Common use of Rights and Obligations of Both Parties Clause in Contracts

Rights and Obligations of Both Parties. 7.1 Borrower shall not use the proceeds of the Loan for any usage not stipulated in this Contract. 7.2 Borrower shall repay the Loan under this Contract and pay the interest hereunder in accordance with the date, amount, currency set forth in this Contract. 7.3 Lender has the right to retrieve the principal, receive interest (including compound, overdue and appropriated penalty interest) and the necessary expenses from the Borrower in accordance with this Contract. Lender has the right to exercise any other rights under the relevant laws and regulations or stipulated in this Contract.