Application of Facility Without. prejudice to the obligations of the Borrower under this Agreement, no Finance Party shall be obliged to concern itself with the application of the Facility by the Borrower.
Appears in 15 contracts
Samples: Loan Facility Agreement, Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc), Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc)
Application of Facility Without. prejudice to the obligations of the Borrower Borrowers under this Agreement, no Finance Party shall be obliged to concern itself with the application of the Facility by the BorrowerBorrowers.
Appears in 4 contracts
Samples: Secured Reducing Revolving Loan Facility Agreement, Loan Agreement (Teekay LNG Partners L.P.), Secured Reducing Revolving Loan Facility Agreement (Teekay Shipping Corp)
Application of Facility Without. prejudice to the obligations of the Borrower under this Agreement, no Finance Party shall be obliged to concern itself with the application of the Facility by the Borrower.. \P1\3522333.10
Appears in 2 contracts
Samples: Loan Facility Agreement (Teekay Shipping Corp), Loan Facility Agreement (Teekay LNG Partners L.P.)
