Common use of Supplementary Article Clause in Contracts

Supplementary Article. The Borrower and the Loaner have agreed through consultation that the account that the Borrower shall open at the Loaner after the Loaner has extended the loan to the Borrower shall carry a deposit not less than the interest of the Loan for the current period for the payment of the interest.

Appears in 2 contracts

Sources: Short Term Loan Agreement (Pemstar Inc), Short Term Loan Agreement (Pemstar Inc)