Use of Proceeds Certification. As referred to in Section 4, by initialing below, the Borrower certifies, acknowledges and understands that the proceeds from the requested Loan will be used solely for business purposes.
Use of Proceeds Certification. The Borrower and CDC certify that the Use of Project Proceeds and Sources of Funds for the project described above are accurate.
Use of Proceeds Certification. The Borrower and CDC certify that the Use of Project Proceeds and Sources of Funds for the project described above are accurate.
3. DEBENTURE & NOTE TERMS Date of SBA approval: X. Xxxxxxxxx B. Note (or Lease)
a. Principal Amount * $ $ b. Date
Use of Proceeds Certification. As referred to in Section 4, by signing below, the Borrower certifies, acknowledges and understands that the proceeds from the requested Loan will be used solely for purchasing or acquiring specific products or services, for the following purposes only: - working capital - insurance (but not self insurance programs) - services or equipment - merchandise, inventory or specified goods - improvements / construction of facilities (but not purchase of real estate) - loans to finance specified sales transactions - public works projects or educational services (e.g., training)
Use of Proceeds Certification. As referred to in Section 4, by initialing below, the Borrower certifies, acknowledges and understands that the proceeds from the requested Loan will be used solely for the purpose of making a deposit for a bid in bankruptcy court for the assets of Lucira Health, Inc.
Use of Proceeds Certification. As referred to in Section 4, by signing or affirming below, the Borrower certifies, acknowledges and understands that the proceeds from the requested Loan will be used solely for purchasing or acquiring specific products or services , for the following purposes only: - specified merchandise - insurance (but not self insurance programs) - services or equipment - inventory or other specified goods - improvements I construction of facilities (but not purchase of real estate) - loans to finance specified sales transactions - public works projects or educational services (e.g., training) xxxxxx BUSINESS LOAN AND SECURITY AGREEMENT SUPPLEMENT I hereby, as a duly authorized agent of Borrower, and in my individual and personal capacity as Guarantor, affirm that I have read and understand the terms and conditions of, consent to, and agree to be bound by, the Business Loan and Security Agreement (inclusive of the Guaranty therein), the accompanying Business Loan and Security Agreement Supplement, and the accompanying Authorization Agreement for Direct Deposit (ACH Credits) and Direct Payments (ACH Debits). Guarantor #1: /s/ Xxxxx Xxxxxxx Borrower: /s/ Xxxxx Xxxxxxx (Signature) (Signature) Name: Xxxxx Xxxxxxx Name: Xxxxx Xxxxxxx Date: 1/5/18 Date: 1/5/18 Guarantor #2: /s/ Xxxx Xxxxxxxxxxx Borrower: /s/ Xxxx Xxxxxxxxxxx (Signature) (Signature) Name: Xxxx Xxxxxxxxxxx Name: Xxxx Xxxxxxxxxxx Date: 1/5/18 Date: 1/5/18 Guarantor #3: Borrower: (Signature) (Signature) Name: Name: Date: Date: For Lender 's Use Only: This Agreement has been received and accepted by Lender in Virginia after being signed by Borrower and any Guarantor(s) . By: Date: (Signature) (Name) xxxxxx AUTHORIZATION AGREEMENT FOR DIRECT DEPOSIT (ACH CREDIT) AND DIRECT PAYMENTS (ACH DEBITS) This Authorization Agreement for Direct Deposit (ACH Credit) and Direct Payments (ACH Debits) is part of (and incorporated by reference into) the Business Loan and Security Agreement. Borrower should keep this important legal document for Borrower's records. DISBURSMENT OF LOAN PROCEEDS. By executing this Authorization Agreement for Direct Deposit (ACH Credit) and Direct Payments (ACH Debits), Borrower authorizes Lender to disburse the Loan proceeds less the amount of any applicable fees upon Loan approval by initiating an ACH credit, wire transfer or similar means to the checking account indicated herein (or a substitute checking account Borrower later identifies and is acceptable to Lender) (hereinafter referred to as t...
Use of Proceeds Certification. As referred to in Section 4, in addition to adopting and ratifying the foregoing, by signing below, the Borrower hereby certifies, acknowledges and understands that the proceeds from the Loan will be used solely for business and commercial purposes only, and not for any personal, household or consumer use. Xxxxxx #1: X Name: Xxxxx Xxxxx Title: President Date: 06/09/2016 Xxxxxx #2: X Name: Xxxxx Xxxxx Title: Secretary Date: 06/09/2016 Xxxxxx #3: X Name: Xxxxxxx Xxxxx Title: Treasurer Date: 06/09/2016 Xxxxxx #4: X Name: Title: Date: 06/09/2016
Use of Proceeds Certification. As referred to in Section 4, by initialing below, the Borrower certifies, acknowledges and understands that the proceeds from the requested Loan will be used solely for business purposes. FOR THE BORROWER (#1) By: CXXXXXX XXXXXX XXXX XX /s/ Cxxxxxx Xxxxxx Xxxx Xx (Print Name and Title) (Signature) FOR THE BORROWER (#2) By: (Print Name and Title) (Signature) BY GUARANTOR (#1) By: CXXXXXX XXXXXX XXXX XX /s/ Cxxxxxx Xxxxxx Xxxx Xx (Print Name and Title) (Signature) BY GUARANTOR (#2) By: (Print Name and Title) (Signature)
Use of Proceeds Certification. Section 6.11 First Refusal for Future Financings Section 6.12 Access to Records Section 6.13 Financial Covenants Section 6.14 Payments and other Debts Section 6.15 Maintain Copies; Financing Statements Section 6.16 Information Requests Section 6.17 Protect the Collateral
Use of Proceeds Certification. Use the proceeds of the loans only to fund the purchase of assets under the Acquisition Agreement; and provide written evidence of such use to Holders within ninety (90) days of Closing;
