Loan Proceeds. Borrower shall use the proceeds of the Loans only for the purposes set forth in Section 2.2.
Appears in 3 contracts
Samples: Rate Loan Agreement (First Union Real Estate Equity & Mortgage Investments), Fixed Rate Loan Agreement (First Union Real Estate Equity & Mortgage Investments), Fixed Rate Loan Agreement (Wellsford Real Properties Inc)
Loan Proceeds. Borrower shall use the proceeds of the Loans Loan only for the purposes set forth in Section 2.22.2 hereof.
Appears in 2 contracts
Samples: Loan Agreement (Mei Genpar Lp), Loan Agreement (Mei Holdings L P)
Loan Proceeds. Borrower shall use the proceeds of the Loans Loan only for the purposes set forth in Section 2.22.1.4 hereof.
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Loan Proceeds. Borrower shall use the proceeds of the Loans Loan only for the purposes set forth in Section 2.22.1.4.
Appears in 1 contract
Samples: Loan and Security Agreement (Morgans Hotel Group Co.)
Loan Proceeds. Borrower shall use the proceeds of the Loans Loan received by it only for the purposes set forth in Section 2.2.
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Loan Proceeds. Borrower shall use the proceeds of the Loans Loan only for the purposes set forth in Section 2.22.3 hereof.
Appears in 1 contract
Samples: Loan Agreement (Malibu Entertainment Worldwide Inc)
Loan Proceeds. Borrower shall use the proceeds of the Loans Loan only for the purposes Permitted Purposes set forth in Section 2.22.3 hereof.
Appears in 1 contract
Samples: Loan Agreement (Malibu Entertainment Worldwide Inc)
Loan Proceeds. Borrower shall use the proceeds of the Loans Loan received by it only for the purposes set forth in Section 2.2SECTION 2.1.1(b) hereof.
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