Common use of Use of Proceeds from the Sale of Purchased Shares Clause in Contracts

Use of Proceeds from the Sale of Purchased Shares. The Company will use the proceeds from the issuance and sale of the Purchased Shares for daily operation and business expansion of the Group Companies. Unless otherwise agreed to in writing by the Investors, no proceeds from the sale of the Purchased Shares shall be used (i) in the purchase of any securities, (ii) in the investment of any other entities, (iii) in the payment of any debt of any Group Company, or (iv) in the repurchase or cancellation of securities held by any shareholders of the Company.

Use of Proceeds from the Sale of Purchased Shares. The Company will use the proceeds from the issuance and sale of the Purchased Shares for daily operation capital expenditure and business expansion working capital of the Group Companies. Unless otherwise agreed to in writing by the Investors, no proceeds from the sale of the Purchased Shares shall be used (i) in the purchase of any securities, (ii) in the investment of any other entities, (iii) in the payment of any debt of any the Group Company, Companies or (iv) in the repurchase or cancellation of securities held by any shareholders of the Company.

Use of Proceeds from the Sale of Purchased Shares. The Company will use the proceeds from the issuance and sale of the Purchased Shares for daily operation business expansion, capital expenditure and business expansion working capital of the Group CompaniesCompany and its subsidiaries, save as otherwise stipulated in this Agreement. Unless otherwise agreed to in writing by the InvestorsBoard of Directors of the Company, no proceeds from the sale of the Purchased Shares shall be used (i) in the purchase of any securities, (ii) in the investment of any other entities, (iii) in the payment of any debt of any Group Companythe Company or its subsidiaries, or (iv) in the repurchase or cancellation of securities held by any shareholders of the Company.