Purpose and utilization Sample Clauses

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. 2.3.1 The net proceeds of the Bonds shall be employed for general corporate purposes.
Purpose and utilization. 1. The purpose of this Agreement is to cooperatively establish and fund the Liaison position with the Services as a staff biologist. The Liaison/Staff Biologist will prioritize permit applications submitted by the Ports, and process consultations for said permit applications to promote focused document review and project coordination on applicable Port projects. It is expected that this will enhance the Ports’ ability to comply with the Endangered Species Act and other authorities or environmental regulations regarding listed species in a timely manner. 2. The Ports shall utilize the Liaison for their respective permit applications as described in sub-section C (2) below.
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. 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 from the Bonds shall be used for refinancing of existing debt, including the NOK 1,000 million outstanding under the BONOl bond issue with ISIN NO 0010560683 and maturity on 15 December 2014 and for general corporate purposes.
Purpose and utilization. 2.3.1 The net proceeds of the Bonds shall be employed for the general financing of the Issuer.