Common use of Loan Purpose Clause in Contracts

Loan Purpose. The loan hereunder is used for the following purposes. Without the written consent of the Lender, the Borrower shall not misappropriate the loan for other purposes, and the Lender shall be entitled to supervise the use of the loan. Loan purpose: Production and operation

Appears in 2 contracts

Samples: Contract for Operating Fast Loans (YUKAI Health Group LTD), Contract for Operating Fast Loans (YUKAI Health Group LTD)

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Loan Purpose. The loan hereunder is Loans under this Contract shall be used for the following purposes. Without the written consent of the Lenderpurpose, and the Borrower shall not misappropriate the loan use it for other purposes, and purpose without the written consent from the Lender. The Lender shall be entitled to supervise the use of the loan. Loan purpose: Production and operationPurchases

Appears in 2 contracts

Samples: Current Capital Loan Contract (Altair Nanotechnologies Inc), Current Capital Loan Contract (Altair Nanotechnologies Inc)

Loan Purpose. The loan loans hereunder is may be used for the following purposes. Without purpose, and without the written consent consents of the Lender, the Borrower shall not misappropriate the loan use them for any other purposes, and . The Lender has the Lender shall be entitled right to supervise the use of the loanfunds concerned. Loan purpose: Production and operationpurchase of raw materials.

Appears in 2 contracts

Samples: Working Capital Loan Contract (Synthesis Energy Systems Inc), Working Capital Loan Contract (Synthesis Energy Systems Inc)

Loan Purpose. The loan loans hereunder is may be used for the following purposes. Without purpose, and without the written consent consents of the Lender, the Borrower shall not misappropriate the loan use them for any other purposes, and . The Lender has the Lender shall be entitled right to supervise the use of the loanfunds concerned. Loan purpose: Production and operationExtension.

Appears in 1 contract

Samples: Working Capital Loan Contract (Synthesis Energy Systems Inc)

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Loan Purpose. The loan Loan hereunder is shall be used to pay loans, staff wages, utilities, working capital, etc. The Borrower shall not divert the Loan for the following purposes. Without any other purpose without the written consent of the Lender, the Borrower shall not misappropriate the loan for other purposes, and the Lender shall be entitled to supervise the use of the loan. Loan purpose: Production and operation.

Appears in 1 contract

Samples: Working Capital Loan Contract (Gracell Biotechnologies Inc.)

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