Common use of Purpose of the Loan Clause in Contracts

Purpose of the Loan. The Loan shall be used by the Borrower for general corporate purposes.

Appears in 4 contracts

Samples: Loan Agreement (KWESST Micro Systems Inc.), Loan Agreement (KWESST Micro Systems Inc.), Loan Agreement (KWESST Micro Systems Inc.)

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Purpose of the Loan. The proceeds of the Loan shall be used by the Borrower for general corporate purposespurposes of the Borrower and its Subsidiaries.

Appears in 1 contract

Samples: Term Loan Agreement (Conocophillips)

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