It means that the other party has problems with its reputation or funds and cannot repay the loan
The reasons for the termination of the contract are:
1. Article 91 of the Contract Law stipulates The seven circumstances for the termination of the contract include termination of the contract, mutual offset of debts, termination by law or agreement between the parties, as follows:
1. The contract is extinguished due to full performance by both parties;
< p>2. The contract changes due to circumstances, and the two parties reach an agreement to terminate the contract without harming the national interests or the interests of the public;3. The contract is extinguished due to the death of one or both parties. ;
4. The contract is extinguished due to withdrawal;
5. The contract is extinguished due to confusion;
6. The contract is terminated due to a court judgment or arbitration award;
7. The contract is terminated due to set-off. Termination of the contract is also a way to terminate the contract
2. Article 203 of the Contract Law stipulates that if the borrower fails to use the loan according to the agreed purpose of the loan, the lender may stop issuing the loan or withdraw the loan in advance Or terminate the contract
3. Paragraph 2 of Article 93 of the Contract Law stipulates: “The parties may agree on the conditions for one party to terminate the contract.
When the conditions for rescission of the contract are met, the holder of the right to terminate the contract can terminate the contract
For more details, please refer to the "Contract Law". There are more detailed clauses in it and I will not describe them one by one, or you can search Hongjin Consortium on Tencent to find the contract. Warehouse 6, I wish you success in your work and a happy life, please adopt