Use of Proceeds Certification Sample Clauses

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.
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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 - loans to finance specified sales transactions - public works projects or educational services (e.g., training) BUSINESS LOAN AND SECURITY AGREEMENT
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 working capital and other general corporate purposes. FOR THE BORROWER (#1) By: (Print Name and Title) (Signature) FOR THE BORROWER (#2) By: (Print Name and Title) (Signature) For Lenders Use Only: This Agreement has been received and accepted by Xxxxxx in after being signed by Xxxxxxxx. By: (Signature) (Print Name) Position: Date: Please initial this document here ____
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) For Lenders Use Only: This Agreement has been received and accepted by Lender in New York after being signed by Bxxxxxxx and any Guarantor(s). By: /s/ Sxxxxx Xxxxxxx (Signature) Sxxxxx Xxxxxxx (Print Name) Position: Director Date: 4/1/2024 Please initial this document here Altbanq Lending LLC. Recurring ACH Authorization I hereby authorize Altbanq Lending LLC. to initiate a recurring ACH debit entry to my business checking account for the amount of $26,000.00 every week for 64 total payments: Company Information Company Name: American Rebel Holdings Inc. Company Telephone Number: 600-000-0000 Authorized Signers Name on Bank Account: Cxxxxxx X Xxxx Xx Authorized Signers Telephone Number: 600-000-0000 Bank Information Bank Name: First Bank Name on Account: Cubescape, Inc Account Number: 80000000 Routing Number: 000000000 Date You Authorize First Payment: 04/05/2024 I Cxxxxxx Xxxxxx Xxxx Xx certify that I am an authorized signer for the account indicated above and that I have the authority to authorize this/these transactions. I understand that because this is an electronic transaction, these funds may be withdrawn from my account as soon as the above noted transaction date. In the case the transaction is returned for Non-Sufficient Funds (NSF) I understand that Altbanq Lending LLC. may at its discretion attempt to process the charge again within 30 days and agrees to an additional charge of $50.00 for each attempt returned NSF, which will be initiated as a separate transaction from the authorized payment. I have certified that the above bank account is enabled for ACH transactions and agree to be responsible for all penalties and fees incurred because of my bank rejecting ACH debits or credits because of the account not being properly configured for ACH transactions. Both parties agree to be bound by NACHA Operating Rules as they pertain to this transaction. I acknowledge that the origination of ACH transactions to my account must comply with t...
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. DEBENTURE & NOTE TERMS Date of SBA approval: X. Xxxxxxxxx B. Note (or Lease)
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) For Lenders Use Only: This Agreement has been received and accepted by Lender in New York after being signed by Bxxxxxxx and any Guarantor(s). By: (Signature) (Print Name) Position: Date: Please initial this document here
Use of Proceeds Certification. Use the proceeds of the Loans only in the manner set forth on EXHIBIT 5.15. The Holder shall be entitled to review, at any time, the Borrower's use of the proceeds of the Loans.
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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: - specified merchandise - insurance (but not self insurance programs) - services or equipment - inventory or other 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) For Lender's Use Only: This Agreement has been received and accepted by Lender in California after being signed by Borrower and any Guarantor(s). By: (Signature) (Print Name) Title: Date: Loan Pricing Disclosure Lender uses a system of risk-based pricing to determine interest charges and fees. Risk-based pricing is a system that evaluates the risk factors of your application and adjusts the interest rate up or down based on this risk evaluation. Although Lender believes that its loan process provides expedited turnaround time and efficient access to capital, this loan may be a higher cost loan than loans that may be available through other lenders. Loan For The proceeds of the requested Loan may solely be used for the specific purposes as set forth in the Use of Specific Purposes Only Proceeds Certification of the Business Loan and Security Agreement. IN ADDITION, THE LOAN WILL NOT BE USED FOR PERSONAL, FAMILY OR HOUSEHOLD PURPOSES. Borrower understands that Borrowers agreement not to use the Loan proceeds for personal, family or household purposes means that certain important duties imposed upon entities making loans for consumer/personal purposes, and certain important rights conferred upon consumers, pursuant to federal or state law will not apply to this transaction. ODC App #: 855640 Customer: VAPOR HUB INTERNATIONAL INC DLT doc, #37121.11 (rev. 10/20/09) If you have any questions, please call us at 0.000.000.0000 (we have support available Monday - Friday 8am - 8pm EST and Saturdays 8:30am - 5:30pm EST) or email xxxxxxx@xxxxxx.xxx. Please initial this Business Loan and Security Agreement Supplement here XxXxxx> Business Loan and Security Agreement
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;
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