Common use of Use of Loan Clause in Contracts

Use of Loan. 3.1 The borrower shall use the long-term loan for purchasing 22.5% of shares of ICP Company and any other application of this long-term loan shall obtain earlier written consent from Sina Company.

Appears in 2 contracts

Samples: Loan Agreement (Sina Corp), Loan Agreement (Sina Corp)

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Use of Loan. 3.1 The borrower shall use the long-term loan for purchasing 22.51.5% of shares of ICP Company and any other application of this long-term loan shall obtain earlier written consent from Sina Company.

Appears in 2 contracts

Samples: Loan Agreement (Sina Corp), Loan Agreement (Sina Corp)

Use of Loan. 3.1 The borrower shall use the long-term loan for purchasing 22.520% of shares of ICP IAD Company and any other application of this long-term loan shall obtain earlier written consent from Sina Company.

Appears in 2 contracts

Samples: Loan Agreement (Sina Corp), Loan Agreement (Sina Corp)

Use of Loan. 3.1 The borrower shall use the long-term loan for purchasing 22.526.75% of shares of ICP Company and any other application of this long-term loan shall obtain earlier written consent from Sina Company.

Appears in 2 contracts

Samples: Loan Agreement (Sina Corp), Loan Agreement (Sina Corp)

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Use of Loan. 3.1 The borrower shall use the long-term loan for purchasing 22.540% of shares of ICP Company Xunlong and any other application of this long-term loan shall obtain earlier written consent from Sina Company.

Appears in 1 contract

Samples: Loan Agreement (Sina Corp)

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