Common use of USE OF PURCHASE PRICE Clause in Contracts

USE OF PURCHASE PRICE. Each of the Investors understands, acknowledges and agrees that management of the Company shall have sole and absolute discretion concerning the use of the Purchase Price as well as the timing of its expenditures.

USE OF PURCHASE PRICE. Each of the Investors understands, acknowledges and agrees that management of the Company shall have sole and absolute discretion concerning the use of the Purchase Price as well as the timing of its expendituresexpenditures and that the Purchase Price may be used to settle outstanding loans of the Company or its subsidiaries.