan funds, must provide necessary trading documents related to the loan funds payment and summarizes the payment of the loan. The lender shall have the right to conduct account analysis, verify the documents, and conduct on-site investigation and other necessary actions to find out if the loan fund payment conforms to the agreed purpose; 3. In the process of loan payment hereunder, if the credit status of the borrower deteriorates, its business profitability is not strong enough, and the use of loan funds is unusual, the borrower shall negotiate with the lender on setting up supplementary loan release and payment conditions, or the lender shall have the right to change the payment method and stop the release and payment of loan funds.
Sample 1
Independent payment. Independent payment is after Party A issues the loan funds to Party B’s account according to Party B’s application, Party B shall independently pay to Party B’s counterparty that meets Party A’s requirements of Party A.
Sample 1
Independent payment. Excluding conditions as agreed in provisions 3.4.3.1.1
Sample 1
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Independent payment. After Party A submits the withdrawal application and relevant transaction procedures and other materials, it shall issue the loan funds to Party A’s loan issuance account stipulated herein after examination and approval by Party B, and Party A shall independently pay the loan to the counterparty for the purposes agreed herein.
Sample 1

Related to Independent payment

  • Independent Consideration Contemporaneously with the execution and delivery of this Agreement, Buyer has paid to Seller as further consideration for this Agreement, in cash, the sum of One Hundred Dollars ($100.00) (the “Independent Consideration”), in addition to the Deposit and the Purchase Price and independent of any other consideration provided hereunder, which Independent Consideration is fully earned by Seller and is non-refundable under any circumstances.

  • Determination by Independent Accountant The Independent Accountant shall make a determination as soon as practicable within thirty (30) days (or such other time as the parties hereto shall agree in writing) after their engagement, and their resolution of the Disputed Amounts and their adjustments to the Closing Working Capital Statement and/or the Post-Closing Adjustment shall be conclusive and binding upon the parties hereto.

  • Independent Audit In the event Transfer Agent determines, based on a review of complaints received in accordance with paragraph 18, above, that Insurance Company is not processing Contractholder transactions accurately, Transfer Agent reserves the right to require that Insurance Company’s data processing activities as they relate to this Agreement be subject to an audit by an independent accounting firm to ensure the existence of, and adherence to, proper operational controls. Insurance Company shall make available upon Transfer Agent’s request a copy of any report by such accounting firm as it relates to said audit. Insurance Company shall immediately notify Transfer Agent in the event of a material breach of operational controls.

  • Independent Contract Consideration Upon the Effective Date, Purchaser shall deliver to Seller a check in the amount of Fifty Dollars ($50) (the “Independent Contract Consideration”), which amount Seller and Purchaser hereby acknowledge and agree has been bargained for and agreed to as consideration for Seller’s execution and delivery of this Agreement. The Independent Contract Consideration is in addition to and independent of any other consideration or payment provided for in this Agreement, and is nonrefundable in all events.

  • Independent Accountant Xxxxxxxx LLP (the “Accountant”), which has expressed its opinions with respect to the audited financial statements (which term as used in this Agreement includes the related notes thereto) of the Company filed with the Commission as a part of the Registration Statement and included in the Disclosure Package and the Prospectus, is an independent registered public accounting firm as required by the Securities Act and the Exchange Act.

  • Independent Auditor The Company’s independent auditor, if any, shall be an independent public accounting firm selected by the Member, which may also be the Member’s independent auditor.

  • Independent Review Each of the parties hereto has reviewed this Release with its own counsel and advisors.

  • Independent Appraiser A Person with no material current or prior business or personal relationship with the Advisor or the Directors and who is a qualified appraiser of Real Property of the type held by the Company or of other Assets as determined by the Board. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification as to Real Property.

  • Determination by Independent Accountants The Independent Accountants shall make a determination as soon as practicable within 30 days (or such other time as the parties hereto shall agree in writing) after their engagement, and their resolution of the Disputed Amounts and their adjustments to the Closing Working Capital Statement and/or the Post-Closing Adjustment shall be conclusive and binding upon the parties hereto.

  • Independent Auditors The Company shall, until at least the Termination Date, maintain as its independent auditors an accounting firm authorized to practice before the SEC.

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