Common use of Use of Proceeds Certification Clause in Contracts

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 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 working capital - insurance (but not self insurance programs) - services or equipment - merchandise, 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) BUSINESS LOAN AND SECURITY AGREEMENT)

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 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- payroll