the parent company shall disburse to the Subsidiary the loan as follows:
1. First drawdown
the first drawdown shall be in January/February 2013 (after receiving the foreign loan registration certification from state bank of Vietnam, Hai Phong branch) with the amount of USD 450,000
2. next drawdowns
the dates and amounts of next drawdowns depend on the demand for capital of A. however, the last drawdown shall not be later than 31.12.2014 and the total amount of the next drawdowns shall not be more than USD 375,000
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