Common use of Tax Refund Clause in Contracts

Tax Refund. Borrower agrees that it shall use the proceeds of the Tax Refund strictly to fund Operating Expenses in accordance with the Business Plan and for no other reason, without Agent's prior written consent. Borrower agrees to use the Tax Refund before requesting any Advance hereunder. Upon request of Agent, Borrower shall promptly provide to Agent such evidence as Agent may request as to the manner in which the proceeds of the Tax Refund are being used.

Tax Refund. Borrower agrees that it shall use the proceeds of the Tax Refund strictly to fund Operating Expenses in accordance with the Business Plan and for no other reason, without AgentLender's prior written consent. Borrower further agrees to use the Tax Refund before requesting any Advance hereunder. Upon request of AgentLender, Borrower shall promptly provide to Agent Lender such evidence as Agent Lender may request as to the manner in which the proceeds of the Tax Refund are being used.

Tax Refund. The Borrower agrees that it shall use the proceeds of the Tax Refund strictly to fund Operating Expenses in accordance with the Business Plan and for no other reason, without Agent's the Required Banks' prior written consent. The Borrower agrees to use the Tax Refund before requesting any Advance Loans hereunder. Upon request of the Agent, the Borrower shall promptly provide to Agent the Banks such evidence as the Agent may request as to the manner in which the proceeds of the Tax Refund are being used.

Tax Refund. Borrower agrees that it shall use the proceeds of the Tax Refund strictly to fund Operating Expenses in accordance with the Business Plan and for no other reason, without AgentLender's prior written consent. Borrower agrees to use the Tax Refund before requesting any Advance hereunder. Upon request of AgentLender, Borrower shall promptly provide to Agent Lender such evidence as Agent Lender may request as to the manner in which the proceeds of the Tax Refund are being used."