Purposes of loan. Purpose of loan: Purchase Cable Without the written consent of the lender, the borrower shall not change the purpose of the loan, including but not limited to, the borrower shall not use the loan for fixed assets, equity and other investment, for any fields or purposes that are prohibited by laws, regulations, regulations, or the state to produce or operate, for lending, or for the purchase of other financial products for arbitrage, or for the illegal creation of new hidden debts of the local government. And other uses for which bank loans are prohibited.
Purposes of loan. The Loan Proceeds shall be used by Borrower solely for the purposes of (1) $750,000.00 to pay off existing Development Line of Credit at Xxxxx Fargo Bank; and (2) $250,000.00 to be reserved for the completion of onsite and offsite improvements in accordance with plans and specifications approved by the City of PRESCOTT for the XXXXXXX XXXXX XXXXXXXXXXX, Xxxx 0, Xxxxx 0 in PRESCOTT, AZ.
Purposes of loan. The proceeds of the Loan shall be used solely for the purposes set forth in Section 2.07 and for no other purpose.
Purposes of loan. The loan will be used for a glassware manufacturing facility project with an annual capacity of 27,000 tons.
Purposes of loan. The Loan is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes. No part of proceeds of the Loan will be used for purchasing or acquiring any “margin stock” within the meaning of Regulations T, U or X of the Board of Governors of the Federal Reserve System.
Purposes of loan. 4.01 Use of Proceeds --------------- The Borrower will not use the Loan proceeds for any purposes other than repayment of its Debt to Banque Worms under an agreement dated October 4, 1990.
Purposes of loan
