Common use of Fiduciary Obligations Clause in Contracts

Fiduciary Obligations. The Company hereby represents that it intends to use the proceeds of the Notes primarily for the operations of its business and not for any personal, family, or household purpose. The Company hereby represents that its board of directors, in the exercise of its fiduciary duty, has approved the execution of this Agreement based upon a reasonable belief that the loan provided for herein is appropriate for the Company after reasonable inquiry concerning its financial objectives and financial situation.

Fiduciary Obligations. The Company hereby represents that it intends to use the proceeds of the Notes Note primarily for the operations of its business and not for any personal, family, or household purpose. purpose The Company hereby represents that its board of directors, in the exercise of its fiduciary duty, has approved the execution of this Agreement based upon a reasonable belief that the loan proceeds of the Note provided for herein is appropriate for the Company after reasonable inquiry concerning its financial objectives and financial situation.

Fiduciary Obligations. The Company hereby represents that it intends to use the proceeds of the Notes Note primarily for the operations of its business and not for any personal, family, or household purpose. The Company hereby represents that its board of directors, in the exercise of its fiduciary duty, has approved the execution of this Agreement based upon a reasonable belief that the loan proceeds of the Note provided for herein is appropriate for the Company after reasonable inquiry concerning its financial objectives and financial situation.

Fiduciary Obligations. The Company hereby represents that it intends tends to use the proceeds of the Notes primarily for the operations of its business and not for any personal, family, or household purpose. The Company hereby represents that its board of directors, in . In the exercise of its fiduciary duty, has approved the execution of this Agreement based upon a reasonable belief that the loan provided for herein is appropriate for the Company after reasonable inquiry concerning its financial objectives and financial situation.

Fiduciary Obligations. The Company hereby represents that it intends to use the proceeds of the Notes Note primarily for the operations of its business and not for any personal, family, or household purpose. The Company hereby represents that its board of directors, in the exercise of its fiduciary duty, has approved the execution of this Agreement based upon a reasonable belief that the loan provided for herein is appropriate for the Company after reasonable inquiry concerning its financial objectives and financial situation.

Fiduciary Obligations. The Company hereby represents that it intends to use the proceeds of the Notes Note primarily for the operations of its business and not for any personal, family, or household purpose. The Company hereby represents that its board of directors, in the exercise of its fiduciary duty, has approved the execution of this Agreement based upon L1pon a reasonable belief that the loan proceeds of the Note provided for herein is appropriate for the Company after reasonable inquiry concerning its financial objectives and financial situation.. d.

Fiduciary Obligations. The Company hereby represents that it intends to use the proceeds usetheproceeds of the Notes Note primarily for the operations of its business and not for any personal, family, or household purpose. The Company hereby represents that its board of directors, in the inthe exercise of its fiduciary duty, has approved the execution of this Agreement based upon a reasonable belief that the loan proceeds of the Note provided for herein is appropriate for the Company after reasonable inquiry concerning its financial objectives and financial situation.