Common use of Scope of Business Clause in Contracts

Scope of Business. Party B to party A under this agreement to provide credit, in compliance with this agreement and related individual agreement under the premise of party a to party b for circulation, regulate or disposable, used for short-term loans, corporate account overdraws, bank acceptance bills of exchange, trade finance, bond, fund business and other credit business (generally referred to as the "individual credit business"). The trade financing business referred to in this agreement includes the opening of international L/C, the opening of domestic L/C, import bill advance, delivery guarantee, packing loan, export bill advance, export discount under the L/C, domestic L/C buyer's bill, domestic L/C seller's bill, domestic L/C negotiation and other international and domestic trade financing business. The Letter of Guarantee Business referred to in this Agreement includes issuing Letter of Guarantee, Standby Letter of Credit and other international and domestic Letter of Guarantee Business.

Appears in 1 contract

Samples: Credit Agreement (Planet Image International LTD)

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Scope of Business. Party B to party A under this agreement to provide credit, in compliance with this agreement and related individual agreement under the premise of party a to party b for circulation, regulate or disposable, used for short-term loans, corporate account overdraws, bank acceptance bills of exchange, trade finance, bond, fund business and other credit business (generally referred to as the "individual credit business"). The trade financing business referred to in this agreement includes the opening of international L/C, the opening of domestic L/C, import bill xxxx advance, delivery guarantee, packing loan, export bill xxxx advance, export discount under the L/C, domestic L/C buyer's bill’s xxxx, domestic L/C seller's bill’s xxxx, domestic L/C negotiation and other international and domestic trade financing business. The Letter of Guarantee Business referred to in this Agreement includes issuing Letter of Guarantee, Standby Letter of Credit and other international and domestic Letter of Guarantee Business.

Appears in 1 contract

Samples: Credit Agreement (Planet Image International LTD)

Scope of Business. Party B to party A under this agreement to provide credit, in compliance with this agreement and related individual agreement under the premise of party a to party b for circulation, regulate or disposable, used for short-term loans, corporate account overdraws, bank acceptance bills of exchange, trade finance, bond, fund business and other credit business (generally referred to as the "individual credit business"). The trade financing business referred to in this agreement includes the opening of international L/C, the opening of domestic L/C, import bill xxxx advance, delivery guarantee, packing loan, export bill xxxx advance, export discount under the L/C, domestic L/C buyer's billxxxx, domestic L/C seller's billxxxx, domestic L/C negotiation and other international and domestic trade financing business. The Letter of Guarantee Business referred to in this Agreement includes issuing Letter of Guarantee, Standby Letter of Credit and other international and domestic Letter of Guarantee Business.

Appears in 1 contract

Samples: Line of Credit Agreement (Planet Image International LTD)

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Scope of Business. Party B to party A under this agreement to provide credit, in compliance with this agreement and related individual agreement under the premise of party a to party b for circulation, regulate or disposable, used for short-term loans, corporate account overdraws, bank acceptance bills of exchange, trade finance, bond, fund business and other credit business (generally referred to as the "individual credit business"). The trade financing business referred to in this agreement includes the opening of international L/C, the opening of domestic L/C, import bill advance, delivery guarantee, packing loan, export bill advance, export discount under the L/C, domestic L/C buyer's ’s bill, domestic L/C seller's ’s bill, domestic L/C negotiation and other international and domestic trade financing business. The Letter of Guarantee Business referred to in this Agreement includes issuing Letter of Guarantee, Standby Letter of Credit and other international and domestic Letter of Guarantee Business.

Appears in 1 contract

Samples: Credit Agreement (Planet Image International LTD)

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