Term of the Loan. The term of the Loan shall be 12 months, commencing from [see Schedule A] and expiring on [see Schedule A] (the “Term”). Where the above commencement date is inconsistent with the date set forth on the loan-to deposit certificate (the “LDC” or “Loan Receipt”, the date set forth on the LDC for the first advance of the Loan shall be the commencement date of the Term and the expiry date of the Term shall be adjusted accordingly. The LDC shall constitute an integral part of the Contract and have the equal legal force as the Contract.
Appears in 12 contracts
Samples: Loan Agreement, RMB Loan Agreement (Applied Optoelectronics, Inc.), RMB Loan Agreement (Applied Optoelectronics, Inc.)
Term of the Loan. The term of the Loan shall be 12 monthstwo years, commencing from [see Schedule A] the effective date hereof and expiring on [see Schedule A] the second anniversary of the effective date hereof (the “Term”). Where the above commencement date is inconsistent with the date set forth on the loanLoan-to deposit certificate Deposit Certificate (the “LDC” ”, or “Loan Receipt”), the date set forth on the LDC for the first advance of the Loan shall be the commencement date of the Term and the expiry date of the Term shall be adjusted accordingly. The LDC shall constitute an integral part of the this Contract and have the equal legal force as the this Contract.
Appears in 2 contracts
Samples: Entrustment Loan Contract (Hoku Scientific Inc), Entrustment Loan Contract (Tianwei New Energy Holdings Co., LTD)
