Purpose and utilization. 2.3.1 The net proceeds of the Bonds shall be employed for general partnership purposes.
Purpose and utilization. 2.3.1 The net proceeds of the Bonds shall be employed for company growth, working capital and general corporate requirements.
Purpose and utilization. The net proceeds of the Bonds shall be applied for refinancing of existing debt and for general corporate purposes.
Purpose and utilization. 2.3.1 The net proceeds of the Bonds shall be employed for general corporate purposes.
Purpose and utilization. The net proceeds of the Initial Bond Issue shall be applied towards (i) the prepayment of the Existing Bonds and (ii) any remaining amount, for general corporate purposes.
Purpose and utilization. The net proceeds of the Bonds shall be applied (i) to partly finance the Transaction, (ii) to finance the Group’s further fleet expansion, and (iii) for the Group’s general corporate purposes.
Purpose and utilization. 2.3.1 The net proceeds of the Bonds shall be employed for the general corporate purposes of the Issuer.
Purpose and utilization. The net proceeds of the Bonds (net of legal costs, fees to the Manager and the Bond Trustee and any other agreed costs and expenses) shall exclusively be applied towards (i) refinancing of the Existing Bonds in full (including, without limitation, any costs and expenses incurred by the bond trustee under the Existing Bonds and any additional early redemption costs) and (ii) any remaining amount shall be employed for other general corporate purposes of the Group, including development of new projects. The employment of the proceeds of the Bond Issue shall upon request be evidenced to the satisfactory of the Bond Trustee.
Purpose and utilization. The net proceeds of the Bonds will be used to grow the Issuer with a focus on acquiring sailing vessels or vessels that are due for delivery within a short time frame, to part finance existing newbuilds and for general corporate purposes.
Purpose and utilization. 2.3.1 The net proceeds of the Bonds shall be employed for the general coiporate purposes of the Group.
