Common use of Purpose and utilization Clause in Contracts

Purpose and utilization. The net proceeds of the Bonds shall be applied for refinancing of existing debt and for general corporate purposes.

Appears in 2 contracts

Samples: Bond Agreement, Bond Agreement (Ship Finance International LTD)

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Purpose and utilization. 2.3.1 The net proceeds of the Bonds shall be applied employed for refinancing of existing debt and for general corporate purposes.

Appears in 1 contract

Samples: Bond Agreement (Ship Finance International LTD)

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Purpose and utilization. The net proceeds of the Bonds shall be applied used for refinancing of existing debt the Existing Bonds and for general corporate purposes.

Appears in 1 contract

Samples: Bond Agreement

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