Common use of Purposes of Loan and Use of Proceeds Clause in Contracts

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: Loan Agreement (Accentia Biopharmaceuticals Inc), Loan Agreement (Accentia Biopharmaceuticals Inc), Loan Agreement (Accentia Biopharmaceuticals Inc)

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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.

Appears in 1 contract

Samples: Loan Agreement (Merge Technologies Inc)

Purposes of Loan and Use of Proceeds. The purpose of the Loan shall be to provide additional acquisition and working capital to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Monsterdaata Com Inc)

Purposes of Loan and Use of Proceeds. The purpose of the Loan shall be to provide additional strategic acquisition and working capital to Borrower.

Appears in 1 contract

Samples: Loan Agreement (Metrisa Inc)

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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

Samples: Loan and Security Agreement (Act Teleconferencing Inc)

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