Common use of Purposes of loan Clause in Contracts

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.

Appears in 2 contracts

Samples: HUHUTECH International Group Inc., HUHUTECH International Group Inc.

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Purposes of loan. Purpose of loan: Purchase Cable Buy heating belt, connecting sheet, etc 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.

Appears in 2 contracts

Samples: HUHUTECH International Group Inc., HUHUTECH International Group Inc.

Purposes of loan. Purpose of loan: Purchase Cable mechanical parts 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.

Appears in 1 contract

Samples: HUHUTECH International Group Inc.

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Purposes of loan. Purpose of loan: Purchase Cable mechanical parts, etc 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.

Appears in 1 contract

Samples: HUHUTECH International Group Inc.

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