Common use of FINANCING REQUEST Clause in Contracts

FINANCING REQUEST. Specific to the Instruction related to financing request, including Clean Trust Receipt, Pre Export Financing, and Invoice Financing, the following terms and conditions apply, that hereby Customer represent and agree: a. Customer represent that underlying Trade transaction of this Trade Financing has been complied with the commercial terms and conditions which has been conducted between Customer with the counterparty. b. All statements and other information or document(s) provided and attached in connection with Instruction are true and accurate and undertake full responsibility for and accept all consequences of any inaccurate or untrue statement, information or document. Furthermore Customer shall make available to UOB Group Bank, all relevant information and/or documents as and when requested by UOB Group Bank or UOB Group Bank's representative no later than 5 (five) working days from the date of UOB Group Bank’s request. c. Customer hereby admitted indebted and unconditionally promise to pay to UOB Group Bank a sum of money amounting at the latest as per information as stipulated on Instruction and Customer agree to pay penalty for the delay payment (if any) which is charged as per applicable provisions in the Credit Agreement. d. All payments by Customer to UOB Group Bank must be free and clear and without any deduction, either imposed now or in the future, taxes, levies, duties, reduction, costs, or deductions, and all obligations with respect to those payments. e. Customer hereby authorize UOB Group Bank to debit our accounts opened and maintained in UOB Group Bank in any currency, whether to settle Customer’s liabilities owed to UOB Group Bank, including but not limited to principal amount, interest, penalty, and charges that may incurred, in the order deemed appropriate by the Bank. f. Customer have never asked and will never ask for funding either from the UOB Group Bank or other parties, related to the Goods mentioned above or its documentation.

FINANCING REQUEST. Specific to the Instruction related to financing request, including Clean Trust Receipt, Pre Export Financing, and Invoice Financing, the following terms and conditions apply, that hereby Customer represent and agree: a. Customer represent represents that there is no event of default as stipulated in the Credit Agreement occurred and that the underlying Trade trade transaction of this Trade Financing has been complied with the commercial terms and conditions which has been conducted between Customer with the counterparty, and have not been paid by and/or have never been asked for funding to and/or will never be asked for another funding to Customer, counterparty, UOB Group Bank, or other parties. b. All statements and other information or document(s) provided and attached in connection with Instruction are true and accurate and undertake full responsibility for and accept all consequences of any inaccurate or untrue statement, information or document. Furthermore Customer shall make available to UOB Group Bank, all relevant information and/or documents as and when requested by UOB Group Bank or UOB Group Bank's representative no later than 5 (five) working days from the date of UOB Group Bank’s request. c. Customer hereby admitted indebted and unconditionally promise to pay to UOB Group Bank a sum of money amounting at the latest on Maturity Date as per information as stipulated on Instruction processed by Bank and Customer agree to pay penalty for the delay payment (if any) which is charged as per applicable provisions in the Credit Agreement. d. All payments by Customer to UOB Group Bank must be free and clear and without any deduction, either imposed now or in the future, taxes, levies, duties, reduction, costs, or deductions, and all obligations with respect to those payments. e. Customer hereby authorize UOB Group Bank to debit our accounts opened and maintained in UOB Group Bank in any currency, whether to settle Customer’s liabilities owed to UOB Group Bank, including but not limited to principal amount, interest, penalty, and charges that may incurred, in the order deemed appropriate by the Bank. f. Customer have never asked and will never ask for funding either from the UOB Group Bank or other parties, related to the Goods mentioned above or its documentation.