Common use of Upon Party Clause in Contracts

Upon Party. A’s approval of a specific credit business, the specific business documents signed by the Parties for such business (including but not limited to individual agreements/applications, framework agreements or specific business contracts) shall constitute an integral part of this Credit Agreement. The specific amount, interest rate, term, purpose, costs and other elements of each loan or other credit business shall be determined pursuant to the specific business documents, business vouchers confirmed by Party A (including but not limited to loan notes, etc.) and records in Party A’s system. Where Party B requests a working capital loan within the credit line, there is no need for the Parties to sign a separate loan contract. Party B shall submit a withdrawal application on a case-by-case basis, and Party A shall approve such application on a case-by-case basis.

Upon Party. A’s approval of a specific credit business, the specific business documents signed by the Parties Party A and Party B for such business (including but not limited to individual agreements/applications, framework agreements or specific business contracts) shall constitute an integral part of this Credit Facilities Agreement. The specific amount, interest rate, term, purpose, costs and other elements of each loan or other credit business shall be determined pursuant subject to the specific business documents, business vouchers confirmed by Party A (including but not limited to loan notes, etc.) and records in Party A’s system. Where Party B requests a working capital loan within the credit line, there is no need for the Parties to sign a separate loan contract. Party B shall submit a withdrawal application on a case-by-case basis, and Party A shall approve such application on a case-by-case basis.