Loan Purpose Sample Clauses

Loan Purpose of Mortgage Pool by Aggregate Aggregate Weighted Weighted Weighted Number Cut-off Cut-off Average Average Average of Date Date Gross Remaining Comb Mortgage Principal Principal Interest Term Original Loan Purpose Loans Balance ($) Balance Rate (%) (months) LTV ------------------------------------------------------------------------------------------------------------------------- Purchase 1,622 109,692,260 48.11 9.587 214 95.76 Refinance - Cashout 606 83,435,587 36.59 7.537 311 79.79 Refinance - Rate Term 234 34,882,825 15.30 7.359 324 79.41 ------------------------------------------------------------------------------------------------------------------------- Total: 2,462 228,010,672 100.00 8.496 266 87.41
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Loan Purpose. The loan shall be used for daily business operating activities and payment of the building projects under construction.
Loan Purpose. This Loan is for Commercial purposes.
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 1.1.3.
Loan Purpose. 5.1 The Loan shall be used exclusively for following specified purpose: [insert details of what the loan will be used for]
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.
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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 buying toner cartridge assembly accessories and packaging materials 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. 1. Party A shall use the Loan for the BT cooperation project between its affiliated company, namely the Xi’an Xindadi Technology Development Co., Ltd. and the Baqiao District Government. Party B hereby warrants such usage complies with the relevant state laws, regulations, rules and policies. Without the consent of Party B and informing Party C in writing, Party A shall not change the purpose of the Loan.
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