Borrower shall use the proceeds of each Loan solely: (a) to fund cash payments required to be made by Borrower to the seller(s) of a target bank in connection with a Permitted Acquisition; (b) to pay Lender any sums due under this Agreement; (c) for general corporate purposes of Borrower, as approved by Lender; and (d) for such other purposes as Lender shall approve in its sole and absolute discretion, which approval must be in writing and must be given prior to Borrower’s use of such proceeds for such purposes.