Common use of Loan Purpose Clause in Contracts

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.

Appears in 2 contracts

Samples: Synthesis Energy Systems Inc, Synthesis Energy Systems Inc

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Loan Purpose. The loans hereunder may Loans under this Contract shall be used for the following purpose, and without the written consents of the Lender, the Borrower shall not use them it for any other purposespurpose without the written consent from the Lender. The Lender has the right shall be entitled to supervise the use of the funds concernedloan. Loan purpose: purchase of raw materials.Purchases

Appears in 2 contracts

Samples: Altair Nanotechnologies Inc, Altair Nanotechnologies Inc

Loan Purpose. The loans hereunder may be used for purpose of the following purpose, and without the loan under this contract is as followed. Without written consents consent of the Lender, the Borrower shall may not use them borrow for any other purposes. The Lender has shall have the right to supervise the monitor use of loan funds. The purpose of the funds concerned. Loan purpose: purchase loan under this contract is for procurement of raw materials.

Appears in 1 contract

Samples: Wowjoint Holdings LTD

Loan Purpose. The loans hereunder may Loans under the Contract shall be used for the following purpose, and ; without the written consents consent of the Lender, the Borrower shall not use them for misuse any other purposesloans. The Lender has the right is entitled to supervise supervision of the use of the funds concernedfunds. Loan purposePurpose: purchase of raw materials.VAT Payment

Appears in 1 contract

Samples: Photronics Inc

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Loan Purpose. The loans hereunder may be used purpose of the loan under this contract is for the following purpose, and without the procurement. Without written consents consent of the Lender, the Borrower shall may not use them borrow for any other purposes. The Lender has shall have the right to supervise the monitor use of the funds concerned. Loan purpose: purchase of raw materialsloan funds.

Appears in 1 contract

Samples: Wowjoint Holdings LTD

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