USE OF PROCEEDS FROM LOAN. The Company shall use the proceeds of the Company’s Credit Line solely for working capital of the Company and to acquire inventory in strict compliance with the Company Loan Documents.
Appears in 2 contracts
Samples: Credit Enhancement and Financing Security Agreement (GelTech Solutions, Inc.), Credit Enhancement and Financing Security Agreement (GelTech Solutions, Inc.)
USE OF PROCEEDS FROM LOAN. The Company shall use the proceeds of the Company’s Credit Line solely for working capital of the Company and to acquire inventory in strict compliance with the Company Loan Document/ Renewal Company Loan Documents.
Appears in 2 contracts
Samples: Credit Enhancement and Financing Security Agreement (GelTech Solutions, Inc.), Credit Enhancement and Financing Security Agreement (GelTech Solutions, Inc.)
