No obligation to monitor. No Finance Party is obliged to monitor or verify the utilisation of any Loan.
Appears in 18 contracts
Samples: Credit Facility Agreement, Credit Facility Agreement (Ocean Rig UDW Inc.), Credit Facility Agreement (Ocean Rig UDW Inc.)
No obligation to monitor. No Without affecting the obligations of the Company in any way, no Finance Party is obliged bound to monitor or verify the utilisation application of any Loan.
Appears in 3 contracts
Samples: Multicurrency Revolving Credit Facility (Scottish Power PLC), Multicurrency Revolving Credit Facility Agreement (Scottish Power PLC), Multicurrency Revolving Credit Facility (Scottish Power PLC)
No obligation to monitor. No Finance Party is obliged to monitor or verify the utilisation of any the Loan.
Appears in 2 contracts
Samples: Facility Agreement (Global Ship Lease, Inc.), Credit Facility Agreement (Seaspan CORP)
No obligation to monitor. No Finance Party is obliged bound to monitor or verify the utilisation purposes for which any Letter of any LoanCredit or Loan is applied.
Appears in 1 contract
No obligation to monitor. No Finance Party is obliged to monitor or verify the utilisation of any LoanLoan or Letter of Credit.
Appears in 1 contract
No obligation to monitor. No Finance Party is obliged to monitor or verify verify’ the utilisation of any Loan.
Appears in 1 contract
