Common use of Purpose and utilisation Clause in Contracts

Purpose and utilisation. 2.3.1 The net proceeds from the Initial Bonds (net of legal costs, fees of the Managers and the Bond Trustee and any other agreed costs and expenses) shall be applied to (i) finance future growth of the Group and (ii) for the general corporate purposes of the Group.

Appears in 3 contracts

Samples: Bond Agreement, Bond Agreement, Bond Agreement

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Purpose and utilisation. 2.3.1 The net proceeds from the Initial Bonds (net of legal costs, fees of the Managers and the Bond Trustee and any other agreed costs and expenses) shall be applied to (i) partly refinance existing debt, (ii) finance future growth of the Group and and/or (iiiii) for the general corporate purposes of the Group.

Appears in 1 contract

Samples: Bond Agreement

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