Investment purpose definition
Investment purpose means that the primary purpose of the credit sale or loan is for future financial gain rather than for a present personal, family, or household use.
Investment purpose means the financing (or refinancing) of investments by any Credit Party that satisfy both of the following criteria: (a) such investments are (or were) made in order to allow existing ▇▇▇▇▇ of any Borrower to (i) utilize waste and waste product (including mixed paper post-consumer materials and old corrugated containers) as inputs for their operations or (ii) generate electric power from renewable energy sources (namely, energy conversion systems fueled by biomass) and to use the renewable power generated by the ▇▇▇▇▇ for their operations and (b) such investments are (or were) made in ▇▇▇▇▇ that are located in rural areas with populations of no more than 20,000.
Investment purpose means the financing (or refinancing) of investments by any Credit Party (or any of their respective predecessors) in ▇▇▇▇▇ that are located in rural areas with populations of no more than 20,000 and that utilize waste and waste product (through the recycling of fiber) as inputs for their operations.
Examples of Investment purpose in a sentence
The proceeds of the Term Loans shall be used solely for the Investment Purpose and, for the avoidance of doubt, any refinancing of Indebtedness incurred in connection therewith on the Closing Date.
More Definitions of Investment purpose
Investment purpose means the financing (or refinancing) of investments by any Loan Party that satisfy both of the following criteria: (a) such investments are (or were) made in order to allow existing mills of the Borrower to utilize waste and waste products (including mixed paper post-consumer materials and old corrugated containers) as inputs for their operations and (b) such investments are (or were) made in mills that are located in rural areas with populations of no more than 20,000.
Investment purpose means to enable the utilization of waste and waste products as inputs for the Borrower’s operation of waste disposal facilities in rural areas with populations of no more than 20,000. CHAR2\2846261v9
Investment purpose means that the primary purpose of
Investment purpose has the meaning specified in the preliminary statements to this Agreement.
Investment purpose means the financing (or refinancing) of investments by any Credit Party (or any of their respective predecessors) in mills that are located in rural areas with populations of no more than 20,000 and that utilize waste and waste product (through the recycling of fiber) as inputs for their operations.