Common use of Loan Restructuring Clause in Contracts

Loan Restructuring. If Party A fails to repay the loan due on time, Party A shall submit a written application for loan restructuring to Party B at least one month before the maturity date of the current loan. If Party B agrees to Party A’s application, the Parties shall sign a loan restructuring agreement. If Party B disagrees with Party A’s application, Party A shall still repay the due loan in accordance with the provisions of this contract. Otherwise, Party B has the right to treat the loan as overdue.

Loan Restructuring. If Party A fails to repay the loan due on time, Party A it shall submit a written application for loan restructuring to Party B at least one month before the maturity date of the current loan. If Party B agrees to Party A’s 's application, the Parties both parties shall sign a loan restructuring agreement. If Party B disagrees with does not agree to Party A’s 's application, Party A shall still repay the loan due loan in accordance with the provisions of this contract. OtherwiseContract; otherwise, Party B has shall have the right to treat the loan as overdue.

Loan Restructuring. If Where Party A fails to repay the due loan due on timeschedule, Party A it shall submit file a written application for loan restructuring to Party B at least one month before the maturity date of the current loan. If Party B agrees to Party A’s application, the Parties both parties shall sign a loan restructuring agreement. If Party B disagrees with Party A’s applicationdisagrees, Party A shall still repay the due loan at the date as agreed in accordance with the provisions of this contract. OtherwiseContract, otherwise, Party B has shall have the right to treat regard the loan as overduean overdue loan.

Loan Restructuring. If In case Party A fails to repay the loan due on timeschedule, Party A it shall submit a written application for loan restructuring to Party B at least one month before the maturity date of the current loan. If , and upon Party B agrees to B’s approval of Party A’s application, the Parties both parties shall sign a loan restructuring agreement. If Where Party B disagrees with dissents from Party A’s application, Party A shall still repay the loan due loan in accordance with the provisions of this contract. Otherwiseas stipulated herein, otherwise, Party B has shall have the right to treat deal with the loan as overduean overdue loan.