Loan Purpose. 5.1 The Loan shall be used exclusively for following specified purpose: [insert details of what the loan will be used for] 5.2 The Borrower shall not use the Loan for any other purpose without the prior written approval of the Lender.
Appears in 5 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement With Guarantee
Loan Purpose. 5.1 The Loan shall be used exclusively for following specified purpose: [insert details of what the loan will be used for]:
5.2 The Borrower shall not use the Loan for any other purpose without the prior written approval of the Lender.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement