Common use of Application of Net Proceeds Clause in Contracts

Application of Net Proceeds. The Company will apply the net proceeds from the offering received by it in a manner consistent with the application described under the caption "Use of Proceeds" in the Prospectus. The Company hereby agrees that, except as so described, the Company will not apply any net proceeds from the offering to pay (i) any debt for borrowed funds, or (ii) any debt or obligation owed to any Insider.

Application of Net Proceeds. The Company will apply the net proceeds from the offering received by it in a manner consistent in all material respects with the application described under the caption "Use of ProceedsUSE OF PROCEEDS" in the Prospectus. The Company hereby agrees that, except as so described, the Company will not apply any net proceeds from the offering to pay (i) any debt for borrowed funds, or (ii) any debt or obligation owed to any Insider.

Application of Net Proceeds. The Company will apply the net --------------------------- proceeds from the offering received by it in a manner consistent with the application described under the caption "Use of Of Proceeds" in the Prospectus. The Company hereby agrees that, without the express prior consent of the Representative, except as so described, the Company will not apply any net proceeds from the offering to pay (i) any debt for borrowed funds, funds or (ii) any debt or obligation owed to any Insider.

Application of Net Proceeds. The Company will apply the net proceeds from the offering received by it in a manner consistent with the application described under the caption "Use of ProceedsUSE OF PROCEEDS" in the Prospectus. The Company hereby agrees that, except as so describedwithout the express prior written consent of the Representatives, the Company will not apply any net proceeds from the offering to pay (i) any debt for borrowed funds, funds or (ii) any debt or obligation owed to any Insider.

Application of Net Proceeds. The Company will apply the net proceeds from the offering received by it in a manner consistent with the application described under the caption "Use of ProceedsUSE OF PROCEEDS" in the Prospectus. The Company hereby agrees that, except as so described, the Company will not apply any net proceeds from the offering to pay (i) any debt for borrowed funds, or (ii) any debt or obligation owed to any Insider.

Application of Net Proceeds. The Company will apply the net proceeds from the offering received by it in a manner consistent with the application described under the caption "“Use of Proceeds" ” in the Prospectus. The Company hereby agrees that, except as so describedwithout the express prior written consent of the Underwriters, the Company will not apply any net proceeds from the offering to pay (i) any debt for borrowed funds, funds or (ii) any debt or obligation owed to any Insider, except as described in the “Use of Proceeds” section of the Prospectus.

Application of Net Proceeds. The Company will apply the net proceeds from the offering received by it in a manner consistent with the application described under the caption "Use of ProceedsUSE OF PROCEEDS" in the Prospectus. The Company hereby agrees that, except as so describedwithout the express prior written consent of the Underwriters, the Company will not apply any net proceeds from the offering to pay (i) any debt for borrowed funds, funds or (ii) any debt or obligation owed to any Insider.