Use of Proceeds Clause Example with 7 Variations from Business Contracts

This page contains Use of Proceeds clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Use of Proceeds. On or prior to the date of this Note, the Payee shall remit the full principal amount to the Maker. The Maker hereby represents, warrants and covenants to the Payee, that the entire principal amount will be used by the Maker solely for purposes of making a payment pursuant to the Investment Management Trust Agreement dated November 2, 2021 by and between Maker and Continental Stock Transfer & Trust Company, a New York limited liability trust company ("CST"), for the Extension.
Found in McLaren Technology Acquisition Corp. contract

Variations of a "Use of Proceeds" Clause from Business Contracts

Use of Proceeds. On or prior to the date of this Note, the Payee shall remit the full principal amount to Maker in accordance with the Maker. The wiring instructions attached here to as Exhibit A. Maker hereby represents, warrants and covenants to the Payee, Payee that the entire principal amount will be used by the Maker solely for purposes of making a payment pursuant to the Investment Management Trust Agreement dated November 2, 2021 December 21, 2020 by and between Maker and Continental Stock Transfer & Trus...t Company, a New York limited liability trust company ("CST"), (the "Trustee"), for an Extension (as defined therein) and that, prior to or concurrently with the Extension. execution and delivery of this Note, Maker has delivered to the Trustee, an Extension Letter (as defined therein). View More
Found in ACKRELL SPAC Partners I Co. contract
Use of Proceeds. On or prior to the date of this Note, the Payee shall remit the full principal amount to the Maker. Maker in accordance with the wiring instructions attached here to as Exhibit A. The Maker hereby represents, warrants and covenants to the Payee, that the entire principal amount will be used by the Maker solely for purposes of making a payment pursuant to the Investment Management Trust Agreement dated November 2, 2021 February 7, 2022 (as amended), by and between Maker and Continental Stock Tran...sfer & Trust Company, a New York limited liability trust company ("CST"), company, for the Extension. an Extension (as defined therein). View More
Found in Aurora Technology Acquisition Corp. contract
Use of Proceeds. On or prior to the date of this Note, the Payee shall remit the full principal amount to the Maker. Maker in accordance with the wiring instructions attached here to as Exhibit A. The Maker hereby represents, warrants and covenants to the Payee, that the entire principal amount will be used by the Maker solely for purposes of making a payment pursuant to the Investment Management Trust Agreement dated November 2, 2021 December 23, 2020 by and between Maker and Continental Stock Transfer & Trust ...Company, a New York limited liability trust company ("CST"), company, for the Extension. an Extension (as defined therein). View More
Found in Ventoux CCM Acquisition Corp. contract
Use of Proceeds. On or prior to the date of this Note, the Payee shall remit the full principal amount to the Maker. Maker in accordance with the wiring instructions attached here to as Exhibit A. The Maker hereby represents, warrants and covenants to the Payee, that the entire principal amount will be used by the Maker solely for purposes of making a payment pursuant to the Investment Management Trust Agreement dated November 2, 2021 9, 2020 by and between Maker and Continental Stock Transfer & Trust Company, a... New York limited liability trust company ("CST"), company, for the Extension. an Extension (as defined therein). View More
Found in Edoc Acquisition Corp. contract
Use of Proceeds. On or prior to the date of this Note, the Payee shall remit the full principal amount to the Maker. The Maker hereby represents, warrants and covenants to the Payee, that the entire principal amount will be used by the Maker solely for purposes of making a payment payments pursuant to the Investment Management Trust Agreement Agreement, dated November 2, October 20, 2021 by and between Maker and Continental Stock Transfer & Trust Company, a New York limited liability trust company ("CST"), corpo...ration ("CST") (the "Trust Agreement"), for the Extension. View More
Found in GoGreen Investments Corp contract
Use of Proceeds. On or prior to the date of this Note, the Payee shall remit the full principal amount to the Maker. The Maker hereby represents, warrants and covenants to the Payee, that the entire principal amount will be used by the Maker solely for purposes of (i) making a payment pursuant to the Investment Management Trust Agreement dated November 2, 2021 12, 2020 by and between Maker and Continental Stock Transfer & Trust Company, a New York limited liability trust company ("CST"), for the Extension. Exten...sion and (ii) Maker's ongoing working capital requirements. View More
Found in 2 Contracts from 2 Companies
Use of Proceeds. On or prior to the date of this Note, the Payee shall remit the full principal amount to the Maker. The Maker hereby represents, warrants and covenants to the Payee, that the entire principal amount will be used by the Maker solely for purposes of making a payment pursuant to the Investment Management Trust Agreement dated November 2, October 7, 2021 by and between Maker and Continental Stock Transfer & Trust Company, a New York limited liability purpose trust company ("CST"), for the Extension.... View More
Found in 2 Contracts from Jade Mountain Acquisition Corp.