Usage of the Loan. The Loan shall be used for the purchase of heat preservation materials.
Usage of the Loan. The loan can only be used in the production and operation of the Company, such as purchasing raw material and equipment. It cannot be used in any other respects of the Company.
Usage of the Loan. The loan can only be used in assisting Mr Xxx xxxx to invest in the Chinese operating company(“Shenzhen Rongxin”) with Xx Xxxx. Xx Xxx will hold 51% of “Shenzhen Rongxin”. Xx Xxx shall not use the loan in other purpose without prior written agreement from CTL.
Usage of the Loan. 1. Party C will use the principal under this Contract for the repayment of the indebtedness due and payable to Beijing Wanhui Pharmaceutical Group ("WANHUI GROUP"), but Party B shall not take any responsibility for utilization of such loan by Party C.
2. Without the written consent by Party A, Party C shall not change the usage of the loan.
Usage of the Loan. 2.1 The loan under the Agreement is intended for the following usage: the working capital (for purchasing raw coal used in production).
Usage of the Loan. Party A shall use the loan for working capital turnover, Party A shall not change usage of the loan without written consent of Party B.
Usage of the Loan. 2.1 The Loan under this Agreement is used for the acquisition of medical examination centers and other business related to medical and healthcare services, as well as the replenishment of part of the working capital.
2.2 The Borrower shall not use the loan for production or operation prohibited by the state, and shall not invest in fields like derivative securities, futures or financial derivatives venture capital in violation of state policies, laws and regulations and financial regulations. Without written consent of the Lender, the Borrower shall not change the usage of the loan.
Usage of the Loan. The loan can only be used in assisting Shanghai Classic to do business with the Chinese operating company (“the company”) Shanghai Classic will hold 100% of the company. Shanghai Classic shall not use the loan in other purpose without prior written agreement from CTL.
Usage of the Loan. The Loan shall be solely used for the development of new dwelling houses in urban village (Project Kirin Bay) and without Party B’s written consent, Party A shall not use the Loan for any other purposes.
