Common use of LOAN AND PURPOSE Clause in Contracts

LOAN AND PURPOSE. 1.1 The Co-financer hereby grants to the Borrower the Loan under the terms and conditions stated hereafter, in principal amount of € [ __ ] (the “Principal”), which Loan is hereby accepted by the Borrower. 1.2 The Loan will be transferred to the bank account with number (IBAN) [ ] in the name of the Borrower at the [ ] Bank in [ ] no later than 7 business days after the signing date of this Agreement. 1.3 The Loan will only be used by the Borrower to finance its capital expenditures and working capital needs.

LOAN AND PURPOSE. 1.1 The Co-financer hereby grants to the Borrower the Loan under the terms and conditions stated hereafter, in principal amount of € [ __ ] (the “Principal”), which Loan is hereby accepted by the Borrower. 1.2 The Loan will be transferred to the bank account with number (IBAN) [ ] in the name of the Borrower at the [ ] Bank in [ ] no later than 7 business days after the signing date of this Agreement. 1.3 The Loan will only be used by the Borrower to finance its capital expenditures and working capital needs.

LOAN AND PURPOSE. 1.1 The Co-financer hereby grants to the Borrower the Loan under the terms and conditions stated hereafter, in principal amount of € [ __ ] (the “Principal”), which Loan is hereby accepted by the Borrower. 1.2 The Loan will be transferred to the bank account with number (IBAN) [ ] in the name of the Borrower at the [ ] Bank in [ ] no later than 7 business days after the signing date of this Agreement. 1.3 The Loan will only be used by the Borrower to finance its capital expenditures and working capital needs.