Common use of Loan Proceeds Clause in Contracts

Loan Proceeds. Use all Loan proceeds solely for Borrower’s business operations, unless specifically consented to the contrary by Lender in writing.

Appears in 66 contracts

Sources: Business Loan Agreement (Amtd Idea Group), Business Loan Agreement (FGI Industries Ltd.), Business Loan Agreement (BayFirst Financial Corp.)

Loan Proceeds. Use all Loan proceeds solely for Borrower’s 's business operations, unless specifically consented to the contrary by Lender in writing.

Appears in 35 contracts

Sources: Business Loan Agreement (Charge Enterprises, Inc.), Business Loan Agreement (Autoscope Technologies Corp), Business Loan Agreement (Asset Based) (Better Choice Co Inc.)

Loan Proceeds. Use Borrower shall use all Loan loan proceeds solely for Borrower’s business operationsthe purposes stated herein, unless specifically consented to the contrary by Lender in writing.

Appears in 3 contracts

Sources: Loan Agreement (Energy Services of America CORP), Loan Agreement (Energy Services of America CORP), Loan Agreement (Energy Services of America CORP)

Loan Proceeds. Use all Loan proceeds solely for Borrower’s business operations, unless specifically consented to the contrary by Lender ▇▇▇▇▇▇ in writing.

Appears in 2 contracts

Sources: Business Loan Agreement (Intelligent Protection Management Corp.), Business Loan Agreement

Loan Proceeds. Use all Loan proceeds solely for Borrower’s business operationsand commercially related purposes, unless specifically consented to the contrary by Lender in writing.

Appears in 1 contract

Sources: Loan Agreement (Phillips R H Inc)

Loan Proceeds. Use all Loan proceeds solely for Borrower’s 's business operations, unless specifically consented to conse▇▇▇▇ ▇▇ the contrary by Lender in writing.

Appears in 1 contract

Sources: Business Loan Agreement (Red Trail Energy, LLC)

Loan Proceeds. Use all Loan proceeds solely for Borrower’s business operations, unless specifically consented to the contrary by Lender in writing.

Appears in 1 contract

Sources: Business Loan Agreement (Nutech Digital Inc)

Loan Proceeds. Use all Loan proceeds solely for Borrower’s business operationsoperations and general working capital, unless specifically consented to the contrary by Lender in writing.

Appears in 1 contract

Sources: Business Loan Agreement (LiveXLive Media, Inc.)

Loan Proceeds. Use all Loan proceeds solely for Borrower’s commercial and business operations, unless specifically consented to the contrary by Lender in writing.

Appears in 1 contract

Sources: Loan Agreement (PSM Holdings Inc)

Loan Proceeds. Use all Loan proceeds solely for Borrower’s 's business operations, unless specifically consented to the contrary by Lender in writingWriting.

Appears in 1 contract

Sources: Business Loan Agreement (Stronghold Technologies Inc)

Loan Proceeds. Use all of Loan proceeds solely for Borrower’s business operations, unless specifically consented to the contrary by Lender in writing.

Appears in 1 contract

Sources: Loan Agreement (Synergetics Usa Inc)

Loan Proceeds. Use Borrower shall use all Loan proceeds solely for Borrower’s business operationsoperations and the Work, unless specifically consented to the contrary by Lender in writing.

Appears in 1 contract

Sources: Construction Loan Agreement (BitNile Holdings, Inc.)

Loan Proceeds. Use all Loan proceeds solely for Borrower’s business operationsoperations or such purpose(s) as may be specifically set forth in this Agreement, unless specifically consented to the contrary by Lender in writing.

Appears in 1 contract

Sources: Business Loan Agreement (CarePayment Technologies, Inc.)