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regulatory policies or that other major incident change occurs。 and moreover, if the lender release the loan when the above said conditions are not fully met, it will not constitute a defect of the lender’s performance of contract. Article 4 Loan Release and Payment The borrower agrees the lender to pay the loan money according to the payment method of □ Method of payment by the lender upon authorizationIt means that the lender pays the loan money to the borrower’s transaction objects which are pliant with the purpose agreed in the present contract according to the borrower’s application for money withdrawal request and payment authorization. The specific loan payment provision is□ The borrower has opened a special account for loan. The borrower authorizes the lender to transfer the loan money to the special account for loan opened by the borrower at the place of the lender when the conditions for loan release are met. The account No. of the special account is The borrower can only transfer the loan money under the present contract in the special account for loan, to the account of its transaction object that the borrower applies for to the lender under the present contract and supplementary change agreement and the lender approves and agrees to bind with the special account for loan payment.If the borrower has not yet determined the information on the binding paid transaction object when entering into the present contract, or needs to change the information on the binding paid transaction object after entering into the present contract, the borrower shall specify it by signing a supplemental agreement or alteration agreement with the lender. The amount that the borrowertransfers to any binding paid transaction object shall conform to the agreement between the both parties, and the entire total amount that the borrower transfers to all the binding paid transaction objects shall not exceed the total loan amount of the present contract. The borrower agrees that, according to the provisions and requirement of the lender, the borrower shall use the loan money which will not be used any more in the special account for loan to make early repayment of the loan under the contract. When the present contract is entered into, the information on the transaction object which is bound with the special account for loan payment is as follows:(4) □ The borrower has not opened a special account for loan. The borrower authorizes the lender to transfer the loan money to the accounts of the following transaction objects which confirm to the purpose agreed in the present contract when the conditions for loan release are met. The payment condition is that the borrower offers transaction contracts or other related transaction materials and certificates and the lender examines and approves them. The act that the borrower authorizes the lender to pay the loan money to the accounts of the following transaction objects means the borrower’s payment authorization. The above said payment act of the lender is the money withdrawal of the borrower:(4) .If the borrower is not yet able to determine the specific transactions object information when signing the present contract, then the borrower shall file an Application Form for Payment by the Lender upon Authorization (see the annex for its format) to the lender 3 working days prior to the payment date after the conclusion of the present contract, and the lender will pay the loan money to the borrower’s transaction objects according to the amount applied for payment after the examination and approval of the lender. The payment condition is that the borrower offers transaction contracts or other related transaction materials and certificates and the lender examines and approves them. The act that the borrower authorizes the lender to pay the loan money to the accounts of the following transaction objects means the borrower’s payment authorization. Theabove said act of the lender’s payment to the borrower’s transaction objects according to the borrower’s application for payment is the money withdrawal of the borrower.□ Method of payment by the borrower himselfIt means that the lender directly releases the loan money to the borrower’s account according to the borrower’s application for money withdrawal and then the money will be paid by the borrower himself to the borrower’s transaction objects which meet the purpose agreed in the present contract. That is, the borrower authorizes the lender to transfer the loan money to the account No. / passbook No. / card No. account opened by the borrower at the place of the lender when the conditions for loan release are met, and then, the money will be paid by the borrower himself to the borrower’s transaction objects which meet the purpose agreed in the loan contract. The above said transfer act of the lender is the money withdrawal of the borrower. The borrower promises that, the borrower will regularly report to the lender or inform the lender of the information on the payment of the borrower’s loan money. If the lender still cannot release the loan under the present contract upon expiry of 90 days after the signature of this contract due to the reasons of the borrower, the lender will have the right to unilaterally terminate this loan contract. Any disputes with others, arising out of the borrower’s using the loan money after the release of the loan, will have nothing to do with the lender, and this loan contract shall be normally executed. Article 5 RepaymentFor the loan period is less than one year (inclusive of one year), one of the following repayment methods can be selected (please select it by ticking the appropriate box):□ Repayment of the principal and interest in a lump sum upon its expiry, with the interest to be paid off together the principal (see Article 2 of the present contract for the method for interest calculation).□ Repayment of interest by installment, and rep