Use of Financing Sample Clauses

The "Use of Financing" clause defines how funds provided through financing arrangements may be utilized by the borrower. Typically, this clause outlines specific permitted uses for the loan proceeds, such as purchasing equipment, funding operations, or acquiring assets, and may prohibit using the funds for unrelated purposes like paying dividends or personal expenses. Its core function is to ensure that the lender's money is used as intended, thereby managing risk and maintaining oversight over the borrower's financial activities.
Use of Financing. Purchasers shall have received evidence ------------------ satisfactory to them that the proceeds of the sale of the Series A Preferred Stock are being used and applied in accordance with the provisions of Section ------- 6.7 hereof. ---
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Use of Financing. 31 9.12 Pay-Off Letter and UCC Termination Statements, etc. .... 31
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Use of Financing. Purchasers shall have received evidence satisfactory to them that the proceeds of the sale of the Notes are being used and applied in accordance with the provisions of Section 8.11 hereof.
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Use of Financing. 26 3.28. Accuracy of Information............................................. 26 3.29.
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Use of Financing. The proceeds received under or as a ---------------- result of the Acquisition Documents will solely be used directly or indirectly for the consummation of the transactions contemplated by the Acquisition Documents, including the payment of related fees and expenses, and for working capital of the Renters Choice Entities.
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Use of Financing. Lender shall have received a certificate from Borrower satisfactory to it that the Loans to be made hereunder are being used in accordance with subsection 1.1.2 hereof.
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Use of Financing. Lender shall have received evidence satisfactory to it that the ESOP shall purchase no less than thirty percent (30%) (after warrant dilution) of the common stock of Borrower for an amount of not less than Eleven Million Dollars ($11,000,000).
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Use of Financing. Purchasers shall have received evidence ------------------ satisfactory to them that the proceeds of the sale of the Debentures are being used and applied in accordance with the provisions of Section 8.7 hereof. -----------
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Use of Financing. The proceeds received under or as
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Related to Use of Financing

  • Use of First Samples Drawn For the purposes of all samples (Discovery Sample(s) and Full Sample(s)) discussed in this Appendix, the Paid Claims selected in each first sample shall be used (i.e., it is not permissible to generate more than one list of random samples and then select one for use with the Discovery Sample or Full Sample).

  • Use of FIIOC’s and FSC's Name The Trust shall not use the name of FIIOC and FSC in any Prospectus, sales literature or other material relating to the Trust or any Fund of the Trust in a manner not consented to by FIIOC and FSC prior to use; provided, however, that FIIOC and FSC shall approve all uses of its name which merely refer in accurate terms to its appointments, duties or fees hereunder or which are required by the Securities and Exchange Commission ("SEC" or “Commission”) or a state securities commission; and further, provided that in no event shall such approval be unreasonably withheld.

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  • Use of Funds Grantee shall expend funds under this Grant Agreement only for approved services and for reasonable and allowable expenses directly related to those services.

  • Use of Facility The Facility will be used for the purposes specified in the Recital.