Use of the Loan Sample Clauses

Use of the Loan use the Loan exclusively for the purpose specified in this Agreement;
AutoNDA by SimpleDocs
Use of the Loan. The loan must only be used to invest in a non-registered individual variable annuity contract issued by iA Financial Group. Any other use of the loan without written authorization from iA Financial Group results in the suspension of the rights to use the loan and requires the Borrower to immediately repay the Loan Amount in full. The amount borrowed shall be advanced and credited to the Non-registered Annuity Contract following iA Financial Group’s approval of the loan application. Before approving an application, iA Financial Group must receive all required documents, duly completed, and be allowed a reasonable period of time to process the application and complete its administrative processes.
Use of the Loan. Party A applies for the loan for the use of technological innovation, Party A shall not change the use of loan without the written consent of party B.
Use of the Loan. The loan must only be used to invest in an individual registered retirement savings plan issued by the Company. Any other use of the loan without written authorization from the Company results in the suspension of the rights to use the loan and requires the Borrower and the Co-borrower, if any, to immediately repay the Loan Amount in full. The amount borrowed will be advanced and credited to the Registered Account(s) following the Company’s acceptance of the loan application. Before approving an application, the Company must receive all required documents, duly completed, and be allowed a reasonable period of time to process the application and complete its administrative processes.
Use of the Loan. The Borrowers hereby agree and warrant that the Loan shall be used solely as capital contributed to Beijing Xxxxx Xxx Xxxx Xxxx for its business expansion. Without prior written consent of the Lender, the Borrowers shall not make use of the Loan for any other purpose, nor shall the Borrowers transfer, pledge or mortgage their equity interests or other rights and interests in Beijing Xxxxx Xxx Xxxx Xxxx to any third party other than the Lender or Beijing Xxxxx Xxx Xxx Xxxxx Data Information Technology Co., Ltd.
Use of the Loan. The Loan is only allowed to purchase , produce, transport, and arrange export goods unless given written consent from Party B.
Use of the Loan. Henan Xinyuan Real Estate shall use the entire amount borrowed under the Loan Agreement for general corporate purposes and for supplementary liquidity purposes.
AutoNDA by SimpleDocs
Use of the Loan. 3.1 The proceeds of the Loan shall be utilised by the Borrower for the purpose to fund the professional fees associated to the initial public offering in any stock exchange in United States.
Use of the Loan. Trusted loan in the contract herein is used for turnover of current capital.
Use of the Loan. The Borrower must only use Loan for the purposes of project investment, working capital purposes and to start its business as a holding company, as approved by the Borrower’s board of directors.
Time is Money Join Law Insider Premium to draft better contracts faster.