Common use of Lending Relationships; Use of Proceeds Clause in Contracts

Lending Relationships; Use of Proceeds. The Company (i) does not have any material lending or other relationship with any bank or lending affiliate of any of the Underwriters and (ii) does not intend to use any of the proceeds from the sale of the Offered Securities hereunder to repay any outstanding debt owed to any affiliate of any of the Underwriters.

Appears in 11 contracts

Samples: Underwriting Agreement (Gateway Strategic Acquisition Co.), Underwriting Agreement (Hony Capital Acquisition Corp.), Underwriting Agreement (Gateway Strategic Acquisition Co.)

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Lending Relationships; Use of Proceeds. The Company (i) does not have any material lending or other relationship with any bank or lending affiliate of any of the Underwriters Underwriter and (ii) does not intend to use any of the proceeds from the sale of the Offered Securities hereunder to repay any outstanding debt owed to any affiliate of any of the UnderwritersUnderwriter.

Appears in 3 contracts

Samples: Underwriting Agreement (Ivanhoe Capital Acquisition Corp.), Underwriting Agreement (Think Elevation Capital Growth Opportunities), Underwriting Agreement (Ivanhoe Capital Acquisition Corp.)

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