The Borrower’s Undertakings Sample Clauses

The Borrower’s Undertakings. 7.1 To drawdown and use the Loan in accordance to the terms and tenure of this Contract, the Loan shall not be used for the purpose of securities market, futures market or for any other purpose that is prohibited or restricted by relevant laws and regulations.
AutoNDA by SimpleDocs
The Borrower’s Undertakings. 12.1. The Borrower shall:
The Borrower’s Undertakings. 8.1 It will withdraw and use the Loan based on the period and purposes agreed herein and funds borrowed can't be flowed into securities or futures market by any means whatsoever or used for other purposes forbidden or restricted by laws and regulations.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!