Examples of Eligible Purpose in a sentence
Is for an Eligible Purpose as such term is defined in the CDFI Bond Guarantee Program regulations (12 CFR 1808) and in the Bond Loan Agreement, dated , 20 , between the Qualified Issuer (as lender) and the Eligible CDFI (as borrower).
A Card can only be used by the Cardholder in whose name it has been issued and should only be used for an Eligible Purpose.
Cardholders can use the Card or Card number for any Eligible Purpose including: (a) making Purchases, whether they buy in person, over the phone, using the Internet or by mail order; and (b) making cash withdrawals, which constitute Cash Advances, at one of Royal Bank’s branches, at another financial institution or at an ATM.
The Borrower shall use the proceeds of the Covered EMFS Financing only for the Eligible Purpose.
A Virtual Card Number can only be generated by a VPA User and should only be used for making Purchases that are for an Eligible Purpose, whether the VPA User buys over the phone, on the Internet or by mail order.