Loan Purpose. The loan borrowed hereunder shall be used for turnover of working capital. Without the written consent of the Lender, the Borrower may neither change the loan purpose nor use the loan for any other purposes. The Lender shall have the right to supervise the Borrower’s use of the loan.
Appears in 6 contracts
Samples: Working Capital Loan Contract (Universe Pharmaceuticals INC), Working Capital Loan Contract (Universe Pharmaceuticals INC), Working Capital Loan Contract (Universe Pharmaceuticals INC)
Loan Purpose. The loan borrowed hereunder shall be used for turnover of company’s working capitalcapital . Without the written consent of the Lender, the Borrower may neither change the loan purpose nor use the loan for any other purposes. The Lender shall have the right to supervise the Borrower’s 's use of the loan.
Appears in 2 contracts
Samples: Working Capital Loan Contract (Universe Pharmaceuticals INC), Working Capital Loan Contract (Universe Pharmaceuticals INC)
Loan Purpose. The loan borrowed hereunder shall be used for turnover of working capital. Without the written consent of the Lender, the Borrower may neither change the loan purpose nor use the loan for any other purposes. The Lender shall have the right to supervise the Borrower’s 's use of the loan.
Appears in 1 contract
Samples: Working Capital Loan Contract (Universe Pharmaceuticals INC)
Loan Purpose. The loan borrowed hereunder shall be used for turnover of working capitalcapital . Without the written consent of the Lender, the Borrower may neither change the loan purpose nor use the loan for any other purposes. The Lender shall have the right to supervise the Borrower’s 's use of the loan.
Appears in 1 contract
Samples: Working Capital Loan Contract (Universe Pharmaceuticals INC)
