Purpose of Borrowing. None of the proceeds of the loan by Lender will be used for the purpose of reducing or carrying any margin security or for the purpose of reducing or retiring any indebtedness which was originally incurred to purchase or carry a margin security or for any other purpose which might constitute this transaction a “purpose credit” within the meaning of Regulation U, as now in effect or as it may hereafter be amended, and all such proceeds shall be used for normal business purposes.
Purpose of Borrowing. Party B’s company shall, as required by its business operation, return or borrow funds according to its business development and capital turnover.
Purpose of Borrowing. The borrowing hereunder is used for purchasing raw materials. Without written consent of the Lender, the Borrower shall not use the borrowing for other purpose, and the Lender is entitled to supervise the use of borrowing.
Purpose of Borrowing. All Loans by the Borrower from Lender shall -------------------- be for the business purpose of Borrower and none of the Loans shall be for consumer use.
Purpose of Borrowing. 2.1 The Borrower shall use the borrowed funds to supplement the liquid capital, and the Borrower shall not change the use of the borrowed funds without the written consent of the Lender.
Purpose of Borrowing. The Company agrees that it will not borrow hereunder in an amount in excess of that needed on a current basis to finance the purchase and ownership of Nuclear Fuel to lease to IP&L pursuant to the Fuel Lease.
Purpose of Borrowing. 1. Beneficiary declares that he will use the Subject of Borrowing for the purposes of Eurokontext 2014 festival, and subsequently for the purpose of promotion of his activities. Čl.
Purpose of Borrowing. Northeast Logistics City project loan Unless otherwise agreed in writing by the Lender, the Borrower shall not change the purposes of the borrowing, including but not limited to, use of the loan for investments in shares and other securities, in projects which access is prohibited by any laws, regulations, regulatory requirements and state policies, or projects which have not been approved in accordance with the law and in projects and usages in which injection of bank loans are prohibited.
Purpose of Borrowing. 第一条 借款用途 The borrowings under this contract shall be used for the following purposes, and the Borrower shall not divert the borrowings for other purposes without the written consent of the Lender, who shall have the right to supervise the use of the funds. Borrowing purpose: for the operation of Xxxxxxx Xxxxxx (Shanghai) Information Technology Development Co. Ltd 本合同项下借款用于下列用途,未经出借人书面同意,借款人不得将借款挪作他用,出借人有权监督款项的使用。 借款用途:用于智臻国瑞(上海)信息科技发展有限公司经营
Purpose of Borrowing. Loans are available for the general corporate purposes of the Borrower. After the first Borrowing thereunder, a Borrowing (other than a Borrowing resulting from a Swingline Loan or the issuance of a Letter of Credit) under the Revolving Facility shall first be used to repay any outstanding Swingline Loans or LC Disbursements. The Borrower shall not, without the prior written consent of the Agent, be entitled to Borrow if the proceeds of any Borrowing are to be used, directly or indirectly, to acquire all or a portion of the property, assets or undertaking of a Person or all or a portion of the shares of a Person if such Person is opposed to such acquisition or if the transaction becomes known as a "hostile" or "unfriendly" acquisition.