Common use of Use of Loan Clause in Contracts

Use of Loan. 3.1 The borrower shall use the long-term loan for purchasing [·]% of shares of [VIE] and any other application of this long-term loan shall obtain earlier written consent from Sina Company. 3.2 During the life of loan, the borrower shall neither transfer partial or all its shares of [VIE] to any third party nor set any security against such shares without prior approval given by Sina Company in written form.

Use of Loan. 3.1 The borrower shall use the long-term loan for purchasing [·]% Ÿ]% of shares of [VIE] and any other application of this long-term loan shall obtain earlier written consent from Sina Company. 3.2 During the life of loan, the borrower shall neither transfer partial or all its shares of [VIE] to any third party nor set any security against such shares without prior approval given by Sina Company in written form.

Use of Loan. 3.1 The borrower shall use the long-term loan for purchasing [·]40% of shares of [VIE] Xunlong and any other application of this long-term loan shall obtain earlier written consent from Sina Company. 3.2 During the life of loan, the borrower shall neither transfer partial or all its shares of [VIE] Xunlong to any third party nor set any security against such shares without prior approval given by Sina Company in written form.

Use of Loan. 3.1 The borrower shall use the long-term loan for purchasing [·]% z% of shares of [VIE] AAA and any other application of this long-term loan shall obtain earlier written consent from Sina Company. 3.2 During the life of loan, the borrower shall neither transfer partial or all its shares of [VIE] AAA to any third party nor set any security against such shares without prior approval given by Sina Company in written form.

Use of Loan. 3.1 The borrower shall use the long-term loan for purchasing [·]55% of shares of [VIE] Xunlong and any other application of this long-term loan shall obtain earlier written consent from Sina Company. 3.2 During the life of loan, the borrower shall neither transfer partial or all its shares of [VIE] Xunlong to any third party nor set any security against such shares without prior approval given by Sina Company in written form.