Common use of Purpose of the Loan Clause in Contracts

Purpose of the Loan. the Borrower shall only use the Loan hereunder to acquire 45% equity interest in the Company as registered capital. Without the prior written consent of the Lender, the Borrower shall not use such Loan for any other purpose, or pledge their equity interests in the New Company to any other third party.

Appears in 3 contracts

Samples: Loan Agreement (China Finance Online Co. LTD), Loan Agreement (China Finance Online Co. LTD), Loan Agreement (China Finance Online Co. LTD)

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Purpose of the Loan. the Borrower shall only use the Loan hereunder to acquire 4555% equity interest in the Company as registered capital. Without the prior written consent of the Lender, the Borrower shall not use such Loan for any other purpose, or pledge their equity interests in the New Company to any other third party.

Appears in 3 contracts

Samples: Loan Agreement (China Finance Online Co. LTD), Loan Agreement (China Finance Online Co. LTD), Loan Agreement (China Finance Online Co. LTD)

Purpose of the Loan. the Borrower Borrowers shall only use the Loan hereunder to acquire 45% equity interest in establish the New Company as registered capital. Without the prior written consent of the Lender, the Borrower Borrowers shall not use such Loan for any other purpose, or pledge their equity interests in the New Company to any other third party.

Appears in 2 contracts

Samples: Loan Agreement (China Finance Online Co. LTD), Loan Agreement (China Finance Online Co. LTD)

Purpose of the Loan. the Borrower shall only use the Loan hereunder to acquire 45% equity interest in the Company as registered capital. Without the prior written consent of the Lender, the Borrower Borrowers shall not use such Loan for any other purpose, or pledge their equity interests in the New Company to any other third party.

Appears in 2 contracts

Samples: Loan Agreement (China Finance Online Co. LTD), Loan Agreement (China Finance Online Co. LTD)

Purpose of the Loan. the Borrower Borrowers shall only use the Loan hereunder to acquire 45100% equity interest in the Company as registered capital. Without the prior written consent of the Lender, the Borrower Borrowers shall not use such Loan for any other purpose, or pledge their equity interests in the New Company to any other third party.

Appears in 1 contract

Samples: Loan Agreement (China Finance Online Co. LTD)

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Purpose of the Loan. the Borrower shall only use the Loan hereunder to acquire 4595% equity interest in the Company as registered capital. Without the prior written consent of the Lender, the Borrower shall not use such Loan for any other purpose, or pledge their equity interests in the New Company to any other third party.

Appears in 1 contract

Samples: Loan Agreement (China Finance Online Co. LTD)

Purpose of the Loan. the Borrower shall only use the Loan hereunder to acquire 4555% equity interest in the Company as registered capital. Without the prior written consent of the Lender, the Borrower Borrowers shall not use such Loan for any other purpose, or pledge their equity interests in the New Company to any other third party.

Appears in 1 contract

Samples: Loan Agreement (China Finance Online Co. LTD)

Purpose of the Loan. the Borrower shall only use the Loan hereunder to acquire 455% equity interest in the Company as registered capital. Without the prior written consent of the Lender, the Borrower shall not use such Loan for any other purpose, or pledge their equity interests in the New Company to any other third party.

Appears in 1 contract

Samples: Loan Agreement (China Finance Online Co. LTD)

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