Common use of Loan Purpose Clause in Contracts

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.

Appears in 4 contracts

Samples: Master Loan Agreement (Pope Resources LTD Partnership), Master Loan Agreement (Pope Resources LTD Partnership), Master Loan Agreement (Pope Resources LTD Partnership)

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

Appears in 2 contracts

Samples: Master Loan Agreement (Pope Resources LTD Partnership), Master Loan Agreement (Pope Resources LTD Partnership)

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

Appears in 1 contract

Samples: Master Loan Agreement (Pope Resources LTD Partnership)

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