Loan Purpose Sample Clauses
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Loan Purpose of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average Weighted of Date Date Gross Remaining Combined Average Back Mortgage Principal Principal Interest Term Original FICO DTI Loan Purpose Loans Balance ($) Balance Rate(%) (months) LTV Score Ratio --------------------------------------------------------------------------------------------------------------------------------- Purchase 18 3,501,068 52.64 7.280 343 81.71 661 43.18 Refinance - Cashout 18 3,150,361 47.36 7.961 354 79.90 580 41.62 --------------------------------------------------------------------------------------------------------------------------------- Total: 36 6,651,429 100.00 7.603 348 80.85 623 42.44 ---------------------------------------------------------------------------------------------------------------------------------
Loan Purpose. The loan borrowed hereunder shall be used for turnover of working capital. Without the written consent of the Lender, the Borrower may neither change the loan purpose nor use the loan for any other purposes. The Lender shall have the right to supervise the Borrower’s use of the loan.
Loan Purpose. Borrowers will use the proceeds of each Advance hereunder exclusively as set forth in Section 1.1.
Loan Purpose. This Loan is for Commercial purposes.
Loan Purpose. The Borrower shall use all Loan proceeds exclusively for [PURPOSE FOR WHICH THE LOAN IS TO BE USED]. The Lender has no obligation to monitor or verify the Borrower’s use of any funds advanced under this Agreement.
Loan Purpose. The purpose of this Loan is to establish a Line Manager Line of Credit to support working capital.
Loan Purpose. You must not use the loan funds for any purpose other than that set out in your Letter of Offer without ANZ’s prior written consent.
Loan Purpose. 5.1 The Loan shall be used exclusively for following specified purpose: [insert details of what the loan will be used for]
5.2 The Borrower shall not use the Loan for any other purpose without the prior written approval of the Lender.
Loan Purpose. Loans under this Contract shall be used for the following purpose, and the Borrower shall not use it for other purpose without the written consent from the Lender. The Lender shall be entitled to supervise use of the loan. Loan purpose: Purchases
Loan Purpose. The loan shall be used for daily business operating activities and payment of the building projects under construction.