Common use of Purpose of Loan Clause in Contracts

Purpose of Loan. The loan shall be used for the following purposes. The borrower shall not use the loan for any other purpose without the written consent of the lender, and the lender shall have the right to supervise the purpose of the money. Purpose of borrowing: Production and Operation Activities.

Appears in 4 contracts

Samples: Loan Agreement (Pop Culture Group Co., LTD), Loan Agreement (Cn Energy Group. Inc.), Loan Agreement (Cn Energy Group, Inc.)

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Purpose of Loan. The loan hereunder shall be used for the following purposespurpose of procurement of raw materials and other daily operation. The borrower shall Without written consent of the Lender, the Borrower may not use the loan for any purpose other purpose without than those listed below. The Lender may supervise the written consent use of the lender, and the lender shall have the right to supervise the purpose proceeds of the money. Purpose of borrowing: Production and Operation Activitiesloan.

Appears in 2 contracts

Samples: Small Business Loan Agreement (Genetron Holdings LTD), Small Business Loan Agreement (Genetron Holdings LTD)

Purpose of Loan. The loan shall be used for the following purposes. The borrower shall not use the loan for any other purpose without the written consent of the lender, and the lender shall have the right to supervise the purpose of the money. Purpose of borrowing: Production Operation Activities and Operation ActivitiesRaw Material Purchase.

Appears in 2 contracts

Samples: Small Business Loan Agreement (Cn Energy Group. Inc.), Small Business Loan Agreement (Cn Energy Group, Inc.)

Purpose of Loan. The loan hereunder shall be used for the following purposes. The purpose and without the lender’s written consent, the borrower shall not use appropriate the loan for any other purpose without the written consent of the lenderpurpose, and the lender shall have the right is entitled to supervise the purpose use of the moneyloan. Purpose of borrowingloan: Production and Operation Activities.Purchase of goods

Appears in 1 contract

Samples: Altair Nanotechnologies Inc

Purpose of Loan. The loan hereunder shall be used for the following purposes. The borrower shall Without written consent of the Lender, the Borrower may not use the loan for any purpose other purpose without than those listed below. The Lender may supervise the written consent use of the lender, and the lender shall have the right to supervise the purpose proceeds of the money. Purpose of borrowing: Production and Operation Activitiesloan.

Appears in 1 contract

Samples: Altair Nanotechnologies Inc

Purpose of Loan. The loan shall be used for the following purposes. The borrower shall not use the loan for any other purpose without the written consent of the lender, and the lender shall have the right to supervise the purpose of the money. Purpose of borrowing: Production Operation Activities and Operation Activities.Raw Material Purchase. ​

Appears in 1 contract

Samples: Small Business Loan Agreement (Cn Energy Group. Inc.)

Purpose of Loan. The loan hereunder shall be used for the following purposes. The purpose and without the lender’s written consent, the borrower shall not use appropriate the loan for any other purpose without the written consent of the lenderpurpose, and the lender shall have the right is entitled to supervise the purpose use of the moneyloan. Purpose of borrowingloan: Production and Operation Activities.Purchase of Raw Material

Appears in 1 contract

Samples: Altair Nanotechnologies Inc

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Purpose of Loan. The loan Loan hereunder shall be used for the following purposesbusiness and turnover. The borrower Without written consent of the Lender, the Borrower shall not use the loan for any the other purpose without the written consent of the lender, and the lender shall have purposes. The Lender has the right to supervise the purpose use of the money. Purpose of borrowing: Production and Operation Activitiesloan.

Appears in 1 contract

Samples: CHINA BAICAOTANG MEDICINE LTD

Purpose of Loan. The loan shall be used for the following purposes. The borrower shall not use the loan for any other purpose without the written consent of the lender, and the lender shall have the right to supervise the purpose of the money. Purpose of borrowing: Production Operation Activities and Operation Activities.Raw Material Purchase. ​ ​ ​ ​ Article 2 Amount and Term ​

Appears in 1 contract

Samples: Business Loan Agreement (Cn Energy Group. Inc.)

Purpose of Loan. The loan hereunder shall be used for the following purposes. The borrower shall Without written consent of the Lender, the Borrower may not use the loan for any purpose other purpose without than those listed below. The Lender may supervise the written consent use of the lender, and the lender shall have the right to supervise the purpose proceeds of the moneyloan. Purpose of borrowingPurpose: Production and Operation Activities.Equipment purchase

Appears in 1 contract

Samples: China Energy Recovery, Inc.

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