Loan Purpose Sample Clauses

Loan Purpose of Mortgage Pool by Aggregate Aggregate Weighted Weighted Number Cut-off Cut-off Average Average Weighted of Date Date Gross Remaining Average Mortgage Principal Principal Interest Term Original Loan Purpose Loans Balance ($) Balance Rate (%) (months) LTV ----------------------------------------------- -------- ----------- --------- -------- --------- -------- Refinance - Cashout 1,233 256,560,185 63.08 7.072 349 78.02 Purchase 543 131,176,754 32.25 6.823 356 84.68 Refinance - Rate Term 115 19,012,977 4.67 6.877 342 79.30 Total: 1,891 406,749,915 100.00 6.983 351 80.23 Top

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. Borrower shall use the proceeds of a Loan only for the purposes set forth in the Note evidencing such Loan, and will furnish Lender such evidence as it may reasonably require with respect to such use.

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. The loans hereunder may be used for the following purpose, and without the written consents of the Lender, the Borrower shall not use them for any other purposes. The Lender has the right to supervise the use of the funds concerned. Loan purpose: purchase of raw materials.

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.