MISUSE OF LOAN FUNDS. Anyone who wrongfully misapplies any proceeds of the loan will be civilly liable to SBA for one and one- half times the proceeds disbursed, in addition to other remedies allowed by law.
Appears in 24 contracts
Samples: Loan Authorization and Agreement (Monterey Capital Acquisition Corp), Loan Authorization and Agreement (American Picture House Corp), Loan Authorization and Agreement (Amphitrite Digital Inc)
MISUSE OF LOAN FUNDS. Anyone who wrongfully misapplies any proceeds of the loan will be civilly liable to SBA for one and one- one half times the proceeds disbursed, in addition to other remedies allowed by law.
Appears in 3 contracts
Samples: Authorization and Agreement (Amphitrite Digital Inc), Authorization and Agreement (Maison Solutions Inc.), Authorization and Agreement (Maison Solutions Inc.)
MISUSE OF LOAN FUNDS. Anyone who wrongfully misapplies any proceeds of the loan will be civilly liable to SBA for one and one- half times the proceeds disbursed, in addition to other remedies allowed by law.. In Process
Appears in 2 contracts
Samples: Loan Authorization and Agreement, Loan Authorization and Agreement
