Trusted Payment Clause Samples
Trusted Payment. 3.4.3.1 In case of one of the following circumstances, the borrower can commission the lender to pay the loan fund to the counter party of the borrower in accordance with the contract and the agreed purpose in corresponding business contract of the loan fund:
(1) The object of payment is clear and the single drawing amount shall be more than ten million Yuan (including equivalent foreign currency);
(2) Other circumstances agreed by the parties: __________________________________________
Trusted Payment. The entrusted payment is based on Party B's withdrawal application and payment commission, and the loan funds are paid to Party B's counterparty through the Party B account.
