Common use of Loan Amount Clause in Contracts

Loan Amount. Party B has wired RMB 4,990,000 and RMB 10,000, free of interests, totally RMB 5,000,000 to Party C on March 21, 2016 and March 25, 2016, respectively. The payments to Party C were wired to Party C’s bank account as designated below: Account Name: Yantai Jinzheng Eco-Technology Co., Ltd. Bank: Yantai Free Trade Port District Branch, Bank of China Party C’s offshore parent company, Party D shall convert Party B’s loans and issue shares to Party B in accordance with the terms of this Agreement. Through the process of share issuance, Party A and Party D shall assist Party B with relevant registrations unconditionally.

Appears in 2 contracts

Samples: Convertible Debt Investment Agreement (Newater Technology, Inc.), Convertible Debt Investment Agreement (Newater Technology, Inc.)

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Loan Amount. Party B has wired RMB 4,990,000 3,000,000 and RMB 10,0003,000,000, for a total of RMB 6,000,000, free of interestsinterest, totally RMB 5,000,000 to Party C on March 21May 4, 2016 and March 25June 2, 2016, respectively. The payments to Party C were wired to Party C’s bank account as designated below: Account Name: Yantai Jinzheng Eco-Technology Co., Ltd. Bank: Yantai Free Trade Port District Branch, Bank of China Party C’s offshore parent company, Party D shall convert Party B’s loans and issue shares to Party B in accordance with the terms of this Agreement. Through the process of share issuance, Party A and Party D shall assist Party B with relevant registrations unconditionally.

Appears in 2 contracts

Samples: Convertible Debt Investment Agreement (Newater Technology, Inc.), Convertible Debt Investment Agreement (Newater Technology, Inc.)

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Loan Amount. Party B has wired RMB 4,990,000 6,200,000 and RMB 10,0003,800,000, for a total of RMB 10,000,000, free of interestsinterest, totally RMB 5,000,000 to Party C on March 21April 11, 2016 and March 25April 13, 2016, respectively. The payments to Party C were wired to Party C’s bank account as designated below: Account Name: Yantai Jinzheng Eco-Technology Co., Ltd. Bank: Yantai Free Trade Port District Branch, Bank of China Party C’s offshore parent company, Party D shall convert Party B’s loans and issue shares to Party B in accordance with the terms of this Agreement. Through the process of share issuance, Party A and Party D shall assist Party B with relevant registrations unconditionally.

Appears in 2 contracts

Samples: Convertible Debt Investment Agreement (Newater Technology, Inc.), Convertible Debt Investment Agreement (Newater Technology, Inc.)

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