Common use of Purpose of Borrowing Clause in Contracts

Purpose of Borrowing. Party B’s company shall, as required by its business operation, return or borrow funds according to its business development and capital turnover.

Appears in 3 contracts

Sources: Loan Agreement (WiMi Hologram Cloud Inc.), Loan Agreement (WiMi Hologram Cloud Inc.), Loan Agreement (WiMi Hologram Cloud Inc.)

Purpose of Borrowing. Party B’s holding company shall, as required by its business operation, return or borrow funds according to its business development and capital turnover.

Appears in 1 contract

Sources: Loan Agreement (WiMi Hologram Cloud Inc.)