Comprehensive Credit Granting definition

Comprehensive Credit Granting means the qualification or right of party B to, based on the comprehensive evaluation of party A’s credit and security provided, grant party A the right of applying for loan, note discount, corporation overdraft, or opening of bank acceptance bills, letter of guarantee, letter of credit or other operations within certain term and certain credit line.
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Examples of Comprehensive Credit Granting in a sentence

  • Any outstanding matters under Comprehensive Credit Granting Contract 2014 SYHZZ No. 0001 shall be brought to the management of credit line under this contract.

  • This Agreement is a supplementary agreement to the Comprehensive Credit Granting Contract and shall have the same equal legal force as the Comprehensive Credit Granting Contract.

  • Therefore, sub-clause 3.3 of the Comprehensive Credit Granting Contract is cancelled.

  • Party A and Party B hereby confirm that the term “credit balance” specified in Article 1 of the Comprehensive Credit Granting Contract means the sum of balances of principles of outstanding debts produced from Party A’s application for use of a comprehensive credit line under this Contract.

  • The mortgaged goods have been delivered to the supervisor designated by your company for occupation, keeping, supervision and management as the mortgage guaranty of the debts under No. 007 Comprehensive Credit Granting Contract of Legal Person of Qilu Bank (L.S.D.L.F.S.Z.) in 2011.

  • In case of discrepancy between the Supplementary Agreement and Article 1 of the Comprehensive Credit Granting Contract, this Agreement shall prevail.