Use of Proceeds of Loan. The entire proceeds of the Loan shall be used solely for acquiring shares of Common Stock, and for no other purpose whatsoever.
Appears in 68 contracts
Samples: Loan Agreement (Gouverneur Bancorp, Inc./Md/), Loan Agreement (NorthEast Community Bancorp, Inc./Md/), Loan Agreement (William Penn Bancorporation)
Use of Proceeds of Loan. The entire proceeds of the Loan shall be used solely for acquiring shares of Common Stock, and for no other purpose whatsoever.. EXHIBIT 10.32
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