Purposes of Loan and Use of Proceeds. The purpose of the Loan shall be to provide additional working capital to Borrower.
Appears in 3 contracts
Samples: Employment Agreement (Accentia Biopharmaceuticals Inc), Employment Agreement (Accentia Biopharmaceuticals Inc), Employment Agreement (Accentia Biopharmaceuticals Inc)
Purposes of Loan and Use of Proceeds. The purpose of the Loan shall ------------------------------------ be to provide additional working capital to Borrower.
Appears in 1 contract
Purposes of Loan and Use of Proceeds. The purpose of the Loan shall be to provide additional working capital for sales and marketing, product development and the repurchase of shares of capital stock of Borrower not to Borrowerexceed $250,000 in the aggregate, and other general corporate purposes.
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Purposes of Loan and Use of Proceeds. The purpose of the Loan shall be to provide additional acquisition and working capital to Borrower.
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Purposes of Loan and Use of Proceeds. The purpose of the Loan shall be to provide additional strategic acquisition and working capital to Borrower.
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Samples: Loan Agreement (Metrisa Inc)
Purposes of Loan and Use of Proceeds. The purpose of the Loan shall be be: (i) to provide additional working capital to BorrowerBorrower and (ii) to pay off certain existing indebtedness in the principal amount not exceeding $150,000.
Appears in 1 contract
Samples: Loan Agreement (Online Resources & Communications Corp)
