Usage of Loan Sample Clauses

Usage of Loan. Party A will use the borrowed funds to supplement working capital. Party A’s account information: Beneficiary bank： Longxiang Sub Branch, Shenzhen, Agricultural Bank of China Beneficiary name： SMARTEN TECHNOLOGY CO.,LTD Beneficiary account No. ： 41024200040023259

Usage of Loan. This loan can only be used in the production and operation of the company, such as purchasing raw material and equipment. It can’t be used in any other respects of the company.

Usage of Loan. This loan is used for paying the price of goods, and the Borrower cannot misappropriate the loan without written consent of the Lender.

Usage of Loan. The loan shall be used for repayment, and Party A shall not change the usage of loan without the written consent of Party B.

Usage of Loan. All amount of loan obtained by the Borrower subject hereto shall be used for the turnover of working capital of daily operation of the Borrower or its Affiliated Parties. Unless otherwise agreed by the Lender in writing in advance, the Borrower shall not use the same for any other purpose beyond the aforesaid usage.

Usage of Loan. Party A shall use the loan for making up the shortage of working capital.

Usage of Loan. The usage of the loan under the contract is: Pingdingshan-Linru Expressway Project of

Usage of Loan. This Entrustment Loan is intended to be used to acquire equity interests.

Usage of Loan. 2.1 The loan under the contract is to be used for[___________]. 2.2 Party A must not change the usage of loan defined in the contract without the written consent by Party B.

Usage of Loan. 5.1 The borrower should specially use all the loan fund under the agreement to the liquid capital turnover or stock loan replacement for normal business operation of the borrower. 5.2 Without the written approval of the entire participant bank, the borrower cannot change the loan usage of loan fund, including, but not limited to: the borrower cannot use the loan fund to the fixed assets, stock right, stock and other securities investment, production and operation prohibited by the laws, rules, relevant supervising institutions and state policies, projects prohibited to enter by the state policy or project not approved by laws and invested projects prohibited with the name of bank loan. 5.3 the co-lead bank, each participant bank and agent bank will not bear any liability for the borrower how to use each sum of loan fund.