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These excerpts taken from the MFLX 8-K filed Jan 31, 2007. Article 6 Prerequisites for Use of Lines of Credit Party As application for the use of the lines of credit under this Agreement shall satisfy the following conditions: 1. Prior to the expiration of the term of use of the lines of credit covenanted in Article 5 of this Agreement, it shall submit an application for the appropriate single-transaction credit-granting business to Party B;
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2. Leave in advance with Party B corporate documents, notes, seals, list of relevant persons and sample signatures related to this Agreement and the separate agreements and properly complete relevant supporting vouchers; 3. Open the accounts required by Party B that are necessary for the completion of single-transaction credit-granting business; 4. Properly complete the legal and administrative examination and approval procedures required for consummation of the single-transaction credit-granting business and submit copies of examination and approval documents or photocopies consistent with original copies as required by Party B; in accordance with the provisions of state laws and regulations, when the relevant procedures must be completed by Party B, Party A hereby agrees to give all support; 5. Satisfy other prerequisites or withdrawal prerequisites for consummation of business as covenanted in the separate agreements; 6. Bonds have been posted or the guarantee agreements whose execution is required by Party B have taken effect; 7. Party A hereby agrees to make the statements and promises covenanted in Article 9 of this Agreement; and 8. Other conditions that Party B believes should be satisfied by Party A. Article 6 Prerequisites for Use of Lines of Credit Party As application for the use of the lines of credit under this Agreement shall satisfy the following conditions: 1. Prior to the expiration of the term of use of the lines of credit covenanted in Article 5 of this Agreement, it shall submit an application for the appropriate single-transaction credit-granting business to Party B; 2. Leave in advance with Party B corporate documents, notes, seals, list of relevant persons and sample signatures related to this Agreement and the separate agreements and properly complete relevant supporting vouchers;
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3. Open the accounts required by Party B that are necessary for the completion of single-transaction credit-granting business; 4. Properly complete the legal and administrative examination and approval procedures required for consummation of the single-transaction credit-granting business and submit copies of examination and approval documents or photocopies consistent with original copies as required by Party B; in accordance with the provisions of state laws and regulations, when the relevant procedures must be completed by Party B, Party A hereby agrees to give all support; 5. Satisfy other prerequisites or withdrawal prerequisites for consummation of business as covenanted in the separate agreements; 6. Bonds have been posted or the guarantee agreements whose execution is required by Party B have taken effect; 7. Party A hereby agrees to make the statements and promises covenanted in Article 9 of this Agreement; and 8. Other conditions that Party B believes should be satisfied by Party A. | EXCERPTS ON THIS PAGE:
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