Common use of LOAN DRAWDOWN Clause in Contracts

LOAN DRAWDOWN. The Lender shall deposit the Total Principal to a designated Company bank account, for the sole purpose of increasing the registered capital of the Company before December 31, 2021.

Appears in 2 contracts

Sources: Loan Agreement (Ezagoo LTD), Loan Agreement (Ezagoo LTD)

LOAN DRAWDOWN. The Lender shall deposit the Total Principal to a designated Company bank account, for the sole purpose of increasing the registered capital of the Company before December 31, 20212018.

Appears in 2 contracts

Sources: Loan Agreement (Ezagoo LTD), Loan Agreement (Ezagoo LTD)

LOAN DRAWDOWN. The Lender shall deposit the Total Principal to a designated Company bank account, for the sole purpose of increasing the registered capital of the Company before December 31June 16, 20212016.

Appears in 1 contract

Sources: Loan Agreement (Greenpro Capital Corp.)

LOAN DRAWDOWN. The Lender shall deposit the Total Principal to a designated Company bank account, for the sole purpose of increasing the registered capital of the Company before December 31, 20212019.

Appears in 1 contract

Sources: Loan Agreement (Yichunfeng (China) Biohealth LTD)