Common use of Specific Purpose Clause in Contracts

Specific Purpose. The specific purpose of this loan is: to finance Accounts Receivable and Inventory.

Appears in 1 contract

Sources: Business Loan Agreement (Erox Corp)

Specific Purpose. The specific purpose of this loan is: to finance Accounts Receivable Finance Borrower's accounts receivable and Inventorywork in process.

Appears in 1 contract

Sources: Loan Agreement (Ea Engineering Science & Technology Inc)